SPI 897: Why We Need to Forget About Retirement

Pat Flynn interviews Derek Coburn, the author of "Let's Retire Retirement," about rethinking the traditional approach to retirement. Coburn challenges the conventional wisdom of saving aggressively for retirement at 65, arguing that many people find retirement unfulfilling and miss the contribution and connection of work. He suggests that planning to work longer can free up time and money in the present for experiences, relationships, and personal well-being. Coburn advocates for a more balanced approach to life, enjoying the present while still planning for the future, and diversifying savings into accounts that allow for tax-free withdrawals. The discussion covers strategies for incorporating work into later life, the importance of purpose, and investing in oneself and relationships.