We are pleased to share the video recording, presentation slides and executive summary of our recent Expert Insights Webinar Series — Navigating Retirement.
In this live webinar presented by Investonline Director Stuart Dyer and experienced Financial Coach Sharon Möller, we delved into the psychological and practical considerations when transitioning into retirement.
Key topics include:
- Visualising Your Retirement: Clarifying what a fulfilling retirement day could look like
- Uncovering Purpose: Identifying your transferable skills and passions for the next chapter
- Avoiding Common Pitfalls: Planning for the non-financial aspects of retirement that most people forget
- Creating Your Plan: Building a meaningful and exciting life beyond formal work
- Financial Confidence: The importance of financial security and having a clear plan to support your lifestyle goals
Please see the recording of the webinar and presentation slides below.
Recording
Slide Presentation
We provide information from the webinar below:
Navigating Retirement: Key Insights
This webinar, titled “Investonline Expert Insights: Navigating Retirement,” features Sharon Möller, an integrated financial coach. The session focuses on the psychological aspects of entering retirement, emphasising that it’s a significant life transition, not just an ending. It highlights the need for intentional emotional and mental preparation.
Integrated Financial Coaching Explained
Sharon Möller introduced integrated financial coaching as an approach that combines traditional financial planning with a deep understanding of an individual’s emotional relationship with money and their behavior around it. This method is crucial for financial planners to engage more effectively and comprehensively with their clients.
Understanding the Phases of Transition
The webinar delves into William Bridges’ concept of transitions, which outlines three distinct phases: ending, the neutral zone, and new beginning. Retirement is presented as one of life’s most significant transitions. Understanding these phases helps individuals navigate the complex emotional and psychological journey of letting go of their old identity, experimenting with new roles, and ultimately embracing new possibilities.
Addressing the “Fulfillment Gap”
A key topic discussed is the “fulfillment gap” that often emerges in retirement. Work typically occupies a large portion of one’s time, providing structure, purpose, and social connection.
When this falls away, it can leave a void. The webinar stresses the importance of intentionally planning how to fill this gap with activities aligned with personal values, such as intrinsic skills, hobbies, spending time with family and friends, and engaging in community activities.
Practical Preparation for Retirement
The session uses an “onion” illustration to categorise the various elements of life that change during retirement, including work, team dynamics, family roles, and community involvement. Practical advice is given on how to prepare, such as:
- Giving the day structure to maintain a sense of purpose.
- Staying socially connected to combat isolation.
- Maintaining mental and physical well-being through active engagement.
- Adopting a positive mindset towards this new chapter.
Designing Your Retirement Day
A highly practical and recommended activity from the webinar is to meticulously plan a typical day in retirement. This involves envisioning what your day will look like immediately after retiring, then six months in, and finally five years down the line. This detailed exercise helps individuals to not only envision but also to actively and intentionally create a purposeful and meaningful retirement.
Ready to begin? Investonline’s Advanced Financial Planning process involves understanding what retirement looks like to you and establish the financial planning strategy to improve your lifestyle.
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At Investonline, we work closely with clients to create customised Financial and/or Retirement Plans tailored to their unique goals, using our efficient digital planning process.
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