Are you prepared to reimagine your retirement transition? Retirement can be a daunting prospect for many, filled with uncertainty and fear. But it doesn't have to be. It's time to break down preconceived notions and replace them with genuine insights and effective strategies for a fulfilling retirement.
Retirement is not just a stage of life, it is a significant life change that often requires a year or more to fully adjust to. As you’re Creating Your Encore Career, we wish to guide you through the uncharted territories of retirement.
Here are two revealing surveys from the Retirement Coaches Association and the Transamerica Center for Retirement Studies to provide an insightful perspective on the matter.
Non-Financial Fears Accompanying Retirement
Retirement isn't just about money; it’s also about managing the non-financial aspects of life. Many retirees face fears such as loss of identity, lack of daily routine, and having fewer friends.
These challenges can often make the transition to retirement more difficult than anticipated. Having specific written plans and goals for everyday life in retirement can be immensely helpful.
Reframing Your Perception of Work in Retirement
Create an encore life where you work on your terms. Do the work that you love, when and where you want, and live your dream.
This reframing of retirement offers a refreshing perspective, allowing you to envision potentially fruitful years of retirement.
Creating Multiple Income Streams
As Mike Kim’s upcoming webinar on creating nine streams of income suggests, it's crucial to consider what you could be doing in your encore life. This webinar provides the opportunity to learn how to cultivate multiple streams of income during retirement.
It urges you to rethink the traditional concept of retirement and embrace the idea of continuing to generate income in your golden years.
Retirement is More than Just the End of Work
Retirement should be a time for personal growth, self-discovery, and living life on your terms. It is a period to explore new interests, hobbies, and even careers. Retirement is more than just the end of work – it's the beginning of a new and exciting chapter in life.
Start shaping your retirement today!
