Retire Often: Mini-Retirements for a Richer Life with Jillian Johnsrud

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Welcome to Something More with Chris Boyd.

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Chris Boyd is a certified financial planner, practitioner,

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and senior vice president, financial advisor at Wealth

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Enhancement Group, one of the nation's largest registered

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investment advisors.

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We call it Something More because we'd like

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to talk not only about those important dollar

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and cents issues, but also the quality of

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life issues that make the money matters matter.

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Here he is, your fulfillment facilitator, your partner

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in prosperity, advising clients on Cape Cod and

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across the country.

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Here's your host, Jay Christopher Boyd.

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Welcome to the program, Something More with Chris

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Boyd.

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I'm here with a whole host of characters

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here.

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I've got Jeff Carey and Russ Ball.

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All of us are from the AMR team

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at Wealth Enhancement, and our special guest today

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is Jillian Johns-Rude.

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Jillian is the author of Retire Often.

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We're going to talk a little bit about

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your book and your approach to how people

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should have a more fulfilling life with their

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work-life balance.

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Thanks for being here.

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Thanks so much for having me.

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Well, not only do we encourage listeners to

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listen, share, like, rank our podcasts, we also

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listen to other podcasts.

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And I was listening to Dr. G, which

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we've had on the show.

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I'm a regular subscriber of his podcast.

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I think it has a lot of good

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content, earn and invest.

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And I don't know, a month or so

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ago, probably when your book came out, Jillian,

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you were on Dr. G's show, and it

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was a very captivating conversation that you had.

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And we deal, our client base is broad,

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but primarily we deal with people thinking about

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retirement and in retirement.

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So your book, certainly Retire Often, and the

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topics that we're going to discuss today, I

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think are really right on point to what

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many of our clients are thinking about, so

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thanks for being with us today.

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Yeah, thanks for having me.

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Could you just start, you know, for our

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listeners, and tell us a little bit about

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how you get into this niche of the

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financial world?

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Yeah, I started writing online about 10 years

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ago, actually during a mini retirement, my husband

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at the time and I had taken a

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year off, and one of the things that

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I wanted to do during that time off,

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I wrote on a little list, something to

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do with writing.

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And I wanted to write about personal finance,

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partly because I had always been such a

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personal finance nerd, and I loved the topic

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so much.

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But at the time, I had five itsy

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bitsy little children, and my entire life was

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mothering, like, my youngest had just been born.

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And it was like, so I had like

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zero to seven or something.

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They were all so tiny.

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And like all of my friends had kids

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and we were just in that season of

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like, you know, diapers and strollers and car

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seats.

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And I just wanted a place to talk

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about personal finance and, and what I was

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learning and what I was thinking.

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And we had taken a number of mini

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retirements up into that point.

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And I was writing primarily in the financial

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independence community.

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And people found this kind of a novel,

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unique approach of, wait, on the path of

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financial independence, like I could take breaks, I

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could practice my retirement before I retired.

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Kind of the opposite of the FIRE movement,

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right?

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Just go, go, go, then do nothing.

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Yes.

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And so 10 years ago, I started writing

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about this and it really resonated with people,

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it was really useful.

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And so it only took 10 years to

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come out with a book, basically an overnight

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success.

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But yeah, that's how, that's how I got

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here.

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And so when, when I hear of the

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subject, the way I process it, and maybe

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this is normal, maybe it isn't, but I

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start thinking, oh, can't do that.

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That would mess up my career development.

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That would mess up my accumulation phase of

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my life.

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That would mess up, you know, the whole

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list, all these obstacles, right?

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Do you run into that with most people?

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Absolutely.

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I think our brain is really good at

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like looking at risk and challenges and, and

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imagining those upfront.

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But the reality tends to be a little

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bit different than the worst case scenarios.

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I've seen people leverage many retirements to actually

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improve their financial trajectory and to improve their

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career trajectory, not just their life.

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And it's, it's a little bit counterintuitive, but

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once you see it, you're like, oh yeah,

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I get how that could happen.

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And the, the outcomes are pretty, pretty reliable

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that this ends up being good across the

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board.

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And talk about some of those responses or

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some of those data, some of that data

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that shows that, I mean, so you think

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about, oh, I'm going to leave my, my

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job, my income, fine, I've saved for that

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year and I'm ready financially for that year.

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But how, why could it, how and why

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could it be a positive for your, your

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career?

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Yeah.

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For a lot of people, I think the

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latest stat is like 89% of Americans

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have experienced burnout and it's really tough when

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you're burned out to be exceptional, you know,

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you can, you can get up and you

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can get to work and you can get

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through the motions and you can do the

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thing, but I compare it to.

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If a, if a runner left for a

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month and, and came back and was 10

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% faster than all the other runners, you

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don't win 10% more races, if you're

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10% faster, you win all the races

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and there's a lot of jobs where being

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the best and being exceptional at what you

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do, being creative and innovative and motivated and

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intuitive really matters.

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Uh, I used to work in commission sales

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and whenever someone had something going on in

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their personal life, divorce, a death, whatever was

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happening, their sales would drop by 50%

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and you couldn't perceive it when they came

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into the office, like they didn't look like

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a mess, but there was something in those

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interactions.

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And I think we take for granted, you

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know, we think, well, my 80% is

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good enough.

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And, and it is good enough, but there

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can be a huge advantage to really taking

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your professional success seriously and showing up as

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the best version of yourself.

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Maybe that means rest and recovering from burnout.

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Maybe that means additional training or improving your

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soft skills, but really you kind of compare

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it to, I played basketball in high school

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and we were a very competitive team.

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We took it very seriously, but every game

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you take a halftime, every single game, not

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because you're lazy or unmotivated or you don't

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care about the outcomes.

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Like you take the halftime because you care

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so much about the outcomes.

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Yeah.

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You make adjustments, you get a little rest.

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Yeah, it's really important.

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And I think applying that same passion and

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that same discipline to our careers.

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Can you tell me a little bit about

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the lead up to this?

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I mean, I think many people have trouble

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making ends meet as it is, let alone

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having the structure and discipline to save sufficiently

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to have a mini retirement.

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How do you move from the mundane to

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having that kind of structural discipline?

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Yeah, well, I think first I might, I

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might define what a mini retirement is.

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So I define a mini retirement with three

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elements.

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It's a month or longer, I think a

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month is like that minimum effective dose, stepping

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away from your primary career or your nine

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to five, and to focus on it matters

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to you.

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So when we're thinking about how do I

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afford this?

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Let's start with a month.

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How do we afford a month off, assuming

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that it's unpaid?

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And then there's the adventure that you're going

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to do, whatever the cost of that thing

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is going to be, which there's an enormous

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range of price points from some people actually

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save money on their mini retirement.

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You know, maybe they're going to go travel

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and they rent out their house while they're

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traveling for that month.

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And the money that they bring in from

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renting out their house, it covers the entire

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cost of their trip.

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So I encourage people, if you're early in

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your financial journey, front load the affordable options

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like you don't have to start with the

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around the world cruise.

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Like you can do that when you're 70,

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70 year olds love cruises.

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Start with the road trip.

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Start with volunteering.

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Last year, I took a month off and

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I learned tango and it was amazing.

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I spent a thousand dollars.

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It was such a good experience, like a

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great lifetime skill.

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But you can just start with the affordable

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ones.

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So then you have to cover the cost

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of that month off.

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And for people who aren't like they're not

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money nerds like me, they don't love their

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budget and their spreadsheets and all that.

