One of the unfortunate aspects of facing retirement, or getting older for that matter, is the tendency to lose our sense of personal value. Our work doesn’t require our services, our friends may drift away, our adult children are mostly self-sufficient and perhaps we even feel as if our thoughts and presence are now unwanted. Perhaps we now depend on those who used to depend on us.
It’s not unusual to sense a loss of personal value in the retirement phase of life, but this does not have to be the case. (more…)
Occasionally, I’m asked by readers and personal contacts, “When do I know that I am ready to retire?”. My immediate reaction is: don’t worry, you will know. While this is true for some, for others, they are not sure when the right time is, and just sort of play it by ear. Sometimes, the decision is made for us, by a company that no longer wants our services. If this happens to you, perhaps you are a victim of ageism in the workplace. Or, there may be a triggering event, like the deterioration of your health or that of a spouse or close family member. However, like most things in life, it is better if retirement is an intentional event, not one foisted upon us by circumstances. (more…)
Many articles, books and videos about retirement neglect the value of a positive retirement mindset. Yet, I believe that your attitude about this important phase of your life can be as crucial as the issues of health and finances. We all know retired people who have money, good health, and plenty of friends and family around, yet spend much of their time acting miserable. (more…)
You can read lots of articles, listen to podcasts and watch videos on what to do to create an ideal retirement. That’s great but you can hurt your golden years by not paying attention to some potential retirement landmines – danger zones that can sink even thoughtful retirement plans.
Here are five retirement landmines to avoid: (more…)