The Humans vs Retirement Podcast podcast

The Retirement Mindset Shift with Lindsay Troxell

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Episode Summary

Retirement isn’t just a financial transition, it’s a psychological and emotional one, too. In this episode of Humans vs. Retirement, I sit down with Lindsay Troxell, a coach and life planner who has been at the forefront of shifting the financial industry’s focus toward a more human-first approach.

Lindsay shares powerful insights on mindset, identity, and habits, and why most people unknowingly experience an identity crisis in retirement. Lindsay and I explore how to reshape your beliefs, redefine purpose, and build new habits for a fulfilling second half of life.

If you’ve ever asked yourself: Who am I without my job title? How do I retire with meaning? or Why does retirement feel like a letdown?, this episode is for you.

What You’ll Learn in This Episode

  • Why retirement isn’t just about money—and why financial security alone won’t make you happy.
  • How habits and mindset shape your retirement experience (and how to rewire them).
  • The common identity crisis retirees face—and how to navigate it with confidence.
  • Why traditional financial planning treats retirement as a math problem, when it’s actually a human challenge.
  • How to develop purpose, fulfillment, and structure in retirement.
  • The importance of coaching and why having a financial plan isn’t enough.
  • How Lindsay’s business, Discretionary Inc., helps child-free entrepreneurs create a unique life plan that reflects their values and goals.

Key Topics Discussed

[00:02] – Introduction & Catching Up

  • Lindsay’s background in financial coaching and life planning.
  • The shift from numbers-focused planning to a holistic, human-first approach.

[00:10] – The Mindset Shift for Retirement

  • Why people treat retirement as a math problem (and why that’s wrong).
  • The emotional journey of retirement—why so many people feel lost after stopping work.
  • The three-dimensional approach to retirement: wealth, health, and identity.

[00:25] – Identity & Purpose in Retirement

  • The biggest identity crisis retirees face (losing structure, title, and purpose).
  • Why your identity is more than your job title.
  • The "retire with" framework: What are you bringing into retirement?

[00:40] – Mindset, Habits & Breaking Old Patterns

  • How beliefs shape our retirement experience.
  • The role of growth mindset and beginner mindset in reinvention.
  • The importance of failure and experimentation in building a fulfilling retirement.

[00:55] – Retirement & Relationships: The Gray Divorce Trend

  • How retirement impacts marriages and partnerships.
  • The rising trend of gray divorce (and why couples struggle post-retirement).
  • The three journeys: Your individual path, your partner’s path, and your shared path.

[01:10] – The Future of Retirement & Financial Planning

  • Why coaching is the missing link in financial planning.
  • How financial professionals need to adapt their services to serve clients better.
  • Lindsay’s business Discretionary Inc. and why child-free entrepreneurs need specialized financial and life planning.

[01:25] – Final Takeaways

  • Why the traditional retirement model is outdated and needs to evolve.
  • Practical steps to redefine your mindset and habits for a more fulfilling life.
  • Lindsay’s best advice for people approaching retirement.

Books & Resources Mentioned

Books:

  • The Psychology of MoneyMorgan Housel
  • Mindset: The New Psychology of SuccessCarol S. Dweck
  • Let ThemMel Robbins
  • MeditationsMarcus Aurelius
  • Letters from a StoicSeneca
  • The Bhagavad GitaHindu Philosophy on Purpose & Duty

Research & Studies:

  • Retirement & Depression: 40% increased risk of depression in retirees.
  • Gray Divorce Trends: Divorce rates for 60+ have risen from 9% (1990) to 40% (recent years).

Additional Resources:

Connect with Us

Follow Lindsay Troxell:

  • Website: www.ourcoachinginitiative.com/
  • LinkedIn: www.linkedin.com/in/lindsaytroxell/

Follow Dan & The Podcast:

  • Website: www.humansvsretirement.com
  • LinkedIn: www.linkedin.com/in/dan-haylett-retirement-coach/
  • Subscribe on Apple Podcasts | Spotify | YouTube

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