You are previewing The New Retirementality: Planning Your Life and Living Your Dreams... At Any Age You Want.
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The New Retirementality: Planning Your Life and Living Your Dreams... At Any Age You Want

Book Description

With this latest edition of The New Retirementality, readers will quickly discover how to achieve the freedom to pursue their retirement goals-at their own pace, on their own terms-regardless of their age. Most people won't experience the same retirement that their parents did, nor do they necessarily want to. Page by page, top financial planner Mitch Anthony reveals how new opportunities will enable individuals to create tailor-made retirements. He includes new research and studies to back his insights and introduces readers to important concepts such as "wealthcare" and "return on life." Filled with engaging anecdotes and inspirational suggestions, this book will motivate readers to rethink the way they retire.

Table of Contents

  1. Copyright
  2. Preface
  3. Acknowledgments
  4. I. Out With The Old
    1. 1. What "Retire" Meant THE END OF RETIREMENT AS WE KNOW IT
      1. 1.1. Retiring Old Ideas about Retirement
      2. 1.2. The Artificial Finish Line
      3. 1.3. Illusions, Delusions, and Hype
      4. 1.4. Old Messages and New Realities
    2. 2. The End of Social Insecurity and Other Retirement Fears
      1. 2.1. The Demise of Social Security: Fact or Fiction?
        1. 2.1.1. Promising Signs
      2. 2.2. Seniors' Refrain: "We Want to Work"
      3. 2.3. You're Going to Get Options After All
      4. 2.4. Is the Financial Clock Ticking?
    3. 3. A Short History of Retirement
      1. 3.1. The Day After
    4. 4. The Great "Retiremyths"
      1. 4.1. Age 65 Is Old
      2. 4.2. Retirement Means You're Not Working
      3. 4.3. You Have to Be 62 to Do What You Really Want to Do
      4. 4.4. Retirement Is an Economic Event Exclusively
      5. 4.5. A Life of Ease Is the Ultimate Retirement Goal
      6. 4.6. You' re Going to Spend Most of Your Retirement Income on Doctors and Pills
      7. 4.7. I Can Do This by Myself
      8. 4.8. A New Definition
    5. 5. End of the Work/Retire Ultimatum
      1. 5.1. The Talent Shortage
        1. 5.1.1. The Cost Companies Will Pay
        2. 5.1.2. Attraction and Retention of Top Talent
        3. 5.1.3. Productivity and Competitiveness
      2. 5.2. The Brain Drain
      3. 5.3. When Is a Paycheck Not a Paycheck?
      4. 5.4. A Smoother Transition
  5. II. A New Way Of Thinking
    1. 6. Work May Always Be a Part of Your Life
      1. 6.1. Keeping Our Shine
      2. 6.2. The Significance of Work
      3. 6.3. Retirement Whiplash
      4. 6.4. The Flow of Intellectual Capital
      5. 6.5. New Heroes for a New Era: Retirementors!
      6. 6.6. Rearview Mirror
      7. 6.7. End of the Ultimatum
      8. 6.8. New Retirement Realities
      9. 6.9. The Societal Payoff
    2. 7. You're Old Only When You Think You Are
      1. 7.1. Thriving, Not Just Surviving
        1. 7.1.1. Hardening of the Attitudes
        2. 7.1.2. Enduring Attitudes
        3. 7.1.3. Habits of the Self-Reliant
      2. 7.2. Out with the Old
        1. 7.2.1. Profile of Older Americans
      3. 7.3. "Golden, Schmolden"
      4. 7.4. How Old Would You Be?
    3. 8. Staying Connected to the World
      1. 8.1. Keys to Living Long
      2. 8.2. The Vitamin Cs of Successful Aging
        1. 8.2.1. Vitamin C1—Connectivity
        2. 8.2.2. Vitamin C2—Challenge.
        3. 8.2.3. Vitamin C3—Curiosity
        4. 8.2.4. Vitamin C4—Creativity
        5. 8.2.5. Vitamin C5—Charity
      3. 8.3. Pumping Iron at 80
      4. 8.4. The Soul of Accelerated Aging
    4. 9. You Don't Have to Be 62 to Do What You Want to Do
      1. 9.1. A Path Paved with Fool' s Gold
      2. 9.2. Rusty Success Models
      3. 9.3. What Do You Have to Lose?
        1. 9.3.1. 1–2 points: Discontented and poor—"I dread my work and the pay is terrible" or "I dread my work but the pay is decent."
        2. 9.3.2. points: Discontented and materially satisfied—"I hate this work but the pay is excellent."
    5. 10. Don't Settle for a Lukewarm Life
      1. 10.1. Working It Out
      2. 10.2. What' s Stopping You?
    6. 11. How Much Is Your Paycheck Costing You?
