Retirement Revealed podcast

21:30

How you can avoid the 3 biggest retirement mistakes and set yourself up for a secure and meaningful retirement. After helping hundreds of people transition into retirement, I’ve noticed a few common patterns—the same mistakes come up again and again. And unfortunately, they can lead to stress, financial instability, and a retirement that doesn’t quite match the dream. So today, I want to share with you the 3 biggest mistakes people make in retirement —and more importantly, how to avoid them. Last week Benjamin Brandt joined me to discuss the key takeaways from his book “Retirement Starts Today”; this week’s episode is actually pulled from my appearance on Benjamin’s podcast. Let’s dive in! Mistake #1: Starting Social Security and Pension As Soon As You Retire One of the most tempting choices in retirement is to start collecting your Social Security and pension benefits the moment you stop working. After all, you’ve earned it—why wait? However, rushing into these decisions can lead to significantly less income over your lifetime. Social Security offers delayed retirement credits—about an 8% increase per year you wait past full retirement age. That’s a guaranteed return, and in today’s low-interest environment, it’s tough to beat. Plus, if you’re married, the decision impacts your spouse too. Delaying can enhance the survivor benefit, providing more financial security down the road. Instead of defaulting to the earliest option, ask yourself: What’s the smartest long-term move for my situation? Mistake #2: Misunderstanding Longevity Here’s the thing—most people underestimate how long they’ll live. Many plan for a 20-year retirement, but the reality is, a 30- or even 35-year retirement isn’t out of the question. That’s great news for enjoying life, but it also means your money needs to last a lot longer than you might expect. When you enter retirement with an inaccurate understanding of how long your retirement will last, you’re bound to run into unexpected challenges. That’s why I am such a big proponent of using LongevityIllustrator.org to get a personalized estimate of your longevity. When I work with clients, it is very common to see someone’s personalized estimate come back higher than they expected (hooray!). It’s better to have money left over than to run out in your 80s or 90s. Mistake #3: Planning Just for “Day One” of Retirement This one might surprise you. A lot of folks prepare only for their initial retirement needs—the “go-go years” filled with travel and fun. That’s important, no doubt. But retirement isn’t just one stage. It has multiple phases: the go-go, slow-go, and no-go years, as Benjamin puts it. The problem? Many people only plan for the front half. They create an income plan based on what they need in year one or two, without thinking about how that income will support them in years 15, 20, or 30. A good retirement plan has to evolve with your life. Expenses might change. Healthcare needs will almost certainly increase. Inflation will chip away at your purchasing power. Planning across your full retirement timeline—not just the first few years—is essential. At the end of the day, retirement planning isn’t just about math. It’s about mindset. It’s about having a vision for your future and creating a strategy that supports that vision through every stage of retirement. If you prepare yourself to learn from the mistakes of those who have gone before you, the chances of securing a retirement that fits your needs are far greater–and that means a more meaningful retirement. Don’t forget to leave a rating for the “Retirement Revealed” podcast if you’ve been enjoying these episodes! Subscribe to Retirement Revealed to get new episodes every Wednesday. Apple Podcasts: https://podcasts.apple.com/us/podcast/retirement-revealed/id1488769337 Spotify Podcasts: https://bit.ly/RetirementRevealedSpotify Additional Links: https://www.longevityillustrator.org/ Benjamin Brandt’s Podcast : https://retirementstartstodayradio.com Benjamin Brandt’s Website : https://retirementstartstoday.com/ Benjamin’s Book: Retirement Starts Today Benjamin Brandt on LinkedIn : https://www.linkedin.com/in/benjamin-brandt-cfp%C2%AE-134232a8/ Retirement Revealed Episode 235 : Retirement Starts Today with Benjamin Brandt Connect With Jeremy Keil: Keil Financial Partners LinkedIn: Jeremy Keil Facebook: Jeremy Keil LinkedIn: Keil Financial Partners YouTube: Retirement Revealed Book an Intro Call with Jeremy’s Team Disclosures: Content Results and figures presented within the above links are hypothetical, unaudited and are intended for illustrative purposes only. Liability Keil Financial Partners assumes no liability or responsibility for any errors, omissions, or other issues with the links and their respective contents. This includes both the website content and any potential bugs, viruses or other technical threats. No Tax Advice Keil Financial Partners does not provide any tax advice. No information or results from the links should be interpreted as tax advice. Please seek guidance from a qualified tax professional for any and all tax-related matters. No Investment Advice The content and information provided through the links should not be interpreted as being investment advice or a recommendation of suitability for any particular security, portfolio of securities, transaction, or investment strategy, or related decision. Please seek assistance from a qualified investment professional for any and all investment matters. Investment Risk Investments may increase or decrease significantly. All investments are subject to risk of loss. General Disclosure Advisory Persons of Thrivent provide advisory services under a “doing business as” name or may have their own legal business entities. However, advisory services are engaged exclusively through Thrivent Advisor Network, LLC, a registered investment adviser. Keil Financial Partners and Thrivent Advisor Network, LLC are not affiliated companies. Please visit our website www.keilfp.com for important disclosures.…