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A mini retirement can be great motivation to

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kind of tune into your finances and figure

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out what am I spending?

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Where is the money going?

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What am I earning?

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And you might.

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I don't think about it like saving money.

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You're just deferring that expense slightly, you know,

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instead of Chipotle burrito bowl every Friday at

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your desk in two years.

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If you if you forgo that for two

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years, that's a hundred meals in Mexico of

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street tacos on the beach while you're learning

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Spanish, like lots of margaritas.

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You're not giving up your Mexican food.

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You're just going to have it in two

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years and hopefully it be a massive upgrade.

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It's really interesting.

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Talk about the professional impact.

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You know, one impression I think people would

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have is that this is going to disrupt

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my career trajectory or might undermine my ability

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to save sufficiently for a traditional retirement.

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Why isn't that so?

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There's a number of factors at play.

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One, for most people, your greatest opportunity for

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a significant raise or promotion comes when you

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switch jobs.

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The it's the one of the easiest ways

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to increase your lifetime earning potential.

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So if instead of thinking, you know what,

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I'm going to graduate from college, I'm going

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to work with one employer and I'm going

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to work with them for 40 years.

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If you're like, you know what, I'll probably

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switch jobs every three to five years and

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you plan a mini retirement in between.

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And a mini retirement can be a great

272
00:11:13,230 --> 00:11:16,570
motivation to make that switch instead of feeling

273
00:11:16,570 --> 00:11:19,170
kind of stuck in in a company.

274
00:11:19,910 --> 00:11:23,590
And that can massively help increase that lifetime

275
00:11:23,590 --> 00:11:24,330
earning potential.

276
00:11:24,330 --> 00:11:26,130
Like I had one friend who ended up

277
00:11:26,130 --> 00:11:27,050
taking a year off.

278
00:11:27,410 --> 00:11:28,770
And when he came back, you know, he

279
00:11:28,770 --> 00:11:29,550
took some classes.

280
00:11:29,770 --> 00:11:31,190
He upleveled the skills a little bit during

281
00:11:31,190 --> 00:11:31,890
his year off.

282
00:11:32,810 --> 00:11:36,910
The next job he received was a 50

283
00:11:36,910 --> 00:11:41,370
percent increase over his last one, which sounds

284
00:11:41,370 --> 00:11:44,890
great, except the reason it was such a

285
00:11:44,890 --> 00:11:47,750
high increase was because he had been at

286
00:11:47,750 --> 00:11:51,470
his previous employer for 15 years, which means

287
00:11:51,470 --> 00:11:55,130
he had been underpaid for a long time.

288
00:11:55,630 --> 00:11:57,550
And if you love numbers like I love

289
00:11:57,550 --> 00:11:59,850
numbers, if we like run that math a

290
00:11:59,850 --> 00:12:01,710
little bit, let's say he was making a

291
00:12:01,710 --> 00:12:03,670
hundred thousand and he came back at 150.

292
00:12:04,090 --> 00:12:06,270
So he was underpaid for 50,000.

293
00:12:07,250 --> 00:12:09,350
Let's say maybe for eight years.

294
00:12:09,550 --> 00:12:11,030
Well, that's 400,000.

295
00:12:11,510 --> 00:12:14,890
Even if that year off cost him 100,

296
00:12:15,130 --> 00:12:18,190
he's still short 300,000.

297
00:12:18,190 --> 00:12:20,570
And at 40, we like to run the

298
00:12:20,570 --> 00:12:20,870
numbers.

299
00:12:21,030 --> 00:12:22,650
If you had if he had managed to

300
00:12:22,650 --> 00:12:25,970
invest that 300,000 at 40, we're talking

301
00:12:25,970 --> 00:12:29,230
he shorted himself maybe a million dollars in

302
00:12:29,230 --> 00:12:34,090
retirement by not making those strategic career moves.

303
00:12:34,210 --> 00:12:35,690
And he could have been taking many retirements

304
00:12:35,690 --> 00:12:36,390
all along.

305
00:12:36,930 --> 00:12:40,470
So I think in the current economy, thinking

306
00:12:40,470 --> 00:12:44,090
through our career trajectory, as in maybe it

307
00:12:44,090 --> 00:12:46,330
makes sense to make a switch three years,

308
00:12:46,430 --> 00:12:49,310
five years, every 10 years and take this

309
00:12:49,310 --> 00:12:52,210
mini retirement in between to recover from burnout,

310
00:12:52,350 --> 00:12:55,330
to come back fresh, to uplevel our skills.

311
00:12:56,110 --> 00:12:59,450
Because the other reality is this this idea

312
00:12:59,450 --> 00:13:00,790
that you can front load all of your

313
00:13:00,790 --> 00:13:03,310
education by the time you're 22 and that

314
00:13:03,310 --> 00:13:05,910
you never need to learn another skill again.

315
00:13:06,170 --> 00:13:08,430
You never need to uplevel because your job

316
00:13:08,430 --> 00:13:09,410
will never change at all.

317
00:13:09,510 --> 00:13:10,930
And AI is not going to affect it

318
00:13:10,930 --> 00:13:11,830
like that.

319
00:13:12,110 --> 00:13:13,310
I mean, to be true anymore.

320
00:13:14,330 --> 00:13:16,950
Machines are getting really good at being machines.

321
00:13:17,470 --> 00:13:19,770
And I think humans need to get really

322
00:13:19,770 --> 00:13:21,390
good at being humans.

323
00:13:22,130 --> 00:13:24,330
And many retirements give us gives us that

324
00:13:24,330 --> 00:13:24,970
opportunity.

325
00:13:25,430 --> 00:13:27,570
Jillian, I can see I can see the

326
00:13:27,570 --> 00:13:29,830
argument for younger people.

327
00:13:30,070 --> 00:13:32,730
Russ, don't listen for you for younger people

328
00:13:32,730 --> 00:13:35,230
and how that might be a lot easier

329
00:13:35,230 --> 00:13:38,010
to transition in and out and take many

330
00:13:38,010 --> 00:13:38,550
retirements.

331
00:13:38,690 --> 00:13:40,970
But when you get up into your 50s,

332
00:13:40,970 --> 00:13:43,510
you feel like if I and you're in

333
00:13:43,510 --> 00:13:44,850
a good job, you're in a job that

334
00:13:44,850 --> 00:13:45,950
pays you well, it's OK.

335
00:13:46,110 --> 00:13:46,870
Maybe you're burnt out.

336
00:13:46,970 --> 00:13:48,310
Maybe you're not totally satisfied.

337
00:13:48,570 --> 00:13:50,090
But and you'd like to do the mini

338
00:13:50,090 --> 00:13:52,190
retirement or practice retirement, maybe.

339
00:13:52,750 --> 00:13:55,110
But you feel like if I leave this

340
00:13:55,110 --> 00:13:58,570
position and at my age, it's going to

341
00:13:58,570 --> 00:14:00,850
be super hard for me to find an

342
00:14:00,850 --> 00:14:02,810
employer who wants to take me on at

343
00:14:02,810 --> 00:14:04,350
55 or 60.

344
00:14:04,490 --> 00:14:06,530
Is that is that an accurate perception for

345
00:14:06,530 --> 00:14:07,390
that age group?

346
00:14:07,710 --> 00:14:09,690
I think it's a really common fear.

347
00:14:09,690 --> 00:14:10,350
Right.

