New Retirementality - Planning Your Life and Living Your Dreams...at Any Age You Want

Stop making a living and start making a life with The New Retirementality(TM)
 
In 2000, when top financial philosopher and bestselling author Mitch Anthony first presented a new way of thinking about retirement, it was novel, and many critics didn't buy into it. Originally written to get the attention of baby boomers, Mitch ended up starting a revolution by showing us that everything we had read about retirement was wrong--we needed a "new retirementality." Fast-forward to today, when most of us are facing a very different retirement: fewer pensions, escalating healthcare costs, and inadequate savings. For many of us, retirement may never happen, or it will take place much later than we expected.
 
Far from being full of doom and gloom, The New Retirementality, Fifth Edition, offers a message of hope, along with a roadmap for navigating the choppy waters of retirement planning. While most books focus on Return on Investment, Mitch shows us that Return on Life(TM)--living the best life possible with the resources we have--is a more fulfilling and achievable approach. New to this edition:
* The latest research and studies, as well as a discussion of Life-Centered Planning(TM)--a unique approach to financial and retirement planning, focused on individual goals and needs instead of the outmoded one-size-fits-all approach.
* Explores the role of purpose in retirement planning, including the expanding role of work in retirement, and why it can take three or four tries to get retirement right.
* Features the New Retirementality Profile, the ROL Index for helping you analyze and reflect on how you are using your money toward improving your life, and worksheets to help you get organized.
 
Filled with engaging anecdotes, practical advice, and inspirational suggestions, this book will motivate you to rethink what retirement means--and put you in a better position to enjoy the new retirementality you deserve.

List of contents

Preface xi
 
Acknowledgments xiii
 
Chapter 1 A Short History of Retirement 1
 
Crossing the Bridge 8
 
Chapter 2 Removing Artificial Finish Lines 9
 
Dates of Extraction 11
 
What Made Jack Dull? 13
 
Motivated by Autonomy 14
 
Illusions, Delusions, and Hype 16
 
Chapter 3 No Longer One and Done 19
 
Stages of Grief? 20
 
The Four Stages of LEAN 21
 
The Balance Sheet 28
 
Forced or Phased? 28
 
Advocates Needed 30
 
Chapter 4 The New IRA: Individual Retirement Attitude 33
 
Assume You Will Work Longer 36
 
Assume You Will Live Longer 37
 
Assume That There Will Be Improvisational Challenges 39
 
Chapter 5 Boredom Isn't on Anyone's Bucket List 43
 
Monotone Living 44
 
How You're Wired 45
 
When Frustration Replaces Fascination 45
 
Realistic Expectations 46
 
For Better or Worse but Not for Lunch 49
 
Losing Your Identity 49
 
The Rearview Mirror 50
 
Chapter 6 A New Mind-Set: Retire on Purpose 53
 
"I'm Done" 55
 
"I Have To" 55
 
"I'm Inspired" 56
 
Meaningful Pursuits: A Midlife Crisis Gone Horribly Right 58
 
Enduring Attitudes 63
 
Chapter 7 Money is Only Part of the Equation: Investing Yourself, Then Your Money 67
 
A Very Long Trip 69
 
Where from Here? 71
 
Chapter 8 The Retirement That Works 79
 
Redefining Work 80
 
Longevity Works 83
 
Ready, Set, Engage 84
 
Retirement Planning That Works 86
 
Chapter 9 Extending Your Stay by Staying on the Edge 89
 
Staying in Your Zone 90
 
Yes Sir, Kiddo 91
 
Ageism on the Radar 93
 
The Teaching Bridge 94
 
Advantages of Underemployment 95
 
EntreMature 96
 
Chapter 10 Super-Septs: How 70 Became the New 50 101
 
Feeling as Fact 102
 
Your View of You 103
 
Turning the Corner 107
 
A New Season 108
 
Chapter 11 Redefining You: What's Your Retirementality? 109
 
New Spin on Re-tiring 110
 
Chapter 12 Redefining Rich: Bridging the Gap between Means and Meaning 121
 
The Seven Meaningful Intangibles 124
 
The Stewardship of Money 130
 
Chapter 13 Maslow Meets Retirement 133
 
More Than Just Money 134
 
Our Hierarchy of Financial Needs 136
 
Paying the Bills 140
 
Chapter 14 Advice from Retirementors 143
 
The Realities of Retirement 143
 
Retiremyths 146
 
Vacation: Balancing Work and Play 151
 
The Best (and Worst) Experiences 153
 
Allocation 154
 
Chapter 15 From Aging to S-Aging 157
 
A Sense of Mastery 158
 
The Vitamin Cs of Successful Aging 160
 
Challenge Your Body, Mind, and Spirit 166
 
Chapter 16 Don't Go It Alone 169
 
We Don't Always Know What We Don't Know 170
 
We are Tempted to Follow the Crowd 171
 
Individual Investors Historically Underperform the Indexes because They React Emotionally to Market Events 172
 
It is Time-Consuming and Stressful to Manage Money on a Day-to-Day or Week-to-Week Basis 172
 
Holding Your Ground 174
 
Finding a Wealth-Building Partner 175
 
A Personal Safety Net 177
 
Notes 179
 
About the Author 187
 
Index 189

About the author

MITCH ANTHONY is a bestselling author, financial philosopher, co-founder of ROL Advisor, and president of mitchanthony.com, a training and communications firm that advises financial services professionals and their clients. Mitch also writes and hosts the syndicated radio feature, The Daily Dose, heard on more than 160 stations nationwide. Mitch is a popular keynote speaker who has been quoted in The Wall Street Journal, Kiplinger's Personal Finance, and other leading publications.

Product details

• Authors: Mitch Anthony, Anthony Mitch
• Publisher: Wiley, John and Sons Ltd
• Languages: English
• Product format: Paperback / Softback
• Released: 03.02.2020
• EAN: 9781119611486
• ISBN: 978-1-119-61148-6
• No. of pages: 224
• Subjects: Guides > Law, job, finance > Money, bank, stock market; Social sciences, law, business > Business > Business administration; Personal finance, Private Finanzplanung, Finance & Investments, Finanz- u. Anlagewesen