Retirement Revealed

1
Retirement Starts Today! with Benjamin Brandt 19:53

il y a environ 14 jours19:53

19:53

Author Benjamin Brandt explains how retirement planning starts with the practice during your working years in order to prepare for a successful retirement Remember when you graduated high school and you got all these books about planning for your future and advice pouring in from every direction? My guest on this week’s episode of “Retirement Revealed”, Benjamin Brandt, equated this time to entering retirement. While the magnitude of life change is similar, the guidance on how to actually live in retirement is nowhere near as prevalent. If you’re planning your retirement or already living it, this episode with author and podcast host Benjamin Brandt will help you optimize your retirement experience. The Importance of Planning Beyond Finances Many people think of retirement as purely a financial transition, but Benjamin emphasized that it’s much more than that. Of course, having enough money saved is crucial, but just as important is planning for how you’ll spend your time. Retirement brings 40+ extra hours into your week, and if you don’t have a plan, boredom or lack of purpose can creep in. Benjamin advises his clients to create a “retirement budget” that includes not just money but time. Consider what your ideal day looks like, how you’ll stay active, and what will bring you joy. The First Year: A Retirement Trial Run Benjamin shared a great strategy: treat your first year of retirement as an experiment. Rather than committing to a rigid schedule, give yourself the flexibility to try new hobbies, explore part-time work, or travel more. This “trial run” approach allows you to adjust your expectations and refine your retirement lifestyle without feeling locked into decisions. Retirees sometimes struggle with an unexpected identity shift as they transition from a well-established lifestyle and persona to a completely new set of life circumstances. If your sense of self has been tied to your job for decades, it can be challenging to suddenly redefine who you are. This is why testing different activities in the first year can help you transition more smoothly. Overcoming the Fear of Spending One of the biggest mental hurdles retirees face is the fear of spending their savings. After years of accumulating wealth, switching to a withdrawal mindset can be difficult. Benjamin provided a simple but powerful perspective: “You saved this money to enjoy it. Don’t let fear keep you from living the retirement you envisioned.” A well-thought-out withdrawal strategy can ease this anxiety. This includes setting up a structured income plan that ensures your basic needs are covered while also allowing for discretionary spending. By planning out the financial aspects carefully, you can enjoy your retirement without constantly worrying about running out of money. Finding Purpose in Retirement Benjamin also stressed the importance of purpose. Some retirees find meaning in volunteering, mentoring, or even launching a small business. Others may find joy in travel, hobbies, or spending time with family. The key is to identify what gives you a sense of fulfillment and make it a regular part of your routine. One of the most inspiring takeaways from our discussion was Benjamin’s encouragement to embrace change. Retirement is not a static phase of life—it’s an ongoing journey of growth and adaptation. Whether that means relocating to a new state, taking up a passion project, or reinventing your daily routine, the best retirements are those that remain dynamic. Retirement isn’t just about financial security—it’s about designing a life you love. By experimenting with new activities, overcoming financial fears, and focusing on purpose, you can create a fulfilling and joyful retirement. It’s like we were told growing up: practice makes perfect! Now go apply it to your retirement. Don’t forget to leave a rating for the “Retirement Revealed” podcast if you’ve been enjoying these episodes! Subscribe to Retirement Revealed to get new episodes every Wednesday. Apple Podcasts: https://podcasts.apple.com/us/podcast/retirement-revealed/id1488769337 Spotify Podcasts: https://bit.ly/RetirementRevealedSpotify Additional Links: Benjamin Brandt’s Podcast: https://retirementstartstodayradio.com Benjamin Brandt’s Website: https://retirementstartstoday.com/ Benjamin’s Book: Retirement Starts Today Benjamin Brandt on LinkedIn : https://www.linkedin.com/in/benjamin-brandt-cfp%C2%AE-134232a8/ Connect With Jeremy Keil: Keil Financial Partners LinkedIn: Jeremy Keil Facebook: Jeremy Keil LinkedIn: Keil Financial Partners YouTube: Retirement Revealed Book an Intro Call with Jeremy’s Team Disclosures: Content Results and figures presented within the above links are hypothetical, unaudited and are intended for illustrative purposes only. Liability Keil Financial Partners assumes no liability or responsibility for any errors, omissions, or other issues with the links and their respective contents. This includes both the website content and any potential bugs, viruses or other technical threats. No Tax Advice Keil Financial Partners does not provide any tax advice. No information or results from the links should be interpreted as tax advice. Please seek guidance from a qualified tax professional for any and all tax-related matters. No Investment Advice The content and information provided through the links should not be interpreted as being investment advice or a recommendation of suitability for any particular security, portfolio of securities, transaction, or investment strategy, or related decision. Please seek assistance from a qualified investment professional for any and all investment matters. Investment Risk Investments may increase or decrease significantly. All investments are subject to risk of loss. General Disclosure Advisory Persons of Thrivent provide advisory services under a “doing business as” name or may have their own legal business entities. However, advisory services are engaged exclusively through Thrivent Advisor Network, LLC, a registered investment adviser. Keil Financial Partners and Thrivent Advisor Network, LLC are not affiliated companies. Please visit our website www.keilfp.com for important disclosures.…

Retirement Revealed

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2025’s Biggest Long-Term Care Health Insurance Update with Mike Smith 40:19

il y a environ 21 jours40:19

40:19

Insurance expert Mike Smith breaks down how long-term care health insurance options have evolved in 2025 to provide a wider variety of coverage choices in retirement. The way we think about long-term care insurance has evolved–is your retirement health plan up to date? In this episode of the Retirement Revealed podcast, I sat down with Mike Smith, an expert in insurance solutions, to discuss how long-term care insurance has changed and the different options available today. Understanding the New Landscape of Long-Term Care Insurance Traditionally, long-term care insurance covered nursing home stays, offering little to no assistance for home health care or assisted living. But as the needs of retirees have shifted, so have the policies. Today, long-term care insurance can include coverage for a range of care options, from home health services to assisted living and skilled nursing care. Beyond just the evolution of coverage, how people purchase long-term care insurance has changed as well. In the past, insurance was largely sold through captive agents representing only one company. Now, independent agents can shop across multiple providers, helping you find a policy that best suits your needs. Types of Long-Term Care Insurance One of the biggest changes in long-term care insurance is the variety of options available. Understanding these different types can help you make a better-informed decision about your financial future. Traditional Long-Term Care Insurance This is what most people think of when they hear “long-term care insurance.” It provides the most coverage for the lowest cost but comes with a downside—if you never need long-term care, you don’t get any money back. Additionally, some policyholders have experienced premium increases over time. Hybrid Life Insurance with Long-Term Care Riders This option combines life insurance with a long-term care benefit. If you need long-term care, you can draw from your policy’s death benefit to cover costs. If you never need care, your beneficiaries receive the full death benefit. While more expensive than traditional long-term care insurance, many people like the guarantee that their money will go to good use one way or another. Hybrid Annuities with Long-Term Care Benefits These annuities allow you to use tax-advantaged funds to pay for long-term care. If you never need care, the annuity remains an asset that can be passed on to heirs. For people with existing annuities that they don’t plan to use for income, this can be a smart way to reallocate funds for potential care needs. Short-Term Care Insurance Not everyone needs full long-term care coverage. Short-term care policies cover up to a year of care and can be a cost-effective way to bridge the gap before personal savings or other resources kick in. This option is particularly useful for those who may not qualify for traditional policies due to age or health conditions. Key Considerations When Choosing a Policy With so many options available, how do you choose the best one for you? Here are a few factors to keep in mind: Premium Costs vs. Benefits: Traditional policies offer the most coverage for the lowest premium but come with the risk of rising costs. Hybrid policies provide guarantees but at a higher initial cost. Elimination Periods: This is the time between when care begins and when benefits start paying. Some policies offer zero-day elimination for home health care, which can be beneficial if you need immediate assistance. Inflation Protection: Since the cost of care rises over time, an inflation rider can help ensure your policy keeps pace with future expenses. Shared Care Riders: These allow couples to share a pool of benefits, ensuring that one spouse doesn’t exhaust their coverage while the other remains unprotected. Why You Need a Long-Term Care Plan Regardless of whether you purchase insurance, having a long-term care plan is essential. Consider how you want to receive care, where you want to live, and how you will finance any needed services. Communicating your wishes with family members and legal advisors can help avoid stress down the road. Long-term care insurance is no longer a one-size-fits-all product. With various options tailored to different needs, it’s worth taking the time to explore what’s available and how it fits into your retirement strategy. If you’re considering long-term care insurance, talk with an independent advisor who can provide a comprehensive comparison of policies and help you make an informed decision. Don’t forget to leave a rating for the “Retirement Revealed” podcast if you’ve been enjoying these episodes! Subscribe to Retirement Revealed to get new episodes every Wednesday. Apple Podcasts: https://podcasts.apple.com/us/podcast/retirement-revealed/id1488769337 Spotify Podcasts: https://bit.ly/RetirementRevealedSpotify Additional Links: THIS Type of Person Should Get Long-Term Care Insurance Mike Smith, CPS Horizon – 414.427.8660, mike@cpshorizon.com Mike Smith on LinkedIn CPS Horizon Financial Connect With Jeremy Keil: Keil Financial Partners LinkedIn: Jeremy Keil Facebook: Jeremy Keil LinkedIn: Keil Financial Partners YouTube: Retirement Revealed Book an Intro Call with Jeremy’s Team Disclosures: Content Results and figures presented within the above links are hypothetical, unaudited and are intended for illustrative purposes only. Liability Keil Financial Partners assumes no liability or responsibility for any errors, omissions, or other issues with the links and their respective contents. This includes both the website content and any potential bugs, viruses or other technical threats. No Tax Advice Keil Financial Partners does not provide any tax advice. No information or results from the links should be interpreted as tax advice. Please seek guidance from a qualified tax professional for any and all tax-related matters. No Investment Advice The content and information provided through the links should not be interpreted as being investment advice or a recommendation of suitability for any particular security, portfolio of securities, transaction, or investment strategy, or related decision. Please seek assistance from a qualified investment professional for any and all investment matters. Investment Risk Investments may increase or decrease significantly. All investments are subject to risk of loss. General Disclosure Advisory Persons of Thrivent provide advisory services under a “doing business as” name or may have their own legal business entities. However, advisory services are engaged exclusively through Thrivent Advisor Network, LLC, a registered investment adviser. Keil Financial Partners and Thrivent Advisor Network, LLC are not affiliated companies. Please visit our website www.keilfp.com for important disclosures.…

