What’s the best thing about retirement? That’s one of the questions I’ve been asking during extensive interviews with individuals and couples who have been retired for more than two years.
Over the past couple of years, Australian banks and financial institutions have been tightening lending rules. For better or for worse? You decide.
Money is usually the first thing that comes to mind when people think about their retirement. But money is only part of the equation. Of course, we need money for the basics and a few luxuries in retirement, but the amount required is as unique as individuals. So, what’s the other part of the equation?
Identity bridging is a process that can help people transition into retirement, and particularly if they’ve been strongly engaged in their work. According to Teresa Amabile from the Harvard Business School, it can help bring about a fulfilling retirement.
Here’s your chance to eavesdrop on a conversation with Owen Weeks, a well-respected veteran of the retirement industry talking about how retirement has changed over the years. He’s been in the industry since the mid 1970s. Check out the podcast.
So, you’re thinking about retirement more than you have in the past. Have you thought about what you could be working on over the next 12 months? Here are six steps.
Life restructuring is one of the big changes that comes when an individual retires. Understanding what happens can help you transition into retirement.
What has happened to the good old-fashioned home-cooked meal? Decades ago, dinner time meant a simple home-cooked meal (meat and three veg) on a pre-set dining table surrounded by family. Protein powders, health bars and frozen dinners were unheard of and slogging it out at the gym was still something of the future.
Australia’s Age Pension is designed to help seniors who have reached retirement age and are deemed to be in constrained financial circumstances. But seniors who leave Australia can find that Centrelink reduces or even cancels their Age Pension payments.
When considering the mental and emotional issues that retirement brings, researchers recently reported that professionals who retire tend to go through processes of life restructuring and identity bridging.