The Retirement Crisis Beyond Money: Purpose, Identity, and Life After Your Career (Ep. 71)

You’ve spent decades building a career and preparing financially for retirement.  But what happens when you’ve reached your number and still aren’t sure you’re ready to walk away? In this episode of Prescribing Prosperity, John and Alex Soutsos explore the retirement challenges that extend far beyond investment balances and withdrawal strategies. They discuss why retirement is as much a psychological transition as a financial one, examining the loss of purpose, identity, routine, and relationships that many professionals experience after leaving their careers.  They also explain why longevity, inflation, portfolio design, and thoughtful planning all play important roles in creating the freedom to enjoy retirement on your own terms instead of simply leaving the workforce. Key takeaways: How purpose and identity often become the biggest retirement challenges after a long career Why financial independence doesn’t automatically make retiring the right decision How longer life expectancy changes retirement planning and income needs Why losing a spouse can create emotional and practical challenges later in retirement How retirement planning should prepare you for both financial and personal transitions And more! Resources: Book: Stocks for the Long Run by Jeremy Siegel Connect with Med-Wealth Financial Services:  Med-Wealth Financial Services LinkedIn: John Soutsos LinkedIn: Alex Soutsos LinkedIn: Med-Wealth Financial Services X (formerly Twitter): Med-Wealth Financial Services [email protected] 905-568-2000 1-888-568-1170