Filing for Retirement – a Cautionary Tale
Legacy signals
Legacy popularity: 1,516 legacy views
Legacy rating: 3.5/5 from 2 archived votes
On the occasion of my 62nd birthday - well, actually, the two weeks prior to the event - I decided it was time for a short depression. I earned it. I was entitled. And I was going to wallow a bit. This was followed by a two-week celebration, so it all balanced out, and the whole experience is perhaps a perfect representations of the contradictions inherent in aging today.
Many of us eagerly anticipate the magic date when we become pension-eligible. The vision of a monthly check – large or small – looms large and the idea of income unencumbered by hours in an office holds great appeal. After all, we worked hard for that money. The mood should be celebratory. We should be joyous. And yet, I didn’t find myself dancing. I found myself a little depressed. So I began to ask around. As it developed, many of the men and women I spoke with found themselves feeling a sense of loss.
The contradictions are many:
I'm eligible for a pension and I'm actively building a reputation in a new field.
I look younger that I actually am, but my body pretty much functions in ways typical of someone who is no longer 40.
I have wonderful ideas and plans. I am enthusiastic and ambitious. I need a nap.
I want to travel and have adventures and meet new, interesting, exciting people. I have trouble making enough time for the friends and family I already love.
I am taking an assortment of pills every day. I am healthy and vital and energetic.
Every day brings a wonderful assortment of moods and feelings - optimism and dread live side by side. Energy and sloth emerge seemingly at will. Chocolate (serotonin) competes with blackberries (antioxidant) for center stage. Wanting to cook wonderful meals coexists with lists and lists and lists of new restaurants to be explored. Feeling invisible and cast aside (who wants the retired lady?) vies with requests from new and old clients and opportunities to spend time in the company of brilliant and exciting folk. How can we deal with all these contradictions?
1. Take your time. Adjust. Allow changes to sink in. Sometimes, it is far better to do nothing. What looked like a huge problem may disappear if left alone.
2. Take stock – of who you are, of what you want, of what you have, of what you need. You don’t need to do everything. In truth, you don’t even really want to do everything – you’re just attracted to the sparklies.
3. Learn to edit and prune. Give things away to make room for new things to come into your life. Give up habits that no longer serve you. End as many relationships as you can that don’t add meaning and joy to your life. Give up activity for activity’s sake.
4. Set intentions, not goals. Envision the activities, the things, the people that you want in your life. Be clear about what actions will create what you want. There’s a difference between acting purposefully in clear intention and setting goals that may limit or constrict you.
5. Stay curious. Explore. Invent. Create. Nothing else can keep you as young, vibrant, and sought-after.
I sit and giggle at the richness of possibilities even as I am dizzied by contradiction. No wonder they say aging isn't for sissies!
Article author
About the Author
Further reading
Further Reading
Article
Be Honest. How Much Money Will You Have to Retire On When You Stop Working?
I wonder how many of you even know. I'll bet a lot of you don't know. Or you kind of know but not really. It's vitally important for you to know. For some of you, if you have a more 'elaborate' retirement planned (lots of travel etc) you will need more than someone who has very simple wants and desires. There certainly is no right way but you need to know your truth. One of the lucky things about being a woman is you generally live longer than men. Wonderful!! But you will need more money.
Related piece
Article
When Is a Good Time to Ramp Up Your On-Line Business and Your Life?
Is there ever a bad time? I don't think so. And I also believe that if you ramp up your business your life will change and if you ramp up your life, your business with change. I really don't believe you can separate the two but for now I want to focus on your business.
Related piece
Article
How important is an Ethical Will to Boomer Women? Very.
Ethical Wills have been around for many generations but seem to be regaining their strength. That may be simply because many of you are getting to the stage in life where you begin thinking about what you are passing along to your children or other loved ones. Another term for Ethical Wills might be a “Values and Vision Statement.” In a nutshell, it is a tool for passing your memories, values and traditions to your loved ones and future generations. Keep in mind that an Ethical Will is not a legal document.
Related piece
Article
Do You Have Enough Revenue Streams in Your Business? Do You Have Only One?
If you don't have more than one revenue stream please read this article carefully! By having only one income stream you are putting yourself in financial danger. Let's say you just work on 1-1 with clients. What happens when times get slow, like in the summer or holidays? Where will your income come from? We all need income right? Plus, with only working 1-1 you are constantly looking for new clients and not only can that be a pain, I don't want you coming across as desperate for clients because you will push potential clients away.
Related piece