You're welcome Ruth. It turned out well for both of them. I asked them if they knew of any examples of how they didn't want to retire that way. With their examples they helped themselves to good ideas. They both chose volunteer work for the same charity. And he continued to work part-time 6 hours a week.
Glad it resonated Sharon. There's a lot there isn't there...albeit for most it boils down to 2-3 main things, I am sure you have found the same with your work. I am working out how best to turn these into actionable insights :-) x
Bloody hell Ruth that’s scary and depressing and now head thoroughly in the sand! I just feel our ‘generation’ have been hood winked through credit card borrowing, endowments that didn’t pay out and now pension pots that are spread far and wide and not worth whst we thought they would! Anyone else?? 😀
Well i totally agree with every aspect of your explanation 😀 and the ‘i’m no good with money’ is more often than not, a response mechanism and linked to fear maybe? And yes, maybe next time we catch up, i’ll get some pointers off you 😀 Great article to get us all thinking so thank you 🙏
Oh no! Depression and fear was not my aim Jan 🤣sorry!
More, I wanted to communicate that ‘retirement’ and transition can be fear inducing, confusing as well as exciting.
Some in our generation may have been hoodwinked around money; some are perhaps uninterested in the subject or living into the label ‘I’m no good with money’; some are confused by the nonsense some financial advisers and product providers spout and some are unsure who to trust; many are just living in hope and/or haven’t been taught or grasped the basics of money management.
Money and the energy it evokes is complex.
And it turns out Personal Finance is more ‘Personal’ than ‘Financial’.
Starting to plan early is helpful. But it’s never too late to start. And a good Financial Planner is well worth their fees.
While talking to a couple whose husband is retiring in 2 years, the wife was worried that her husband will interfere with everything in the house. Her question was: What can we do to prevent the house from becoming so "full" when he retires?
You're welcome Ruth. It turned out well for both of them. I asked them if they knew of any examples of how they didn't want to retire that way. With their examples they helped themselves to good ideas. They both chose volunteer work for the same charity. And he continued to work part-time 6 hours a week.
What a great mutual solution. Congratulations Will, I’m sure they appreciated your input and help
Thanks Ruth, that’s a super list and timely for anyone over 50! X
Glad it resonated Sharon. There's a lot there isn't there...albeit for most it boils down to 2-3 main things, I am sure you have found the same with your work. I am working out how best to turn these into actionable insights :-) x
Bloody hell Ruth that’s scary and depressing and now head thoroughly in the sand! I just feel our ‘generation’ have been hood winked through credit card borrowing, endowments that didn’t pay out and now pension pots that are spread far and wide and not worth whst we thought they would! Anyone else?? 😀
Well i totally agree with every aspect of your explanation 😀 and the ‘i’m no good with money’ is more often than not, a response mechanism and linked to fear maybe? And yes, maybe next time we catch up, i’ll get some pointers off you 😀 Great article to get us all thinking so thank you 🙏
Let’s do that! X
Oh no! Depression and fear was not my aim Jan 🤣sorry!
More, I wanted to communicate that ‘retirement’ and transition can be fear inducing, confusing as well as exciting.
Some in our generation may have been hoodwinked around money; some are perhaps uninterested in the subject or living into the label ‘I’m no good with money’; some are confused by the nonsense some financial advisers and product providers spout and some are unsure who to trust; many are just living in hope and/or haven’t been taught or grasped the basics of money management.
Money and the energy it evokes is complex.
And it turns out Personal Finance is more ‘Personal’ than ‘Financial’.
Starting to plan early is helpful. But it’s never too late to start. And a good Financial Planner is well worth their fees.
Do shout if you want any pointers Jan.
Thank you Ruth. Insightful
While talking to a couple whose husband is retiring in 2 years, the wife was worried that her husband will interfere with everything in the house. Her question was: What can we do to prevent the house from becoming so "full" when he retires?
Thanks Will. I hear her! Retirement can be a very tricky transition for couples, a sense of encroachment can certainly occur…how did it turn out?
Good list of questions
Good list of questions