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Ready For Retirement

Unexpected Retirement: Finding Happiness and New Adventures

Ready For Retirement

James Conole, CFP®

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

5706 Ratings

🗓️ 10 September 2024

⏱️ 23 minutes

🧾️ Download transcript

Summary

Elaine didn’t decide to retire at age 57, but changes in her company meant an early retirement for her. Being caught off guard, she didn’t feel emotionally prepared to make the shift, even though she knew that her family would be fine financially. One year into her retirement, she found her groove by focusing on her family, building new relationships, trying new things, and staying physically active. Today she says she’s never been happier. James and Elaine discuss how she found her footi...

Transcript

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0:00.0

My guest on today's episode of Ready for Retirement is Elaine. Elaine opens up how at the age of

0:04.7

57 she was unexpectedly let go from her company. She shares about the first 12 months and how it turned

0:10.0

into an identity crisis having poured so much time and effort and work into the workplace that it was

0:15.4

difficult to transition into retirement. She then goes on to share what she's done since then,

0:20.5

to, in her own words,

0:21.8

be the happiest she's ever been in the guidance that she has for those of you looking to retire.

0:26.0

It's all coming up next on today's episode of Ready for Retirement.

0:31.2

This is another episode of Ready for Retirement. I'm your host, James Cannell, and I'm here

0:35.5

to teach you how to get the most of the life with your money.

0:38.0

And now, on to the episode.

0:41.4

My guest on today's episode, Ready for Retirement is Elaine Maganya.

0:44.7

Elaine, thank you very much for being on the show.

0:46.6

My pleasure.

0:48.0

So this is the second episode of this new format that we're doing.

0:51.3

And really, it's just a conversation of for those that have

0:54.9

gone there before, that there being retirement, what's it been like? What's on the other side of this

1:00.1

what to some maybe feels like a magical destination for others maybe feels like this scary place?

1:05.6

But what did that transition actually look like and just hearing real authentic stories

1:09.8

of people that have gone there before.

1:11.7

So Elaine, we've obviously known each other for a few years now.

1:15.0

Elaine is a full disclosure client of root, one of my favorite people.

1:18.1

So I want to back up a little bit.

...

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