Phasing Into Retirement

As this article demonstrates, planning for retirement is not all about financial goals. Figuring out what you want to do with the rest of your life (after you leave the world of wage slavery) is equally, if not more, important.

If you think you’ll be happy spending the retirement pursuing your weekend hobbies like playing golf, doing needlepoint, collecting coins, or whatever, you may be disappointed. Whatever your pre-retirement passion is, it probably will not sustain you in retirement.

People invest so much of their time and energy into their work life that they often ignore the non-work aspects of their life. And when work stops, they feel bored because (as they find out) they had no real life outside of work.

So as you build your financial nest egg for retirement, you also need spend considerable time (i) building a social network outside of work, (ii) developing interests (charitable, vocational, etc.) outside of what you do in your work and (iii) setting goals for your retirement. In retirement, you can be anything you want. The world is your oyster. Carpe Diem.

Jonathan Edelfelt,

Author of Who Said You Need Millions? Retirment Strategies for the Rest of Us.

www.WhoSaidYouNeedMillions.com

Jonathan Edelfelt of TX 8:59PM August 01, 2008