Retirement Revealed

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Leave the Middle Class Mindset | Derrick Kinney 32:53

il y a environ 28 jours32:53

32:53

Author Derrick Kinney explains how to escape a middle class mindset and become a millionaire. For many, the idea of becoming a millionaire has felt like a dream instead of a goal. But what if the things that stand in your way have less to do about your life circumstances and more to do with your mindset? On this episode of Retirement Revealed , I sat down with Derrick Kinney, a financial expert and former advisor who has committed himself to helping people transition from middle class to millionaire. If you’ve ever felt like wealth is reserved for a select few, this episode is for you. The Middle-Class Struggle & The Turning Point Derrick grew up in a hardworking but financially struggling household. He noticed a pattern—many people around him worked tirelessly yet remained stuck in the same financial rut. This realization pushed him to dive into the world of finance and investing. Over time, he became a financial advisor, driven to help others like his parents achieve true financial security. He noticed something crucial: many people believe wealth-building is a secretive club where only a few have the key. But the truth is, financial success is a series of smart decisions, not a lottery. The Sweet Spot Solution: The 5-to-15-Year Window One of the most eye-opening insights Derrick shared was the concept of the Sweet Spot Solution —a critical 5-to-15-year window where people can make up for lost time and drastically improve their financial future. This is often the period when kids are finishing school, mortgages are nearing payoff, or debts are finally manageable. At this stage, people have a choice: continue spending on things they don’t need, or make intentional financial moves that can accelerate their wealth. The good news? It’s never too late to start. The Five-Step Millionaire Money Map Derrick has developed a practical, step-by-step roadmap to financial independence. Here are the key components: 1. Set Three Personal and Three Financial Goals Too many people drift through life without a clear financial destination. Setting goals provides purpose and direction. Whether it’s traveling, paying off debt, or retiring early, you need a plan to get there. 2. Understand What’s at Stake It’s not enough to just set a goal; you need to connect it to real consequences. What happens if you don’t save for retirement? Will you miss out on spending time with your grandkids? Will you struggle financially in your later years? Attaching an emotional reason to your goals makes them more powerful and easier to commit to. 3. Prioritize Needs Over Wants Impulse spending can derail financial progress. Ask yourself: Is this a necessary expense or just a fleeting desire? Small sacrifices now can lead to big rewards in the future. 4. Find an Accountability Partner Whether it’s a spouse, a friend, or a financial coach, having someone to keep you on track makes a huge difference. People are more likely to stick to their plans when they know someone will check in on their progress. 5. Play in the Gray Too many people think financial moves have to be all or nothing—either they quit their job completely or they stay stuck in a role they dislike. Instead, explore options in between. Maybe you can reduce hours, switch to part-time, or negotiate better conditions while still earning. Financial freedom doesn’t have to be an abrupt leap; it can be a strategic transition. Why Anyone Can Become a Millionaire Derrick’s website, AnyoneCanBecomeAMillionaire.com , is built on the belief that wealth-building isn’t just for the elite. With the right habits, mindset, and discipline, anyone can get there. He emphasizes that the biggest mistake people make is assuming that high earners are always wealthy. He shared a story about a couple earning $1 million a year who spent more than they made. Despite the appearance of wealth, they were financially struggling. This proves that financial freedom isn’t about how much you make—it’s about how much you keep and invest. The Retirement Transition: Reinventing, Not Retiring For many, retirement isn’t about stopping work—it’s about switching gears. Derrick himself made a major shift from being a financial advisor to focusing on coaching and public speaking. He calls it Derrick 2.0 , and it’s a concept that resonates with many pre-retirees. Instead of thinking of retirement as an end, consider it an opportunity to reinvent yourself and do work that truly excites you, without the pressures that once came with it. Financial freedom isn’t reserved for a lucky few. Regardless of where you’re at in your financial journey, my takeaway from this conversation with Derrick is that your ability to create and manage goals that affect your behaviors will pay dividends in multiple areas of your life. If a secure retirement is the end game, then the goals you set for yourself along the way will be central to your ability to attain your vision. Don’t forget to leave a rating for the “Retirement Revealed” podcast if you’ve been enjoying these episodes! Subscribe to Retirement Revealed to get new episodes every Wednesday. Apple Podcasts: https://podcasts.apple.com/us/podcast/retirement-revealed/id1488769337 Spotify Podcasts: https://bit.ly/RetirementRevealedSpotify Additional Links: AnyoneCanBecomeAMillionaire.com – Derrick Kinney’s Website Good Money Podcast – Listen to more insights from Derrick Kinney. “Good Money Revolution” Book – Get a copy of his book to dive deeper into his philosophy on money and purpose. Instagram – Derrick Kinney LinkedIn – Derrick Kinney Connect With Jeremy Keil: Keil Financial Partners LinkedIn: Jeremy Keil Facebook: Jeremy Keil LinkedIn: Keil Financial Partners YouTube: Retirement Revealed Book an Intro Call with Jeremy’s Team Disclosures: Content Results and figures presented within the above links are hypothetical, unaudited and are intended for illustrative purposes only. Liability Keil Financial Partners assumes no liability or responsibility for any errors, omissions, or other issues with the links and their respective contents. This includes both the website content and any potential bugs, viruses or other technical threats. No Tax Advice Keil Financial Partners does not provide any tax advice. No information or results from the links should be interpreted as tax advice. Please seek guidance from a qualified tax professional for any and all tax-related matters. No Investment Advice The content and information provided through the links should not be interpreted as being investment advice or a recommendation of suitability for any particular security, portfolio of securities, transaction, or investment strategy, or related decision. Please seek assistance from a qualified investment professional for any and all investment matters. Investment Risk Investments may increase or decrease significantly. All investments are subject to risk of loss. General Disclosure Advisory Persons of Thrivent provide advisory services under a “doing business as” name or may have their own legal business entities. However, advisory services are engaged exclusively through Thrivent Advisor Network, LLC, a registered investment adviser. Keil Financial Partners and Thrivent Advisor Network, LLC are not affiliated companies. Please visit our website www.keilfp.com for important disclosures.…

