I discovered a common view as people try understanding why they need to be active and earn as they transition to retirement, and not start the process in retirement. We wear our experience and knowledge as a badge and while employed seldom reap the rewards we should, we settle for the pat on the back and the odd free lunch. All experience and knowledge should be utilised to earn you equal or more than what you put in, and by equal or more I mean better than what you accept.
I sat quietly as someone explained how expectations went wrong, as an educated person of a productive work history, why is it they have no pension, some savings and not the bigger brighter picture they expected. I said you will have that big bright picture you want, you have to start thinking of your experience and knowledge as a tool and not a badge. We start by looking at what is realistic and your time window, you also have to dig deep and let go of things that are just things and open your mind to more rewarding but reasonable lifestyle options.
Many times our working mind state is so occupying that we drift into the life of television commercial sampling. Ending up with stuff . Retirement is the cold shower of reality, at this stage of life earning is limited and the cost of living or existing will always be expensive.!
Yes we know we have to get ready for the changes retirement will bring. But the problem with change and getting older, is not the getting wise, but the feeling comfortable. The bad comfort zone is the non active comfort zone and it is the easy trap, as you are winding down your working life start thinking about your retirement activity income, not how to spend your savings. The money saved for retirement is never enough, because we know things will get more expensive, break or need repair. The savings should always be part emergency and part building.
The building part of the plan can be used to develop a hobby into a fun activity with income, by using your life experience, knowledge and passion along with our help and options at SunKlub International. Many leave the building part to others, remember leaving what you worked so hard to achieve up to others to build may not be in your interest. While building on your passion, experience and knowledge leaves you in control and with the balance of hobby income options and caution, it can deliver a possible greater up side.!