Retire With Purpose - The Retirement Podcast

Today, I'm speaking with Darius Foroux. Darius's work has been featured in Time, NBC, the Observer, and the Economist. He's also the host of The Darius Foroux Show: Mindset, Business, Money , which is available on all podcast platforms. Darius teaches online classes on wealth building and has written eight books, including his newest work, The Stoic Path to Wealth: Ancient Wisdom for Enduring Pros...

In what ways can past market performance help you plan for a financially confident future? It involves sifting through the data and understanding when and where that information is most applicable.  In this episode, we discuss:  How the stock market has evolved In what instances past market data is useful How long term vs. short term expectations differ Today's article comes from Retirement Resear...

Who are you without your career? How do you find meaning outside of your professional life? These are questions you might ask yourself while stepping into retirement or in the thick of midlife, but in order to truly know yourself better, you first need to understand how to lead yourself better.   In this episode, we discuss:  How your tendencies impact your actions What it looks like to "shape" a...

The most powerful financial skill is having the ability to stay focused on your retirement strategy despite what's happening around you. It means taking away the yard stick and avoiding comparison to remain healthy, happy, and fulfilled.   In this episode, we discuss:  Why quiet compounding can feel slow The four factors that make up quiet compounding How to become selfish in the best way Today's...

What does it look like for you to live a meaningful life with purpose? As you navigate the transition from midlife to retirement, take the time to define your "Repurposement" Goals so you can pursue what excites you, align actions with your values, and contribute to the greater good.   In this episode, we discuss:  The mentality behind a "midlife crisis" 3 questions to ask yourself in midlife How...

Diversification is a key principle in investing, where you often combine assets with differing performance characteristics. However, this strategy is not foolproof.   In this episode, we discuss:  The definition of "uncorrelated assets" Why real estate's correlation with stocks has increased What you need to know about "junk bonds" and crypto Assets that ARE negatively correlated Today's article c...

To live a midlife full of meaning and purpose, you must first understand your core values and the role they play in your overall wellbeing.  In this episode, we discuss:  The definition of a "core value" How to identify your core values and why they're so important in midlife Why values are NOT goals How to stay focused on your core values Today's article comes from our very own blog titled, Thriv...

Today, I'm speaking with Mike Golic Sr. Mike's career in the NFL began when he was drafted in the 10th round as a defensive lineman in the 1985 NFL draft. He has since gone on to have tremendous success in sports media as the cohost of Mike & Mike on ESPN and currently cohosts Gojo and Golic with his son, Mike Jr., at DraftKings.  He coauthored Mike and Mike's Rules for Sports and Life with Mike G...

What are the odds your retirement savings will last your lifetime? In the financial planning world, retirement calculators, software and simulations are often leveraged to answer this question; however, they don't always provide the full picture.  In this episode, we discuss:  Why it's important to define what retirement "success" or "failure" mean to you Why different retirement calculators or si...

What unique challenges could you face during your retirement years? While some risks remain a constant, others can present themselves depending on where you are in your retirement planning journey.    In this episode, we discuss:  When you will find yourself in the "Retirement Death Zone" How investment risk changes depending on your retirement stage Why it's important to rebalance your portfolio...

You're human; you will go through changes throughout your life. But some of the greatest factors that determine how you navigate these transitions as you age (big or small) lie in your habits.   Today's article is  In this episode, we discuss: What it means to thrive in "midlife" Why it's important to maintain curiosity How to live in service of others Ways to cultivate more gratitude How to embra...

Does the perfect asset allocation exist? To create a retirement portfolio that aligns with your long-term financial goals and needs, you might find your savings reap the most benefit by taking an international approach.  In this episode, we discuss:  Conflicting opinions around the four percent rule. What does a "safe withdrawal rate" really mean? Why you need to know about the "Ulcer Index". The...

Do you have a clear understanding of your financial risk tolerance? Is your money truly aligned with what's most important to you in life? Although the actions you take along your investment journey might often feel complex, you can make the process less overwhelming by focusing on one word: Simple.  In this episode, we discuss: How to understand why  you're making certain financial decisions. The...

