Life Money Balance® Podcast
The Life Money Balance® podcast helps you “let your life lead your money, not your money lead your life” and engage with your journey to create your life's design. The podcast uses compelling conversations that combine money psychology with personal finance topics to improve your well-being and achieve your life aspirations.
Your host Dr. Preston D. Cherry (“Dr. Cherry”), interviews guests and performs solo shows to provide an emotion-safe space where real people engage in real talk and share authentic moments. Let’s chop! Learn more by following @drprestoncherry, Certified Financial Planner, Certified Financial Therapist, University Professor, and Founder & President of Concurrent Financial Planning, www.concurrentfp.com.
Life Money Balance® Podcast
Most People Miss This Before Retiring
In this conversation, Dr. Preston Cherry breaks down a side of retirement most people overlook: the emotional shift. It’s not just about saving enough—it’s about preparing for a whole new identity and way of living. He shares a framework that helps you rethink retirement with tools like identity checks, relationship mapping, and time design. The goal? A life that feels as good as it looks on paper.
Takeaways:
• Confidence Gap: Gen X isn’t feeling ready
• It’s an Identity Shift: Not just a savings goal
• First Year Feels: Expect emotional ups and downs
• Purpose Matters: Plan more than just finances
• Rethink Daily Life: Design your post-retirement days
00:00 Intro
00:47 The Importance of Emotional Preparation for Retirement
01:52 The Retirement Life Readiness Framework
03:00 Designing Your Next Chapter on Purpose
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Disclosure: Educational content only. Not financial advice. https://www.concurrentfp.com/disclosures/