Learn about preparing for life after full-time work through posts from Don's upcoming book.
Here’s what you said about retirement education.
When we retire, we know what we’re leaving. But we don’t often know what we’re going to. In this post we’ll see why it’s unhealthy to contemplate a blank future, and why it’s important to recognize that we’ll probably transition gradually, not jump instantly, into a new lifestyle.
What I’ve been up to, and a request
Mostly we don’t think about life after work until it gets really near. Then there’s little time to adjust, and we might find the transition scary. But you can learn from the ideas I’ve grabbed here from others — and you may actually have done something similar before.
Two sets of interviews as a gentle introduction to thinking about retirement.
Here’s why graduating from full-time work should be viewed as a very desirable change.
As always, here’s a review of the ground we’ve covered in the last quarter — plus (importantly) a thought on how to catch up if you’ve fallen behind.
If you have an independent way of getting your own longevity estimate, you can adapt that online Actuaries table to fit your own circumstances.
There’s a particularly useful table available online. Here I’ll show you how to use it.
So now, through the personal funded ratio calculation, you have an idea of where you are, relative to your target. What if you’re above your target? Or below? How does that affect your lifestyle options?