Why Retirement is About Much More Than Money – Ted Kaufman & Bruce Hiland

What happens when successful people are too busy or too distracted to plan for the non-financial side of retirement? Former Senator Ted Kaufman and former management consultant Bruce Hiland saw it time and again with their retired friends. And it led them to collaborate on the new book Retiring? Your Next Chapter is About Much More Than Money. It's a succinct, practical guide, written in a conversational tone, to help you prepare for retiring beyond financial security. To thrive in your next chapter, you'll need to be equally well-prepared for the personal and life changes that retiring brings. We discuss: The stories of their (multiple) retirements What they noticed about their retired friends - and why they were unhappy What's different about retirement today that changes how you plan for it What gets in the way of planning well for the non-financial aspects of retirement How to know when it's time to retire What they've learned about Identity and retirement The role of spirituality and purpose in retirement How they continue to learn and grow in retirement Their key messages on what you need to know to plan well for life in retirement _____________ Bios Ted Kaufman Edward E. "Ted" Kaufman represented Delaware in the United States Senate from January 15, 2009 to November 15, 2010. Democrat Ted Kaufman was appointed by Governor Ruth Ann Minner to fill the Senate vacancy caused by the resignation of newly elected Vice President Joseph R. Biden, Jr.; Senator Ted Kaufman did not seek election to the office in a special election for the seat in November 2010. Edward E. Kaufman, known personally and professionally as "Ted," was born in Philadelphia, Pennsylvania, on March 15, 1939, to Helen Carroll and Manuel Kaufman. His mother was a teacher and his father, a social worker, was Deputy Commissioner of Public Welfare. Ted Kaufman attended Central High School in Philadelphia. He received a bachelor's of science degree in mechanical engineering from Duke University in 1960. The same year, he married his wife, Lynne Mayo, and they eventually had three daughters. Kaufman began his career as a sales engineer in Charlotte and Raleigh, North Carolina, working for the American Standard Industrial Division, which deepened his interest in marketing and business. Kaufman then pursued a business degree at the University of Pennsylvania where he received an MBA from the Wharton School in 1966. Following graduation, he moved to Delaware to work for the DuPont Company in various technical, marketing, and finance positions. He worked as a technical representative for engineering products in Boston and Los Angeles before returning to Wilmington to work on financial analysis. Back in Delaware, Kaufman became involved in politics. In 1972 Kaufman volunteered to work on the Senate campaign of Democratic candidate Joseph R. "Joe" Biden, Jr. At age 29, Biden was successful in the first of seven elections to represent Delaware in the United States Senate. Kaufman began working on Biden's staff full time in 1973, managing his state office in Wilmington. Kaufman initially planned to stay on Biden's staff for one year with a leave of absence from his work at DuPont. Kaufman stayed on and served as state director in charge of the Wilmington office until 1976 and became Senator Biden's chief of staff from 1976-1995. From the 1980s until 1994, Kaufman also served as an advisory board member of the Congressional Management Foundation, an organization working directly with staff and members of Congress to enhance operations and citizen engagement. In 1995, President Bill Clinton appointed Kaufman as a charter member of the Broadcasting Board of Governors (BBG), an independent, federal agency in charge of all U.S.