348
00:14:11,630 --> 00:14:15,150
And so if that fear is overwhelming, I

349
00:14:15,150 --> 00:14:18,230
would start by negotiating that time off, negotiate

350
00:14:18,230 --> 00:14:21,030
a month off, negotiate with myself, with your

351
00:14:21,030 --> 00:14:24,530
current employer, because it has two things.

352
00:14:24,750 --> 00:14:26,570
One, you get that many retirements, you get

353
00:14:26,570 --> 00:14:28,750
to start to experiment with retirement and you're

354
00:14:28,750 --> 00:14:31,350
better prepared for your full retirement.

355
00:14:31,730 --> 00:14:35,150
But also I found once you're really good

356
00:14:35,150 --> 00:14:38,890
at being the exception to one rule, sometimes

357
00:14:38,890 --> 00:14:41,330
you get to be the exception to other

358
00:14:41,330 --> 00:14:41,850
rules.

359
00:14:42,430 --> 00:14:44,750
And I've seen people in this process of

360
00:14:44,750 --> 00:14:47,930
this negotiation and becoming the exception to really

361
00:14:47,930 --> 00:14:50,770
be able to create work roles that are

362
00:14:50,770 --> 00:14:55,350
very interesting, very meaningful, really dynamic for them

363
00:14:55,350 --> 00:14:57,990
and kind of accommodate that work life balance

364
00:14:57,990 --> 00:15:01,190
to where they're not itching to leave at

365
00:15:01,190 --> 00:15:02,090
62 and a half.

366
00:15:02,130 --> 00:15:04,250
They're not they're not so anxious to leave

367
00:15:04,250 --> 00:15:05,750
at 65 or 70.

368
00:15:06,350 --> 00:15:09,510
One, because they've taken multiple many retirements, that

369
00:15:09,510 --> 00:15:11,830
bucket list is kind of satisfied.

370
00:15:11,970 --> 00:15:13,970
They've been doing the stuff all along the

371
00:15:13,970 --> 00:15:14,190
way.

372
00:15:14,350 --> 00:15:16,410
They don't have this huge backlog once they

373
00:15:16,410 --> 00:15:17,110
turn 65.

374
00:15:17,770 --> 00:15:20,190
But also they've been able to carve out

375
00:15:20,190 --> 00:15:23,830
and create these really meaningful, interesting work roles

376
00:15:23,830 --> 00:15:26,990
that work is a huge value add for

377
00:15:26,990 --> 00:15:27,310
them.

378
00:15:27,670 --> 00:15:29,670
And their personal life, they're doing all the

379
00:15:29,670 --> 00:15:30,170
cool things.

380
00:15:30,170 --> 00:15:32,150
They're having all these amazing adventures with their

381
00:15:32,150 --> 00:15:33,230
spouse and their kids.

382
00:15:33,230 --> 00:15:37,970
And that desire to fully retire isn't isn't

383
00:15:37,970 --> 00:15:38,630
as present.

384
00:15:39,250 --> 00:15:42,470
Yeah, I see it's related, but not as

385
00:15:42,470 --> 00:15:44,690
you not as you position it, but where

386
00:15:44,690 --> 00:15:46,370
people have that built up.

387
00:15:47,330 --> 00:15:49,350
Desire to retire, and they do.

388
00:15:50,090 --> 00:15:52,750
And six months later, they're like, hmm.

389
00:15:53,310 --> 00:15:53,630
Yeah.

390
00:15:53,750 --> 00:15:54,130
Hmm.

391
00:15:54,370 --> 00:15:55,630
I wonder if I should go back.

392
00:15:56,150 --> 00:15:56,350
Yeah.

393
00:15:56,450 --> 00:15:57,250
Can I go back?

394
00:15:57,310 --> 00:15:57,950
What can I do?

395
00:15:58,010 --> 00:15:58,210
Right.

396
00:15:58,210 --> 00:16:02,030
Because they're just the idea of retiring and

397
00:16:02,030 --> 00:16:04,530
being on vacation only lasts so long.

398
00:16:04,910 --> 00:16:08,550
Yeah, they're I think sometimes we underestimate the

399
00:16:08,550 --> 00:16:12,250
value of work in our life, in creating

400
00:16:12,250 --> 00:16:15,470
structure and meaning and solving interesting problems and

401
00:16:15,470 --> 00:16:18,010
leveraging our skill set and the collaboration.

402
00:16:18,850 --> 00:16:20,790
But the great thing I've seen when people

403
00:16:20,790 --> 00:16:23,270
start taking many retirements in earnest, like in

404
00:16:23,270 --> 00:16:26,130
their 50s and into their 60s, is they

405
00:16:26,730 --> 00:16:28,830
maybe they end up switching employers and they

406
00:16:28,830 --> 00:16:30,310
find one that's a little bit more flexible.

407
00:16:30,490 --> 00:16:32,930
They start to suss out, how do I

408
00:16:32,930 --> 00:16:36,290
move in and out of seasons of intense

409
00:16:36,290 --> 00:16:38,870
work and seasons of like retirement?

410
00:16:39,470 --> 00:16:42,450
I have one coaching client who kind of

411
00:16:42,450 --> 00:16:44,610
thought she was going to fully retire from

412
00:16:44,610 --> 00:16:48,070
this, you know, important corporate job and ended

413
00:16:48,070 --> 00:16:49,930
up she was in a very male dominated

414
00:16:49,930 --> 00:16:50,490
industry.

415
00:16:50,690 --> 00:16:52,430
But during that time, she had mentored a

416
00:16:52,430 --> 00:16:54,610
lot of other women in this industry.

417
00:16:54,990 --> 00:16:57,970
And when she left, they were all successful

418
00:16:57,970 --> 00:16:59,630
in their own companies and doing their own

419
00:16:59,630 --> 00:16:59,890
thing.

420
00:16:59,970 --> 00:17:01,050
And they're all like, could you?

421
00:17:01,410 --> 00:17:02,490
We have this problem.

422
00:17:02,750 --> 00:17:04,210
Like, would you be able to come and

423
00:17:04,210 --> 00:17:04,510
fix it?

424
00:17:04,530 --> 00:17:05,730
Like, you're the person we trust.

425
00:17:05,849 --> 00:17:07,490
You're the person who's always had this expertise.

426
00:17:07,490 --> 00:17:09,349
Like, could you just come for like three

427
00:17:09,349 --> 00:17:10,210
months or four months?

428
00:17:10,250 --> 00:17:11,290
Like, help me fix this problem.

429
00:17:11,690 --> 00:17:13,150
But I can hire like a normal person

430
00:17:13,150 --> 00:17:13,690
to fill it.

431
00:17:13,730 --> 00:17:15,349
Like if you fix the difficult problem.

432
00:17:15,690 --> 00:17:17,530
And so now she you know, she's in

433
00:17:17,530 --> 00:17:20,190
her later 50s now and she'll work for

434
00:17:20,190 --> 00:17:22,089
three or four months and do this intense

435
00:17:22,089 --> 00:17:22,510
project.

436
00:17:22,510 --> 00:17:25,349
And then she'll like semi-retire for, you

437
00:17:25,349 --> 00:17:26,990
know, three or four or five months and

438
00:17:26,990 --> 00:17:28,790
hang out on the lake and, you know,

439
00:17:28,850 --> 00:17:29,730
hang out on her boat.

440
00:17:29,850 --> 00:17:32,030
And then she'll do this other consulting project.

441
00:17:32,330 --> 00:17:34,770
And why would you ever leave that?

