Society is about to "Boom" and I retired last August. Some seek retirement early, others put it off as long as possible. A basic question can be asked again. Who am I? And what kind of a world am I in.This blog will encourage individuals to explore the idea that "its more than just about the money". Retirement: Third Age New Beginnings
Take some time to think about the following questions and what your answers tell you about your thoughts on retirement. The less the number of thoughts, the less you may be prepared. 1. Why are you thinking about retirement now? (You get one point if you think that someone who knows you well considers your answer Good and Clear)
2. Do you want to retire? (One point if yes)
3. Have you attended a retirement preparation program or seminar focused on financial planning? (One point if yes)
4. Have you attended a retirement preparation program or seminar focused on social planning? (E.g. community activities and interpersonal endeavors)? (One point if yes)
5. How would your finances be if you retired now? (One point if good or better)
6. Have you developed any outside interests, hobbies, volunteer activities or areas of new learning? (One point if yes)
7. Have you planned new activities where you would interact with people on a regular basis, offering opportunities for new friendships? (One point if yes)
8. What do your family and friends say about you retiring? (One point if they think you are doing the right thing)
9. Have you considered whether you want a complete or partial retirement? In other words, have you considered part-time or temporary work, or even a less than full-time small business venture? Emphases here are on consideration. (One point if Yes, even if you choose not to go this route)
10. During retirement, will the process of making at least a modest contribution helping out in various volunteer or other activities be sufficient for you, or do you feel you need to make an immediate major difference in what you do? (One point if yes to the first part of the question or to the second part if you feel you have lined up an activity where you can make an immediate major contribution)
11. What is important and fulfilling for you? How do your retirement plans relate to your thinking here? (One point it someone who is reliable and knows you, feels you give a straight answer and considers your answer Good and Clear)
12. What is it that gives you a sense of meaning and purpose in life? How do your retirement plans relate to your thinking here? (One point it someone who is reliable and knows you, feels you give a straight answer and considers your answer Good and Clear)
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Scoring--What is your Retirement Readiness Quotient?
12points: you are in position for a great retirement 10-11 points: your retirement will likely be highly satisfying
8- 9 points: your retirement could have some problems that are likely fixable.
6-7 points: you could be challenged by ambivalent feelings about retirement, requiring a _____________solid effort to bring your situation up a notch 3-5 points you are potentially in a trouble zone with your retirement now working well, _____________ short of a major effort to get it back on track.
0-2 points You are in jeopardy of having an unfulfilling retirement, requiring an all out _____________effort to have things work out to your liking