Are you a risk seeker or a risk mitigator? Although both can find success, it's important to understand your style.  In this episode, we discuss:  The correlation between golf tactics and investment strategies by adopting either a risk-taking or risk-averse stance Why it's dangerous to emotionally swap back and forth between risk styles based on market conditions Today's article comes from CollabF...

Today, I'm talking to Dr. Tom Kamber. Tom is the founder and executive director of Older Adults Technology Services (OATS) and Senior Planet. He is a leading expert on aging and technology and has provided award-winning programs for older adults across America.  Tom has taught courses on technology, urban studies, and philanthropy at Columbia University, is widely published in professional and aca...

Certain behaviors can play a large role in your self-perception, especially as you navigate life transitions like retirement.  In this episode, we discuss:  Self-awareness and recognizing patterns of behavior, including letting go of behaviors that no longer serve us The importance of truly understanding yourself, your core values and your purpose in life Setting meaningful goals aligned with your...

Investment strategies have evolved over the past 25 years, from mutual funds to ETFs, and now to direct indexing, a strategy favored by the ultra-wealthy due to its tax advantages. Direct Indexing also offers highly customized portfolios while still tracking index returns. Today's article comes from FA-mag.com  titled, The Connection Between Index Investing And Direct Indexing .  Listen in as Foun...

Buffer ETFs have grown in popularity as a way to reduce risk, but every upside has a downside. Ask yourself, C.A.N. I take the risk?   In this episode, we discuss:  Why buffer ETFs have become so popular How they compare to annuities The benefit of professional management Today's article comes from WealthManagement.com  titled, Buffer ETFs May Protect Investors from Outsized Losses. That Comes wit...

Ancient philosophy is still useful today. Stoic wisdom focuses on inner peace, resilience, and recognizing what is in your control – all of which can be applied to your financial life. In this episode, we discuss six pieces of stoic wisdom for financial success.  Today's article comes from NewRetirement.com titled, Stoic Wisdom: 6 Key Insights to Make You Happier Today and Wealthier in the Future...

Today, I'm talking to Lux Narayan. Lux is an author, entrepreneur, stand-up comedian, and storyteller. We first discovered Lux through his TED Talk, What I Learned From 2000 Obituaries . From there, we learned about his work as the founder of StreamAlive, where he helps livestreamers and storytellers engage, in-person or online, with AI-powered SaaS. In our conversation, we discuss his new book Na...

Saving for retirement is enough of a challenge. Don't make it harder on yourself by losing track of your old investment accounts. In this episode, we discuss: Four options for your old 401(k) accounts  Proper ways to rollover your old 401(k)s  The impact of Secure Act 2.0 on orphan 401(k)s  Today's article comes from Morningstar titled, Why You Should Clean Up Those Old 401(k)s .  Listen in as Fou...

Moving from the first half of life into the second half can be a confusing and rocky experience.    In this episode, we discuss:  The role that "ego" plays in our lives How to find meaning as our identity shifts The importance of mental health and its connection with longevity Today's article comes from  Medium titled, Carl Jung: The Second Half of Life .  Listen in as Founder and CEO of  Howard B...

Life transitions are unavoidable. In this episode, we discuss how to navigate these transitions in a healthy way.  Join us as we discuss:  How life transitions affect us psychologically, emotionally, and physically The importance of being intentional during these transitions Today's article comes from iflow Psychology titled, Navigating Life Transitions: Expert Tips for Optimising Your Journey and...

Today, I'm talking to Marc Schulz, PhD. In addition to being a practicing therapist, Dr. Schulz is the Associate Director of the Harvard Study of Adult Development, Director of the Data Science program at Bryn Mawr, and former chair of that school's psychology and clinical development psychology PhD programs.  In this conversation, we dig into his book that he co-authored, The Good Life: Lessons f...

Retirement expectation and retirement reality don't always line up. In this episode, we discuss the top retirement surprises from a recent study.  Join us as we discuss:  Positive surprises that might provide relief if you're anxious about retirement  Potentially negative surprises that you can get ahead of (or manage your expectations for) now Today's article comes from The Retirement Manifesto  ...