Episode 1 | The new retirement

Talking About Retirement with Damon Sugden

Ernest Hemmingway said, “retirement is the ugliest word in the language”.

Was he harsh or is there merit in that view?

On the first episode of Talking About Retirement, Damon, David and Barry explore the concept of the term, modern elder. What does it mean? What does this transition look like in 2020, and what needs to be done to shift the pre-retiree perception of a ‘fulfilled’ life is based solely on your amount of savings?

Global Retirement Expert, Barry LaValley’s says, “it depends on your view”. In his experience, many people enter their post-work life with the wrong view and find out it was not what they thought it would be.

Host, Wealth and Retirement Adviser, Damon Sugden, encourages listeners to reflect on if the image of our parents or grandparents in retirement is still a relevant picture, or has the world changed to include a more flexible approach?

He is also joined by Wealth With Purpose author, Capital Partners Private Wealth Founder and CEO, David Andrew.

According to David, people have realised that retirement today is very different from the experience that their parents and grandparents had. At Capital Partners, this concept is utilised as a vehicle to help clients identify their values and ideal life.

So why are these non-financial aspects so important when setting yourself up for success? According to David, it’s because when we look at retirees, they are never just successful from a money point of view.