In this episode of the Retirement Answer Man, Roger Whitney wraps up his series on the eight pillars of a great retirement plan by diving into the last two non-financial pillars: passion and relationships. Discover how your hobbies, curiosities, and social connections can significantly impact your retirement happiness. Roger also shares personal stories and practical tips on maintaining energy, fostering a growth mindset, and building a fulfilling post-retirement life. Tune in for insights and strategies to help you rock your retirement!

PRACTICAL PLANNING SEGMENT

(00:26) Eight pillars are needed as a foundation for having a great retirement plan

(02:50) Importance of showing up and doing the work

(04:12) Having projects is a core component of living an enriching, full life

(04:49) Passion is our next nonfinancial pillar, find projects you’re passionate about

(07:19) What are the obstacles to pursuing passion and projects outside of retirement

(08:50) Roger’s personal anecdote about digital obstacles

(10:30) Plan for developing passions

(11:52) Last of the four non-financial pillars is relationships

(15:17) What are the obstacles of building relationships?

LISTENER QUESTIONS

(18:50) Mark asks about spousal IRA

(20:09) Question from Beth: Should I keep 401k or roll over to an individual IRA?

(24:28) Fund choices can be a determinant of your 401K success

(27:07) Simplification and consolidating your assets into an IRA

(30:21) Listener feedback on losing a spouse

(34:50) It only takes one account or property to force probate

SMART SPRINT

(37:20) Identify one thing that you are curious about and pull that thread