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Thursday, January 1, 2009

Retirement Life - Plan Ahead For Greater Satisfaction

By Michael Geoffrey

Retirement changes your life dramatically. Some who have reached retirement age realize that though they were financially prepared to care for themselves throughout their retirement they were not mentally and emotionally prepared for this major change in their daily life. It is important to plan not only your finances but also your life.

When you are accustomed to going to work every day you may find it difficult to fill your time with home repairs, housework or yard work. Your "to do" list will just keep getting shorter and shorter.

While this may seem like a ludicrous idea since they spent their entire lives working so they can retire, finding a way to occupy the time by passing on experience to others can be a helpful part of retirement life planning. For those that have yet to hang up their spurs, it may be time to consider what can be done in the after-work life. In order to appropriately participate in retirement life planning, there are a few points that will have to be examined.

Things like strengths and weaknesses and what are the values that guide your life are a couple of the questions you will have to answer for successful retirement life planning. Remember the difference between priorities and values is that priorities can change at a moments notice while values are the way you live your life. Values guide your actions and help determine what priorities are important.

Dusting Off Those Old Dreams

Most of us have many dreams of things we would like to accomplish in life. Most of us have also had to put some of our dreams on hold as we cared for our families and our financial responsibilities. Work has a way of eating our time and getting in the way of our dreams. But retirement is a time to dust off those old dreams and begin to work to accomplish the things we always wanted to do but never had time for.

After a number of years on the job, there is experience that can be shared with others just beginning their work phase of life. By sharing management skills with others they can learn from you and you can feel the gratification of helping others.

Many volunteer positions are also available to help others and for many, retirement life planning involves helping in the medical field. Whatever the experience it can be useful to others and can help keep a retiree's life active and meaningful.

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