Joe Murphy discusses the psychological phases of retirement, as described by author Riley Moynes.

Joe Murphy discusses the psychological phases of retirement, as described by author Riley Moynes. The four phases are: the vacation phase, the feeling lost phase, the trial and error phase, and the reinvent and rewire phase. The hosts emphasize the importance of planning for retirement, both financially and psychologically, to ensure a smooth transition and a fulfilling retirement. They also discuss the need for purpose and a sense of belonging in retirement, as well as the importance of health and maintaining a routine. The conversation concludes with a reminder to start planning for retirement as early as possible. Joe highlights the significance of tax efficiency and the role of a financial advisor in helping clients navigate the complexities of the tax code. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. The Four Phases of Retirement: What to Expect When You're Retiring by Riley Moynes. Riley Moynes Ted Talk mentioned in the show.See omnystudio.com/listener for privacy information.