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
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
The wonderful thing about retirement is that the Baby Boomers finally have the opportunity to become the ‘Me-Timers’. After balancing a busy career, family and social commitments for so many years, they finally get to focus on the things that light them up. That might mean learning to play the saxophone (I’ve only had the darn thing 20 years!), selling up and making that tree change, or trekking through Patagonia.
I am a strong advocate for possibility thinking, living one’s dreams and creating a full and exciting retirement, but I also want to ensure that people approaching retirement are set up for success. I want to ensure that their dreams and goals are achievable. Read More
You’re great at what you do, and that is a fabulous attribute to possess. Your organisation is privileged to have you. The challenge, however, is that research has found that people who are naturally competitive and assertive during their career can experience greater difficulty in adjusting to the workplace. The very attributes that made them successful during their career are the same ones that can work against them in retirement... Read More
How old do you feel today? Younger or older than your driver’s licence says? As the old adage goes ‘you are only as old as you feel’ and this is particularly important when it comes to getting the most out of life in retirement. The people who feel productive, happy and content in retirement tend to be those who have a zest for life and feel young at heart. To them age is simply a number.
The research suggests that those who see themselves as old are more likely to experience declining health more quickly, both physically and psychologically, and thus lead a ‘smaller’ retirement. Read More
When we think about staying healthy in retirement, we often think about becoming more active, eating better and ensuring a good night’s sleep. But there’s another powerful antidote and it doesn’t require active wear, perspiration or watching calorie intake. Did you know that maintaining strong friendships in retirement can have a significant and positive impact on your wellbeing? Read More
You’ve done everything right in planning for retirement. You have saved, seen a financial planner, and have a good sense of how you are going to spend your days. You intend to spend more time with the grandchildren, perhaps making up for the time you were not able to spend with your own children. And then you receive the phone call.... Read More
It’s disappointing when I hear people, be they young or old, who are bitter and complain about all of the things that are wrong in the world. For those who are nearing the retirement age, I hear things like “it was never like that in my day” or “my family don’t care, that’s why they never come to visit”. Despite all of the good in the world, life seems to be pretty miserable for them. But then there are people who seem to be 'living it up' and embracing all that life has to offer. What's the difference? Read More
One advantage that men have when it comes to retirement is that they are typically in a stronger financial position when compared with women. Without the expectation to take time out of their careers to raise a family or care for others, more often than not they have done all of the 'right' things; worked hard, looked after their family and have a healthy superannuation balance. They have the financial side of retirement planning sorted, but often haven't stopped to think about the non-financial aspects. For example what are they going to actually do with their days? There is only so much golf one can play, and what if you don't enjoy golf?! Read More
The startling reality is that the majority of people spend more time planning for a four week holiday than they do a 20-30 year retirement. Just think about the effort that goes into planning a holiday – likely you have itineraries, booking references and travel guides littering your dining table! So why don’t we plan for retirement? And more importantly, what happens if we don’t plan effectively for retirement? Read More
Retirement is all about slowing down and finally having time to do the things you have always wanted to do. You count down the days but when retirement actually arrives, the pace of life can be a bit of a shock, especially when you have come from a demanding job in which people depended on you to make decisions, achieve outcomes and to develop others. You thrive on pressure and deadlines and now you feel a little... lonely and lost. You don’t feel needed and the days seem never-ending. Read More
Retirement is only a matter of weeks away. It is no longer something that will happen ‘one day’ but rather it is upon you! Before saying ‘adios’ to your job and transitioning into this next chapter of your life, take a moment to reflect and plan your departure. Read More
If you walk into a kindergarten or prep class and ask kids what they want to be when they grow up, their eyes often fill with wonder and you receive all sorts of inspiring suggestions such as an ‘astronaut’, ‘nurse for horses’, ‘adventurer’, ‘pirate’… The list goes on. Whether it’s a real job or one that hasn’t been created yet, it doesn’t matter – at that age anything is possible.
When does it change? When do we decide that we have to be more ‘sensible’? At some stage we are hit with a dose of reality and determine that we need more ‘practical’ career goals? Read More
If you are retired or have spoken with friends who have retired, you quickly learn that there is more to retirement planning than just your superannuation balance. Without a doubt good, robust financial planning is critical to positioning yourself for greatest flexibility in deciding how and when you will retire, but the health and wellbeing elements are just as vital.
So why not take a few moments at the beginning of the year (now!) to focus on what will be important to you and what you’d like to change or improve in the coming year. From a wellbeing perspective, what will enable you to look back in twelve months and confidently say you enjoyed a year that was fulfilling and meaningful to you? Read More
In planning for retirement, I bet there are plenty of items on your to-do list! They might include travelling, playing golf, bushwalking or taking up cycling. Most likely there are some assumptions built into that list, for example that you will have good health, that you'll be mobile, that you'll have the funds available that you expect.
It is not unreasonable to expect these things, but what are you doing today to help ensure that they are the case? Too often we get caught up in the busyness of life and put off those appointments we know we need to make. We think “yeah, yeah I’ll get to that tomorrow”. Suddenly six months have passed and we still haven’t been to see the doctor, the dentist or the skin specialist. Read More