True Wealth: The Role of Values & Purpose in Retirement Planning - with Joe Curry

177 Plays1 year ago

Joe Curry specializes in simplifying the financial lives of people approaching or within retirement. He is the host of the podcast Your Retirement Planning Simplified and is a Certified Financial Planner. Joe is the Owner & CEO of Matthews + Associates, located in Peterborough, Ontario, Canada, where Joe and his team help Canadian retirees and those within a few years of retirement (work-optional) achieve True Wealth, which Joe believes is a combination of achieving financial freedom, spending time doing the things you love with the people you love, and having the ability to create opportunities for those that matter most to you.

Many people don't expect to talk about their values and purpose when meeting with a financial planner. But discussing these fundamental aspects of life can open up new possibilities and help individuals think more deeply about their retirement goals.

Joe introduces his Retirement Navigator and shares two sections of the program: understanding core values and finding purpose. He explains how, by clarifying their values and aligning their spending with them, people are better able to plan for a fulfilling retirement.

We explore the concept of "unique ability" and how it applies not just to business owners, but also to retirement. We discuss the importance of identifying and prioritizing activities that align with our skills and bring us joy, while minimizing those that don't. And we learn that it's okay for preferences and interests to evolve and change over time, allowing us to adapt and continue evolving.

But that's not all! Joe also shares insights on retirement planning strategies, the importance of starting early, and determining if retirement is the right decision for you. He discusses allocating income for retirement expenses, testing the viability of our retirement plans, and he uses examples to better understand values.

Throughout the episode, we see how Joe's own values shape his approach to retirement planning. And we discover that retirement isn't just a time to relax and enjoy ourselves—it's an opportunity to reconnect with our core values and start living according to them.