14 Quotes by Ken Dychtwald

Many people wrongly assume the most important issue is money. While it isn't trivial, it's way down the list.

Many people wrongly assume that the most important issue among families is money and wealth transfer -- it's not. What we found was the memories, the stories, the values were 10 times more important to people than the money.

No one considered whether a life without work would be satisfying or sustainable.

Retirement can be a bit of a wonderland. But there are some patches of quicksand and some mines in the field.

We are about to see the biggest transfer of wealth in history, and we found that everyone was focused on the wrong thing,

We found that when you ask people to talk about inheritance, everyone clams up, ... Inheritance is about money, and it's seen as greedy. But ask them to talk about legacy ... it's as if we hit some kind of magic button, and people open up about leaving behind family values and traditions -- and money was just a piece of that.

everybody clammed up. That word spoke about money and greed and all sorts of things that no one wanted to talk about.

Baby boomers, who are starting to turn 60 this year, are probably well aware of the financial challenges that lay ahead but few may realize what they will experience emotionally. We have discovered that retirement is a complex process made up of distinct emotional stages, similar to other life transitions, such as pregnancy or grieving and loss.

They've been able to take some notes on what aspects of retirement are attractive and what is unappealing.