Retirement Planning: Preparation, Adaptability & Doing Hard Things (Ep. 55)

By Relax It's Retirement-Podcast | June 17, 2024

What does it take to truly conquer life’s toughest challenges and apply those lessons to your retirement?

This week on Relax It’s Retirement, Josh Leonard and Pete Belcastro dive into the topic of “doing hard things” and how taking on challenges can prepare you mentally and emotionally for retirement. Josh shares an inspiring anecdote about a grueling bike ride up Maui’s Haleakala volcano, and they explore parallels between physical endurance and financial preparedness. They discuss why staying active and engaged matters even after retirement, offering insights on setting goals, planning effectively, and remaining adaptable.

Josh and Pete discuss:

The significance of preparation and planning ahead for a successful retirement, just like planning a challenging bike ride
Why retirement doesn’t mean stopping; it means finding new and fulfilling challenges
Being ready to adjust your plans, just as you might need to adapt during a physically demanding activity
How building a support system around your retirement plan is as crucial as having a team backing your adventures
Balancing risk and reward while navigating the complexities of retirement
And more