There was a time when we boomers believed that we could actually retire at age 65. We also thought that our retirement
lifestyle would be simply enjoying the good life. Then our bubble was burst, and we found that we would probably have to work past our retirement age. And we have to do this in order to support our retirement lifestyle.
Now does that mean that the concept of an enjoyable retirement is no longer available to us? No not at all. We just need to rethink our retirement plan. We now have to prepare the right balance between work and leisure. It’s time to make a plan.
Define the plan
Assuming that we have decided that working after retirement is going to be necessary. Also, assuming that our retirement goals are based upon not working during retirement. The first thing we need to do is to create new retirement goals based on having to work after we retire. We need to include our family members in the creation of these goals.
If we have not already decided upon the type of work we plan on doing after we retire, we need to do that. The time it takes to complete the type of work we choose to do, is contingent upon the nature of the work.
The same is true for our primary leisure activity. Hopefully we will have to look at more than a couple of fun things we plan on doing during our retirement.
Now we can strike a proper balance between work and leisure. We need to set aside quality time for both. We need to consider how much time we can spend working before we hit the proverbial wall, and become brain-dead.
The same is true for leisure. It doesn’t matter how much we enjoy anything. Sooner or later the fun stuff will turn to boredom. So it’s equally important to define our leisure time.
There cannot be very much flexibility built into our plan, that strikes the right balance between work and leisure. It seems to be human nature for us to work harder and play less. That’s what we did prior to retirement.
We need to remember the reason why we’re working during our retirement. It’s not to create our income, it’s to supplement our existing income. Therefore, we can afford to be disciplined in implementing our plan to balance work and leisure. As a result, we will more likely be able to enjoy our retirement more.
There is a chance that our plan, over the long haul, may not continue to work. There is a possibility that we may find work which we do actually enjoy and want to spend more time at. That’s okay as long as we don’t give up quality time with our family. In this case remodeling the plan is okay.
To help us maintain the plan, which we put so much thought into, it’s a good idea to make our plan public. This may well make us a hero in the eyes of our family members. After all, we’ve come up with this plan which will enable us to spend more time with them.
Keys to make the plan work
Don’t allow our work challenge’s to infringe upon our leisure time, and vis-a-vis. There is a saying, “make a plan and then
work the plan”. Simply put, if the plan instructs to work 4 hours a day, and play 4 hours a day, that’s pretty much what we need to do.
However, our plan needs to be flexible enough to meet our daily requirements.
Know what we do well, also those things we are not so good at. Capitalize on our strengths, and work on our weaknesses.
Make a goal to turn our weaknesses into strengths. With the right mindset, that is entirely possible.
Don’t spend so much time working that we burn ourselves out. When we, get tired take a break which takes us completely away from our work.
Remember that the time we spend with the family is just as important as the time we spend working.
What if we don’t know what we are going to work at.
There are probably some people who head into retirement and know exactly what they are going to do to supplement their retirement income. To those people I say, good on ya. These are the people who have developed a marketable skill or hobby prior to retirement.
What these people need to do, is develop the economical method to market their product or service.
A very effective and, economical way to market products is to utilize the internet. There can be expensive start-up cost to develop a business, which in the past made going into business for oneself prohibitive.
But, we can utilize the internet, and the start-up cost is minimal, plus the exposure of our product, or service, has virtually no limits.
Many boomers these days are well acquainted with how to use the internet.
However, marketing online maybe a skill we haven’t acquired. I can show you a place online, where every aspect of
internet marketing is precisely taught. That platform is called Wealthy Affiliate. I am very familiar with Wealthy Affiliate because I’ve learned everything I know about online marketing from Wealthy Affiliate.
Further I continue to stay up to date with current online marketing trends through my affiliation with Wealthy Affiliate.
If this is something that you find interesting, and would like to learn more about it, here is a link to my website, where I have a page dedicated a page as a review of the Wealthy Affiliate product.
There are boomers who are about to retire, or are retired, and don’t have a plan as to how to supplement their retirement income. By the way, that cannot be a bad thing, because there is plenty of us in that position.
Does that mean that we aren’t in the position to utilize the internet, to be able to effectively work from home, and to be able to establish our own work schedule? No it does not.
Our biggest challenge is to choose a product or service to market. Once again, Wealthy Affiliate can help us with that. After we have chosen a niche, Wealthy Affiliate will show how to market that niche. Once again, if you find this interesting, you can click on the above link for further information.
That’s all I got for now. I just got a “honey do list” request from my wife. The important point is that, with some planning, there is an enjoyable life for us after retirement.
I do want to hear from you if you have any thoughts to add, or if you disagree with any of my thoughts, please let me know. You can leave your comments below.