
What will you do in retirement? For many, the lure of travel, spending time with family and friends, and exploring new activities and events are at the top of their ‘to do’ retirement list.

You are who you are, which means that when it comes to retirement you shouldn’t try to live someone else’s retirement. You need to remember who you are.

Have you seriously thought about what you will do in retirement? Sometimes it seems as if too many spend more time planning a two-week holiday than their retirement. Your retirement needs more thought than that.

Many people look forward to moving to an idyllic retirement spot, others to build or renovate their dream home. Much planning goes into their new home, but sometimes a few things are overlooked.

Agnes, Howard, and James all had dreams for their retirement. Agnes wanted to breed puppies; Howard wanted to take up acting; James wanted to sail the seven oceans. None of it happened. They arrived at the time of life when they were able to follow their dreams but allowed them to die.

A new report has found that most Australians expect to continue to work in some form of job after they retire. Many believe they’ll need to work to make ends meet.

Being part of a couple adds complexity to retirement planning. And this complexity needs to be worked through. I was reminded of that recently when John and Beverley were in my office for their regular review.

Peter Black is a business and executive coach and also an accredited retirement coach. He talks about the challenges brought on by retirement and of what is often an ‘emotional roller coaster’ going from a structured work life to, essentially, a blank canvas.

‘We’ve got a mortgage, it’s small, but we don’t know how to pay it out.’ That’s what a recently-retired client couple told me, and asked, ‘What can we do?’

Jill Weeks, the co-author of Retire Bizzi shares the stories of people she’s met and what they’re doing in retirement. Long involved in the retirement industry, she’s researched and understands what’s involved in this decision. She has also written 21 Ways to Retire and co-authored Where to Retire in Australia and is a regular contributor to ABC radio.