442
00:17:34,890 --> 00:17:36,210
Like, why would you ever stop that?

443
00:17:36,250 --> 00:17:38,990
She has the absolute best of both worlds.

444
00:17:39,150 --> 00:17:39,670
Both worlds.

445
00:17:39,810 --> 00:17:40,810
Yeah, absolutely.

446
00:17:42,090 --> 00:17:43,050
Russ, did you have a question?

447
00:17:43,450 --> 00:17:43,850
I do.

448
00:17:43,990 --> 00:17:44,290
Yeah.

449
00:17:44,830 --> 00:17:46,730
So I've been hearing about this trend of

450
00:17:46,730 --> 00:17:49,810
job hugging for people, you know, millennials and

451
00:17:49,810 --> 00:17:51,890
Gen Z, where it's like in the current

452
00:17:52,670 --> 00:17:54,690
job market, people are really hanging on to

453
00:17:54,690 --> 00:17:56,930
the jobs that they have, as opposed to,

454
00:17:57,010 --> 00:17:58,470
you know, jumping around quite as often as

455
00:17:58,470 --> 00:18:00,210
they might have in previous economies.

456
00:18:01,370 --> 00:18:03,090
Has that kind of come up at all

457
00:18:03,090 --> 00:18:06,530
in your conversations in regards to, you know,

458
00:18:06,550 --> 00:18:09,030
rather than switching jobs, maybe like doing this

459
00:18:09,030 --> 00:18:11,750
sort of mini retirement, also staying, but not

460
00:18:11,750 --> 00:18:14,210
having the fear that, you know, by doing

461
00:18:14,210 --> 00:18:16,110
so in a difficult job market, that might

462
00:18:16,110 --> 00:18:18,490
be at a disadvantage or, you know, make

463
00:18:18,490 --> 00:18:19,390
it not really possible.

464
00:18:19,910 --> 00:18:21,270
I think there's a few factors.

465
00:18:21,270 --> 00:18:24,410
I think in the economy, such a vague,

466
00:18:24,810 --> 00:18:25,210
broad thing.

467
00:18:25,510 --> 00:18:28,770
I always encourage people like your job economy

468
00:18:28,770 --> 00:18:32,190
is your industry specific and it's kind of

469
00:18:32,190 --> 00:18:33,010
you specific.

470
00:18:33,910 --> 00:18:36,050
How many connections do you have?

471
00:18:36,350 --> 00:18:39,330
How marketable are you specifically compared to your

472
00:18:39,330 --> 00:18:39,710
co-workers?

473
00:18:39,790 --> 00:18:41,170
So just the fact that your co-worker

474
00:18:41,170 --> 00:18:44,350
can get a job might have no reflection

475
00:18:44,350 --> 00:18:48,310
on your ability, but sussing out kind of

476
00:18:48,310 --> 00:18:52,270
your current profession your marketability.

477
00:18:52,490 --> 00:18:53,990
There are a lot of people who opt

478
00:18:53,990 --> 00:18:56,750
to just negotiate that time off and that

479
00:18:56,750 --> 00:18:57,550
feels better.

480
00:18:58,070 --> 00:19:01,330
You know, I think honestly, like minimum, minimum

481
00:19:01,330 --> 00:19:03,470
effective dose if people could do one in

482
00:19:03,470 --> 00:19:05,970
a decade, I think it would be amazing

483
00:19:06,630 --> 00:19:09,010
and perhaps even more enjoyable to be one

484
00:19:09,010 --> 00:19:10,930
every five years, every three years.

485
00:19:11,090 --> 00:19:12,850
But what a decade, the good start.

486
00:19:13,450 --> 00:19:15,610
And so it might be negotiating that off

487
00:19:15,610 --> 00:19:17,650
with your current employer and you work there

488
00:19:17,650 --> 00:19:19,550
three more years and then maybe you get

489
00:19:19,550 --> 00:19:20,910
laid off and you're like, well, that's a

490
00:19:20,910 --> 00:19:21,490
bummer, except.

491
00:19:22,390 --> 00:19:24,270
Now, maybe I take a six month break.

492
00:19:24,490 --> 00:19:26,310
And then and the cool thing when you

493
00:19:26,310 --> 00:19:29,370
take when you frame a layoff as a

494
00:19:29,370 --> 00:19:31,310
mini retirement and you have money planned and

495
00:19:31,310 --> 00:19:33,650
you have these of this term called mini

496
00:19:33,650 --> 00:19:35,930
retirement go bag, you said you've set some

497
00:19:35,930 --> 00:19:38,050
money aside, you have all these cool plans

498
00:19:38,050 --> 00:19:40,450
and these ideas and you go do something

499
00:19:40,450 --> 00:19:43,290
interesting because a whole bunch of other people

500
00:19:43,290 --> 00:19:45,190
in your field are probably also laid off

501
00:19:45,190 --> 00:19:47,010
and you're all competing for the same jobs.

502
00:19:47,610 --> 00:19:49,150
They stayed home and watched Netflix.

503
00:19:50,490 --> 00:19:52,510
You went and traveled and you learned a

504
00:19:52,510 --> 00:19:54,730
language and you did these courses and like

505
00:19:54,730 --> 00:19:59,210
your resume looks different and you interview different

506
00:19:59,210 --> 00:20:02,230
because you're not worn down from the discouragement

507
00:20:02,230 --> 00:20:03,970
of being laid off.

508
00:20:04,370 --> 00:20:06,110
You have an energy, you have an optimism,

509
00:20:06,430 --> 00:20:07,990
you've done some cool stuff.

510
00:20:08,130 --> 00:20:10,290
And the reality is sometimes people are like,

511
00:20:10,530 --> 00:20:12,530
well, but if I go do cool things,

512
00:20:12,570 --> 00:20:14,330
people are going to think I'm flaky or

513
00:20:14,330 --> 00:20:14,770
lazy.

514
00:20:15,230 --> 00:20:18,410
The reality is to plan it around the

515
00:20:18,410 --> 00:20:21,910
world trip and execute that is logistically challenging.

516
00:20:22,230 --> 00:20:22,950
It takes vision.

517
00:20:23,110 --> 00:20:23,910
It takes creativity.

518
00:20:24,130 --> 00:20:27,190
It takes courage to do interesting stuff with

519
00:20:27,190 --> 00:20:27,850
your life.

520
00:20:28,370 --> 00:20:29,650
And when you're sitting in front of another

521
00:20:29,650 --> 00:20:31,950
person and you've done a whole bunch of

522
00:20:31,950 --> 00:20:34,410
interesting stuff, like there are also people and

523
00:20:34,410 --> 00:20:35,490
they're like, oh, that's interesting.

524
00:20:35,570 --> 00:20:37,410
Like you didn't just stay home and watch

525
00:20:37,410 --> 00:20:39,170
Netflix and apply for jobs for the last

526
00:20:39,170 --> 00:20:39,750
six months.

527
00:20:41,430 --> 00:20:42,310
Do you think?

528
00:20:42,310 --> 00:20:43,150
Go ahead, bro.

529
00:20:43,210 --> 00:20:43,430
Sorry.

530
00:20:43,530 --> 00:20:43,790
Yeah.

531
00:20:43,890 --> 00:20:46,290
Sticking on that topic of planning, I'm curious

532
00:20:46,290 --> 00:20:49,770
about how you think about planning these many

533
00:20:49,770 --> 00:20:50,350
retirements.

