Retiring soon?

The odds are that if you are retiring soon, (within the next 10 to 15 years) you have not saved enough money to fully retire with the lifestyle you are used to when you were working. Most older Americans and Canadians have not saved enough for retirement, but there are signs that younger Canadians and Americans are taking notice and are starting to save. So a key to happy retirement for those of you who have not saved could be not retiring. Since you will have to work, accept it. This means changing your attitude toward work. So when you are working you work because you want to, not because you have to work. , If you want to achieve balance, health, and purpose in your life after full-time employment it may be necessary to change your attitude about work.

Retirees are living longer than ever before and many will have to finance as many years in retirement as they had in their entire working career. So, the old idea of full-stop retirement, going from 100 percent work mode to 100 percent leisure mode, is neither sustainable nor for many desirable. Besides, many studies have shown that those who stay engaged, challenged, and stimulated stay healthier and live longer. Continuing to work to some degree after you have left your full-time career can actually improve your health and increase your lifespan.

Instead of continuing to run the organizational rat race or being stuck on the treadmill of life, you need to learn how to break through the finish line of financial independence or learning to live within your new budget.  By doing this you can plan your own blend between work and play that each you have intentionally design for yourself.