Retirement Guide (also a life plan)
I was talking to a friend about retiring. He couldn’t wait to get out of the day-to-day work grind. Okay, I have to admit that I find the concept hard—I have retired once, went back to work and then quit and returned to work. it took me another 3 years to retire, and I made it.
My friend is not alone, many of the people I worked with talk about retirement and project fondly about what they would do when they retire. However, once the reality of retirement sets in, they may have to rethink their options and think again, if they have not planned properly.
It is important to consider the following when planning retirement. As a person who has worked with people involved in transitions from school to work, from work to self-employment I know the following to be true for many. Work provides money in the form of income you can count on, time management in the form of a framework for your life, and purpose in the form of getting you out of bed in the morning for something that brings meaning to your life.
As you design what's next for you, make sure you provide each of these for yourself. Many of my friends are fortunate in that they have a good retirement plan that will provide income, what they have to is create an infrastructure that will support them thrive, not merely survive, this next stage of life. In retirement along with a money plan, you should have both a time and a sense of purpose plan.
You may have a well defined financial plan but do you have a plan for how you wish to live the next twenty or thirty years of your life? Do you really want to leave your retirement life to chance and hope that you won’t be disappointed?
The “one size fits all” retirement mentality no longer fits. Whether five years away from retiring or five years into retirement, begin now exploring and choosing how you wish to live your second life.
Be as clear and detailed as possible. Your plan will be a work in progress. Reconnect with dreams you put aside for more practical considerations or perhaps dream about what you want in your life for the first time ever.
Evelyn, who spent almost 35 years as a bookkeeper was practical minded, she had not ever allowed herself to dream about her heart’s desire. That is until she had a new grandchild born with special needs. Seeing there was a gap in educational and supportive services for parents of children having special needs, Evelyn went back to school.
She now works in a community program that brings education and support to families. The families she serves love the special attention and guidance Evelyn gives. She loves the satisfaction her work brings and has no intention of retiring. So, take the lid off and get in touch with your passion and desire! Where would be your ideal place to live? What would make it ideal?
The following ideas can be used to generate a life plan, and this is dedicated to the people like myself who love work and cannot imagine retirement. As you begi