534
00:20:50,410 --> 00:20:52,310
If you're talking about one every three or

535
00:20:52,310 --> 00:20:55,330
five years, like you have different savings buckets

536
00:20:55,330 --> 00:20:56,710
for those different trips.

537
00:20:56,890 --> 00:20:59,270
Like how far in advance do you set

538
00:20:59,270 --> 00:20:59,890
those in motion?

539
00:20:59,970 --> 00:21:01,870
And do you have like what your, you

540
00:21:01,870 --> 00:21:03,710
know, third mini retirement in the future?

541
00:21:03,750 --> 00:21:04,770
What that's going to look like?

542
00:21:04,790 --> 00:21:06,970
You know, how does how do you coordinate

543
00:21:06,970 --> 00:21:07,470
all that?

544
00:21:08,690 --> 00:21:10,950
I think it's a good practice, even if

545
00:21:10,950 --> 00:21:14,510
you don't have the next one planned to

546
00:21:14,510 --> 00:21:16,770
start squirreling away a little bit of money.

547
00:21:17,630 --> 00:21:18,670
I think about it.

548
00:21:18,730 --> 00:21:21,070
You know, we have emergency funds, but I

549
00:21:21,070 --> 00:21:23,110
think about it more like the opportunity fund

550
00:21:23,110 --> 00:21:25,670
because there are planned mini retirements.

551
00:21:26,190 --> 00:21:27,290
I say there's three ways you can take

552
00:21:27,290 --> 00:21:27,830
a mini retirement.

553
00:21:27,970 --> 00:21:29,090
You can negotiate it off.

554
00:21:29,570 --> 00:21:30,870
You can do it in between jobs.

555
00:21:31,350 --> 00:21:33,370
The third way is sometimes life just throws

556
00:21:33,370 --> 00:21:37,070
you something unexpected and you're not going to

557
00:21:37,070 --> 00:21:39,370
work on Monday for a whole variety of

558
00:21:39,370 --> 00:21:39,870
reasons.

559
00:21:40,510 --> 00:21:43,270
And so you can do these unplanned ones,

560
00:21:43,430 --> 00:21:44,430
but you need a little bit of money

561
00:21:44,430 --> 00:21:45,070
set aside.

562
00:21:45,630 --> 00:21:49,570
And ideally, you will have brainstormed a couple

563
00:21:49,570 --> 00:21:52,610
options because I find when those unexpected opportunities

564
00:21:52,610 --> 00:21:54,590
show up, it's usually a little bit negative.

565
00:21:54,890 --> 00:21:56,790
And it can be tough to shift that

566
00:21:56,790 --> 00:21:59,970
emotional energy from like, I'm discouraged this thing

567
00:21:59,970 --> 00:22:02,850
happened to I'm ready for an exciting adventure.

568
00:22:03,190 --> 00:22:04,870
And if but if you've already planned the

569
00:22:04,870 --> 00:22:07,810
adventure, you've already done the emotional, mental work

570
00:22:07,810 --> 00:22:09,630
of coming up with those ideas.

571
00:22:09,870 --> 00:22:11,550
It's so much easier to pivot.

572
00:22:13,050 --> 00:22:14,750
And then it's like an opportunity and it's

573
00:22:14,750 --> 00:22:15,350
more exciting.

574
00:22:15,910 --> 00:22:16,870
Yeah, it happens.

575
00:22:17,150 --> 00:22:18,750
You get a couple of days of mourning

576
00:22:18,750 --> 00:22:20,970
the loss and then you're like, let's go.

577
00:22:22,470 --> 00:22:24,330
So my guess is some of our listeners

578
00:22:24,330 --> 00:22:25,310
are getting excited.

579
00:22:27,190 --> 00:22:27,710
Hopefully.

580
00:22:28,230 --> 00:22:28,590
Right.

581
00:22:29,230 --> 00:22:31,750
So let's talk about some of the downsides.

582
00:22:31,870 --> 00:22:33,890
So what are some common mistakes that people

583
00:22:33,890 --> 00:22:37,630
make in this area of mini retirements or

584
00:22:37,630 --> 00:22:38,710
practice retirements?

585
00:22:38,710 --> 00:22:42,290
Yes, it can go off the rails, though.

586
00:22:42,590 --> 00:22:43,350
It's amusing.

587
00:22:43,830 --> 00:22:46,130
It's usually never the things people are worried

588
00:22:46,130 --> 00:22:48,250
about on the on the front end, finding

589
00:22:48,250 --> 00:22:50,950
a job, health care, the money, like for

590
00:22:50,950 --> 00:22:53,110
whatever reason, that stuff usually sorts itself out.

591
00:22:53,370 --> 00:22:54,650
But things do go awry.

592
00:22:55,030 --> 00:22:57,950
One of them is people are really burned

593
00:22:57,950 --> 00:22:59,470
out and they have this huge backlog.

594
00:22:59,930 --> 00:23:01,290
And so they're like, I'm going to do

595
00:23:01,290 --> 00:23:04,490
87 different things during my mini retirement and

596
00:23:04,490 --> 00:23:05,370
they're burned out.

597
00:23:05,370 --> 00:23:08,610
Um, you will accomplish far less than you

598
00:23:08,610 --> 00:23:09,590
think you will accomplish.

599
00:23:10,150 --> 00:23:12,050
Things will just take a lot longer.

600
00:23:12,590 --> 00:23:15,910
And sometimes that burnout is much more severe

601
00:23:15,910 --> 00:23:19,070
than you realize while you're in it, because

602
00:23:19,070 --> 00:23:22,170
one of the ways our bodies are just

603
00:23:22,170 --> 00:23:24,610
like so smart and brilliant, like the function

604
00:23:24,610 --> 00:23:25,970
of burnout is to get you out of

605
00:23:25,970 --> 00:23:26,570
a situation.

606
00:23:26,890 --> 00:23:29,590
And so it keeps your adrenaline high, your

607
00:23:29,590 --> 00:23:30,310
cortisol high.

608
00:23:30,390 --> 00:23:32,610
Like it gives you the motivation to keep

609
00:23:32,610 --> 00:23:33,110
going.

610
00:23:33,810 --> 00:23:37,350
But once your body goes, oh, we're safe

611
00:23:37,350 --> 00:23:40,410
and we have access to rest, you will

612
00:23:40,410 --> 00:23:43,630
feel the full weight of that fatigue.

613
00:23:44,050 --> 00:23:46,670
All of those hormones will rebalance and you'll

614
00:23:46,670 --> 00:23:47,890
be like, oh, I'm tired.

615
00:23:48,150 --> 00:23:49,910
I thought I was going to clean out

616
00:23:49,910 --> 00:23:50,470
the garage.

617
00:23:50,570 --> 00:23:51,730
And all I want to do is take

618
00:23:51,730 --> 00:23:52,670
a nap right now.

619
00:23:52,730 --> 00:23:55,310
And that can really throw people for a

620
00:23:55,310 --> 00:23:55,550
loop.

621
00:23:56,670 --> 00:23:56,790
Yeah.

622
00:23:56,850 --> 00:23:59,310
Any other mistakes that people make other than

623
00:23:59,310 --> 00:24:00,730
like the physical stuff like.

624
00:24:01,810 --> 00:24:03,990
That to it, they're too ambitious and they

625
00:24:03,990 --> 00:24:04,930
might need some rest.

626
00:24:05,370 --> 00:24:05,710
Anything else?

627
00:24:07,410 --> 00:24:12,970
Well, so work, work is a fantastic distraction

628
00:24:14,090 --> 00:24:16,270
from what I call like the messy kitchen.

