Episode 12: How to Transition from Law: Retirement Insights and Strategies with Ida Abbott
03/02/25 • 35 min
In this episode of the Real Retirement Show, hosts Yasmin and Kathleen discuss the unique challenges faced by lawyers when retiring. Joined by special guest Ida Abbott, a renowned retirement strategist, the conversation delves into the emotional and institutional hurdles of transitioning from a legal career to retirement. Ida shares her personal journey, highlights the importance of self-awareness and empathy, and emphasizes the need for early planning and open communication. Discover actionable advice and real-life stories for a smooth transition into retirement.
00:00 Understanding Lawyers' Reluctance to Retire
00:45 Introduction to The Real Retirement Show
01:30 Meet Ida Abbott: Retirement Strategist
02:39 Ida's Personal and Career Journey
06:47 Challenges Faced by Retiring Lawyers
07:36 Institutional Challenges in Law Firms
09:19 The Importance of Normalizing Retirement
10:50 Overcoming Personal and Professional Barriers
16:23 Success Stories and Client Breakthroughs
24:51 The Role of Design Thinking in Retirement Planning
32:43 Final Thoughts and Advice for Retirees
Real Retirement Video Podcast: Real Retirement - YouTube
In this episode of the Real Retirement Show, hosts Yasmin and Kathleen discuss the unique challenges faced by lawyers when retiring. Joined by special guest Ida Abbott, a renowned retirement strategist, the conversation delves into the emotional and institutional hurdles of transitioning from a legal career to retirement. Ida shares her personal journey, highlights the importance of self-awareness and empathy, and emphasizes the need for early planning and open communication. Discover actionable advice and real-life stories for a smooth transition into retirement.
00:00 Understanding Lawyers' Reluctance to Retire
00:45 Introduction to The Real Retirement Show
01:30 Meet Ida Abbott: Retirement Strategist
02:39 Ida's Personal and Career Journey
06:47 Challenges Faced by Retiring Lawyers
07:36 Institutional Challenges in Law Firms
09:19 The Importance of Normalizing Retirement
10:50 Overcoming Personal and Professional Barriers
16:23 Success Stories and Client Breakthroughs
24:51 The Role of Design Thinking in Retirement Planning
32:43 Final Thoughts and Advice for Retirees
Real Retirement Video Podcast: Real Retirement - YouTube
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Episode 11: How to Redefine Retirement and Cultivate Aliveness with Brenda Sutton
This episode of The Real Retirement Show, hosted by Yasmin and Kathleen, delves into the concept of retirement beyond just finances, exploring the multifaceted aspects of a vibrant retirement journey. Guest Brenda Sutton shares her transformative approach to retirement, which she terms 'rewirement,' focusing on alignment, love, inspiration, vitality, and ease. Brenda discusses her past career, the transition into rewirement, overcoming fears, and embracing new adventures with the aim of living a purpose-driven life filled with joy and meaning. The episode offers insightful reflections, actionable advice, and emphasizes the importance of mindset, curiosity, and intention in crafting a fulfilling retirement journey.
Learn More about Brenda Sutton: https://brendalsutton.com/
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LinkedIn: https://www.linkedin.com/in/brenda-sutton-7207a59/
Real Retirement Video Podcast: Real Retirement - YouTube
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Episode 13: Retirement Life Beyond Finances with Globe Advisor Reporter Deanne Gage
In this episode of The Real Retirement Show, hosts Yasmin and Kathleen are joined by Deanne Gage, a seasoned personal finance reporter for Globe Advisor. The discussion delves into the multifaceted aspects of retirement beyond finances, focusing on topics like evolving workmate relationships, family dynamics, loneliness, and the importance of having a plan before retiring. Deanne shares her insights from over two decades of reporting on personal finance, discussing the importance of understanding life transitions, the varied visions couples might have for retirement, and how advisors can play a crucial role in helping their clients navigate these challenges.
00:00 Navigating Post-Retirement Friendships
01:26 Welcome to The Real Retirement Show
02:10 Introducing Deanne Gage
04:14 Unexpected Early Retirement
05:41 Realities of Retirement: Divorce and Aging Parents
09:58 The Loneliness Epidemic in Retirement
21:57 Advisors' Role Beyond Finances
31:08 Personal Stories and Final Thoughts
Real Retirement Video Podcast: Real Retirement - YouTube
Real Retirement - Episode 12: How to Transition from Law: Retirement Insights and Strategies with Ida Abbott
Transcript
Lawyers tend to work longer than the general population. And they hold on as long as they can because so much of their life and their identity and their activities and everything they really do is wrapped up in their work. How do I let go? What do I do if I don't do this? This has been my life. if I don't do this, I'm useless. I have no value. I won't have any income. nobody's going to need me anymore. Nobody's going to call me. I've got a calen
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