‘We find strong evidence that retirement improves both health and life satisfaction.’ That’s the finding of a US study of 6,000 people who had worked for at least 20 years before reaching retirement age. It found that these retirees immediately felt more satisfied with life right after they retired.
‘I’ve got to have something to do,’ said Leo Kellner to a reporter. The comment caught my attention mainly because Kellner is 98 years of age and is still working as a baker. He doesn’t get paid. He gives away what he bakes—to friends, to hospice volunteers and others in need of food and kindness.
With increased longevity, an active lifestyle, and a ‘new’ view on retirement, many mature people look to engage in different ventures, nevertheless, starting a business can be challenging.
As you plan your retirement, it could be helpful to think about what you would consider to be a successful retirement. For you. What are your dreams and desires for the likelihood of 20-and-more years of retirement?
Retirees have a higher sense of wellbeing compared to the general population. That’s the finding of the latest Australian Unity Wellbeing Index survey checking on Australian’s satisfaction with their lives.
Retired teacher/musician Paul ‘Woody’ Woodward talks about how music has enhanced his life and what it can do for us as we age. And you don’t have to be a great musician or singer to be involved in creating your own music.
We have a dilemma. I write this sitting in our caravan in a caravan park in Merimbula, NSW. The dilemma isn’t Merimbula. We’ve been frequent holiday makers here. It’s a delightful spot on the far south coast of New South Wales. It’s also a major retirement town—a lot of retirees live here. Our dilemma is: do we keep the caravan?
Not everyone is happy in their retirement, that’s the message from an ABC Radio National program talking to individuals about their retirement. There are lessons to be learned from their experience for both retirees and those preparing for retirement.
More than 1 million Australians have a self-managed super fund (SMSF) as part of their financial preparation for retirement with, currently, almost 200 people a day starting an SMSF.