      1. 11.1. Finding Breathing Room
      2. 11.2. Bloom Where You're Planted
      3. 11.3. Personal Development Inventory
      4. 11.4. Calling In Sick
      5. 11.5. A Company's Vital Signs
      6. 11.6. Subtle Counterfeits
      7. 11.7. Man's Search for Meaning
        1. 11.7.1. Counting the Cost
        2. 11.7.2. Taking Time Out
    7. 12. More Than an Economic Event
      1. 12.1. Issues for Our Middle Years and Beyond
      2. 12.2. Lessons from the Sudden Retiree
      3. 12.3. Mental Challenges of Retired Living
        1. 12.3.1. "Who Am I?"
        2. 12.3.2. Money, Money
    8. 13. Making a Meaningful Transition
      1. 13.1. The Seven Intangibles
      2. 13.2. The Meaningful Transition
  6. III. New Retirementality Solutions
    1. 14. Retire on Purpose
      1. 14.1. A Vision for Life
      2. 14.2. Your Story
      3. 14.3. Still Contributing
      4. 14.4. When You 're Done, You 're Done
      5. 14.5. A New View of Old
    2. 15. Your Money and Your Life
      1. 15.1. Moving from ROI to ROL
      2. 15.2. The Money/Life Puzzle
      3. 15.3. Moving from Financial Planning to Financial Life Planning
      4. 15.4. Financial Life Planning in Retirement
        1. 15.4.1. Visioning
        2. 15.4.2. Finding Balance
        3. 15.4.3. Collecting a Playcheck
        4. 15.4.4. From Aging to S-Aging
    3. 16. It's Not Just about Me
      1. 16.1. Other People's Money
      2. 16.2. Boomer Interrupted
      3. 16.3. What's a Boomer to Do?
      4. 16.4. Solutions
        1. 16.4.1. The Parental Pension
        2. 16.4.2. Hiring Your Parent
        3. 16.4.3. Grandpa or Junior?
    4. 17. Maslow Meets Retirement
      1. 17.1. Income for Life
      2. 17.2. Our Hierarchy of Financial Needs
        1. 17.2.1. Survival Income
        2. 17.2.2. Safety Income
        3. 17.2.3. Freedom Income
        4. 17.2.4. Gift Income
        5. 17.2.5. Dream Income
      3. 17.3. Paying the Bills
    5. 18. Calculating Income for Life: WORKING THROUGH MASLOW' S HIERARCHY OF NEEDS IN YOUR FINANCIAL PLAN
      1. 18.1. Locate Yourself
      2. 18.2. Paying for Survival
      3. 18.3. The Good Old Days
      4. 18.4. Safety Money
      5. 18.5. How Much Risk?
      6. 18.6. Freedom Money
        1. 18.6.1. Adding Up the Fun Bill
        2. 18.6.2. Free to Grow
      7. 18.7. Money to Give
        1. 18.7.1. First People First
        2. 18.7.2. Give While You're Living
      8. 18.8. Dream Money
      9. 18.9. Paying for Your Life
    6. 19. Making Your Money Last
      1. 19.1. Looking Forward by Looking Backward
      2. 19.2. Health Care or Health Scare
      3. 19.3. Financial Disconnect
      4. 19.4. Protect Yourself ... From Yourself
      5. 19.5. Working It Out
    7. 20. Wealth-Care Checkup FACING INVESTMENT REALITY
      1. 20.1. Investor Error 1: People Think They Are Smarter Than They Are
        1. 20.1.1. I Invested in a New Theory
        2. 20.1.2. I Invested in Companies and Industries I Knew Nothing About
        3. 20.1.3. I Picked Stocks Because They Had Fallen a Long Way and I Figured They Would Bounce Back
        4. 20.1.4. I Told Myself I Was a Good Stock Picker Because My Portfolio Was Up
      2. 20.2. Investor Error 2: Too Much Focus on Past Returns
      3. 20.3. Investor Error 3: Hanging Out with Losers
      4. 20.4. Investor Error 4: Believing You Have an Information Advantage
      5. 20.5. Investor Error 5: Not Paying Yourself First
      6. 20.6. Think about Yourself
      7. 20.7. Reality: Your Money Matures Faster When You Do
        1. 20.7.1. Money Maturity
    8. 21. Finding the Right Wealth-Building Partner
      1. 21.1. I'm Doing Just Fine on My Own
      2. 21.2. I Don't Want to Have to Pay for Services That I Can Get for a Fraction of the Cost
      3. 21.3. I Don't Have Enough Money to Talk to a Professional
      4. 21.4. I Don't Think I Can Trust Anyone to Manage My Money
      5. 21.5. Finding a Wealth-Building Partner
      6. 21.6. A Personal Safety Net
    9. 22. Giving Your Life Away
      1. 22.1. Creative Benevolence
      2. 22.2. Volunteering Payoffs
      3. 22.3. Something to Give
      4. 22.4. New Rules of Engagement
      5. 22.5. Philanthropy with an Attitude
      6. 22.6. What Do You Believe In? What Do You Have to Give?
      7. 22.7. More to Life
  7. Bibliography