Retirement Revealed

1
How to Retire and Be Reasonably Happy with Paul Ollinger 26:39

il y a 5 weeks26:39

26:39

Author and stand-up comedian Paul Ollinger shares how seeking a reasonably happy retirement makes for a greater sense of satisfaction. From growing up in a Depression-era mindset to retiring early to becoming an author and full-time comedian, Paul Ollinger’s story is quite a journey. On this week’s episode of “Retirement Revealed,” Paul joins the show with a different perspective than you might expect from someone with such a unique journey. Paul’s perspective on money, happiness, and retirement is refreshing, and his insights can help all of us think differently about what it means to retire well. The Myth of “Ultimate Happiness” Paul believes that happiness isn’t about achieving a perfect 10 out of 10 on the satisfaction scale. Instead, he argues that being “reasonably happy”—consistently at a seven or eight—is a more realistic and sustainable goal. Many people chase an elusive idea of ultimate happiness, only to find themselves disappointed when they don’t reach it. The key, according to Paul, is to accept the ups and downs of life and focus on what truly brings fulfillment. The Connection Between Money and Happiness Paul’s background in the corporate world—where he experienced significant financial success—gives him a unique perspective on money’s role in happiness. He shares that the richest he ever felt wasn’t when he had millions in his bank account, but when he paid off his student loans. That moment of financial autonomy gave him a sense of security and control that even large sums of money couldn’t replicate. His takeaway? Money can relieve stress and provide stability, but beyond a certain point, it doesn’t necessarily bring more happiness. What matters most is using money wisely to support a lifestyle that aligns with your values and priorities. Do You Have “Enough”? One of the most powerful concepts Paul discusses is the idea of “enough.” In a society that constantly encourages us to want more, it can be difficult to determine when we truly have enough. Paul suggests taking a close look at your financial situation and lifestyle to decide what is necessary for your happiness and security. For many retirees, the biggest financial question is, “How do I know I have enough?” The answer isn’t just about numbers; it’s about defining your ideal lifestyle and ensuring your financial resources align with it. Whether it’s travel, hobbies, or spending time with loved ones, having a clear vision of what you want in retirement can help you feel secure in your financial choices. Giving Yourself Permission to Enjoy Retirement Many people, especially those who grew up with financial insecurity, struggle to spend money even when they can afford to. Paul shared the example of his father, who saved diligently but could have used some of that money to create more meaningful experiences with his family. This highlights an important lesson: once you’ve determined you have enough, it’s okay to enjoy it. Whether it’s traveling, taking up new hobbies, or simply spending more time with loved ones, retirees should feel empowered to use their money in ways that bring joy and fulfillment. After all, what’s the point of saving if you never allow yourself to benefit from it? Redefining Retirement: A Time for Reinvention Paul doesn’t consider himself retired in the traditional sense. Instead, he sees retirement as an opportunity to work on his own terms—pursuing passions like stand-up comedy, writing, and podcasting. He emphasizes that retirement isn’t about stopping work altogether; it’s about shifting focus to what truly excites and engages you. Many retirees struggle with identity loss after leaving their careers. Paul’s advice? Think of retirement as a blank slate where you can reinvent yourself. Whether it’s learning a new skill, volunteering, or pursuing a long-held passion, having a sense of purpose can make retirement more fulfilling. Plan for Purpose, Not Just Finances Financial planning is essential for a secure retirement, but emotional and psychological planning are just as important. Paul suggests asking yourself: What do I want to get better at over the next 5-10 years? How do I want to spend my days? Who do I want to spend my time with? Answering these questions can help retirees create a meaningful and engaging lifestyle that extends far beyond financial concerns. The Bottom Line Paul Ollinger’s insights remind us that retirement isn’t just about financial security—it’s about finding purpose, staying engaged, and being “reasonably happy.” By focusing on what truly matters, defining what “enough” means to you, and giving yourself permission to enjoy your wealth, you can create a retirement that is both fulfilling and financially stable. Don’t forget to leave a rating for the “Retirement Revealed” podcast if you’ve been enjoying these episodes! Subscribe to Retirement Revealed to get new episodes every Wednesday. Apple Podcasts: https://podcasts.apple.com/us/podcast/retirement-revealed/id1488769337 Spotify Podcasts: https://bit.ly/RetirementRevealedSpotify Additional Links: Paul Ollinger on SubStack “Reasonably Happy” by Paul Ollinger “Reasonably Happy” podcast Connect With Jeremy Keil: Keil Financial Partners LinkedIn: Jeremy Keil Facebook: Jeremy Keil LinkedIn: Keil Financial Partners YouTube: Retirement Revealed Book an Intro Call with Jeremy’s Team Disclosures: Content Results and figures presented within the above links are hypothetical, unaudited and are intended for illustrative purposes only. Liability Keil Financial Partners assumes no liability or responsibility for any errors, omissions, or other issues with the links and their respective contents. This includes both the website content and any potential bugs, viruses or other technical threats. No Tax Advice Keil Financial Partners does not provide any tax advice. No information or results from the links should be interpreted as tax advice. Please seek guidance from a qualified tax professional for any and all tax-related matters. No Investment Advice The content and information provided through the links should not be interpreted as being investment advice or a recommendation of suitability for any particular security, portfolio of securities, transaction, or investment strategy, or related decision. Please seek assistance from a qualified investment professional for any and all investment matters. Investment Risk Investments may increase or decrease significantly. All investments are subject to risk of loss. General Disclosure Advisory Persons of Thrivent provide advisory services under a “doing business as” name or may have their own legal business entities. However, advisory services are engaged exclusively through Thrivent Advisor Network, LLC, a registered investment adviser. Keil Financial Partners and Thrivent Advisor Network, LLC are not affiliated companies. Please visit our website www.keilfp.com for important disclosures.…

Retirement Revealed

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How to Teach Your Grandchildren About Money with Jamie Bosse 21:14

