Think over it. Without continuity, significance, and identity, it may be hard to maintain traditional responsibilities after leaving work. Some retirees will suffer psychologically from this change. The impact of these developments on your employment and work-life balance may vary. Investigate the following questions:
- Does your job or career offer anything besides money? Yes? What is that?
- How do you like your job?
- What hobbies do you like?
- Which relationships do you want to maintain? Why do you want to improve which of your relationships?
- What about retirement most excites you?
Plan your retirement. By taking up part-time work after retirement, you might lessen the economic and mental burdens associated with the transition, known as “bridge employment.” Each additional work equals more revenue saved and fewer retirement expenditures to pay for in the future.
The younger retirees often benefit from post-retirement work, notably if the role offers benefits such as health insurance. People who have post-retirement jobs may have a purpose in life, identification, and fulfillment different from what they would get from usual 9-to-5 employment. If you are thinking of retiring, consider whether you will do it by reducing the number of hours you work in your current position or taking up part-time employment in another career or industry. List your favorite hobbies. Maintaining regularity in your socializing and lifestyle routines is crucial for a fulfilling retirement. When planning post-retirement activities, keep in mind what you most enjoyed before retirement. Starting a new hobby or consulting company may help you keep your part-time job while pursuing your creative interests, maintaining a sense of routine, and preparing for the next life stage. Consult your financial advisor about long-term goals. The Liquidity approach covers your retirement spending needs for the next three to five years and protects you from economic uncertainty. The Legacy method maximizes your positive impact on others. The longevity plan provides steady earnings for retirement costs. These three techniques may give you the clarity and precision you need in retirement to afford all of your financial goals. Once you know when and how you want to retire, include these details in your economic plan to have enough assets for the activities you want to pursue in retirement. Plan what you’ll do when not working. A study found that physically and socially active retirees have overall better well-being. Participating in these activities and meeting new people before retirement may make your transition easier. Before retirement, spend more time on things that will be important to you. It’s vital to develop outside-of-work interests and relationships to make the transition easier.
Contact Information:
Email: [email protected]
Phone: 6023128944
Bio:
Mike was born in Chicago, Illinois on August 13, 1946. He was brought up in thesuburb of Skokie on Chicago’s northwest side and graduated from Niles Township (East ) high school In 1964. Two years later he joined the US Air Force in November of 1966. After 2 years of Intense training he volunteered for Viet Nam and was sent toBien Hoa Airbase, which was 25 miles from Saigon, the nation’s capital. He volunteered for a number of especially dangerous missions on his days off, such as flying as a door gunner on a US Army helicopter and as a technical assistant on a psychological operation on an Air Force O-1E observation aircraft. Capping off his impressive accomplishments was winning the coveted Base Airman of the Month for March 1969, a feat which was featured in the Pacific Stars And Stripes newspaper read by every service man stationed in the Pacific theater of operations. After hisViet Nam tour of duty he was stationed at Luke Air Force Base in Glendale, Arizonawhere he met and married his wife, Lequita.He graduated from Arizona State University in May, 1973, and after a 30-plus year career as a financial advisor he joined a number of service organizations including Easter Seals and Valley Forward, sponsor of EarthFest. He was also involved with the National Federation of Independent Business and became the longest-serving chairman of the Leadership Committee ever. He spoke before the ( AZ ) House Waysand Means & Senate Finance committees. He then joined Disabled American Veterans ( DAV ) in September of 2015. He rose quickly through the ranks and became Chapter 8 Commander in May of 2019 where he served with Distinction for 3years before being “ termed out”. The next year, as Vice Commander, he won the title of National Champion Recruiter!
