Retiring Is Easy, Staying Retired Is Difficult.

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Retirement: Ready Or Not, Here It Comes

Are you nearing “retirement age?” If so, let’s explore that pivotal question you’ll soon face: Should you retire or continue working? We’ll unravel the intricacies of this decision, addressing both financial and emotional aspects, and help you find out if you’re truly ready to retire.

 

Matt and Sam kick off this episode by discussing their favorite childhood TV shows, the best songs ever written, their first celebrity crushes, and more. Then, they jump into two interesting retirement articles. The first is a survey from CNBC, which suggests that Americans need $233,000 annually and nearly $1.3 million to feel comfortable in retirement. Matt and Sam share their thoughts on those numbers before diving into a MarketWatch article that discusses the challenges faced by solo agers in retirement. 

 

For this week’s mailbag question, Charlie from Tampa asks how much is too much to spend on travel in retirement. For this week’s Retirement Ride Along segment, Matt and Sam talk about some of their favorite spots for jazz and brunch in Kansas City. 

 

Here’s what we’ll discuss on today’s show:

  • Get-to-know-you questions: Favorite childhood TV show, best song ever written, winning a medal in the Olympics, first celebrity crush. (6:11)
  • CNBC Article: “To Feel Comfortable, Americans Think They Need A $233,000 Annual Salary And Nearly $1.3 Million For Retirement.” (22:09)
  • MarketWatch Article: “How To Thrive As A Solo Ager In Retirement.” (27:01)
  • Main topic: Should you retire or continue working? (33:05)
  • Mailbag: “How much is a reasonable amount to spend on travel in retirement?” (42:20)
  • Retirement Ride Along: Exploring Kansas City. (46:23)

 

Links From Today’s Show: 

CNBC Article:

https://www.cnbc.com/2023/07/24/americans-have-big-number-goals-for-salary-retirement.html

MarketWatch Article:

 https://www.marketwatch.com/story/its-important-to-figure-out-who-you-can-count-on-how-to-thrive-as-a-solo-ager-in-retirement-51d295cf?mod=home-page

The American Jaxx Museum:

https://www.americanjazzmuseum.org/

The Phoenix:

https://www.thephoenixkc.com/

Green Lady Lounge:

https://greenladylounge.com/

Lonnie’s Reno Club:

https://www.lonniesrenoclub.com/

 

Want to contact us?

Call 888-228-8814 or visit us online at https://incomeforlife.org and check out Folds of Honor at https://foldsofhonor.org to support their mission.

Get your free copy of Preparing for Retirement:

Call (888) 228-8814 or email info@incomeforlife.org

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