629
00:24:16,610 --> 00:24:18,010
Before when I worked a nine to five,

630
00:24:18,090 --> 00:24:21,350
like sometimes, you know, be making dinner and

631
00:24:21,350 --> 00:24:23,510
it'd be really messy and like tired.

632
00:24:23,790 --> 00:24:25,250
And so just leave it in the morning,

633
00:24:25,330 --> 00:24:26,550
like trying to rush into the house, you

634
00:24:26,550 --> 00:24:27,990
know, the kids are like, ah, just leave

635
00:24:27,990 --> 00:24:28,150
it.

636
00:24:28,410 --> 00:24:30,190
And it's fine because I went to work

637
00:24:30,190 --> 00:24:30,710
all day.

638
00:24:30,710 --> 00:24:32,930
And I didn't have to see the messy

639
00:24:32,930 --> 00:24:33,330
kitchen.

640
00:24:35,530 --> 00:24:38,490
Sometimes in a mini retirement, you're just in

641
00:24:38,490 --> 00:24:40,450
the kitchen and you're like, oh, it's messy.

642
00:24:40,650 --> 00:24:43,150
I was I was able to successfully ignore

643
00:24:43,150 --> 00:24:44,490
all of this before.

644
00:24:44,730 --> 00:24:46,810
And now I'm like living in it all

645
00:24:46,810 --> 00:24:47,350
day long.

646
00:24:47,670 --> 00:24:49,770
And so sometimes a mini retirement, it doesn't

647
00:24:49,770 --> 00:24:53,550
necessarily create problems, but it reveals problems that

648
00:24:53,550 --> 00:24:55,070
were there all along.

649
00:24:55,850 --> 00:24:57,230
It was kind of like COVID.

650
00:24:57,450 --> 00:24:58,670
And all of a sudden we were like

651
00:24:58,670 --> 00:24:59,870
stuck with our spouses.

652
00:24:59,870 --> 00:25:01,790
And a few people were like, hey, actually,

653
00:25:01,930 --> 00:25:03,370
I don't like hanging out with this person

654
00:25:03,370 --> 00:25:04,050
that much.

655
00:25:04,890 --> 00:25:06,030
It was way better.

656
00:25:06,130 --> 00:25:07,370
And we never saw each other.

657
00:25:08,270 --> 00:25:10,770
We see that in the full retirements.

658
00:25:10,910 --> 00:25:11,450
Oh, yeah.

659
00:25:11,570 --> 00:25:12,270
Great divorce.

660
00:25:12,510 --> 00:25:12,630
Yeah.

661
00:25:12,770 --> 00:25:13,670
A hundred percent.

662
00:25:13,830 --> 00:25:15,130
And this is a great opportunity.

663
00:25:15,250 --> 00:25:17,850
So I tell people many retirements, well, it

664
00:25:17,850 --> 00:25:19,090
reveals challenges.

665
00:25:19,190 --> 00:25:22,050
It's also the perfect opportunity to fix those

666
00:25:22,050 --> 00:25:24,890
challenges, whether that is we need better communication

667
00:25:24,890 --> 00:25:27,210
skills or actually me and my kids aren't

668
00:25:27,210 --> 00:25:28,250
as close as we thought.

669
00:25:28,250 --> 00:25:31,110
Or I've been out running this trauma from

670
00:25:31,110 --> 00:25:33,730
childhood by being super successful at work.

671
00:25:33,810 --> 00:25:35,970
Maybe I should actually go to therapy and

672
00:25:35,970 --> 00:25:37,290
sort some of this stuff out.

673
00:25:38,310 --> 00:25:40,990
But it helps you kind of micro dose

674
00:25:40,990 --> 00:25:43,890
this this growth and this progress so that

675
00:25:43,890 --> 00:25:46,790
when you do fully retire and you're staring

676
00:25:46,790 --> 00:25:48,610
down the barrel in the next 30 years,

677
00:25:48,610 --> 00:25:49,970
you're not like, oh, crap.

678
00:25:50,310 --> 00:25:52,250
I have all this stuff that I've avoided.

679
00:25:52,290 --> 00:25:55,250
The first 65 years is all catching up

680
00:25:55,250 --> 00:25:55,590
with me.

681
00:25:55,590 --> 00:25:57,450
We might as well just like I guess

682
00:25:57,450 --> 00:25:59,390
we'll just like take it in little chunks,

683
00:25:59,510 --> 00:26:01,430
sort things out as we go.

684
00:26:02,450 --> 00:26:04,950
Julian, how do you handle this as a

685
00:26:04,950 --> 00:26:05,430
family?

686
00:26:05,730 --> 00:26:08,410
You mentioned you have a number of children.

687
00:26:09,230 --> 00:26:13,330
You and your husband presumably work simultaneously at

688
00:26:13,330 --> 00:26:13,730
times.

689
00:26:15,190 --> 00:26:18,610
Someone takes that one month.

690
00:26:18,610 --> 00:26:20,670
I can see how you could logistically make

691
00:26:20,670 --> 00:26:21,110
that work.

692
00:26:21,550 --> 00:26:23,590
But if you're dealing with a six month

693
00:26:23,590 --> 00:26:26,750
break, is that something you're doing together or

694
00:26:26,750 --> 00:26:30,130
is that something where you one person is

695
00:26:30,130 --> 00:26:32,970
still working and and how does it affect

696
00:26:32,970 --> 00:26:36,030
family life and all this kind of challenging

697
00:26:36,030 --> 00:26:37,610
logistics?

698
00:26:38,170 --> 00:26:39,810
People do it both ways.

699
00:26:40,150 --> 00:26:43,350
Sometimes, you know, I always say, like, start

700
00:26:43,350 --> 00:26:44,910
with like the lowest hanging fruit.

701
00:26:45,050 --> 00:26:46,210
Start with whatever is easy.

702
00:26:46,270 --> 00:26:48,230
If it's negotiating a month off, start there.

703
00:26:48,310 --> 00:26:52,770
If it's one spouse staying, you know, being

704
00:26:52,770 --> 00:26:54,410
able to like take a mini retirement and

705
00:26:54,410 --> 00:26:55,390
the other one keeps working.

706
00:26:55,490 --> 00:26:56,950
You've got income, you've got health care.

707
00:26:57,010 --> 00:26:58,210
You don't have to stress about that.

708
00:26:58,330 --> 00:27:00,530
Like, it's totally cool to take turns.

709
00:27:01,490 --> 00:27:03,570
And the great thing about taking turns is

710
00:27:03,570 --> 00:27:04,870
that you'll recover from burnout.

711
00:27:05,050 --> 00:27:05,650
You'll catch up.

712
00:27:05,730 --> 00:27:07,290
You'll invest in your health, your hobbies, your

713
00:27:07,290 --> 00:27:07,770
relationships.

714
00:27:08,310 --> 00:27:10,390
And then maybe, I don't know, five years,

715
00:27:10,490 --> 00:27:10,970
ten years.

716
00:27:11,090 --> 00:27:12,870
You're both able to do it together.

717
00:27:13,470 --> 00:27:15,570
But you you don't start at this massive

718
00:27:15,570 --> 00:27:16,010
deficit.

719
00:27:16,010 --> 00:27:18,410
Like you've been doing the maintenance all along.

