Today, I'm speaking with Chris Farrell. Chris is a leading expert on the subject of working into the years we once called traditional retirement. In his most recent book, Purpose and a Paycheck: Finding Meaning, Money, and Happiness in the Second Half of Life, he debunks the myth that aging populations are a burden on our economy–and demonstrates how "retirees" can create, innovate, and stay engaged.

You may have encountered Chris's work as a journalist for PBS Next Avenue and the Star Tribune, a contributor to Bloomberg Businessweek, The New York Times, Kiplinger's, and other publications. Or perhaps as a commentator on Marketplace Morning Report, or as the host of Conversations on the Creative Economy on Minnesota Public Radio. I'm a big fan of his work and thrilled to chat with him today.

In this conversation, Chris shares the story of how he went from being a merchant seaman to getting his graduate degree at the London School of Economics, why aging populations aren't dead weight, and how retirees can discover newfound purpose–and make a difference–while contributing to the economy later in life.

One more thing before we get started. We've got a bunch of copies of Chris' book, Purpose and a Paycheck: Finding Meaning, Money, and Happiness in the Second Half of Life and we're going to send them out until they're all gone!

Here's all you have to do...

• Step 1.) Subscribe to the podcast and leave an honest rating & review over on iTunes.
• Step 2.) Text BOOK, that's B-O-O-K to 866-482-9559 for a link to our book request page, complete the form and we will ship you the book for free. It's that simple!

In this podcast interview, you'll learn:

• What led Chris to become so interested in writing about retirement, happiness, meaning, and purpose.
• How an aging population and a low birth rate are fundamentally shifting our economy.
• Why more people in their 50s and 60s are starting businesses now than ever before–and why so many people who opt for traditional retirement "unretire" within just a few years.
• How retirees can pass on knowledge to younger generations and leave behind a personal and professional legacy.
• The importance of budgeting for health care coverage for retirees looking to bridge the gap when retiring before age 60.

Show Notes: Howardbailey.com/312

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Weekly Retirement Newsletter: RetireWithPurpose.com/weekend-reading