What’s the best age to retire at?
How do you know when it’s the right time to retire?
We often spend a lot of time pondering those questions.
And we tend to confine our thinking to the financial side of things.1
How much do we need to retire and how far will our money go in retirement?
Answers to those questions are important.
But they aren’t the only things we need to consider if we want maximum fulfillment in retirement.
We also need to think about our psychological needs, especially when it comes to how we transition into retirement and how we spend our time as retirees.
Conventional thinking frames retirement as an all-in or all-out venture. But that is not always the best approach. And it doesn’t help you figure out how to spend your time in meaningful ways when you do retire.
Thinking outside the box and considering some creative alternatives to traditional retirement can help. That’s the focus of this month’s Visual Insights Newsletter.
There are no hard-and-fast rules about what you can do in retirement or how you have to approach it.
When you know the alternatives and explore more options than just the conventional route, you may discover new and better ways to enjoy your time and stay connected to what matters most when you do retire.2
That can bring you much deeper satisfaction and joy during your golden years.2
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P.S. What part of retired life are you most excited about? What is the first or next big thing you will do in retirement? Hit “reply” and tell me. I’d love to hear about your plans for enjoying retired life.
1https://www.ebri.org/docs/default-source/rcs/2020-rcs/rcs_20-fs-2.pdf?sfvrsn=ffbc3d2f_8