il y a 6 weeks21:14

21:14

Children’s book author and CERTIFIED FINANCIAL PLANNER ® Jamie Bosse explains how to teach your grandchildren about money. When it comes to teaching kids about money, we often struggle to find the right words, the right methods, and the right time to start. But what if I told you that a cartoon dog could help? In this episode of Retirement Revealed , I had the pleasure of chatting with Jamie Bosse, CERTIFIED FINANCIAL PLANNER ® and children’s book author, about how to teach your grandkids the essential financial skills they need for a lifetime of healthy money habits. The Journey to Financial Education Jamie’s path to financial planning wasn’t the most conventional. She initially planned on becoming an elementary school teacher. But during her sophomore year in college, her parents filed for bankruptcy. That life-altering event sparked her curiosity about personal finance, leading her to take financial planning courses. What started as a quest for personal knowledge turned into a career dedicated to helping others avoid financial pitfalls. Fast forward to today, and Jamie is not only a seasoned financial planner, but also the author of four children’s books about money, featuring Milton the Money Savvy Pup. Why Teach Kids About Money? Jamie’s inspiration for writing children’s books came from her own parenting experience. Like many of us, she realized that kids often don’t understand where money comes from or how it works. One day, while shopping with her five-year-old son, she told him a toy wasn’t in their spending plan. His response? “Just buy it on Amazon.” That moment made her realize she needed to take a more active role in teaching her kids about money. Through her books, Jamie introduces kids to core financial principles in a fun, engaging way. Her stories emphasize concepts such as: Earning money by working Saving up for things you want Dividing money into Give, Save, and Spend categories Practicing gratitude to develop healthy financial habits The Challenge of Invisible Money Jamie explained one of the challenges kids experience in a way that I hadn’t considered before. Money, she explains, has become largely invisible. Kids see us swiping credit cards, using mobile payment apps, or clicking a button to buy things online. Unlike in previous generations, where cash was king, today’s children rarely handle physical money. The result is that kids nowadays tend to struggle to grasp the value of money because they never physically interact with it. To combat this, Jamie and I discussed ways to make money real for kids, such as: Using physical cash whenever possible to demonstrate transactions Encouraging kids to use cash to make small purchases Setting up bank accounts for older children to teach digital money management Creating opportunities for kids to earn money, rather than just receiving it as gifts Lessons for Parents and Grandparents One of the most common concerns from parents and grandparents is that they don’t feel qualified to teach financial literacy. They worry that their own financial mistakes disqualify them from being good role models. But Jamie reassures us that you don’t need to be a financial expert—you just need to be willing to have conversations. For grandparents, in particular, she suggests: Using positive language about money – Instead of saying, “We can’t afford that,” say, “That’s not in our spending plan today.” Modeling good financial behavior – If you’re saving up for a big family trip, explain the process to your grandkids. Encouraging kids to make spending decisions – Let them make their own purchases and discuss later whether they were happy with their choices. Helping kids understand trade-offs – If they want an expensive item, show them how to save up for it instead of buying it for them outright. Teaching kids about money doesn’t have to be overwhelming. The key is to start early, be consistent, and create real-world experiences that help them understand the value of money. Whether it’s using cash, setting up a bank account, or letting them make (and learn from) their own financial mistakes, every effort counts. Don’t forget to leave a rating for the “Retirement Revealed” podcast if you’ve been enjoying these episodes! Subscribe to Retirement Revealed to get new episodes every Wednesday. Apple Podcasts: https://podcasts.apple.com/us/podcast/retirement-revealed/id1488769337 Spotify Podcasts: https://bit.ly/RetirementRevealedSpotify Additional Links: Jamie Bosse on LinkedIn: https://www.linkedin.com/in/jamiebosse/ www.cgnadvisors.com Jamie Bosse on Instagram: https://www.instagram.com/moneybossmom/ Jamie Bosse on Facebook: https://www.facebook.com/moneybossmom/ Milton The Money Savvy Pup book series: www.miltonthemoneysavvypup.com Connect With Jeremy Keil: Keil Financial Partners LinkedIn: Jeremy Keil Facebook: Jeremy Keil LinkedIn: Keil Financial Partners YouTube: Retirement Revealed Book an Intro Call with Jeremy’s Team Disclosures: Content Results and figures presented within the above links are hypothetical, unaudited and are intended for illustrative purposes only. Liability Keil Financial Partners assumes no liability or responsibility for any errors, omissions, or other issues with the links and their respective contents. This includes both the website content and any potential bugs, viruses or other technical threats. No Tax Advice Keil Financial Partners does not provide any tax advice. No information or results from the links should be interpreted as tax advice. Please seek guidance from a qualified tax professional for any and all tax-related matters. No Investment Advice The content and information provided through the links should not be interpreted as being investment advice or a recommendation of suitability for any particular security, portfolio of securities, transaction, or investment strategy, or related decision. Please seek assistance from a qualified investment professional for any and all investment matters. Investment Risk Investments may increase or decrease significantly. All investments are subject to risk of loss. General Disclosure Advisory Persons of Thrivent provide advisory services under a “doing business as” name or may have their own legal business entities. However, advisory services are engaged exclusively through Thrivent Advisor Network, LLC, a registered investment adviser. Keil Financial Partners and Thrivent Advisor Network, LLC are not affiliated companies. Please visit our website www.keilfp.com for important disclosures.…

