In today’s episode of Demographics Decoded, Simon Kuestenmacher and I discuss the various phases of retirement, the demographic changes affecting retirees, and the importance of financial planning and community support. 

Now, for those listening or watching who are not reaching retirement age any time soon, please keep listening because even though this may not affect you for years to come, it probably will affect your parents or grandparents, and they definitely will affect you sometime in the future

While much has been written and spoken about the financial side of retirement, if you’re not preparing emotionally and socially, and many baby boomers aren’t –retirement will be a bumpy ride.

Takeaways

• Retirement consists of several phases that individuals must navigate.
• The 'feeling lost' phase can lead to mental health issues.
• Reinventing oneself in retirement is crucial for fulfillment.
• Demographic changes are reshaping retirement trends.
• Early retirement can lead to identity crises for athletes.
• Financial planning is more challenging for today's retirees.
• Community support is vital for mental health in retirement.
• Technology can enhance independent living for seniors.
• The retirement living market is rapidly growing in Australia.

Chapters

01:12 Understanding the Phases of Retirement

02:50 The Holiday Phase of Retirement

04:33 Navigating the Feeling Lost Phase

06:09 Trial and Error: Rediscovering Purpose

07:05 Finding Fulfillment in Retirement

08:22 Changing Trends in Retirement Age

09:50 The Unique Challenges for Early Retirees

11:24 The Impact of Retirement on Relationships

13:00 Financial Concerns in Retirement

15:01 Public Policy and Retirement Support

17:12 Community and Social Interaction in Retirement

21:29 Technology's Role in Aging

23:40 The Future of Retirement Living

 

Join Simon Kuestenmacher and Michael Yardney at Wealth Retreat 2025 –Australia’s Premier Wealth Retreat for Elite Investors and Business People – learn more here. 

 

 

About Simon Kuestenmacher 

 

Simon Kuestenmacher  is co-founder and Director – The Demographics Group 

 

Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers.    

 

He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. 

 

Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. 

 

 

About Michael Yardney 

 

Michael Yardney- founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. 

 

While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. 

 

Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. 

 

Follow Michael on Linked In or Instagram 

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