meta_pixel
Tapesearch Logo
Ready For Retirement

Secrets to a Happy Retirement: What the Research Shows

Ready For Retirement

James Conole, CFP®

Investment Planning, Bonds, Education, Stocks, Cash, Business, Dividend Investing, Retirement Planning, Retirement, Investing, Tax Planning

5706 Ratings

🗓️ 30 January 2024

⏱️ 31 minutes

🧾️ Download transcript

Summary

Retirement is not just about financial readiness; it's also about finding purpose, passion, and personal growth. James and guest Cynthia Meyer debunk the arrival fallacy, the illusion that reaching retirement will bring lasting happiness. Having structure in retirement and pursuing your passions is vital to feeling fulfilled. Although it's easy to fall into comparing our retirement experiences to those around us, this is a dangerous trap. Finding what's truly important to you an...

Transcript

Click on a timestamp to play from that location

0:00.0

There's something in psychology called the arrival fallacy.

0:03.0

And it's the illusion that once we make it, once we attain our goal or reach our destination,

0:07.3

then we will have lasting happiness.

0:09.6

Then, of course, we reach our goal, we reach our destination, and we find that lasting happiness

0:13.2

has somehow alluded us.

0:15.0

This is something I see quite a bit with retirement.

0:17.3

You think that as soon as you have a big enough sum of money, then you'll automatically

0:20.6

experience that freedom and that happiness that you've been searching for. Fortunately, you think that as soon as you have a big enough sum of money, then you'll automatically experience

0:21.1

that freedom and that happiness that you've been searching for.

0:24.5

Fortunately, that's really actually the case.

0:26.2

And to help us understand why we have guests, Sin Meyer, on the show, Sin is a retirement

0:29.7

life coach and the founder of Second Wind Movement.

0:31.8

Sin, welcome to the show.

0:33.3

Thank you so much for having me.

0:34.8

I'm excited.

0:37.9

This is another episode of Ready for Retirement. I'm your host, James Cannell, and I'm here to teach you how to get the most of life with your money. And now on to the episode.

0:48.4

I am too. I didn't tell you this actually before, before hitting record, but this is actually going to be the 200 episode of Ready for Requirement.

0:54.8

So a milestone, I guess you want to call it that.

0:57.5

And sometimes on those milestone episodes, you want to talk about something extra special or

1:02.0

extra important outside the usual Social Security, Medicare, investments, taxes.

1:06.7

And I think that this is one of those milestone topics of who cares how big your portfolio is,

1:13.8

who cares how much you saved in taxes, who cares if you had the perfect estate plan.

...

Transcript will be available on the free plan in -422 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from James Conole, CFP®, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of James Conole, CFP® and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.