Setting Retirement Goals: The Paradox of Knowing What You Want

💬 Show NotesIn this episode, Roger Whitney kicks off a four-week series on retirement goal setting, tackling the paradox of knowing what you want in retirement. He discusses the challenges of articulating desires for a life stage that many have never experienced, emphasizing the importance of not oversimplifying retirement goals. Tune in to explore how to set the right conditions for a fulfilling retirement and avoid the pitfalls of external scripts and societal expectations.OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MANPRACTICAL PLANNING(01:32) We are starting a four week series on retirement goal setting.(02:44) Why “What do you want to spend in retirement?” isn’t the right question.(05:54) Next week, we'll talk about how to be more nuanced when setting retirement goals.(09:40) The problem with following other people’s scripts(13:14) The problem of getting too detailedLISTENER QUESTIONS(16:36) Am I required to keep an Inherited IRA separate from my other IRA's or can it be combined with an existing IRA for simplicity?(19:11) Richard wants to noodle on the retirement distribution order.(23:40) I’m 3-5 years from retirement. Is now the right time to join Rock Retirement Club?(26:29) Estate preparation hint from Jane on the three passwords a family needsSMART SPRINT(28:19) In the next seven days, revisit your retirement goals.EXTRA(29:11) Shauna and I are celebrating our 35th wedding anniversary this week!REFERENCESSubmit a Question for RogerSign up for The NoodleFOLLOW US ON SOCIALSFollow Us on Facebook!Follow Us on Instagram