461: Your Retirement Game Plan and the American Dream Revisited: How to Plan for the Future and Pursue Your Ultimate Passion with Gary Sirak

Gary Sirak has been helping other people achieve their American Dream for the last 35 years. He is President of Sirak Financial Services in Canton, OH, a company founded by his father, Stan Sirak in 1957. The company will celebrate its 60th anniversary this year.

Gary has written two books, the first, If Your Money Talked ... What Secrets Would It Tell? This book is about personal finance and the most common mistakes people make with their money. So many people make the same mistakes again and again with their money that Gary decided to do something about it. The second, The American Dream Revisited: Ordinary People, Extraordinary Results, is a deeply personal topic for Gary. While it’s true it was a serendipitous conversation at a coffee shop that spurred him on to write it, the ideas and beliefs of the book have been with him for his entire life.

Quotes:                                                                                                                                   

“If people don't have purpose, if they don't have something they are really motivated to do, they become very lazy, and they also develop some health issues that seem to crop up quickly.” – Gary Sirak

“Everybody says, ‘Oh, the American Dream is this,’ but I disagree. It's whatever you want it to be.” – Gary Sirak

“Your dreams change as you mature, get older, have larger families, the kids move out of the house, or your business changes.” – Gary Sirak

Takeaways:

04:40 Having a clear retirement plan goes far beyond just managing money - it's about creating purpose and meaningful daily activities.

07:58 Successful retirement involves reconnecting with passions and interests you loved when you were younger, not just starting random new activities.

10:20 Without a sense of purpose, retirees risk serious health decline and potentially shortened life expectancy.

16:22 Creating a new daily routine is critical when transitioning from work life to retirement, just like adapting to any major life change.

23:58 Refusing to quit and staying relentless in pursuing your goals is a key trait of people who successfully achieve their personal dreams.

Resources

Filed in: Archive 2: 2017FinancesInterviewPodcast

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