Don’t Retire… Graduate with Eric Brotman

In this conversation Eric and I discuss the concept of retirement as a graduation and the need to redefine retirement as an opportunity for growth and exploration. Eric highlights the significance of having an abundance mindset and being open to reinventing oneself in retirement.

Eric shares the three secrets to the happiest retirees: being debt-free, taking care of your health, and having a sense of purpose.

Takeaways

• Retirement should be seen as a graduation and an opportunity for growth and exploration.

• Financial independence is key to a fulfilling retirement, and it is important to plan for it early in life.

• Having an abundance mindset and being open to reinvention can lead to a more fulfilling retirement.

• Financial literacy is crucial in achieving financial independence and making informed decisions.

• The fear of running out of money in retirement can be alleviated by working with a financial advisor and having a well-thought-out plan.

• The three secrets of the happiest retirees include embracing a second childhood, cultivating wisdom and mindset, and finding purpose and identity in retirement. Being debt-free or adverse debt-free is important in retirement to reduce anxiety and ensure a peaceful retirement.

• Taking care of your health is crucial, as it is easier to stay healthy than to get healthy.

• Having a sense of purpose gives retirees a reason to get out of bed every morning and brings fulfilment to their lives.

• Retirees should plan and have intention in their retirement to ensure a smooth transition and make the most of their time.