Legacy Transitions

Today we’re looking at some realities of retirement: the discussions you will have with your employers, strategies for transitioning your role instead of outright retiring, the work opportunities available to you after you retire from your career, and how you can ultimately take control of your life in retirement.   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning Legacy Transitions is a production of Crate Media

Today’s episode focuses on three common but avoidable retirement challenges: when your spouse realizes that they don’t want to live the same retirement that you do, coping with a solo retirement after the unexpected loss of a spouse, and the sluggishness that can creep in if you aren’t proactive.   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning Legacy Transitions is a production of Crate Media

Why is it taking so long to shift into retirement?   A lot of people ask this — and it’s usually because they tried to make the shift alone! People tell themselves that asking for help is a weakness, that it’s a waste of money. How could not working be hard? The ads sure make it look fun!   If only it were that easy.   The road to a successful retirement is paved with the hard work of accepting that your work identity is over and that you must create a new identity that you feel confident, comfortable, and excited about.    There are many factors that will influence this new identity. What do you really want to do? What’s your financial situation like? Your family situation? Your circle of friends?    There’s a lot to consider, and this new persona isn’t going to appear overnight. In fact it may take many months, if not a few years, to truly manifest itself. But you have to accept that change has to happen if you don’t get caught up in a Murray-esque Groundhog Day.    This is the time of your life that you really have the chance to make it all about Legacy!   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning Legacy Transitions is a production of Crate Media

When is the right time to retire?   Answering that question isn’t as easy as just picking the year you turn 65 — there’s a lot more to consider, and a lot of questions you should ask yourself to determine what makes the most sense for you and your family.   So, today, I’m going to go over what these questions are and how you can determine what the right time to retire is for you.   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning Legacy Transitions is a production of Crate Media

Today, I want to walk all of you through an assessment that we think everyone should take before they start planning for retirement. People often think succession planning is awkward to talk about, so a lot of the things we cover in this survey have been largely ignored by corporate teams over the past few years — but these are important conversations to have because we can’t allow the different generations in our organizations to become siloed.   You can take the survey yourself by clicking right here — it’s completely free and we don’t even ask for your email address.   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning Legacy Transitions is a production of Crate Media

There are a lot of really interesting and useful retirement lifestyle articles – but I think a lot of us just sort of skim over these. But I’ve been doing a lot of reading lately, so I wanted to share the most helpful tidbits I’ve picked up in these articles.   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning Legacy Transitions is a production of Crate Media

Being busy in our jobs – managing hectic schedules and the stress of the daily grind – makes us visualize what would our life be after retirement; a happy and relaxed space where we can chill out endlessly! But once retirement actually approaches, the endless leisure and free time can become overkill.    If you are nearing retirement or are already retired and don’t have a plan, this is for you!   Without a concrete plan after retirement, many professionals feel empty and restless, craving for a new direction and new purpose but unsure of where or what that might be. Paying attention to financials is important when you retire, but it is equally important that you focus on your mental and emotional health.    Being in a job gives you a chance to experience promotion and success, awards and opportunities for recognition, and the company of your workplace friends and colleagues. But what fills that gap once you retire?   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning Legacy Transitions is a production of Crate Media

The emotional impact of retirement can often lead to loneliness. Many of us feel lost and empty during this phase and it is important to find a purpose and drive for your second act, in order to feel fulfilled and not to feel lonely. Setting goals, creating a plan, and figuring out your drive will help you gain a start!   So, today I’m going to share our top 10 tips that can help you foster new ideas for the second act of your life!   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning Legacy Transitions is a production of Crate Media

In the last episode, I shared some of my favorite things that people say when they want to get rid of me or think that retirement is not for them – today, I’m going to expand on that list to help you see that a lot of people share similar concerns and fears about retirement, but many of them are actually misconceptions or easily overcome with a little planning.   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning Legacy Transitions is a production of Crate Media

Today, I’m going to focus on my favorite retirement quotes – the things that people say when they want to get rid of me or think that retirement is not for them!   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning Legacy Transitions is a production of Crate Media

When you think about retiring, you have to start with a vision – you have to consider what you want your legacy to be and how you’re going to achieve that.   In other words, you need to identify your true purpose.   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning Legacy Transitions is a production of Crate Media

Today, I’d like to talk about the importance of Knowledge Sharing as an Executive prepares for retirement – as well as why that same executive should be retained on a consulting basis after their full-time departure and why all of this needs the attention of a company’s Board of Directors.   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning Legacy Transitions is a production of Crate Media

Today, we’re going to explore the 10 questions about retirement that I’m asked most frequently. My answers to these questions range from logistical solutions to mindset strategies, but it’s all important to consider before you start approaching retirement.   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning Legacy Transitions is a production of Crate Media

Today, we’re going to cover three critical pillars for a long and happy retirement: paying for it, staying healthy, and avoiding negativity.   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning   Legacy Transitions is a production of Crate Media

Today, we’re going to go over what Your Legacy Transition Blueprint is and why you should have one.   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning   Legacy Transitions is a production of Crate Media

Today, we will explore the journey of your legacy transition. To do that, we first have to understand the four quadrants of life: childhood, adolescence, adulthood, and retirement – or what I like to call “my time.”   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning   Legacy Transitions is a production of Crate Media

Have you or anyone you know every gone through outplacement?  You’ve been at a company for years and they decide to go in a different direction... one that doesn’t include you. You wake up every day hoping that your luck will turn around, but it doesn’t. You start dipping into your 401k plan and your spouse reluctantly agrees. You feel remorse. You keep trying, but there are no promising leads. You begin to feel lost. Can you relate?   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning   Legacy Transitions is a production of Crate Media

Today, I want to share the story of my transition from my corporate life into my next life: the ups, the downs, and how I successfully moved into a new role in this next period of my life.   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning   Legacy Transitions is a production of Crate Media

If succession planning is not managed appropriately, or at all, the results can be disastrous for a company – as bad as losing decades of institutional knowledge and valuable connections. So, in today’s episode, I’m going to paint a picture of what succession planning often does look like in an organization, as well as what it ought to look like.   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at legacytransitions.org LinkedIn: linkedin.com/in/bob-foley-0343a21 Facebook: facebook.com/RetirementLifestylePlanning   Legacy Transitions is a production of Crate Media

We’ve been sold the story that, if you put your time in and save, you will eventually reach retirement... but that’s not exactly true. I’m here to tell you the truth – that retirement is not a destination, but rather a transition – and I want to help guide you through that transition by empowering, educating, and inspiring you to thrive, not just survive. Because, unfortunately, most people aren’t prepared by the time they’re ready to retire. There’s a lot of people out there who can help you with the financial aspect of retirement, and that’s extremely important, but I am here to help you find a purpose and create a plan for this new phase of your life.   To learn more, and for the complete show notes, visit: legacytransitions.org/podcast   Resources: Learn more at https://legacytransitions.org/ LinkedIn: https://www.linkedin.com/in/bob-foley-0343a21/ Facebook: https://www.facebook.com/RetirementLifestylePlanning/   Legacy Transitions is a production of Crate Media