What To Do With Retirement
3 Things You Can Do Now To Ensure You Enjoy All That Free Time
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(CBS)
In their book "Don't Retire, Rewire!" Rick Miners and Jeri Sedlar, professional transition coaches, offer three ideas on how to prepare for all the free time that opens up when you leave work behind.
One way to start planning for that moment, Miners and Sedlar say, is to assess the extent to which your business and pleasure activities overlap. One of the first things people realize when they retire is how much their leisure was blended with work. Business entertaining and travel often meet people's needs for fun and recreation, as do company picnics and other company functions. You'll have to find ways to replace business-sponsored leisure when you retire.
Another way to think about how you're going to use your obligation-free days when you quit working is to analyze your leisure activities now. Use a two-week timeframe to take a holistic view of your life, including things that don't come up often in your schedule and that might become the basis of something you'd like to expand on in your rewired life. Analyzing your work and personal routine also can remind you how to get the most out of it, so you can use whatever free time you have to develop interests to expand on when you retire. Even though you have a scarcity of free time in your working years, it's much easier to take at least one activity that's already in your life and expand upon it at retirement than it is to start something brand new later on.
A third way to make sure you feel fulfilled during your golden years is to start planning now for all the free time that awaits you. Miners and Sedlar suggest starting to plan at least five years before you quit working full-time. Use your work connections; like it or not, your employer provides you with ready connections you can leverage and use to springboard into opportunities for rewired leisure activities. In some cases professional and business associations may not want you if you're not working for a company, but they'll often keep you on after you quit if they already know you. So take advantage of well-established business and professional connections while you're still employed and join any clubs, social groups, or associations ahead of time.
By Marshall Loeb
Copyright © 2007 MarketWatch, Inc. All rights reserved
- The old "saw" about "if a housewife was paid for all the services she performed", she would be paid X amount of dollars(Insert some great amount) just don''t cut.
I have been a bachelor all my life and found that by not having a wife in the house I really don''t need all those great services. It''s been my experience that wives tend to create their own job.
I have a small apartment near the beach. My truck is paid off and I am completely out of debt. How do I do it? Never got hitched. As a result I don''t have all the extra expense a housewife brings. And on top of that, I am not nor have I ever had to pay alimony or child support. Rich is a relative term.
Freedom and being out of debt? Priceless.
Just my opinion-unless a marriage partner has a job skill or education-the marriage relation is somewhat akin to a business that is only legal in Nevada. - Reply to this comment
- The idea of retirement for a woman is a myth. There''s still a house to clean, laundry to do, meals to cook and errands to run. Then, IF you have free time when all that''s done, you can work on something you''ve always wanted to do. Woman''s work is never done, whether you have an outside job or not. My husband and I are retired. I''m busier than ever. He needs to get a job, because all he does is watch t.v.!
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