We’re in the middle of an extraordinary transition that few of us are prepared for. That’s what Lynda Gratton and Andrew Scott reckon in their book, The 100-Year Life. We’re living longer and ‘whoever you are, wherever you live and however old you are, you need to start thinking now about the decisions you will make in order to make the most of this longer life.’
Looking in the rear-view mirror can help you plan your retirement. That’s looking back at what you’ve done in the past to help plan your future. What I’m suggesting here isn’t about looking back at the negatives, though. It’s mostly about positive life experiences to help plan your retirement.
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.
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?
In planning your retirement, it’s important to see the big picture. Too often it’s thought that if you get the financial side right everything else will fall into place. That’s not necessarily so.
Working out what you want to do in retirement isn’t easy. There are so many options. Here are seven questions that may help you plan yours.
Superannuation pensions are now a thing of the past, but some retirees still receive them. It used to be that public sector employers and large businesses provided superannuation pensions to staff who stayed until retirement.
When you’re part of a couple heading toward retirement there are the individual dreams and the together dreams to be sorted. Couples counsellor Paul Bogacs talks about the kinds of negotiations needed to help make good decisions.
8000 days? If you retired at 65 years, 8000 days takes you to the age of 87. Some of us will make it. Some won’t. But we’ll all have a say in what the number of days we have will look like.