How can therapists actually retire?! 🏖

Today I wanted to share with you a really important and (dare I say it) entertaining conversation I had with Curt and Katie over on the Modern Therapist’s Survival Guide. As you’ve probably already figured out, we discussed how (if?) therapists can actually retire. 🏖

And... spoiler alert, the answer is a resounding YES.

👉 Click here to view the show notes and listen to the episode. (Or find episode 239 of the Modern Therapist’s Survival Guide in your favorite podcast app.)

If you’ve already heard the podcast, scroll to the end of this email to access a free worksheet to help you figure out how much you should be saving! 🧮

Let’s make work optional for you!

Does the word retirement resonate with you? No? You’re not alone.

As mission-driven professionals, the idea of walking away from our work and sitting on a beach doing... well, nothing probably doesn’t sound all that appealing.

Which is why the concept and word retirement is falling out of fashion. Instead, we want to focus on getting you to a point where work is optional. A place where you’re financially independent and you no longer HAVE to work every day for the money.

When you’ve reached that financial milestone, it creates a tremendous feeling of freedom and creative renewal. It’s a really spacious place to be. And for some, the relief of the financial pressure allows them to reconnect and begin once again enjoying work they had started to find a bit of a drag.

Nuggets of wisdom from the episode.

Here are some teasers of what the three of us discussed....

• How perfectionism can get in the way of saving 🧐
• The importance of “just getting started” in saving for retirement 🏃💨
• Saving money is a practice, not something you figure out once 🧘
• The money mindset concerns that can get in the way of saving (or even looking at) your money 🧱
• Using “Money Dates” to feel empowered around your finances ❤️
• And SO MUCH MORE 😬

How much should you be saving?

Saving for your future - and for making work optional - probably sounds like a great idea. But how much should you actually be saving?

I put together a free worksheet to help you answer that question!

👉 Click here to get your copy of the worksheet!

Just remember - the worksheet is just a general guide. Take it as one data point rather than definite guidance. If what it suggests to save feels totally out of reach - don’t panic. Equally, if the worksheet suggests you’re home free and don’t need to save another dime, get a second opinion. Click here to schedule a free 30 minute meeting with me if you need someone to help process the results.

Financial freedom doesn’t need to wait!

And by the way, you don’t need to reach that mythical point of financial independence to experience that sense of spaciousness and freedom described above. Creating your life of freedom and purpose while also honoring your financial constraints is exactly what my financial planning practice is all about. Click here to learn more about what I mean!

Disclaimer

Turning Point is a registered investment advisor in the state of California. Please visit turningpointhq.com for important information and additional disclosures. This article is provided for general information and illustration purposes only. Nothing contained in the material constitutes financial, legal or tax advice; a recommendation for purchase or sale of any security; or investment advisory services. I encourage you to consult a financial planner, accountant, and/or legal counsel for advice specific to your situation. Read the full Disclaimer here.