Retirement Revealed

1
How Middle-Income Retirees Are Winning at Retirement with Jean Chatzky 28:37

il y a 7 weeks28:37

28:37

Jean Chatzky explores how retirement trends indicate that the middle class is winning at retirement and shares practical tips to prepare for retirement in 2025. We could all use some good news when it comes to retirement, and my guest on this week’s episode of Retirement Revealed brings us exactly that. I sat down with Jean Chatzky, the founder and CEO of HerMoney.com and former columnist and contributor Forbes, Smart Money and the Today Show to discuss real-life retirement journeys, the evolving landscape of retirement savings, and the findings of a recent study from Principal Financial Group. Plus–how is Gen Z teaching a retirement lesson that every generation before them can learn from? Women and Retirement: A Unique Challenge Jean Chatzky has spent her career focusing on financial education, especially for women. As the founder of HerMoney , she has dedicated her efforts to bridging the knowledge gap for women, who often face distinct financial challenges. “Women earn less over their lifetimes, take career breaks to care for family, and then end up living longer than men,” Jean explained. “That means they have to stretch fewer resources over a longer retirement.” She emphasized the importance of creating spaces where women feel comfortable discussing financial matters, whether through her HerMoney podcast, financial wellness programs, or online communities. The State of Retirement Savings: Encouraging News One of the highlights of our conversation was the recent Real Life Retirement Journey study conducted by Principal Financial Group. Unlike the usual gloomy headlines about Americans being unprepared for retirement, the study found that middle-income households—those earning between $50,000 and $100,000 annually—are actually doing quite well. “Nearly 80% of middle-income earners are saving close to 8% of what they earn,” Jean noted. “And that’s before employer matches.” While financial advisors like myself often recommend a 15% savings rate, including employer contributions, the fact that many people are already close to this number is a positive sign. As Jean pointed out, automatic enrollment and contribution escalation in 401(k) plans have played a big role in making savings a more consistent habit for workers. Younger Generations Are Ahead of the Curve Another surprising takeaway from the study was how well Generation Z is doing when it comes to retirement savings. Unlike previous generations, many Gen Z workers are starting to save for retirement a full decade earlier than their parents and grandparents did. “Gen Z is wiping the floor with everyone else when it comes to retirement savings,” Jean said. “They’re taking advantage of tools like automatic enrollment and are much more focused on long-term financial security.” This is a significant shift, as younger generations seem to have learned from the financial mistakes of their predecessors. Seeing their parents struggle with financial uncertainty has likely motivated them to start saving early and take retirement planning seriously. The Fear of Running Out of Money A major concern for retirees is making sure they don’t outlive their savings. Jean and I discussed the psychological shift required when moving from saving for retirement to actually spending those savings. “There’s a fear around taking money out,” Jean explained. “We’ve been conditioned to save, save, save, and then suddenly, in retirement, we’re expected to reverse-engineer the whole process.” Many retirees hesitate to withdraw funds, even when they have more than enough. Jean highlighted research from financial experts David Blanchett and Michael Finke, which found that retirees with a pension—or another guaranteed source of income—tend to spend nearly twice as much as those relying solely on savings. The predictability of a monthly paycheck makes a significant difference in retirees’ willingness to spend. Delaying Social Security: The Best Retirement Decision You Can Make One of the biggest takeaways from our discussion was the importance of waiting to claim Social Security benefits. “Delaying Social Security is one of the smartest financial moves you can make,” Jean said. “For every year you wait beyond full retirement age, your benefit increases by about 8%—and that’s a guaranteed return you won’t find anywhere else.” She also pointed out that many retirees who are unsure about their financial situation could benefit from working a little longer. Whether it’s full-time or part-time work, extending your career by just a few years can provide additional financial security and reduce the number of years you’ll need to rely solely on savings. The Rise of Phased Retirement For those who aren’t ready to stop working completely, phased retirement is becoming an increasingly popular option. Many retirees are choosing to work part-time or pursue passion projects rather than making a sudden transition to full retirement. “Working in some capacity keeps you engaged, helps with financial security, and provides a sense of purpose,” Jean said. “It also allows retirees to delay claiming Social Security, which ultimately increases their benefit.” Final Thoughts Retirement is changing, and the news isn’t all bad. Middle-income earners are saving at higher rates, younger generations are getting a head start, and strategies like delayed Social Security and phased retirement are making retirement more sustainable for many. As Jean put it, “The time to stop working is when you have enough or when you’ve had enough.” If you’re preparing for retirement, the key takeaways are clear: start saving as early as possible, take advantage of employer matches, consider delaying Social Security, and think about phased retirement as an option. With the right planning and mindset, retirement can be everything you envision—and maybe even better. Don’t forget to leave a rating for the “Retirement Revealed” podcast if you’ve been enjoying these episodes! Subscribe to Retirement Revealed to get new episodes every Wednesday. Apple Podcasts: https://podcasts.apple.com/us/podcast/retirement-revealed/id1488769337 Spotify Podcasts: https://bit.ly/RetirementRevealedSpotify Additional Links: LinkedIn – Jean Chatzky HerMoney.com Principal ® Real Life Retirement Survey 2024 New Principal® Survey Finds Middle-Income Households Are Exceeding Their Retirement Savings Expectations Books by Jean Chatzky License to Spend Podcast with David Blanchett “Is Your Retirement Facing a Midlife Crisis? With David Blanchett” Retirement Revealed Podcast Connect With Jeremy Keil: Keil Financial Partners LinkedIn: Jeremy Keil Facebook: Jeremy Keil LinkedIn: Keil Financial Partners YouTube: Retirement Revealed Book an Intro Call with Jeremy’s Team Disclosures: Content Results and figures presented within the above links are hypothetical, unaudited and are intended for illustrative purposes only. Liability Keil Financial Partners assumes no liability or responsibility for any errors, omissions, or other issues with the links and their respective contents. This includes both the website content and any potential bugs, viruses or other technical threats. No Tax Advice Keil Financial Partners does not provide any tax advice. No information or results from the links should be interpreted as tax advice. Please seek guidance from a qualified tax professional for any and all tax-related matters. No Investment Advice The content and information provided through the links should not be interpreted as being investment advice or a recommendation of suitability for any particular security, portfolio of securities, transaction, or investment strategy, or related decision. Please seek assistance from a qualified investment professional for any and all investment matters. Investment Risk Investments may increase or decrease significantly. All investments are subject to risk of loss. General Disclosure Advisory Persons of Thrivent provide advisory services under a “doing business as” name or may have their own legal business entities. However, advisory services are engaged exclusively through Thrivent Advisor Network, LLC, a registered investment adviser. Keil Financial Partners and Thrivent Advisor Network, LLC are not affiliated companies. Please visit our website www.keilfp.com for important disclosures.…

Retirement Revealed

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Retirement Planning for Police and Fire with Kimberly Stratman 30:01

il y a 8 weeks30:01

30:01

Exploring the unique challenges and needs of first responders in retirement with retirement coach and former police lieutenant Kimberly Stratman. When we need them most, first responders rise to answer the call. But what is waiting for them on the other side of the finish line once their career is over? It’s a unique challenge, and one that deserves special attention. I recently had the privilege of speaking with Kimberly Stratman, a retired police lieutenant with over 30 years of experience, about her insights into this crucial transition. Kimberly’s perspective, as a former officer, and the daughter, sister, mother, and wife of police officers, is truly invaluable. The Realities of First Responder Life (and How it Impacts Retirement) Kimberly’s career with the Dallas Police Department, culminating in 20 years as a lieutenant, gave her a front-row seat to the realities of first responder life. She described the double-edged sword of promotion, how it distanced her from the street patrol work she loved, while simultaneously opening doors to teaching and sharing her knowledge. But beyond the daily grind, Kimberly shed light on the less glamorous aspects of the profession – the paperwork, the emotional toll, and the impact on personal lives. As she aptly put it, “Everything that makes us good to write about and makes for good viewing destroys marriages and careers.” The constant stress, lack of sleep, rotating schedules, and exposure to trauma take a heavy toll, often leading to physical and mental health challenges. And, as Kimberly pointed out, “Up until just recently, we were supposed to handle all of that privately. We weren’t even allowed to acknowledge that we were having any problems, or they would take your badge from you.” The Unique Challenges of First Responder Retirement While anyone can struggle with retirement, first responders face a unique set of challenges. They often retire younger, leaving them with potentially decades of life to navigate. They carry the weight of their experiences, both emotionally and physically. And, as Kimberly emphasized, “First responders tend to drop dead a couple of years after retirement.” This stark reality underscores the importance of proactive planning and self-care. The loss of identity is another significant hurdle. Kimberly shared her own experience of turning in her uniform, a surprisingly emotional moment that symbolized the end of an era. “When I turned my uniform in, it took me three times to… get it all together… And then when I took the last stuff in, I actually cried when I was driving away. It was very hard.” This powerful anecdote highlights the deep connection between identity and career for first responders. Planning for a Successful Transition: More Than Just Finances Kimberly stressed that while financial planning is essential, it’s just one piece of the puzzle. “Our time and our health, I would have to say, is even more important than the money.” She emphasized the need for intentionality, both in career and retirement planning. “If you’re very intentional about it, if you have a plan for it… it’s just like everybody’s worried about the money and that’s important… But our time and our health… is even more important.” She also highlighted the importance of addressing health issues proactively. “Know your numbers, be brutally honest with yourself… if you can’t go out and do normal stuff… start addressing that.” And, perhaps most importantly, she emphasized the crucial role of relationships. “You have to know if your marriage is strong… Work with your relationship with your children… The first responder hasn’t been at any of the events… and so the retiree thinks, when I retire, I’m going to spend all this time with my kids. Well, the kids have moved on.” The Importance of Early Planning and Flexibility Kimberly’s perspective on retirement planning has evolved over time. She now believes that conversations about retirement should begin much earlier in a first responder’s career. “Why live a certain way and accumulate all this damage… and then say, oh, wait a minute, you’re going to retire in a couple of years? Let’s fix it all?” She advocates for building a good life now that will naturally flow into a fulfilling retirement. Flexibility is also key. “You’ve got to be flexible and you really need to know who you are. So when opportunities present themselves, you can take them. So don’t be rigid.” This is especially important for first responders, who are often trained to be highly structured and rule-oriented. Key Steps for a Successful First Responder Retirement Kimberly offered some invaluable advice for those planning their retirement: Financial Planning: Work with a financial advisor to ensure you’re prepared for the financial realities of retirement. Health Assessment: Be honest about your health and address any issues proactively. Relationship Building: Nurture your relationships with your spouse and children. These three areas form the foundation for a fulfilling retirement. As Kimberly eloquently stated, “You triage the situation, triage yourself about your money, your health and your relationships and start working on it.” After a career of service and intense devotion to the community, retirement should be a celebration of a job well done. Don’t resign yourself to a retirement that lacks the motivation or purpose you felt during your career–embrace this new chapter and learn to bring meaning into your retirement. Don’t forget to leave a rating for the “Retirement Revealed” podcast if you’ve been enjoying these episodes! Subscribe to Retirement Revealed to get new episodes every Wednesday. Apple Podcasts: https://podcasts.apple.com/us/podcast/retirement-revealed/id1488769337 Spotify Podcasts: https://bit.ly/RetirementRevealedSpotify Additional Links: Contact Kimberly https://www.hopeplacetx.com/kimberly-stratman To The Point Coaching for First Responder Retirement: https://tothepointcoach.org/ LinkedIn: https://www.linkedin.com/in/kimberly-stratman-9326a9242/ Email: retirestrat6138@gmail.com Connect With Jeremy Keil: Keil Financial Partners LinkedIn: Jeremy Keil Facebook: Jeremy Keil LinkedIn: Keil Financial Partners YouTube: Retirement Revealed Book an Intro Call with Jeremy’s Team Disclosures: Content Results and figures presented within the above links are hypothetical, unaudited and are intended for illustrative purposes only. Liability Keil Financial Partners assumes no liability or responsibility for any errors, omissions, or other issues with the links and their respective contents. This includes both the website content and any potential bugs, viruses or other technical threats. No Tax Advice Keil Financial Partners does not provide any tax advice. No information or results from the links should be interpreted as tax advice. Please seek guidance from a qualified tax professional for any and all tax-related matters. No Investment Advice The content and information provided through the links should not be interpreted as being investment advice or a recommendation of suitability for any particular security, portfolio of securities, transaction, or investment strategy, or related decision. Please seek assistance from a qualified investment professional for any and all investment matters. Investment Risk Investments may increase or decrease significantly. All investments are subject to risk of loss. General Disclosure Advisory Persons of Thrivent provide advisory services under a “doing business as” name or may have their own legal business entities. However, advisory services are engaged exclusively through Thrivent Advisor Network, LLC, a registered investment adviser. Keil Financial Partners and Thrivent Advisor Network, LLC are not affiliated companies. Please visit our website www.keilfp.com for important disclosures.…