720
00:27:18,950 --> 00:27:22,650
And so sometimes with if one partner is

721
00:27:22,650 --> 00:27:25,230
doing it, it can be great because you

722
00:27:25,230 --> 00:27:26,830
can kind of just catch up on life

723
00:27:26,830 --> 00:27:27,310
as well.

724
00:27:27,370 --> 00:27:29,070
And they can have time for hobbies and

725
00:27:29,070 --> 00:27:29,530
interests.

726
00:27:29,930 --> 00:27:31,550
And sometimes it does take a little bit

727
00:27:31,550 --> 00:27:33,630
of that load off of the working partner.

728
00:27:33,750 --> 00:27:35,510
So their life improves a little bit, too.

729
00:27:35,850 --> 00:27:38,730
But that's another challenge I talk about in

730
00:27:38,730 --> 00:27:38,990
the book.

731
00:27:39,150 --> 00:27:44,090
Specifically, if one partner is taking off and

732
00:27:44,090 --> 00:27:49,170
the other one's still working, those unexpected expectations

733
00:27:49,170 --> 00:27:52,270
can arise and it takes more communication.

734
00:27:52,470 --> 00:27:53,630
So I encourage people to do like a

735
00:27:53,630 --> 00:27:54,430
weekly check in.

736
00:27:54,830 --> 00:27:55,950
How is this working for you?

737
00:27:56,090 --> 00:27:57,550
How is this working for me?

738
00:27:57,890 --> 00:27:58,890
What are the challenges?

739
00:27:59,310 --> 00:28:01,430
What are feelings that we didn't know we

740
00:28:01,430 --> 00:28:03,030
would feel but are now bubbling up?

741
00:28:03,190 --> 00:28:06,330
Like, hey, I, I, I assumed, I guess,

742
00:28:06,470 --> 00:28:08,450
that being you were going to be off

743
00:28:08,450 --> 00:28:10,070
work, you would be taking the kids to

744
00:28:10,070 --> 00:28:10,970
all the dentist appointments.

745
00:28:11,030 --> 00:28:12,570
Like, I didn't know that would still fall

746
00:28:12,570 --> 00:28:13,090
on me.

747
00:28:13,090 --> 00:28:16,250
Like, but you need that opportunity to have

748
00:28:16,250 --> 00:28:19,510
those conversations outside of times when you're like

749
00:28:19,510 --> 00:28:21,770
unloading the dishwasher and super frustrated.

750
00:28:23,530 --> 00:28:25,170
But when you do it as a family,

751
00:28:25,270 --> 00:28:28,630
like that's another amazing opportunity to do long

752
00:28:28,630 --> 00:28:30,830
term travel or slow travel or these other

753
00:28:30,830 --> 00:28:34,190
really big adventures and give your kids this

754
00:28:34,190 --> 00:28:37,750
kind of once in a lifetime experience for

755
00:28:37,750 --> 00:28:39,570
them and for you, like you might only

756
00:28:39,570 --> 00:28:42,990
have, you know, these moments of whether your

757
00:28:42,990 --> 00:28:45,350
kids are young or whether, you know, maybe

758
00:28:45,350 --> 00:28:49,710
it's their junior year summer of college.

759
00:28:49,830 --> 00:28:50,830
And this might be one of the last

760
00:28:50,830 --> 00:28:52,990
chances you have to travel Europe for two

761
00:28:52,990 --> 00:28:54,670
months with them before they go off and

762
00:28:54,670 --> 00:28:56,310
have a career and a family and all

763
00:28:56,310 --> 00:28:56,730
of that.

764
00:28:57,810 --> 00:28:58,670
Yeah, very interesting.

765
00:29:00,770 --> 00:29:02,130
I know we've covered a lot.

766
00:29:02,190 --> 00:29:03,890
I wanted to ask one other thing, because

767
00:29:03,890 --> 00:29:07,530
it probably relates to your conversation on the

768
00:29:07,530 --> 00:29:09,110
podcast that I mentioned.

769
00:29:09,390 --> 00:29:10,890
And that is, how do you help people

770
00:29:10,890 --> 00:29:15,030
find what's really important to them to do

771
00:29:15,730 --> 00:29:18,770
with the time that they need to rejuvenate

772
00:29:18,770 --> 00:29:22,810
to and maybe find their passion for what

773
00:29:22,810 --> 00:29:24,390
they're headed toward in retirement?

774
00:29:26,430 --> 00:29:28,910
Yeah, the whole for I broke the book

775
00:29:28,910 --> 00:29:31,150
into four sections in the whole first section

776
00:29:31,150 --> 00:29:35,490
is figuring out that what's the right thing

777
00:29:35,490 --> 00:29:37,170
for your next mini retirement?

778
00:29:38,050 --> 00:29:40,890
What are the things that feel really important

779
00:29:40,890 --> 00:29:41,670
right now?

780
00:29:42,090 --> 00:29:44,830
Maybe urgent right now, as in what is

781
00:29:44,830 --> 00:29:45,790
it that you really want?

782
00:29:45,910 --> 00:29:47,070
And is it what is it that maybe

783
00:29:47,070 --> 00:29:47,790
you need?

784
00:29:48,850 --> 00:29:51,310
Because it can be it can be easy

785
00:29:51,310 --> 00:29:53,150
to be like, I've got a bucket list

786
00:29:53,150 --> 00:29:54,150
of all of these things.

787
00:29:54,170 --> 00:29:55,190
I'm going to try to do all of

788
00:29:55,190 --> 00:29:58,830
them at once, which we talked about doesn't

789
00:29:58,830 --> 00:30:00,390
doesn't work exceptionally well.

790
00:30:01,050 --> 00:30:04,030
And so there's a few things, a few

791
00:30:04,030 --> 00:30:06,710
different filters that I kind of work through

792
00:30:06,710 --> 00:30:09,450
one, like financially, like let's front load the

793
00:30:09,450 --> 00:30:10,330
affordable ones.

794
00:30:10,470 --> 00:30:12,610
But also one of the things I consider

795
00:30:12,610 --> 00:30:15,410
is seasons of life that have an expiration

796
00:30:15,410 --> 00:30:15,870
date.

797
00:30:16,710 --> 00:30:19,790
Sometimes we have this feeling of I'm in

798
00:30:19,790 --> 00:30:22,330
this season right now, but it's it's going

799
00:30:22,330 --> 00:30:24,670
to be ending soon or it might end

800
00:30:24,670 --> 00:30:24,970
soon.

801
00:30:25,110 --> 00:30:26,750
You know, I did I did a 10

802
00:30:26,750 --> 00:30:28,490
week road trip with my kiddos when they

803
00:30:28,490 --> 00:30:30,830
were all little to 10 national parks in

804
00:30:30,830 --> 00:30:31,630
a pop up camper.

805
00:30:31,870 --> 00:30:33,470
And I remember being on that trip and

806
00:30:33,470 --> 00:30:35,910
going, oh, I couldn't do this in 20

807
00:30:35,910 --> 00:30:36,430
years.

808
00:30:36,610 --> 00:30:38,750
Like this wouldn't wait till I'm 65.

809
00:30:39,030 --> 00:30:40,710
I couldn't I couldn't pack a bunch of

810
00:30:40,710 --> 00:30:42,510
50 year olds in a pop up camper

811
00:30:42,510 --> 00:30:44,050
for 10 weeks with me.

812
00:30:44,290 --> 00:30:46,990
Like that season was going to expire.

813
00:30:47,150 --> 00:30:49,510
And you might be feeling that with sometimes

814
00:30:49,510 --> 00:30:50,930
it's an age thing, you know, with your

815
00:30:50,930 --> 00:30:51,290
parents.

