In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the emotional side of the transition into retirement with clients Vid and Nupam Desai. Vid recently took early retirement after six years as chief information officer at the FDA, capping a 40-year career in pharmaceuticals, clinical research and medical devices. Nupam is still leading her team at Lenovo and planning her own retirement over the next couple of years. The four of them talk about learning to live together again, getting comfortable spending money you spent decades saving, and the travel, hobbies and giving back the Desais are planning for the years ahead.

Listen in to learn about why even the most capable do-it-yourself planners reach a point where handing off taxes and investments brings relief, how seeing a plan on paper helps the logical and emotional sides of retirement catch up with each other, and what couples can expect when one spouse retires first.

In this episode, find out:

• Why Vid calls holding on to his own finances and taxes for too long one of his biggest retirement lessons.
• How seeing their plan on paper helped the Desais start feeling confident about spending.
• What changes at home when one spouse retires and the other keeps working.
• Why Nupam is staying at Lenovo long enough to set her team up to succeed.
• How the Desais picture their first five to ten years of retirement, from six-week stays abroad to community service and the Peace Corps.

Tweetable Quotes:

"While we are financial advisors in this wealth management space, a lot of times what we are is a thought partner."

Murs Tariq

"A lot of times when people come to us, it's emotional. It's an emotional hurdle."

Radon Stancil

Resources:

If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!

To access the course, simply visit POMWealth.net/podcast.