Retirement Revealed

1
The Wisdom of Regret with Lori Emerick 31:27

il y a 9 weeks31:27

31:27

Learn how to turn regrets into motivation to build a better retirement with guest Lori Emerick of Aspen Group Consulting. Wouldn’t it be nice to live life without regret? Some say they’ve achieved it, but my guest on this week’s episode of “Retirement Revealed” explains how you can use your regrets to develop a more meaningful course of action as you prepare for retirement. Lori Emerick of Aspen Group Consulting, specializes in leadership coaching and retirement lifestyle design. Her work in understanding how to leave a legacy and use regret as fuel is worth your exploration, so stick around and learn how to apply this to your retirement! Understanding the “Lifequake” – It’s More Common Than You Think Many life transitions, including retirement, can trigger what’s known as a “lifequake.” As Lori explained, borrowing from Robert Fowler’s work, this describes a period when multiple significant life events converge, often leading to feelings of instability and uncertainty. These events can include leaving a long-term career, becoming an empty nester, dealing with the health challenges of loved ones – sound familiar? It’s important to recognize that these feelings are normal, shared by many, and a natural part of major life changes. Understanding this is the first step toward navigating them. The Power of Regret – A Surprising Ally Regret often carries a negative connotation. We tend to see it as something to avoid. But as Lori and I discussed, regret can be a powerful catalyst for self-discovery. It can shine a light on what truly matters to us and illuminate the paths we wish we had taken. Instead of dwelling on the past, we can use regret as a guide for shaping our future. By examining our regrets, we can identify our core values and make conscious choices that align with them. It’s about turning a potentially negative emotion into a positive force for change. Reframing Regret for Your Retirement Retirement offers a unique opportunity to address past regrets and create a new chapter filled with purpose and joy. It’s a chance to ask yourself some tough questions: “What do I want my legacy to be?” and “What concrete steps can I take now to create the retirement I truly desire?” This might involve pursuing long-held passions, strengthening relationships, or contributing to our communities. It’s about redefining what retirement means to you personally. Practicing Retirement One of the most effective ways to avoid future regrets is to “practice” retirement before it officially begins. This is something I strongly encourage all my clients to do. It involves gradually incorporating activities and interests that bring you joy and fulfillment into your current life. It could be as simple as taking a long weekend to explore a new hobby, joining a local club related to a passion, or even volunteering. Think of it as a trial run for your ideal retirement lifestyle. Creating a “Curiosity List” – Ditch the Bucket List Pressure A “curiosity list” differs from a traditional “bucket list” in its approach. As Lori pointed out, instead of focusing on grand, long-term goals, a curiosity list is a collection of smaller, more accessible activities that pique your interest. It’s a place to jot down anything that sparks your curiosity, without any pressure or commitment. This allows you to explore different avenues and discover new passions without feeling overwhelmed. It’s a low-pressure way to discover what you truly enjoy. Three Steps to Turn Regret into Action – Practical Advice You Can Use Lori outlined three key steps for transforming regret into positive action, which I found particularly helpful: Reflect with Compassion: This involves honestly assessing your past experiences, both positive and negative, without judgment . It’s about understanding the reasons behind your choices and treating yourself with kindness and understanding. This is crucial. Identify Themes and Patterns: Once you’ve reflected on your experiences, begin to identify recurring themes and patterns. This helps you understand the underlying values that are driving your regrets and what truly matters to you at your core. Set Intentions and Take Action: The final step is to translate your reflections and insights into concrete actions. This involves setting clear intentions for the future and creating a plan to achieve them. Finding an accountability partner can be invaluable in this process. As we often hear from the guests on “Retirement Revealed,” retirement is not an end, but a new beginning. By acknowledging and addressing our regrets, we can create a retirement that is not only fulfilling but also deeply meaningful. It’s an opportunity to live with intention, pursue our passions, and create a legacy we are proud of. Don’t forget to leave a rating for the “Retirement Revealed” podcast if you’ve been enjoying these episodes! Subscribe to Retirement Revealed to get new episodes every Wednesday. Apple Podcasts: https://podcasts.apple.com/us/podcast/retirement-revealed/id1488769337 Spotify Podcasts: https://bit.ly/RetirementRevealedSpotify Additional Links: Aspen Group Consulting Contact Lori Emerick: lori.emerick@aspengroupconsulting.com Lori Emerick on LinkedIn PERMA Model – PositivePsychology.com Connect With Jeremy Keil: Keil Financial Partners LinkedIn: Jeremy Keil Facebook: Jeremy Keil LinkedIn: Keil Financial Partners YouTube: Retirement Revealed Book an Intro Call with Jeremy’s Team Disclosures: Content Results and figures presented within the above links are hypothetical, unaudited and are intended for illustrative purposes only. Liability Keil Financial Partners assumes no liability or responsibility for any errors, omissions, or other issues with the links and their respective contents. This includes both the website content and any potential bugs, viruses or other technical threats. No Tax Advice Keil Financial Partners does not provide any tax advice. No information or results from the links should be interpreted as tax advice. Please seek guidance from a qualified tax professional for any and all tax-related matters. No Investment Advice The content and information provided through the links should not be interpreted as being investment advice or a recommendation of suitability for any particular security, portfolio of securities, transaction, or investment strategy, or related decision. Please seek assistance from a qualified investment professional for any and all investment matters. Investment Risk Investments may increase or decrease significantly. All investments are subject to risk of loss. General Disclosure Advisory Persons of Thrivent provide advisory services under a “doing business as” name or may have their own legal business entities. However, advisory services are engaged exclusively through Thrivent Advisor Network, LLC, a registered investment adviser. Keil Financial Partners and Thrivent Advisor Network, LLC are not affiliated companies. Please visit our website www.keilfp.com for important disclosures.…

