| azmiel's Blog |
 |
| |
| Five Strategies for Having Enough Money for Your Dream Retirement (While You |
  | Most people think that's all retirement is about -- having enough money
to sit on the deck, play golf, and visit the grandkids. But that's the
old model -- not today's retirement. I believe you can revolutionize
your retirement even if you can't count on 80% of your current revenue
when you stop working. (That's the secret number according to many
retirement experts.)
Someone who turns 65 today can expect to
live until age 83, according to the US Bureau of Labor Statistics. So,
even if you stop working at the normal retirement age, you've got
nearly two decades to fill with things that really matter to you. And,
if you give up traditional employment sooner, you've got even more
years to enjoy the "third half" of life. Today the average retirement
age is an astonishingly young 57.
I said "enjoy," and I mean it.
To do that, you need to put yourself squarely in the driver's seat --
decide when and how you retire and who you will be. Don't let someone
else's definition determine your retirement.
So, begin by
putting the money issue aside entirely. That's right. Just forget about
money and take a good hard look at the life you want to be living.
Start journaling, brainstorm with friends and family, and dream a lot.
For inspiration, begin to brainstorm ideas and tools needed to help you
plan the perfect retirement for YOU.
OK. So money does have
something to do with it. Now's the time to figure out exactly how much
you have and what you'll need. Maybe you'll discover that you have
enough money to do everything you want to do. Congratulations!
But
what if you don't? Will you need to work until seven years after you're
dead? Or can you still create the retirement of your dreams? Of course
you can. Here are some ways to make that happen.
1. First,
sharpen your pencil and reconsider how much is enough? Maybe you don't
need to stay in the big house and take care of all that stuff. Perhaps
you'd love to simplify your life by living out of your RV as you travel
the country. What could you downsize or let go of to buy yourself a
more carefree existence?
2. Second, consider supplemental
income. Wait a minute, didn't I just say you were going to stop
working? Well, there's work. And, then there's work.
Larry was
an art teacher in an urban high school for his entire career. In
retirement, he followed his passion for painting and also volunteered
at a national art society near his home. His experience, enthusiasm and
organizational skills so impressed the Director that Larry was offered
a part-time position as Assistant Director. Although he has less time
for his painting, the supplemental income allows him the luxury of
another passion -� regular trips to Italy.
3. Maybe you've been
passionate about your hobby all your life -- making woodcarvings,
gardening, or playing bridge. What about a part-time job as a gardening
assistant during the summer, selling your work at craft fairs, or
getting certified as a bridge instructor?
Think about what you
love to do, the best times in your life, what you never had time for
when you were raising children and working full time. If you love
animals, become a pet sitter. Consider working in a day care center, if
small children delight you.
4. Try seasonal employment. That's
what Betty and Bob do. They say they're "rewired," not "retired." Each
winter they close their Maryland home, pack up her home-based marketing
business, and head to Snowmass, Colorado. For the next two months, they
work for the ski corporation -- alongside college kids from Australia
and a few other couples their age. He parks cars and slings skis on
busses; she helps families plan their vacations at the resort. The
minimum wage they make covers basic expenses; they each get a season's
pass worth $1,799; and they only work a few days each week. The rest of
the time they follow their passion � on the ski slopes.
Seasonal
employment is available at National Parks, community facilities, and as
travel hosts to exotic places. Furthermore, there are lots of Web sites
that specialize in senior employment.
5. But if you really want
to make the most of the "third half" of your life, consider packaging
what you know and sharing it with others. That's what Miriam did. After
30 years of a successful therapy practice, she traded her East Coast
home for a West Coast apartment. With her savings and a handsome
settlement from her ex-husband, she lived the good life. Then one day
the money was gone. Already in her seventies, she picked herself up,
buffed up an old passion, and began writing psychological thrillers.
Today, Miriam is making more money than she did during her other career
� and she's having a lot more fun.
What will it take for you to
let go of your outdated beliefs about money and retirement and get
inspired to revolutionize the "third half" of your life?
Remember,
money is merely one of the 15 "must haves" for a thriving retirement.
While taking charge of your life, having dreams for the future, and a
purpose that pulls you out of bed in the morning are not as tangible
as, say, $1.3 million in assets, they're just as crucial.
------
Certified
Retirement Coach Lin Schreiber, author of The Retirement Re-Tool Kit,
helps baby boomers revolutionize and redefine their ideas about how
they will live life in retirement. To claim your free Boomer Transition
Kit and copy of 88 Tips for Planning A Healthy, Happy, Enriching
Retirement Life, visit her site at RevolutionizeRetirement.com
More article Visit my web at : the river city
I wanna Get free
| | Posted: 1/15/2008 at 00:15 | Read 12 times | 0 comments | Leave Comment |
|
|
|
| azmiel | | 
"More friend more wealthy" |
| | View My: Blog | Pictures | Videos | Layouts |
|
