Hi Edna, and my apologies for not getting back to you sooner, I have been forgetting to check this forum regularly. If you are still on I will say that as you indicate, I am reviewing other ideas for what I might like to do when I leave full time work. I do already have a small part time job that I have taken on, still in a library setting but without the baggage of management type stuff, so much more low key. I have been thinking or what else I would like to do, for "fun" I have registered with Indeed.com, and plugged in other types of work that I might enjoy, such as working with animals, and other kinds of outdoor work that would be a nice change of pace from what I am doing now.
Thanks for your tips, and best of everything as you plan for your retirement. By the way, I also stumbled on a site called vocation vacations, a bit costly but you can sign up for a few days to work with people in various vocations, kind of to test the waters.
Cathy in CT
You don't really have to "retire" other than give up your 9-5 job. Keeping working if that's what you like. Find a part-time job so you can be active and around younger people. Many retail businesses prefer to hire older Americans because of their knowledge, experience, and dependability. Check out your local community college. Most have "lifelong learning" curricula which, for very nominal fees provide a host of interesting courses and/or events to participate in, i.e. guest presenters, classes on senior aerobics, Tai Chi, aroma therapy, scrapbooking, etc. etc. Take a course in PhotoShop and learn how to scan and archive all your precious photos electronically. Get a tape recorder or video camera and start recording your oral history. Your children and grandchildren will love these. They make great gifts. Have them burned onto DVDs to distribute to your family. Find a totally new hobby. Get involved in the local soup kitchen, the nature center, the garden club. Retirement is only a state of mind.
What to do when you retire. A question that scares many and confuses others. I can retire in 1 year at age 57. But I won't. I have a 13 yr old daughter that will need the extra income I produce until she is through college. However that's not my point. Here are some observations I have seen from watching my father in his retirement and believe that these are true for all people;
1. Never stop moving. If you stop moving you'll start slowing down and your health will deteriorate. I have seen this happen first hand with my mother. My father on the other hand is 86 and a cancer survivor as well as 3 major health issues that involved surgery in the last 4 years. And he takes care of my mother daily.
2. Keep your mind functioning. Another hobby...reading more...anything that exercises your brain will keep you from becoming bored.
3. Trying new things not within your sphere of experience. Learning how to install crown molding or cabinetry in your home allows you to learn something new and improve the value of your place. To date I have 3 or more hobbies and continue to add to them all the time. Some I quit...some I don't. But I've still learned new stuff and have enjoyed the time while I did them.
My plans when I do finally retire are to use the hobbies I've learned (cabinetry, tiling and furniture making) to help people in my area by building homes for them to live in. I don't expect to get paid for it, just the enjoyment of helping people earn through sweat equity their piece of the "American dream".
The short version is not to retire in one year at age 57. With a 13-year old, along with the cost of her education, and the many financial unknowns today, I strongly recommend that you consider to keep working in higher education..
After an early career as a former human resources officer with Texas universities, I have been a financial advisor working primarily with individuals nearing or in their early retirement time. My experience relates most directly with financial aspects of retirement, but you must have meaningful activities and focuses to enjoy those golden years.
Financially, especially if you live as long as possible today and for your own wellbeing, age 70 may be the best age to actually retire. Social Security will be at your maximum along with your pension, 403(b)s, IRAs, etc. at age 70. Unless you are wealthy, keep on working as long as you can enjoy the work and your colleagues. You can already retire, but you can not always go back to work once you leave.
Sorry I guess I didn't make my point clear.
I was replying to an earlier statement and using my own situation as a reference. I do not plan to retire next year at all. I definitely will continue on until at least age 62. I've worked at a college university for the last 25 years and it has been an exciting job.
The points I was making were what I had learned from my father who retired at 62 himself. 1. Never stop moving, 2. Keep your mind active, etc.. I said it poorly but what I really want to do is work with Habitat for Humanity after I retire in order to help build homes for other people.
My situation is alittle different and i am still confused. I turn 66 in a few months. My two kids are grown , out of the house and earnong a living. Tha is all good. On the bad side I have a new Boss who is making life difficult. Many people have had their jobs eliminated and she is bringing in new younger people.
When my fater retired at age 67 he and mom(both lived to 92) move to florida nd he took up ceramice, she read and played cards. I have no hobbies, my wife isn't ready to re tire but i don'tknow how much longer i can hold on to my job. After 38 years in TIAA-CREF and not being greedy I shhould be able to lve comfortably.
What should I do?
I just joined "myretirement.org." This is a very, very interesting topic. I especially appreciated the person who stated that they were "afraid" to retire. Me, too, I think. I am 69 and haven't retired. People keep asking me "when I am going to retire?" I was a late bloomer; raised my children about half-way through school; got a divorce; went to college and became a professional student; graduated, with plenty of education; went to work for a Fortune 500 company at 40 with a very successful job experience; then taught at the university level. Then I thought I would retire.....that lastesd about two years. Then I decided I want to do something really different....so went through all of the complications of teaching in public school...to make a difference. Have ended up teaching on the Navajo Reservation in Shiprock, NM...on Tribal lands. And, I love it!
Had anyone asked me what I might do even 20 years ago when I retire, the answer certainly would not have been this. I find that each year I have different perspectives. Teaching in public schools (2 years) was not satisfiying at all....but teaching somewhere really, really needed is, (not that public school teaching isn't today). And, the Grandmothers I have met are absolutely terrific....I've learned about Navajo weaving, started a business club for Seniors; taught them how to start a business (and how to run it)...this has been satisflying. And, I did not have to give up air conditioning, sleeping on a bed, etc. The Teacherages are quite nice on the Rez, Navajo Bingo is offered in the evening at the schools,with sight-seeing all over Canyon De Chelly (National Mounment) and the 200 yr old trading posts (weavings, carving, artwork). And, I don't have to leave the country...although, one could this this in Belize, Costa Rica, etc. Fun, adventurous, rewarding and safe.
I would NOT retire until you're ready (if ever).
I've seen way too many cases of folks retiring and regretting it.
Some are ready for retirement, and some are not.
See if you can inject some variety in your current position.
Best wishes, KT
Is there any way you can "ease into" retirement? Any chance you can work part-time, job-share, or even take a part-time with your employer's competition? Working isn't always about money - it's just as important to have the mental stimulation and social interaction it offers.
There's no reason to just stop working, if you still enjoy it and find it fulfills you. Life doesn't stop after retirement, but yes, it does sound as though you'll be bored if you don't find something to fill your time with.
Why not try doing some volunteer work right now, in your spare time? See if you find it satisfying enough to replace working 9-5 - it might be fine, or it might not. Either way, you'll have helped out for a few months and the experience can help you further define your needs.
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