Roger and Elias talk about interest rates & inflation, how semi-retirement is growing in popularity, money quotes from Dave Ramsey, and internet savings trends.

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Hosted By: Roger Abel
Guest Host: Elias Randel
Produced By: Molly Nordlocken

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Semi-retirement, once considered a luxury reserved for the wealthy elite, is now becoming increasingly popular among middle-class Americans. People are redefining what it means to retire and are opting for a more flexible and balanced approach to their work lives. This growing trend is fueled by a desire for more freedom, flexibility, and fulfillment in their later years.

One of the driving factors behind the appeal of semi-retirement is the rise of the gig economy. With the proliferation of online platforms and technology, it has become easier than ever for individuals to take on freelance work or side projects to supplement their income. This allows people to continue working on their own terms, at their own pace, and from anywhere in the world.

Another reason for the growing popularity of semi-retirement is the desire to pursue hobbies and passions that may have been put on hold during their full-time working years. Many people see semi-retirement as an opportunity to finally pursue their creative interests, travel, volunteer, or spend more time with their loved ones.

Financial considerations also play a role in the decision to semi-retire. With rising healthcare costs and dwindling pensions, many people realize that they need to continue working in some capacity to maintain their desired standard of living in retirement. Semi-retirement allows them to earn an income while still enjoying a more leisurely lifestyle.

However, it’s not just about the money. Studies have shown that staying engaged in work or other meaningful activities can have a positive impact on mental and physical well-being in retirement. By staying active and productive, individuals can stave off feelings of isolation, boredom, and purposelessness that can sometimes accompany traditional retirement.

The concept of semi-retirement is not just limited to older adults. Many younger workers are also embracing this idea, choosing to work part-time or freelance in order to have more time for their personal lives, hobbies, and travel. This shift in mindset towards work-life balance is reshaping the way people think about their careers and their futures.

In conclusion, the appeal of semi-retirement lies in its promise of freedom, flexibility, and fulfillment. By redefining what it means to retire, individuals are able to design a lifestyle that aligns with their values and priorities. Whether it’s pursuing a passion project, spending more time with family, or simply enjoying a slower pace of life, semi-retirement offers a way for people to live on their own terms and find meaning and satisfaction in their later years.