A Framework for “Realizement”

MaxAMAZING Your Retirement with Len Hayduchok

Chapter 4: A Framework for “Realizement”

Are you ready to retire? Join me as we explore the critical importance of preparing for retirement on both the life track and the money track. But what happens when you've planned your finances perfectly, only to realize that you've neglected the most important aspect of retirement? Find out in this gripping episode that will leave you questioning your own retirement preparations.

In this episode, Len Hayduchok discusses how to:

• Dissect the crucial role of proactive retirement planning, targeting both life goals and financial stability.
• Appreciate Realizement, the fusion of financial planning and life goal setting, and its bearing on a fulfilling retirement.
• Differentiate between lifestyle, quality of life, and standard of living, and their correlation to retirement planning.
• Grasp the significance of balancing one's focus on the money track and life track when getting ready for retirement.
• Embrace the need for expert input for a comprehensive approach to handling your financial and personal facets of retirement.

Key Takeaways:

• Retirement Preparation and Life Path

Retirement offers an opportunity to reboot your life, redefining how you choose to spend your time and energy.

• The role of the money track is to align with the life track in a process called ‘Bringing Your Money to Life’.
• Differentiating Lifestyle, Quality of Life, and Standard of Living

It's crucial to distinguish between lifestyle, standard of living, and quality of life when planning for retirement.

• Importance of Balancing Money Track and Life Track

Retiring successfully involves strategic planning on two distinct but interconnected tracks: the Money Track (financial planning) and the Life Track (planning for personal fulfillment).

“The Life Track is actually more important than the Money Track in retirement. It's about how we live, what we do with our lives, and the money comes alongside to empower those parts of our lives that are most important to us."

— Len Hayduchok

About the host, Len Hayduchok:

Len Hayduchok is a Certified Financial Planner with over 25 years of experience in the financial services profession. He is the founder and President of Dedicated Financial Services and Dedicated Senior Advisors, providing comprehensive wealth management programs to individuals in their retirement and retirement-planning years. Len is committed to advising clients based on their best interests and has extensive training in securities and life insurance. He is a graduate of the Wharton School of Business and Biblical Theological Seminary. Len is dedicated to client and community education, offering various resources and instruction on retirement-related topics.

Learn more about Len’s book:

MaxAMAZING Your Retirement: Practical Guidance for an Enjoyable and Fulfilling Capstone to Your Life

Book website: https://maxamazing.com/

The book "MaxAMAZING Your Retirement" challenges the conventional view of retirement as merely accumulating assets and emphasizes the importance of aligning financial resources with one's true values and desires. Len introduces his Life/Money System, guiding readers through a journey of self-discovery and financial planning to achieve a meaningful and fulfilling retirement.

Dedicated Financial Services (Company website): https://www.dedicatedfinancialservices.com/

CONNECT WITH LEN:

LinkedIn: https://www.linkedin.com/in/dedicatedfinancialservices/

Show notes by Podcastologist: Hanz Jimuel Alvarez

Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.