ABOUT THIS EPISODE
Retirement planning usually focuses on one big question: Do you have enough to retire? Daniel Goldie knows that’s not the whole story.
A former professional tennis player who transitioned into another successful career as a financial advisor in 1991, Goldie knows something about leaving one identity behind and building another. In his new book, The Retirement Answer: The Six Key Decisions Every Retiree Needs to Make, he draws on decades of client experience to examine the six key decisions that shape retirement.
In this conversation, Daniel and Joe discuss why it helps to retire to something rather than simply from work, why accomplished savers can struggle to give themselves permission to spend, and what couples should talk through before retirement arrives.
Daniel also raises a provocative question: as your remaining time becomes increasingly valuable, when does trading more of it for money stop making sense?
Daniel Goldie joins us from Palo Alto, California.
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Bio
Daniel Goldie is the author of the new book The Retirement Answer: Six Key Decisions Every Retiree Needs to Make.
Daniel is a Senior Wealth Advisor with Focus Partners Wealth, one of the largest fiduciary advisory firms in the United States. He holds a BA in economics from Stanford University and an MBA from U.C. Berkeley’s Haas School of Business. He is a CFA® charterholder and a Certified Financial Planner™ and has been frequently recognized by Barron’s as one of the nation’s top financial advisors.
Goldie co-authored The Prudent Investor’s Guide to Beating Wall Street at Its Own Game and The Investment Answer. He began his investment career in 1991 after retiring from the ATP Tour, where he was a Wimbledon quarterfinalist and won four professional titles. A former NCAA men’s singles champion for Stanford, he has been inducted into the Intercollegiate, Northern California, and Stanford Sports Halls of Fame.
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For More on Daniel Goldie
The Retirement Answer: Six Key Decisions Every Retiree Needs to Make
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Other Podcast Conversations You’ll Also Love
Spend More, Worry Less: The Forever Paycheck – Jean Chatzky
What If Retirement Is the Wrong Goal? – John Coleman
Retiring: Creating a Life That Works for You – Teresa Amabile
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Wise Quotes
On Preparing for Both Sides of Retirement
“The financial ones are actually, believe it or not, easier. They’re quantifiable. Everyone thinks about retirement that way.
They don’t always think about the non-financial aspects.”
On Setting a Direction
“It’s important to retire to something rather than retiring from something. You’ve got to have an objective.”
On the Value of Your Time
“As you get older and your life expectancy is shortening, the value of your time is going up.”
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About The Retirement Wisdom PodcastThere are many podcasts on retirement, often hosted by financial advisors with their own financial motives, that cover the money side of the street. This podcast is different. You’ll get smarter about the investment decisions you’ll make about the most important asset you’ll have in retirement: your time.
About Retirement Wisdom
I help people who are retiring, but aren’t quite done yet, discover what’s next and build their custom version of their next life. A meaningful retirement doesn’t just happen by accident.
Schedule a call today to discuss how the Designing Your Life process created by Bill Burnett & Dave Evans can help you make your life in retirement a great one — on your own terms.
About Your Podcast Host
Joe Casey is an executive coach who helps people design their next life after their primary career and create their version of The Multipurpose Retirement.™ He created his own next chapter after a 26-year career at Merrill Lynch, where he was Senior Vice President and Head of HR for Global Markets & Investment Banking.
Joe has earned Master’s degrees from the University of Southern California in Gerontology (at age 60), the University of Pennsylvania, and Middlesex University (UK), a BA in Psychology from the University of Massachusetts at Amherst, and his coaching certification from Columbia University.
In addition to his work with clients, Joe hosts The Retirement Wisdom Podcast, ranked in the top 1% globally in popularity by Listen Notes, with over 2 million downloads. Business Insider recognized Joe as one of 23 innovative coaches who are making a difference. He’s the author of Win the Retirement Game: How to Outsmart the 9 Forces Trying to Steal Your Joy.
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The views and opinions expressed by guests on The Retirement Wisdom Podcast are those of the guests and do not necessarily reflect the policy or position of the host or Retirement Wisdom, LLC. The Retirement Wisdom Podcast covers the non-financial aspects of retirement. From time to time we may invite guests who discuss other aspects of retirement planning, solely for educational purposes. Listeners are advised to consult qualified financial and/or medical professionals on those matters.
