Source: Dumb Little Man
Retirement, unlike death, does not happen to all of us. Yet, I have been fascinated with retirement since I was about thirty years of age. Looking back, I think it was because my parents talked about it and planned for it openly with us.
They both worked hard and purposefully to be able to retire when my dad turned fifty-five.
And they did it even though not all they planned happened and many things unplanned showed up in life. They held the course and we all celebrated his retirement together with a great family party.I chose sixty as my “retirement date”. Unlike my parents, I did not plan or work toward this goal. I just thought it would all work out without fully understanding the important things about retirement.
Along the way, I learned these 3 things to know about retirement.
Age should not be the goal
As we all know, age has an important role in retirement planning.
When will I be able to get social security? When will I have enough in my 401K? And when will the children be out of college?
I learned that I was so wrapped up in those calculations that I did not give enough planning for relationships in retirement. Sufficient money gives strength to our retirement but good relationships are also needed for a fulfilling retirement life.
When my husband passed several years ago, my relationships changed and my circle of friends reduced. I continued to financially prepare for retirement, but I was not building relationships.
As I got closer to retirement, I learned I needed to…
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