The 4 phases of retirement | Dr. Riley Moynes | TEDxSurrey

Imagine squeezing all the juice out of retirement! When interviewed on his research, Dr. Riley Moynes commented, “I wish I knew then what I know now about the psychological challenges that accompany retirement. It would have made things much clearer and easier.”

By interviewing hundreds of retirees, he has discovered a framework that can help make more sense of this challenging chapter of our lives…one that, for many, could last for 30 years or more.
If you’re retired, this talk will make things much clearer for you. If you’re not, you’ll have a better idea of what to expect when that time comes. Riley has enjoyed a distinguished career spanning four decades in both public and private sectors.

In public education, he served as a teacher, Department Head, a Superintendent and a Director of Education. He also authored several textbooks including a History of Russia, and a World Religions text.

In the private sector, he was a Founding Partner of a national wealth management firm, author of a book entitled The Money Coach which enjoyed sales of over 200,000 copies in six editions, and co-author of several editions of Top Funds.

Since stepping back from day-to-day involvement in financial services, Riley researches and writes reader-friendly publications on topics of general interest, and presents Workshops across the country based on those publications.

One of his most recent books, The Four Phases of Retirement, became a Canadian best-seller within 12 months of publication, and is the basis of his TEDx Talk.

[nicolasbenson]

I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.

[TylCal]

I need a way to draw up a plan to set up for retirement while still earning passive income to meet my day to day need and also get charged lesser taxes even while in a higher tax bracket.

[MathiasRicardo-]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...

[miltonclar]

Recently, I've been pondering retirement. I've also want to put $300K into the stock market but i need an approach that will align with my risk tolerance and financial goals to secure our future

[mohammedsajahan]

just sold a property in Texas and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

[Rochelletrem]

Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determines a lot of things, my parents both spent same number of years in the medical field, my mom was investing through a financial advisor while my dad through the 401k. On retirement, my mom retired with about $5million, while my dad retired with roughly $3.8million.

[sherryie]

I’ve been saving for a long time instead of investing, and right now I only have about $516k. I'm not sure how to make it grow into something substantial that I might use for retirement. I just here for ideas

[RichardMoore-jgtl]

Retirement is now more difficult than it was in the past. I've been saving for a long time instead of investing, and right now I only have about $400K. considering all the inflation, i'm thinking of investing in stocks, i dont just have idea on market strategies.

[noahzimmerman-ygqt]

Great video, Another factor to add is Do they spend a lot of time planning their financial future? The majority of people do not engage in planing for their future

[AndersonFair-cybb]

I've kept much of my savings in cash for safety, but I'm unsure if it's right for retirement. Contemplating investing $400K in stocks, as I've heard investors can profit in tough times. Unsure about my next move.

[gaynor]

My $400k retirement account has gone up only by 2% in the past year due to rebalancing I did out of fear uncertainty and doubt. What are best alternatives to take in other to secure a financially free retirement and achieve ultimate peace? I don’t want to fail after 22 years of working hard.

[Richmind-irzi]

My retirement account has gone up only by 2% in the past year due to rebalancing I did out of fear uncertainty and doubt. What are best alternatives to take in other to secure a financially free retirement and achieve ultimate peace? I don’t want to fail after 22 years of working hard.

[staceyconnor]

Younger investors can take more risk with their investments, while investors closer to retirement should be more conservative.

[Elizabeth-uzwm]

We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680, 000 savings vanish after putting in so much effort to accumulate them.

[BiggySnacks]

I just retired at 58 years old. It is easy if you are introverted and could not stand working....I have never been happier.

[Me]

I love being retired. 7 years now.
I’m not super well off, but I’m comfortable and never get bored.
I enjoy the quiet and simplicity.

[esther.]

The thought of retirement makes me cry. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you weren't to blame for.it's especially difficult for people who are retired.

[tomesplin]

I retired from a busy and stressful corporate life at age 65. I migrated straight to Phase 4 - clearing invasive weeds and regenerating degraded / infested rainforest opposite our home. Found complete enjoyment and immense satisfaction. Two years later I have cleared around 7 acres of invasive species and witnessing the return of natural rainforest flora and fauna which had previously been choked out. I have enlisted other retirees as co-volunteers. Never been happier and fitter. Can’t wait to wake up for the next days efforts including photographing and cataloguing species I am finding…

[greco]

This talk is for people who did not develop and nourish a life outside of work.

[dennisgawera]

Retired for over six years now and my only down side is regretting how much of my life was wasted working for a living.