What if everything you’ve been told about retirement planning is fundamentally wrong? What if focusing on an arbitrary retirement age is actually preventing you from living your best life right now?
In this eye-opening conversation, Scott Ford welcomes Derek Coburn, USA Today bestselling author of “Let’s Retire Retirement,” who shares a revolutionary financial perspective that could transform how you balance present enjoyment with future security. Through his “Tale of Two Tonys,” Derek reveals a shocking mathematical reality: extending your working life by just 10 years could reduce your required monthly savings by up to 96%. This isn’t about working forever—it’s about recognizing that most people don’t actually want decades of complete inactivity and adjusting your financial plan accordingly.
The discussion takes a deeply personal turn when Derek shares his “Time Machine Effect,” asking what you would pay to travel back in time for one more bedtime routine with your 10-year-old child. Most would gladly write a $50,000 check for such an opportunity, yet we rush through these priceless moments daily. Even more sobering: by the time your children leave for college, you’ve already spent 93% of the total time you’ll ever spend with them. These insights aren’t meant to induce guilt but to inspire intentionality about how we allocate our most precious resources—time, energy, and yes, money.
Scott and Derek also explore Carl Jung’s concept of individuation—becoming who we’re truly meant to be—and how traditional retirement planning often works against this essential human journey. Through their candid exchange about making money “clean” and creating business models with fewer conflicts of interest, they offer a refreshing take on financial planning that prioritizes living authentically now rather than postponing fulfillment for some distant future.
Whether you’re just starting your career or approaching traditional retirement age, this conversation invites you to question your assumptions and consider a more balanced approach to wealth that honors both your future security and your present joy. Listen in and discover how you might be able to redirect resources toward what truly matters—today.
Connect with our guest:
Website: https://www.derekcoburn.com/
LinkedIn: https://www.linkedin.com/in/derekcoburn/
Facebook: https://www.facebook.com/derekcoburnxdc/
X: https://x.com/cadredc
Hear Past episodes of the Way2Wealth Podcast!
https://theway2wealth.com
Learn more about our Host, Scott Ford, Managing Director, Partner & Wealth Advisor
https://www.carsonwealth.com/team-members/scott-ford/
Investment advisory services offered through CWM LLC, an SEC-registered investment advisor. Carson Partners, a division of CWM LLC, is a nationwide partnership of advisors. The opinions voiced in the Way to Wealth with Scott Ford are for general information only and are not intended to provide specific advice or recommendations for an individual. Past performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Investing involves risk, including possible loss of principal. No strategy assures success or protects against loss. To determine what may be appropriate for you, consult with your attorney, accountant, financial or tax advisor prior to investing. Guests on Way to Wealth are not affiliated with CWM, LLC. Legado Family is not affiliated with CWM LLC. Carson Wealth 19833 Leitersburg Pike, Suite 1, Hagerstown, Maryland, 21742.
