Nick Freedman’s Retire on Purpose program provides a holistic approach to retirement planning.
Retirement is a significant life transition, often met with a mix of excitement and uncertainty. While financial security is crucial, the emotional and psychological aspects of retirement are equally important. Nick Freedman, founder of Retire on Purpose, has dedicated his career to addressing these often-overlooked areas. His holistic approach to retirement planning has transformed the lives of thousands, helping them find clarity, peace of mind, and a renewed sense of purpose.
The Journey to Retire on Purpose
Nick Freedman's journey began in 2003 as a coach, guiding over 10,000 people to improve their lives and businesses. In 2019, he developed a retirement transition program for a global organisation, which laid the foundation for Retire on Purpose. This program evolved into a comprehensive approach that goes beyond conventional financial planning.
"Traditional retirement planning focuses predominantly on finances, which are obviously important. But we look at retirement holistically across six different areas, including personal passions, core values, and desired emotional experiences," Nick explains.
A Comprehensive Retirement Vision
The key benefits of Nick's program are threefold: clarity about the life one wants to create peace of mind about the future, and a fresh sense of purpose. Nick elaborates, "We help people identify their passions and core value drivers, then explore the kind of emotional experiences they want to feel during retirement."
This holistic approach is vital for a fulfilling retirement. "Traditionally, retirement planning has looked at finances, ensuring you have enough money to live on," Nick explains. "But holistic thinking considers all aspects of life and how they're interconnected. You can have all the money in the world and still be unhappy if other areas of your life are neglected."
Addressing Emotional and Psychological Needs
Nick's workshops delve into the emotional and psychological aspects of retirement. Participants reflect on their happiest life moments and the emotional states they experienced. "We then explore how to recreate those states during retirement," Nick says. This process helps retirees maintain a sense of joy and fulfilment in their post-career lives.
One such participant is Jane, an intensive and palliative care nurse, who transformed her retirement experience through the program. After 50 years of service, Jane wanted to focus on personal interests and spending time with loved ones. "I had many aha moments," she says. "If you’re close to retirement, give yourself time to plan your retirement as you did your career."
Watch video testimonials from Retire on Purpose participantshere.
Building a Legacy
A significant aspect of Nick's program is helping retirees build a meaningful legacy. "Each person leaves their career with about 80,000 hours of experience," Nick notes. "We help them figure out their wisdom and create a mentoring roadmap to pass it on to a successor."
Listen to Nick’s keynote on building a meaningful legacyhere.
Collaboration with Financial Advisors
Nick collaborates with financial advisors like Jo to provide a comprehensive retirement planning experience. "We partner with financial advisors to integrate holistic thinking into their services," Nick explains. "I also support their clients directly, offering expertise in life planning."
Practical Steps to a Purposeful Retirement
For those looking to start planning their retirement with purpose, Nick's advice is simple: enrol in the Retire on Purpose program.
By focusing on both financial security and personal fulfilment, Nick Freedman's holistic approach to retirement planning ensures a well-rounded and meaningful retirement. Whether you're nearing retirement or just starting to plan, consider how a holistic approach can transform your future.
We love helping clients plan a meaningful and purposeful retirement. Call us anytime on (02) 8268 2900 for an obligation-free chat about financial planning that can help you make your vision a reality.
Disclaimer: The information contained in this article is general in nature and does not take into account your personal objectives, financial situation or needs. Please consider whether the information is appropriate to your circumstance before acting on it and, where appropriate, seek professional advice.
