What are the non-financial aspects you need to plan for five years before retirement?

Retirement isn’t the end. It will last decades, and five years before you retire is when you should start thinking about what you actually want that life to look like. Most people focus on what they’re retiring FROM, but the better question is what are you retiring TO? When you start thinking about your ideal lifestyle, your community, your home, how you spend your time, and whether work still plays a role, you may realize something important. You don’t have to wait. You can start living that life now.

Episode References

MMS #6. The difference between well-being and happiness and why you need to choose to be happy to actually be happy.
MMS #7. The impact of friends, family, and communities on happiness is larger than you might think. Listen through the end to find out why.
MMS #15. George Kinder: Three life questions that will change everything.
MMS #129. Ideal day, week...and societal expectations?
MMS #130. Manage expectations to cultivate your ideal year.

Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Bay Area Financial Planner with GraystoneAdvisor.com, and Trishul is an East Coast Wealth Manager (InvestingForever.com). MindMoneySpectrum.com and YouTube.

You're already won. It's time to take some risk off the table.

Five years before retirement is when real planning begins. This is the time to shift from pure growth to an income strategy, reduce sequence of returns risk, and design a withdrawal plan that supports your lifestyle. We’ll cover portfolio transitions, withdrawal rates, and decumulation strategies so you can retire with confidence instead of guesswork.

Episode References
MMS #5. The 4% rule is a good start, but betting your life on it can burn you.
MMS #12. Sequence of Returns Risk: Why the first few years of withdrawals are the most critical.
MMS #29. Want to retire before you turn 70? Tee up big savings with these tips.

Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Bay Area Financial Planner with GraystoneAdvisor.com, and Trishul is an East Coast Wealth Manager (InvestingForever.com). MindMoneySpectrum.com and YouTube.

How does a shrinking population affect the stock market?

Stock market growth comes from economic growth plus leverage. Economic growth comes from population growth plus productivity growth. Population growth comes from fertility rates and immigration. But what happens when a population stops having children? What does that mean for the economy and, ultimately, the stock market?

Aaron and Trishul walk through the data behind global population trends, using Japan as a cautionary example.

Episode References

MMS #157. What the hell is jobless growth?
MMS #119. What if we live forever?
Global GDP
World Population
Global Fertility Rate
US Population
US Fertility Rate
Japan Population
Europe Fertility Rate
Data Insights
Pew Research: Pop Growth in 100 Years
Life Expectancy
Birth Rate By Country
GDP By Country
Fertility Rates
Largest Countries by GDP
NIKKEI
ACWI

Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Bay Area Financial Planner with GraystoneAdvisor.com, and Trishul is an East Coast Wealth Manager (InvestingForever.com). MindMoneySpectrum.com and YouTube.