Retirement Revealed

1
Retirement Life After Public Service – Dream or Nightmare!?! 29:27

il y a 10 weeks29:27

29:27

Learn how to find meaning and purpose in retirement after a life in public service with retired librarian and current retirement coach Susan Hawk Schneider. For most, retirement is a release from the necessity of a job that paid your way through the life you and your family desired. For people who dedicated their working lives to jobs in public service, retirement can be a little more complicated. On this episode of Retirement Revealed , I had the pleasure of speaking with Susan Schneider, who dedicated 41 years to public service at the Department of Health and Human Services. Susan’s experience ranged from being a medical librarian at the National Library of Medicine to working in organizational development and coaching. Like many others retiring from civic roles, her journey to retirement brought unexpected twists. Reflecting on her transition, Susan shared, “I thought coaching would be easier than it actually was for me,” highlighting the challenges she encountered while pursuing new passions. Her story underscores the importance of preparation and flexibility when moving into retirement. Envisioning Retirement and Reality While still working, Susan had a vision for her retirement: coaching new supervisors in the federal system and conducting workshops. However, as she noted, “Some things came about through serendipity.” One unexpected opportunity was joining the Retirement Coaches Association, which connected her with like-minded individuals, including myself. Beyond coaching, Susan recognized the importance of maintaining social connections, an essential factor for well-being in retirement. She consciously built new social networks through art classes, where she developed a love for collage and multimedia art. The Power of Collage in Retirement Coaching Susan’s artistic pursuits led her to discover Andrea Watts of “Unglued You,” who uses collage as a creative coaching technique. Susan found this approach incredibly meaningful, saying, “Images are so powerful—they help envision life after retirement in ways words alone cannot.” The process involves selecting images from various magazines, assembling them into a collage, and interpreting the themes that emerge. This exercise taps into the subconscious and helps retirees visualize their post-work life creatively. Practical Tips for a Fulfilling Retirement Here are some takeaways from Susan’s journey: Pursue New Passions: Retirement is the perfect time to explore interests you may have put aside during your working years. Build Social Networks: Consciously develop connections outside of your former workplace to maintain a sense of community. Use Creative Tools: Techniques like collage can help visualize and plan your retirement life in meaningful ways. Seek Professional Guidance: Collaborating with a financial planner and a retirement coach can help balance the practical and visionary aspects of retirement. Susan’s journey reminds us that retirement is not just about financial planning—it’s about envisioning a fulfilling and meaningful life. Whether it’s through art, coaching, or building new social connections, there’s no “one-size-fits-all” approach. What matters is finding joy and purpose in this new chapter. If you’re curious about discovering what your retirement could look like, perhaps it’s time to start ripping pages from magazines and let your imagination guide you! Don’t forget to leave a rating for the “Retirement Revealed” podcast if you’ve been enjoying these episodes! Subscribe to Retirement Revealed to get new episodes every Wednesday. Apple Podcasts: https://podcasts.apple.com/us/podcast/retirement-revealed/id1488769337 Spotify Podcasts: https://bit.ly/RetirementRevealedSpotify Additional Links: LinkedIn – Susan Schneider Anhinga Coaching – Susan Hawk Schneider UnglueYou.com – Andrea Watts Collage as a Creative Coaching Tool – by Andrea Watts Connect With Jeremy Keil: Keil Financial Partners LinkedIn: Jeremy Keil Facebook: Jeremy Keil LinkedIn: Keil Financial Partners YouTube: Retirement Revealed Book an Intro Call with Jeremy’s Team Disclosures: Content Results and figures presented within the above links are hypothetical, unaudited and are intended for illustrative purposes only. Liability Keil Financial Partners assumes no liability or responsibility for any errors, omissions, or other issues with the links and their respective contents. This includes both the website content and any potential bugs, viruses or other technical threats. No Tax Advice Keil Financial Partners does not provide any tax advice. No information or results from the links should be interpreted as tax advice. Please seek guidance from a qualified tax professional for any and all tax-related matters. No Investment Advice The content and information provided through the links should not be interpreted as being investment advice or a recommendation of suitability for any particular security, portfolio of securities, transaction, or investment strategy, or related decision. Please seek assistance from a qualified investment professional for any and all investment matters. Investment Risk Investments may increase or decrease significantly. All investments are subject to risk of loss. General Disclosure Advisory Persons of Thrivent provide advisory services under a “doing business as” name or may have their own legal business entities. However, advisory services are engaged exclusively through Thrivent Advisor Network, LLC, a registered investment adviser. Keil Financial Partners and Thrivent Advisor Network, LLC are not affiliated companies. Please visit our website www.keilfp.com for important disclosures.…

Retirement Revealed

1
The Hidden Risks and Rewards of Retirement with Karen Carr 24:13

il y a 11 weeks24:13

24:13

Discover the power of viewing retirement as a rebirth instead of an ending with retirement coach Karen Carr.

Retirement Revealed

1
Investing in 2025: Sensible Market Strategies with Joseph Hogue 30:46

il y a 12 weeks30:46

30:46

Unlocking the power of relationships to enrich your retirement and reap the health & wealth benefits of social fitness with Susan Hogan.

Retirement Revealed

1
Curing Retirement Loneliness: How to Stay Connected and Thrive 35:57

il y a 13 weeks35:57

35:57

Unlocking the power of relationships to enrich your retirement and reap the health & wealth benefits of social fitness with Susan Hogan.

Retirement Revealed

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Finding Freedom: A Childfree Approach to Wealth and Retirement 32:47

il y a 14 weeks32:47

32:47

Author and CEO of Childfree Wealth® Dr. Jay Zigmont explains the unique financial planning needs and strategies used in childfree wealth management.

Retirement Revealed

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Don’t Find Your Purpose–Create It! 33:16

il y a 15 weeks33:16