3 Reasons to Consult a Retirement Coach

Check out Jeremy’s latest podcast on retirement coaching by listening on “Apple Podcasts” or “Google Podcasts” or read below for 3 Reasons to Consult a Retirement Coach.

#95 – When it comes to your retirement wellness, there is much more to think about than just your finances.

How to fill your time, stay mentally and physically active, build healthy relationships…the list goes on!

A retirement coach is the best person to help you with all the non-financial aspects of retirement.

In this episode of our retirement coaching series, Jeremy Keil is back with Robert Laura, founder of the Retirement Coaches Association. Join them to learn about the benefits of hiring a retirement coach.

Robert discusses:

  • His inspiration behind starting the Retirement Coaches Association
  • What is retirement coaching, and why is it so important
  • How to find a retirement coach (or become one yourself!)
  • What he learned about retirement from interviewing several high-profile athletes
  • And more

3 Reasons To Consult a Retirement Coach

1) Retirement Wellness Goes Far Beyond Financial Wellness

Based on positive psychology, the PERMA model tells us that true happiness and well-being come from Positive emotion, Engagement, Relationships, Meaning, and Accomplishments.

This means that financial security, although important, is not sufficient to achieve retirement wellness.

You also need to consider several non-financial aspects like filling your time with meaningful activities, remaining mentally and physically active, building a new identity, and exploring your spiritual side.

Remember, despite having enough money to do whatever you want, it’s still possible to feel underwhelmed if you don’t plan beyond your finances.

2) Outside of the Expertise of Your Financial Advisor

Financial advisors. Read that again.

The name itself includes financial, implying that financial advisors primarily specialize in helping you with your finances (investments, tax strategy, etc.).

Although they might know a thing or two about retirement coaching and psychological well-being, they are likely not the “experts” in that field.

This is one of the main reasons why you should consult a professional retirement coach, who can guide you through the emotional side of retirement.

Find a retirement coach at the Retirement Coaches Association.

You can also get certified yourself to become a retirement coach if you are interested in helping fellow retirees guide through retirement!

3) Money Comes Second: The Non-financial Aspects Drive Your Financial Decisions

Robert Laura suggests checking off the non-financial boxes in retirement first — and a retirement coach will help you do exactly that.

Once you know what you want your ideal retirement to look like, then you can plan your finances accordingly.

In other words, factors like your mental health, your relationships with friends and family, and your spiritual beliefs might drive your key financial decisions.

___________________________________________________________________________

To learn more about retirement coaching, check out the resources below!

If you have any questions, feel free to contact us or our guest Robert Laura using the contact information provided below!

Resources:

Connect With Robert Laura:

Connect With Jeremy Keil:

About Our Guests:

Robert Laura is a best-selling author and nationally syndicated columnist for Forbes.com and Financial Advisor Magazine. His work has reached millions of readers through five books, twelve guides, and over 500 articles. In addition to his writings, he frequently appears in major business media outlets such as The Wall Street Journal, USA Today, CNBC, MarketWatch, Investor’s Business Daily, Yahoo! Finance, TheStreet.com, and more.

Robert Laura is a pioneer of “The New Retirement,” which includes planning for both the financial and non-financial aspects, including the need to develop a written plan for everyday life in retirement. He is the author of Naked Retirement, Retirement RX, Retirement Roots, Retirement Challenge, and Financial Karma. 

Robert is the founder of the Wealth & Wellness Group, the RetirementProject.org and Certified Retirement Coach Designation. He holds several designations, including Certified Kingdom Advisor, Accredited Asset Management Specialist, Certified Mutual Fund Counselor, Chartered Retirement Planning Counselor, and Certified Professional Retirement Coach.

Disclosures:

Content

Results and figures presented within the above links are hypothetical, unaudited, and are intended for illustrative purposes only.

Liability

Keil Financial Partners assumes no liability, or responsibility for any errors, omissions, or other issues with the links and their respective contents. This includes both the website content and any potential bugs, viruses, or other technical threats.

No Tax Advice

Keil Financial Partners does not provide any tax advice. No information or results from the links should be interpreted as tax advice. Please seek guidance from a qualified tax professional for any and all tax-related matters.

No Investment Advice

The content and information provided through the links should not be interpreted as being investment advice or a recommendation of suitability for any particular security, portfolio of securities, transaction, or investment strategy, or related decision. Please seek assistance from a qualified investment professional for any and all investment matters.

Investment Risk

Investments may increase or decrease significantly. All investments are subject to risk of loss

Share:

Listen to Retirement Revealed on:

Ask Jeremy a Question

Contact Form

  • This field is for validation purposes and should be left unchanged.

Free Guide

Download your retirement planning guide now.

Download our Retirement Guidebook

7 Questions That Could Make or Break Your Retirement

Categories