#491 - How Listener Mike is Finding His Purpose in Retirement

The oldest person is 120 years old, but they probably didn’t have a plan to live that long. Many people don’t have a plan for the decades between 60 and 120. Do you?

In this episode of the Retirement Answer Man show, you’ll hear from the CEO of a venture capital firm that funds companies that help people age well, you’ll also hear the answers to several listener questions–including one correction from an incorrect answer last week, and lastly, you’ll hear about developing a learning mindset from Mark Ross in the Bring It On segment. 

Can you guess which question I answered incorrectly last week? Listen in to find out and to hear it answered correctly.

Why we need more companies focused on aging well

Older Americans are the fastest growing demographic, so we need more companies with solutions to help people age well. Abby Miller Levy started a venture capital firm called Primetime Partners focused on helping start-ups and early-stage companies focus on the aging and wellness space.

Many of the companies that Primetime invests in are focused on the healthcare and fintech verticals. Abby is excited about the future of aging. Listen in to discover why her work has made her rethink her own habits.

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

AN INTERVIEW WITH ABBY MILLER LEVY

  • [2:30] What it was like to start a firm in the midst of the pandemic

  • [6:35] Examples of their investments

  • [13:24] How to plan for decades 6-12

  • [21:52] Integrating AI in a human way

LISTENER QUESTIONS

  • [25:36] I missed last week’s question - so here’s take two

  • [32:26] How Mike is finding purpose in retirement

  • [33:50] On self-funding long-term care by earmarking accounts

BRING IT ON WITH MARK ROSS

  • [40:06] On adopting a learning mindset in retirement

  • [41:18] What you can do today to develop a learning mindset

TODAY’S SMART SPRINT SEGMENT

  • [49:15] Stress test your plan against a long-term care event

Resources Mentioned In This Episode

BOOK - This Chair Rocks by Ashton Applewhite

Primetime Partners

Rock Retirement Club

Roger’s YouTube Channel - Roger That

BOOK - Rock Retirement  by Roger Whitney

Roger’s Retirement Learning Center