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Do You Need a Retirement Coach?
Old 11-04-2010, 09:07 AM   #1
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Do You Need a Retirement Coach?

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For a generation steeped in the tradition of self-help and self-improvement, retirement coaches are the latest incarnation of guides, gurus, yogis and therapists. At $100 per hour or more, they say they’ll help you figure out what to do with your free time, how to plan your retirement career, even how to connect to a community that doesn’t revolve around the water cooler.

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Old 11-04-2010, 09:20 AM   #2
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how to plan your retirement career,

Yeah, right. How to find another sucker & them charge $100/hr.

Seriously though, if a person is really lost as to what to do and doesn't have access to someone with a sound financial/emotional grounding, a few hundred $s may very well be worth it. But, would such a person be able to separate the wheat from the chaff?

I've thought of doing this part time on a volunteer basis, but haven't gotten off my a*se to do anything about it.
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Old 11-04-2010, 09:58 AM   #3
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This sounds awesome! A real life "fun consultant/money consultant".

If I could get around the legal/liability/licensing issues, I would love to do something like this on a limited part time basis. A buddy of mine that is a fin@ncial pl@nner says his favorite part of work is the client intake interview when he gets to discuss with the new client their goals, dreams, aspirations, etc for raising a family, retirement, etc.

In a way, this type of retirement coach isn't a lot different than a life coach, except it sounds like they deal with some financial matters, too.
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Old 11-04-2010, 09:58 AM   #4
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For a generation steeped in the tradition of self-help and self-improvement, retirement coaches are the latest incarnation of guides, gurus, yogis and therapists. At $100 per hour or more, they say they’ll help you figure out what to do with your free time, how to plan your retirement career, even how to connect to a community that doesn’t revolve around the water cooler.
I must be incredibly gifted when it comes to retirement skills. I have absolutely no difficulties accomplishing tasks like sleeping in, goofing off, and having a great time doing whatever I feel like doing.

In a few days I will have been retired for a year, and I still haven't wiped the silly grin off my face.

But what is this blasphemy (in the above quote) about a retirement CAREER? Ewww, not for me, thankyouverymuch.
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Old 11-04-2010, 10:01 AM   #5
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Hey - someone just has to come here to get all the retirement coaching they could possibly ever need!

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Old 11-04-2010, 10:13 AM   #6
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Hey - someone just has to come here to get all the retirement coaching they could possibly ever need!

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No kidding. There are some good retirement books like Get A Life, but this site is better than the whole collection in the library. A person can post questions her from asset allocations, social security, car maintenance, travel, to dating advice. Whats not to like?
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Old 11-04-2010, 10:16 AM   #7
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Whats not to like?
The biggest complaints I have heard are overpaid moderators and annoying dryer sheet motif. Both seem like valid complaints!
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Old 11-04-2010, 10:18 AM   #8
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The biggest complaints I have heard are overpaid moderators and annoying dryer sheet motif. Both seem like valid complaints!
Yeah, but believe me we earn every cent we are paid!
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Old 11-04-2010, 10:29 AM   #9
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Why would a generation "steeped in self help" look for a coach (the opposite of "self help" imo)? We don't need no stinkin' coaches!
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Old 11-04-2010, 10:46 AM   #10
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No need to spend $100/hr.

For a limited time only, at only $50/hr I'll tell anyone how to avoid boredom.
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Old 11-04-2010, 03:38 PM   #11
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Who knows - - maybe you can get someone to pay you to retire for them



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No need to spend $100/hr.

For a limited time only, at only $50/hr I'll tell anyone how to avoid boredom.
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Old 11-04-2010, 03:45 PM   #12
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How the hell does a retirement coach build their credibility or their certification?

Talk about the blind leading the ignorant...
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Old 11-04-2010, 03:48 PM   #13
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I think being a retirement coach would be a much better gig than the coaching job this guy just took: Charlie Sheen Hires a Sober Coach
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Old 11-04-2010, 04:07 PM   #14
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I think being a retirement coach would be a much better gig than the coaching job this guy just took: Charlie Sheen Hires a Sober Coach
Well, I guess that answers my question about retirement coaches too. You could build the business with referrals from Lindsay Lohan & Paris Hilton.

No wait...
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Old 11-04-2010, 04:25 PM   #15
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A retirement coach, what an absolutely quaint idea. I think I'll pass.
It might be fun to think about how I could actually spend $100/hr on things that I would enjoy though.
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Old 11-04-2010, 05:55 PM   #16
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For $100/hour I'd expect more than advice.
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Old 11-04-2010, 07:26 PM   #17
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For $100/hour I'd expect more than advice.
Well, this sales negotiation just took an interesting turn...
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Old 11-04-2010, 08:35 PM   #18
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Well, this sales negotiation just took an interesting turn...
I'm old and vulgar and totally lacking in tact.

$100/hour?
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Old 11-04-2010, 10:01 PM   #19
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Why would a generation "steeped in self help" look for a coach (the opposite of "self help" imo)? We don't need no stinkin' coaches!
We need this Coach....



member since 2005....
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Old 11-05-2010, 12:53 AM   #20
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....they can get expensive – top coaches can charge several hundred dollars an hour. And considering that most people navigate retirement on their own, and have for decades, some say many retirement coaches are just piggybacking on fear and emotional vulnerability....


Just about says it all.

If I ever run out of things to do, I'm sure my wife will give me a list for free. Actually, I'm pretty sure I will get a to do list even if I don't run out of things to keep me occupied.
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