Life after Retrenchment & Retirement

Have you imagine what will tomorrow going to be if you are retired, retrenched by the end of the business TODAY? For a spur of moment, you felt relieved. However, do you still have a comfortable income to sustain you till end of the year? What are your plans when you woke up the next day?

Not many people have considered that. Many people are striving very hard to keep their current full-time job till they are going to retire or time to be retrenched.

I am not saying that there is not a bad idea. But have you started to ponder what you will be doing if that unlucky day really strikes on you when you are least expected?

Even though some people might have considered, they do not know where to start with. Many people thus go into fast cash opportunities, like shares, stocks, options and so forth. They put in their hard-earned money into such opportunities.

These are the high risk games. If you are not guided properly, you will not be able to reap the benefits from the market. Since you are not well-trained, thus you might not have the clear visibility of what you are investing. You might have invested your funds without in-dept thoughts or understanding thus you might have open your wallets to the bigger suckers. Thus your credits cards debts might have risen once again.

In order to keep away from such mishaps happening, you should avoid this route of getting yourself wealthy or engaged into such activities so as to past your time.

There are few other industries you can enter if you are planning to.

One of the industries is training, be a public speaker or a trainer. Some friends told me they were afraid to speak in front of a crowd. However, there is always a first time in everything you do. And the fear in speaking can easily be managed. Just follow some simple steps and the fear will be flying in formation. You are then in total control of the fear.

Alternatively, you can also hop into the Internet band wagon. Its low risk and low cost. You can learn something new in this new advanced technology too.

You may not be well versed with the speaking industry & Internet technology. In fact, there is not a requirement to be well versed with them too. So long you understand the basic concept of marketing, speak from your experience. You are ready to earn some fast cash from the respective industries.

Would you like to know more?

Learn how to: Communicate in public, Internet Marketing

Whatever it is, I will be sharing with you the above home based career in my next article. I might publish it on my website. Check it out at http://www.dennis-kwan.com/wtgt/

Lead a Life of Dignity With Texas Reverse Mortgage

Most of us spend all our adult lives fulfilling our responsibilities and obligations towards our families and before we realize it, our life has passed us by and old age arrives. As our retirement draws near, most of us are filled with apprehensions about the future, wondering about our financial condition, once the regular flow of income has come to stop. Although the household expenses are bound to remain the same or perhaps increase with the passage of time, our income is bound to decrease to come to sop once we retire from active service. Financial planning for the rainy days can help to certain extent, but a sudden emergency can destroy our best laid plans. Therefore, if you above the age of sixty two and have reached your retirement, maybe it is time for you to consider a reverse mortgage option.

Texas reverse mortgage is n unique loan plan for which the only qualification you need is that you must be above sixty-two years of age, retired and a house owner. The house can be put up as collateral in lieu of your Texas reverse mortgage loan. The major difference and advantage of such a loan is that, in spite of borrowing money against your asset, you can continue to live in the house till the time of your death. In addition, there is no need for you to repay the loan for as long as you live. The property acts as the guarantee, which will repay the loan after your demise. The reverse mortgage also allows the borrower continued ownership of the property so that you could also sell off the house if you feel the need.

However, in case you decide to sell off the property that has been put up for Texas reverse mortgage, the sale proceeds must be first use to clear off the mortgage and only after that the remaining amount may be handed over to you for your personal use. Another advantage of the reverse mortgage plan is that the mortgage or debt does not pass on to your heirs after your demise. Hence, you need not worry about leaving your family in debt. The only downside of a reverse mortgage plan is that the house you have so lovingly built over the years cannot be left to your heirs and if this is unacceptable to you, then perhaps, a reverse mortgage is not the right solution for you.

However, millions of senior citizens of America have taken the advantage of a reverse mortgage on their property as they strongly feel that their property is theirs alone to dispose of in any manner they deem fit. In addition, the mortgage would provide them with ready money at a short notice without any additional liability. This in turn allows them to lead a life of dignity and self-respect until the very end. This in itself is a big boon for the retired, senior citizens that they do not have to approach any friends or family for financial help.

Tips to Help You Determine if You Really Need Life Insurance

When the stock market began going through its challenging times, many of us put our heads in the sand. We now understand the importance of getting back into the market. There is another financial area that is often neglected but just as important – life insurance. Today, we will consider the benefits that life insurance can offer us at different stages of our lives.

Single adults

For the most part, single adults do not need to have large life insurance policies. The biggest concern is making sure that final expenses are covered so that surviving family members do not have to struggle to cover the costs.

