In this episode of The Year You Retire podcast, hosts John Bever and Jim Uren delve into the topic of retirement happiness, drawing from extensive research and insights to provide valuable takeaways for retirees. Listen along as they discuss the positive trend of happiness during retirement and emphasizes the importance of finding meaning and purpose beyond your financial circumstances. Explore the transformative aspect of aging, the complex relationship between money and happiness, the role of relationships in retirement happiness, and the potential benefits of religious involvement. Furthermore, discover the positive impact that volunteering and practicing gratitude can have in retirement to boost happiness. This episode offers practical advice and actionable steps and is a must-listen if you want to maximize your happiness and fulfillment in the year you retire.

In this episode, you will:

• ·       Discover 7 scientific principles to help boost happiness in retirement.
• ·       Understand why the simple act of getting older can help boost your retirement happiness
• ·       Learn what some researchers say is the optimal level of income for happiness.
• ·       Explore the latest research on relationships and happiness and discover which types of relationships are most likely to increase your happiness in retirement.
• ·       Uncover the transformative power of volunteering and gratitude in bringing joy and fulfillment to your retirement.

The key moments in this episode are:

00:00:18 - Introduction to Retirement Happiness

00:05:11 – Benefits of Growing Old

00:08:08 – Relationship Between Happiness and Income

00:15:01 - The Easterland Paradox and Wealthiest 20%

00:17:38 - Nurturing Meaningful Relationships

00:21:28 - Key Takeaways on Relationship Research

00:22:36 - Strengthening Faith in Retirement

00:24:38 - Buying Memories Over Materials

00:30:34 - The Benefits of Volunteering

00:31:44 - Practicing Gratitude

00:33:58 - Importance of Gratitude

00:36:42 - Thankfulness

Disclosure: The views expressed in this podcast are not necessarily the opinions of Phase 3 Advisory Services and should not be construed directly or indirectly as an offer to buy or sell any securities or services mentioned herein. Unless otherwise specified, show guests are not securities licensed or affiliated with Phase 3 Advisory Services or Osaic Wealth. 

Investing is subject to risks, including loss of principal invested. Past performance is not a guarantee of future results. No strategy can assure profit nor protect against loss. Please note that individual situations can vary. Therefore, the information should only be relied upon when coordinated with individual professional advice. 

Securities offered through Osaic Wealth, Inc. member FINRA/SIPC. Additional investment. and insurance advisory services offered through Phase 3 Advisory Services Limited, a Registered Investment Advisor.

Osaic Wealth is separately owned and other entities and or marketing names, products or services referenced here are independent of Osaic Wealth. Phase 3 Advisory Services is located at 1110 West Lake Cook Road, Suite 265 in Buffalo Grove, Illinois 60089. Our phone number is 847-520-5545. For additional information, visit our website at phase3advisory.com.