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Looking for research or recommended books for how to successfully prepare for the transition from full work to full free time.
Mid 50’s and a year out from stopping work cold. Few interests/hobbies currently. I understand that is not a recipe for success and happiness in retirement. Finances are all taken care of, but the rest of happiness needs attention.
What prep or resources were helpful to you in making that transition?
I find too many people focus primarily on finances and unfortunately spend too little time on lifestyle and activities. Try to have plans for hobbies, interests, and physical activity.
There is no such thing as retirement. You just change what you do.
Just as you have objectives, strategies and tactics in your professional life, so also you need to develop objectives, strategies and tactics in your private life.
Apply the same disciplines you learned over your professional career to the planning function for retirement.
Looking for research or recommended books for how to successfully prepare for the transition from full work to full free time.
Mid 50’s and a year out from stopping work cold. Few interests/hobbies currently. I understand that is not a recipe for success and happiness in retirement. Finances are all taken care of, but the rest of happiness needs attention.
What prep or resources were helpful to you in making that transition?
If you have been around for 50+ years, you must have noticed some things that you really enjoy doing :-). So when you retire, you can enjoy them full-time.
If you do not enjoy anything except working, than maybe you should not retire, despite financial security.
If you do not enjoy anything at all (including working), then at least after you retire you can sleep as much as you want.
Like probably the majority of seniors, I enjoy travel because it includes a very substantial novelty, something that otherwise does not occur much in the settled life of seniors. Since I am a solo traveler and make fairly complex travel arrangements (as I am interested in somewhat uncommon places), planning my travels takes a lot of time. I am also an avid reader, and finally have time to read books all the time, and there is no chance I'll be able to finish everything I want to read; I'd need about ten lifetimes :-). But you do whatever you enjoy doing; there is no universal recipe. Retirement is freedom - you fill it with whatever floats your boat.
I've found after 10 years that there are 3 things that are pre-eminent for a solid retirement; good health, financial security & decent social connections. It's probably rare that all three are set up perfectly but it is a good road map to try for.
I've found after 10 years that there are 3 things that are pre-eminent for a solid retirement; good health, financial security & decent social connections. It's probably rare that all three are set up perfectly but it is a good road map to try for.
^This^
Stay busy after retirement. Whether it's hobbies, travel, projects, just make sure you stay busy.
There is no such thing as retirement. You just change what you do.
Just as you have objectives, strategies and tactics in your professional life, so also you need to develop objectives, strategies and tactics in your private life.
Apply the same disciplines you learned over your professional career to the planning function for retirement.
OMG, that sounds too much like work!
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