By Craig Blouin
April 13, 2018 — The warm, inviting glow of retirement on the horizon motivated me as I moved toward it during my last years in the workaday world. I’d put a good many miles on the roadway of life up to this point and now there was a sweeping curve up ahead. I sure wanted to have a look at what was around the other side.
Those last few miles seemed to take an inordinately long time to get through. But then I was there, the promised land: Retirement! After a rousing send-off by my work colleagues — either sad or delighted to see me go — finally it’s the first day of the rest of my life. Great! … So now what?
I’m not usually a goal-oriented sort of person, even though many years ago I’d attended a Covey Institute intensive workshop at the Sundance (more…)
Posted by Admin on April 12th, 2018
Some people really want to retire – but there are reasons why they can’t.
Other folks want to keep on working – but there are pressures on them to retire.
April 4, 2018 — Assuming you are lucky enough not to have found yourself unexpectedly retired, as so many baby boomers have, you might be wondering if this is the right time to retire. Unfortunately, there are so many different and unique situations that it is hard to assign a one-size-fits-all answer. In this article we will lay out some common situations where there is either pressure to retire or pressure against, and then some possible solutions. At the end what we are really hoping for is Member input for ideas on the best way to handle these situations. And, if you are looking for more articles on this topic, including case studies about actual people’s retirement experiences, check out the Retirement Planning section of our Blog (67 articles).
Not just a number
Retirement shouldn’t be just about a number – such as “I’m 65 so I better retire”. Obviously the best time to retire is when you want to, and when you think you can afford to. Many people dream of retiring as soon as they can – even in their 30s. But others hope never to stop working. But sometimes there are other factors that force the issue. That is what we will talk about here.
Some different situations:
A basic consideration about when to retire is if you love your job or not. Another big one is, can you afford to retire? Not being in a financial position to call it quits adds extra pressure. Sometimes there might be multiple factors that affect your decision to retire or not.
Let’s assume first (more…)
Posted by Admin on April 3rd, 2018
Home and Garden
March 23, 2018 — Are you one of the many people who have been carefully amassing, polishing, and preserving all kinds of collections for posterity? Here is some really bad news – nobody wants it but you! As one furniture dealer, speaking about early 20th century goods, commented, “It’s never coming back.”
Recent articles in the New York Times and the NextAvenue.org blog highlighted this sad issue, which then generated an avalanche of emotional comments. It is very hard for people to part with objects that represent emotional or sentimental ties with the past. Many people develop feelings of guilt about losing objects tied to their ancestors, while others go into denial.
Here are some of the top 10 treasures that you might love, but nobody (more…)
Posted by Admin on March 22nd, 2018
January 17, 2018 – Many important things in life rely on a three sided approach. Christianity has as the Holy Trinity the Father, the Son, and the Holy Spirit. A pyramid relies on 3 faces for stability. Less seriously, our brother likes to say that a good gumbo relies on the holy trinity of vegetables: green peppers, celery, and onions (we would add okra). We think there is a good case to be made that a good retirement relies on three key supports as well.
3 Pillars of Retirement
1. Health. Far too many people yearn for and plan for a great retirement, only to have those hopes shattered by a serious change in their health. Sometimes that happens before they retire, other times it happens not along after their working days end. Instead of enjoying golf, tennis, hiking, fishing, or whatever – you find yourself living a sedentary lifestyle, often with crushing medical expenses and painful treatments. Having a serious health change can also affect many other aspects of life too, such as where you live, and how you plan to stay busy in retirement.
The problem is that no one ever thinks bad medical news will happen to them. But too many times, one day (more…)
Posted by Admin on January 16th, 2018
November 18, 2017 — Anybody who has spent any time preparing for their retirement quickly realizes that it isn’t that easy. Sure, you can retire one day and just float along, but it probably won’t work out too well. For one thing, you might not realize until too late that you can’t afford to retire. Or you retire somewhere, not knowing that there is actually a much better place for you to retire. And even if you are wealthy, you might retire unhappily, woefully unprepared for how to stay busy and fulfilled.
In this article we have assembled our top 10 retirement tools for your consideration. They are tools we have used and know to be helpful. We have grouped them into categories for your convenience. As always, please share (more…)
Posted by Admin on November 18th, 2017
September 2, 2017 — Results from the Employee Benefits Research Institute’s Retirement Confidence Survey (RCS) paint a disturbing picture for many American workers. The percentage of pre-retirees who are very confident in their ability to afford a comfortable retirement continues to be low. On the other hand, people who are already retired report a much higher level of confidence that their finances will provide a comfortable retirement.
It is hard to say why the two groups – pre-retirees and the retired – report different levels of confidence. It could be that folks who are already retired know their situation and do not have the anxiety about the future that (more…)
Posted by Admin on September 1st, 2017
Editor’s note. This is another in our continuing series of articles exploring actual people’s retirement stories. Thanks so much to Gary and Pat for sharing theirs. See bottom of article for more baby boomer retirement articles.
September 1, 2017 — When it comes to planning out a retirement and then living it to the fullest, this pair of former educators in the Michigan school system could teach the course. Gary grew up on a farm on Lake Michigan, and Pat grew up nearby. Both learned the value of hard work, and both loved living near the lake and exploring it winter and summer in their childhood and working days.
The pair have always been enthusiastic runners, bikers, and tennis players. They met as competitive cross country ski racers, crisscrossing (more…)
Posted by Admin on August 31st, 2017
August 23, 2017 — There is one very clear conclusion from our latest Member survey, “Selling Your Home and Retirement Planning” – our Members overwhelmingly plan on moving to a different home when they retire. And, they plan on moving on in much greater numbers than does the general population. Some 90% of our recent survey takers said they definitely will sell their home, are thinking about it, or have already sold. That contrasts with just 6% that say they will definitely or probably stay in their current home.
Topretirements’ Members itch to move is starkly different from a recent AARP survey, where 90% of people over 65 said they want to remain in their own homes and community as long as possible. For comparison, a Del Webb survey some years back found that about one third of baby boomers plan on moving in retirement.
The Topretirements.com survey from last week asked 10 questions about moving, downsizing, and what kind of home you intend to buy for (more…)
Posted by Admin on August 23rd, 2017
August 14, 2017 — Whenever baby boomers get together there is always one guaranteed topic of conversation – what are your retirement plans? Here is your chance to share your plans (and actions!) and compare them with what others in the Topretirements.com community are thinking about. Our latest survey is an update on one in 2013 that brought in a phenomenal response. The new survey is “Selling Your Home, Retirement Preparation, and Where You Will Move“.
Please take this quick survey now. We promise to summarize the responses in detail in a coming Blog and newsletter article, along with a comparison to how our Members answered back in 2013.
TAKE THE SURVEY NOW!
Posted by Admin on August 14th, 2017
July 31, 2017 — Just like the childless doctor that gives parenting advice, almost every “expert” has a few things to learn once they actually experience what they have been advising on. Retirement experts are no different. We recently read a great article by Paul Brown, who co-authored several books about retirement in his 30’s and 40’s. Now that he has actually experienced retirement for a while, he has had some realizations. In general Paul believes he gave good advice to his readers. But he knows now he should done two things differently:
1. Been more empathetic. Actual life is more complicated than theoretical.
2. Given more concrete examples.
Later on in this article we will give a quick rundown of the 3 examples he wrote about in this NY Times article, “Things I Should Have Said About Retirement Planning“. But first, here are (more…)
Posted by Admin on July 30th, 2017