Chapter X with Michael Kay

Episode 29 – Ida Abbott

Ida Smiling Headshot

April 21, 2021

When you were growing up, chances are the messages you received about retirement were looking forward to a life of “playing golf” and “relaxing” in the afternoon. The truth is that none of us actually know what transitioning to the next stage feels like until it starts knocking on our doors.

According to Ida Abbott, shifting into a new mindset becomes even more important when you’ve been successful. After transitioning from a career in law to helping firms improve their retirement processes, Ida quickly realized there was a tremendous need for practical advice outside of financial planning.

That’s when she authored Retirement By Design. It’s a spectacular workbook filled with guidance on how to get where you want to go. In this episode, Ida shares her advice on defining achievement and success in your next chapter.

We discussed:

  • The #1 myth about retirement planning (and what you should really prepare for)
  • Why high achievers face a long period of adjustment after work is finished
  • Ida’s discovery of the unexpected guilt people often feel after retirement
  • Practical tips for men who typically shun the idea of confronting their emotions
  • The essential first steps you should take when designing your own Chapter X
  • Recognizing that it takes effort to keep relationships going after your career
  • How to give yourself permission to contemplate retirement—and why it matters

Links

Ida Abbott Consulting

Retirement by Design by Ida Abbott