The importance of having retirement talks with your parents cannot be overstated. Even if they are already in a great financial position, you can encourage them to consider the social and emotional elements to ensure they are set-up for a retirement that is fulfilling and meaningful to them. Don’t let them leave this to chance!Read More
Think you’re too old to start a business? Think again. The 55+ age bracket is the fastest growing demographic for launching a new business and proves that age is no barrier to entrepreneurship. A recent US study found that almost 40% of Baby Boomer respondents indicated they were interested in starting a business or not-for-profit in retirement. And why not! Retirement provides a wonderful opportunity to pursue your passion on your own terms and earn an income in the process.Read More
Two of the biggest fears for Australian Baby Boomers in preparing for retirement is coping with unplanned financial expenses and outliving one’s savings. Despite this many retirees don’t have a budget. They worry about money but don’t have a plan of action to counter that fear.
Why are we human beings so resistant to developing a budget?Read More
There are a myriad of reasons as to why you may find yourself single in retirement. Perhaps you have always been single, divorced years ago, separated recently, or perhaps you unexpectedly lost your loved one to illness. For some it is welcome relief, for others it is utterly heartbreaking but whatever your journey, you are embarking on retirement without a significant other.
It was suggested that Singles experience a unique set of challenges and opportunities to their counterparts in couples when it comes to life in retirement. With this in mind, I set out to explore if this actually is the case by drawing on the experiences of recent retirees.Read More
Not everyone finds the transition into retirement easy. The adaptation to a different pace of life can be quite a shock. You wonder what are you supposed to do with all of this time - there are so many hours between waking and going to bed! As a result your self-confidence and sense of self-worth take a beating.Read More
Think only younger women need to #pressforprogress in achieving gender parity, or that you’re too old to champion this movement as you age? Think again! There has never been such a positive global movement of advocacy, activism and support for women as in 2018 and those approaching, or in, retirement have an equally vital role to play.
It is so important to #pressforprogress at every age.Read More
Retirement is a gloomy word. It is derived from the French words ‘re’ and ‘tirer’, meaning to draw back and suggests that the best part of our lives is over once we are no longer working. It insinuates that retirement is simply a time to sit back and wait for the inevitable.
But what if we framed it differently?
Growing research in the field of neuroplasticity demonstrates that the brain is not static. It continues to evolve and adapt, i.e. rewire, as we age. What would you rather do – retire or rewire?Read More
There are people who hate their job and are counting down the days until they can retire. They share with glee that it’s only 673 days until they retire and are quick to point out the shortcomings of their job, their manager, the organisation and even their colleagues. You might know one of these people. You may even be one yourself! They assume that as soon as work is taken out of the equation, life will be great. They idealise retirement as an endless holiday, free of worry.
The challenge is that for many like this, the dissatisfaction with their job can be all-consuming and it is not until they retire that they realise how strongly their job (and the associated complaining!) formed the basis of their identity.
How to take action to ensure that retirement does, in fact, bring you (or someone you love) the joy you seek.Read More
It’s all well and good to say that you need to find purpose in retirement but for some this is well intended but frustrating advice. They have stepped away from work, caught up on sleep, cleared out the corporate wardrobe and now want to know what retirement can look like on a day-to-day basis. They want REAL examples because without work these are now a lot of waking hours to fill!Read More
It is great to have principles to live by such as ‘take each day as it comes’ and ‘focus on the good’ but what do they actually mean and what do they look like on a day-to-day basis in retirement? How do they help you to fill your days purposefully?
The challenge with relying on principles alone is that you run the risk of simply drifting through retirement. There is no impetus to jump out of bed each day. Your goals do not need to be all-consuming, after all freedom is what you seek in retirement, but they will provide you with something to work towards and thus give meaning to your days or weeks. It may be finishing that watercolour painting, collecting funds for your chosen charity, taking the 4X4 to the tip of Cape York or recovering from a hip replacement. What is it that motivates and interests you?Read More
So many people struggle with finding their purpose in retirement and spin their wheels as a result. They see other people doing amazing things in retirement and they believe that they have to get it ‘just right’ from day one. Unfortunately the fear of making the wrong decision means that they do nothing other than muddle through each day, waiting for the inspiration to strike.
Rather than waiting to uncover the perfect 'thing', get started and do something meaningful each day! Want to know how? Try these tips below.Read More
Without planning for your day-to-day ‘operating rhythm’ of retirement, the honeymoon period will come to an end and you may be left feeling restless, empty and lonely.
Fill your mental toolkit with strategies to help successfully navigate the transition into retirement and set yourself up for a retirement you will love to live! Here are five tips to get you started in the first month of retirement!Read More
You’re at a Christmas party and someone asks you “so what are you doing with yourself these days?” or assumes “you must love not working anymore”. You know that you’re supposed to glow and respond how fantastic life in retirement is. But inside you cringe. The journey into retirement is proving to be rockier than you anticipated and you haven’t yet found your feet.
4 tips to keep the conversation light and you feeling good!Read More
If your wildest dreams came true, where would you choose to live your retirement? Interestingly not all of us would choose to remain where we are even if it meant being further away from loved ones.
Whilst endless summers, brisk mountain air or simply living debt free may seem like nothing more than a pipe dream, a retirement abroad is becoming more common than you may realise.Read More
For many people, this end of the year will be more exciting than usual as not only is the festive season almost upon us but it signals their decision to retire as well. This might be you. You have saved well and are confident that your financial position will enable you to do all of those things you dream of when work no longer consumes your waking hours! But what about your health, have you prioritised your health in planning for retirement?Read More