The Challenges of Retiring from a High-Powered Job, Ep #336

Is it possible to suddenly step away from a high-powered job and into a life of leisure? This may not be the best idea for your retirement if you work at the executive level.  In this episode of Retirement Starts Today, we'll explore an article from Harvard Business Review that outlines several pitfalls that could come with retiring from a high-powered job and insights on how to navigate them.  Stick around for the listener question segment to hear the best ways to give money to your adult children while you are still living rather than waiting until you pass away to leave an inheritance.  Outline of This Episode [1:42] Advice for a CEO about to retire [3:36] Areas to think about when making the retirement transition [12:54] Advice on giving money to adult children while you're still living Resources & People Mentioned The Retirement Podcast Network Harvard Business Review article Episode 295 - How Could This Go Horribly Wrong? Lessons in Estate Planning Part 1 Episode 296 - My Kids Don't Want My Stuff – Lessons in Estate Planning Part 2 Connect with Benjamin Brandt Get the Retire-Ready Toolkit:http://retirementstartstodayradio.com/ Follow Ben on Twitter:https://twitter.com/retiremeasap Join the newsletter: https://retirementstartstodayradio.com/newsletter Dive deeper into retirement planning with Ben at www.RetirementIncome.University Subscribe to Retirement Starts Today on Apple Podcasts,Stitcher,TuneIn, Podbean,Player FM,iHeart, orSpotify