We started planning the details of our retirement over 10 years ago and it would be fair to say we are still planning for it – learning from our mistakes and leveraging our successes. Although there are matters for serious consideration, we also have some fun along the way.
There is no doubt financial planning for retirement is an important subject, but there are many more aspects to having a satisfying and rewarding retirement. In researching retirement planning, we found that around 90% of the articles published were about the financial planning aspects. And thus, this website and blog have been born to talk about the myriad other aspects of retirement.
Retirement is now a time of great expectation for many of us; no longer does the male of the species typically leave work and then drop dead. Many women have had careers that have been satisfying and stimulating. Both genders now seek a retirement lifestyle that is fulfilling. And with our longevity increasing, retirement is likely to be a longer period of life, all the more important that we should plan carefully for it.
You don’t have to be planning to fully retire either (we both consider ourselves semi-retired) but you do need to think about how you want your life to be in ‘retirement’, whatever that means to you.
At what age should you begin to think about retirement? That is an entirely personal decision; we have friends who have started planning in their 40’s and others in their 60’s who have only just begun the process. For us, whilst we had done a lot of financial planning for retirement, we have learned a lot ‘on the go’.
Our experience has taught us that there is a lot to think about so that retirement can be the most fulfilling stage of your life; health, wealth, family, leisure, location, estate planning etc. etc. The list goes on.
This site is designed to share our experiences with you. It is not designed to tell you how to live your life. You should consider it more a series of posts which will hopefully encourage you to ask yourself questions about your ideal retirement, to create or refine your plan. That plan will evolve over time, as you near retirement and as you move into and through your retirement. Health may be a factor that changes your plans, family issues may change your plans, we have found that just being semi-retired has been quite different to what we expected and that in itself has changed our plans ….
We hope to be thought provoking and if our experience can help you towards a better retirement then we are delighted, and we’d really like to hear from you.
Disclaimer: We are not financial planners nor are we retirement planners in the broader sense of the word. We are two individuals who have transitioned from full time work and a city lifestyle to semi-retirement and a regional lifestyle. Find out more about us here.
Tell us, what are your most burning questions about retirement? What experiences and wisdom can you share with our readers?