In our parents’ days, people simply left the job they had held most of their lives and moved onto permanent vacation when they retired. But then, most of them never lived the additional 25 to 30 years anticipated for many of us boomers.
Many people say, “I’ll travel when I’m retired, then I’ll have the time and money to truly seek adventure.” The harsh reality though, is that a little over 3 million Americans are concerned that they will not have enough saved income to afford to retire in the United States, much less travel.
When I arrived at the gym, the electricity had been off for three hours. The treadmills were idle, and only people-powered-machines were raising heart rates.
So, you’ve said your farewells, rented out your apartment, packed your bags and landed in your new home. A new life is about to open before you.
Over the next decade 75 million Americans will retire. For couples, it may be surprising to learn that this transition may prove more difficult than for a single man or woman.
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When it comes to retirement planning, women our age face some unique challenges. First, statistically speaking, we will likely live longer than our male counterparts. Second, while not universally true, we may not have had the opportunity to earn as much as we deserved during our careers. The good news is that there are plenty of things that we can do to plan for the years ahead… even if we have already reached retirement age. Today, I’d like to share 7 retirement tips just for women like us. Come join us for a cup of tea (or coffee) and a chat. And, if you enjoy the show, please tell one friend about us today. Your support means so much to me!
“Why do you live in Mexico?”
I get asked that question a lot. And the answer is – for many reasons. I’ll start with the more obvious: great weather, delicious food and incredible culture. I could go on and on but I’ll try to focus. It’s just that every time I turn my head, I see another reason to love this country.
Almost 20 years ago I moved to a small town in Bali, Indonesia. At 65 I’m still here, part of a vibrant community of expat elders who have chosen a very different path in retirement.
Retirement is an exciting time for us, independent adults with its endless possibilities for travel, entertainment and new friendships. But when it comes time to decide where to live during those later years, it’s important to take all options into consideration.
I have been dealing with the topic of the transition to retirement for the past 25 years. During this time, I’ve worked with clients considering retirement at many different times in their lives. Some have retired at the “normal” retirement age of 65 while others have retired by age 50 or deferred to age 75 and even 80.