816
00:30:51,290 --> 00:30:52,390
You're like right now.

817
00:30:52,930 --> 00:30:54,910
Yeah, they could hike through Ireland with me.

818
00:30:55,430 --> 00:30:56,730
Can they in 10 years?

819
00:30:56,730 --> 00:30:58,130
I don't know.

820
00:30:58,250 --> 00:31:00,950
Like this season of life might be coming

821
00:31:00,950 --> 00:31:01,890
to a close.

822
00:31:02,670 --> 00:31:06,090
And maybe it's in your own health or

823
00:31:06,090 --> 00:31:07,730
just, you know, those transitions.

824
00:31:08,410 --> 00:31:11,070
I had someone do someone I was talking

825
00:31:11,070 --> 00:31:14,430
to did a mini retirement just before him

826
00:31:14,430 --> 00:31:16,790
and his wife decided to start having kids.

827
00:31:16,790 --> 00:31:18,750
They're like, this is we know, like this

828
00:31:18,750 --> 00:31:20,430
season, I must be able to travel through

829
00:31:20,430 --> 00:31:22,890
Southeast Asia and do these crazy trips.

830
00:31:22,890 --> 00:31:25,410
Like it's going to be on hiatus for

831
00:31:25,410 --> 00:31:27,270
the next 15, 20 years.

832
00:31:27,430 --> 00:31:30,190
So like, I think that can be a

833
00:31:30,190 --> 00:31:30,750
good filter.

834
00:31:30,890 --> 00:31:32,250
Is there anything in your life that you

835
00:31:32,250 --> 00:31:34,870
feel like we could use this now, but

836
00:31:34,870 --> 00:31:37,550
it's not guaranteed in five or 10 more

837
00:31:37,550 --> 00:31:38,070
years?

838
00:31:38,990 --> 00:31:40,750
Well, you're saying with the parents, I mean,

839
00:31:40,890 --> 00:31:41,590
you never know.

840
00:31:41,690 --> 00:31:42,950
So we can be around, right?

841
00:31:43,090 --> 00:31:43,990
In that scenario.

842
00:31:44,750 --> 00:31:45,150
Yeah.

843
00:31:45,350 --> 00:31:45,450
Yeah.

844
00:31:46,650 --> 00:31:49,290
No, I was just thinking I I have

845
00:31:49,290 --> 00:31:51,610
a granddaughter in college and I said to

846
00:31:51,610 --> 00:31:53,130
her, where do you want to go?

847
00:31:53,190 --> 00:31:53,990
Anywhere in the world?

848
00:31:54,250 --> 00:31:56,670
And, you know, maybe next summer before she

849
00:31:56,670 --> 00:31:59,030
gets out there in the world and do

850
00:31:59,030 --> 00:32:01,470
something, you know, just my wife and myself

851
00:32:01,470 --> 00:32:01,910
and her.

852
00:32:02,410 --> 00:32:04,690
Because after that, she's not going to be

853
00:32:04,690 --> 00:32:05,270
able to do it.

854
00:32:05,590 --> 00:32:06,550
She's not going to be able to do

855
00:32:06,550 --> 00:32:08,030
the employed or something.

856
00:32:08,250 --> 00:32:09,610
Or I hope so.

857
00:32:09,650 --> 00:32:11,230
I hope that's the idea of college.

858
00:32:11,410 --> 00:32:12,290
You know, you can take them.

859
00:32:13,590 --> 00:32:13,950
Yeah.

860
00:32:14,890 --> 00:32:15,250
Yeah.

861
00:32:15,490 --> 00:32:16,150
There you go.

862
00:32:17,690 --> 00:32:20,450
So where do people find your book, Retire

863
00:32:20,450 --> 00:32:22,630
Often, what's the best way to someone to

864
00:32:22,630 --> 00:32:23,650
purchase this?

865
00:32:24,190 --> 00:32:25,670
It's available everywhere.

866
00:32:26,250 --> 00:32:28,250
If you go to retire often dot com,

867
00:32:28,390 --> 00:32:30,070
you can find the book.

868
00:32:30,190 --> 00:32:33,310
I've got coaching some free worksheets of like

869
00:32:33,310 --> 00:32:35,230
different ideas of how to how to figure

870
00:32:35,230 --> 00:32:36,170
out what to do.

871
00:32:36,850 --> 00:32:37,290
Yeah.

872
00:32:37,350 --> 00:32:38,030
All of my stuff.

873
00:32:38,070 --> 00:32:39,630
It lives at Retire Often dot com.

874
00:32:39,710 --> 00:32:41,250
I have a really unhinged newsletter, if you

875
00:32:41,250 --> 00:32:42,150
like that sort of thing.

876
00:32:42,970 --> 00:32:45,310
And on social media, I'm at Jillian Jonsrud.

877
00:32:45,310 --> 00:32:46,810
Thanks for being with us.

878
00:32:47,070 --> 00:32:49,370
And until next time, everybody keeps striving for

879
00:32:49,370 --> 00:32:50,030
something more.

880
00:32:51,290 --> 00:32:53,670
Thank you for listening to something more with

881
00:32:53,670 --> 00:32:54,350
Chris Boyd.

882
00:32:54,510 --> 00:32:56,810
Call us for help, whether it's for financial

883
00:32:56,810 --> 00:33:00,750
planning or portfolio management, insurance concerns or those

884
00:33:00,750 --> 00:33:02,790
quality of life issues that make the money

885
00:33:02,790 --> 00:33:03,890
matters matter.

886
00:33:04,210 --> 00:33:05,250
Whatever's on your mind.

887
00:33:05,350 --> 00:33:07,530
Visit us at something more with Chris Boyd

888
00:33:07,530 --> 00:33:10,210
dot com or call us toll free at

889
00:33:10,210 --> 00:33:13,350
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890
00:33:13,350 --> 00:33:14,350
zero one.

891
00:33:14,350 --> 00:33:16,930
Or send us your questions to A.M

892
00:33:16,930 --> 00:33:20,190
.R. Dash info at Wealth Enhancement dot com.

893
00:33:20,590 --> 00:33:22,330
You're listening to something more with Chris Boyd.

894
00:33:22,330 --> 00:33:23,190
Financial talk show.

895
00:33:23,270 --> 00:33:25,790
Wealth Enhancement Advisory Services and Jay Christopher Boyd

896
00:33:25,790 --> 00:33:28,090
provide investment advice on an individual basis to

897
00:33:28,090 --> 00:33:28,650
clients only.

898
00:33:28,770 --> 00:33:30,790
Proper advice depends on a complete analysis of

899
00:33:30,790 --> 00:33:31,970
all facts and circumstances.

900
00:33:32,230 --> 00:33:34,070
The information given on this program is general

901
00:33:34,070 --> 00:33:36,110
financial comments and cannot be relied upon as

902
00:33:36,110 --> 00:33:37,710
pertaining to your specific situation.

903
00:33:37,890 --> 00:33:39,870
Wealth Enhancement Group cannot guarantee that using the

904
00:33:39,870 --> 00:33:41,870
information from this show will generate profits or

905
00:33:41,870 --> 00:33:42,990
ensure freedom from loss.

906
00:33:42,990 --> 00:33:45,330
Listeners should consult their own financial advisors or

907
00:33:45,330 --> 00:33:47,450
conduct their own due diligence before making any

908
00:33:47,450 --> 00:33:48,210
financial decisions.