There’s evidence that a change of job in late career—in your 50s—may extend your career. However, there are risks involved. Research from the Center for Retirement Research, Boston College, US, has found that there has been an increase in employees making a career change toward the end of their working life.
We can learn a lot from other people’s mistakes. At the very least, it can make us wary about making the same mistakes. In no particular order, here’s a list of seven regrets current retirees have had.
In the past couple of years, 87-year-old Brenda Palmer has had a private meeting with Australia’s Prime Minister; rung the bell at the Sydney Stock Exchange (SSX); and spoken at a Coles Annual General Meeting (AGM). That’s quite a resume for someone who works at the checkout at the Coles supermarket in Malvern—a suburb of Melbourne.
Stepping on the scales is a common practice among dieters who want to shed excess body fat. But how frequently should you weigh yourself when attempting to lose those extra kilos and keep them off?
Are You Ready for Retirement? That’s a question investor advisor Ken Heise asks. ‘Retirement is a huge transition,’ he says, ‘much like getting married or having kids. And just like those other life events, it takes preparation.’
I retired more than four years ago. I was well-prepared (having completed the first draft of my book, Retirement Ready? helped). But there were still surprises and issues to address.
Not getting enough sleep? That could be an issue to address. A report from the Rand Corporation declares that insufficient sleep is a ‘public health problem’ in the United States, and beyond.
‘Everyone has a grievance story, yours may be killing you’. That’s what a psychologist friend of mine, Dick Tibbits, says after his study of forgiveness. In simple terms: Unforgiveness destroys relationships.
Sam Dogen retired at the age of 34—back in 2012. Having $3 million in hand allowed him to have the financial freedom he needed. He tells of the benefits of early retirement he didn’t expect and the downsides of early retirement that ‘no one tells you about’.
We all know exercise is important for good health. Unfortunately, most Australians aged 55-64 don’t exercise or exercise only in a limited way.