Retirement - a 25-30 year project!It's worth spending 1 day to make the most of the next 10,000!
Planning for retirement is even more important today than it has ever been. Retirees are much healthier, much more active and can expect to live much longer – a whole new phase of life and opportunity is opening up. In addition the removal of the Default Retirement Age has meant that the decision when to retire is now in our own hands.
This means that it is extremely important to understand the opportunity that retirement presents for us personally and to remove any concerns we may have in order to help us to decide when we want to retire, or partially retire. Otherwise there is a danger that through inertia we will just continue working and miss the opportunity that retirement presents.
Unlike other phases of life, when we retire there are far fewer constraints – for most of our lives we are constrained by the demands of school, career and maybe children. For the first time we are faced with a period of maybe 25-30 years when we essentially write our own ‘job description’. That requires careful thought and planning, to avoid the pitfalls and to ensure we make the most of it and enjoy a balanced retirement.
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Visit the LaterLife Learning retirement courses website for more information.