Yesterday I received an email from a reader that is 259 days away from retirement and is getting a little nervous about pulling the trigger. Which makes me think this is a good time to introduce a book I’ve been reading by Alan Spector and Keith Lawrence, “Your Retirement Quest-10 Secrets for Creating and Living a Fulfilling Retirement.” This is a great book for anyone getting ready for retirement. It’s not a quick read—it requires active participation from the reader in order to mold a retirement that’s specific to you.
But in terms of the decision about whether you are actually ready to pull the trigger, Your Retirement Quest has some great guidance. If you can answer, “yes” to the following questions, you’re ready:
- Do you have enough?
- Will you have enough to do?
- Have you had enough?
I am one of those people that has an unusually easy time making most decisions. So I didn’t consciously consider these questions at the time I retired. But looking back, the answer was a resounding “yes” to all of them. Which is probably why the decision was one of the easy ones for me.
Once you decide to retire, that’s not the end of making decisions. You get to decide as you go along how you want your retirement to look. As the book points out, you’ve got to keep renewing your plans:
“The recipe is to assess your situation, establish your plan, implement it, renew it-then reassess your situation and repeat.”
Your retirement could last decades. You’ll want to keep it evolving over the years to stay fulfilled. If you do decide enough is enough, and that you want to craft your plan for retired life, you’ll do well to keep in mind Spector and Lawrence’s other advice, “A plan is only something from which to deviate.”
(Stay tuned, the authors have generously agreed to host a giveaway of a copy of the book. Details to follow in a future post.)
This is a post from Retirement: A Full-Time Job