There may also be some outstanding debts. Usually, smaller debts are eventually written off by the creditors, but any debts that were borrowed with a co-signer will still need to be paid. Since co-signers are still responsible for the entire remaining balance, life insurance proceeds can relieve the co-signer of some of that burden.

Some single adults may also consider leaving a financial legacy with a favorite charity. For the cost of the monthly life insurance premiums, life insurance can help individuals to provide a sizable donation to help further the cause of a charitable organization.

If a single adult is also a single parent, the support and care of the minor children will be very important. Life insurance proceeds can help the designated guardian to continue to provide for the children in the manner that the parent intended.

Married adults

Married adults have many of the same financial concerns as the single adult. Life insurance proceeds can also enable the survivors of married adults to cover final expenses. In this stage of life, there is a surviving spouse who will still be responsible for the debts. Married adults may also desire to leave a donation to family or to a nonprofit charitable organization.

However, there may also be a family who will struggle with the loss of income. Families generally need income replacement for at least a few years, if not longer. This income enables the family to continue to cover the mortgage or rent payment, general living expenses, and even help with the children’s educational expenses.

If the married adult was a stay-at-home parent, there may not be a loss of income, but the family may still struggle financially. The surviving parent will need to adjust to the loss of the other parent. If the work schedule is not flexible enough, there may be a cost to covering the tasks that are no longer covered by that parent.

For example, a housekeeper may be needed to help with cleaning, laundry, grocery shopping, and meal preparation. There may be a need for child care during work hours, or someone to help transport the children to their extra-curricular activities after school.

Retired and/or widowed

In the later years, life insurance is usually less important. While final expenses should still be covered, and there may still be a desire to leave money to family or to charity, the need for funds to cover debts and living expenses should be minimal.

In retirement, there is no need for income replacement because there is retirement income to live on. Ideally, it should be enough to continue to pay the survivor’s living expenses and any remaining debts.

Life insurance requires proper planning at each of the life stages. As our lives change, our needs change. It is important to review our coverage as we transition through these stages to ensure that our families are able to grieve without the additional stress of worrying about how to take care of the financial issues we leave behind.

Re-Imagining Retirement: Strategies To Help Re-Energize Your Life

When we speak about retirement, we usually refer, consciously or not, to a period of withdrawal. This may be tinged in Technicolor, with images of grandchildren, travel, and other things we dreamed of but didn’t have time for during our employment phase, but rarely does the concept include commitment, leveraging our personal resources to impact a world view, or connecting to our community in a more profound way than had previously been envisaged. So, when Jimmy Carter, or George Soros or even Bill Gates demonstrate the impact of wisdom and leverage, we respond to their challenge as a product of prestige (Carter) or money (Gates and Soros). Rarely does it occur to any of us that their retirement world view is an extension of their working life.

Let’s explore the subconscious root of our concept of retirement. For many of us, our internal sense of personal energy is connected to a mechanistic idea of the universe. The medieval world saw God as the great clockmaker who wound the universe into action and therefore the world and our actions within were predetermined. This was a powerful image and one which persisted in science well into the 20th century. But the experimentation of one man, Albert Einstein, changed the basic scientific face of this belief system forever. He demonstrated that energy creates energy, that the universe was not mechanical but self-energizing. And that is the most important scientific concept inherited by the 21st century.

But what does that have to do with retirement, and how does science, or nuclear fission or the clockmaker God impact your retirement? Well the simple answer is that how we see retirement and our associations to it are, in part, a response to whether we see our lives as mechanistic (i.e. slowly running out of energy, which includes withdrawal, a narrowing of options and a preordained set of options) or whether we see it as an opportunity to leverage and expand the sum total of everything we have learned and earned up to this moment in our lives

This second option, seeing ourselves as a resource to the world, is psychologically challenging and possibly even frightening. We might associate this to a responsibility that Jimmy Carter or Bill Gates might take on, but not us. But the other option is to think of yourself, your past, and your passions as a moment of assessment: how do you want to be remembered? What are your connections to the world at this phase of your life? Will your legacy focus inward, to family, travel, pleasure, or outward to your community, your country or even to the world at large?

The challenge of this last option, to see ourselves as people at the peak of our wisdom and capacity, carries with it both great opportunity and corresponding responsibility. My interest is to allow us to acknowledge our debt to past concepts, including the mechanical universe and all the limitations that implies, and to encourage choice of another kind. By doing so, we can re-imagine a retirement in which we can potentially enhance and leverage our accumulated resources and operate from that freedom. And in that vision, freed from the constraints of mechanical fatigue, we recognize the renewable source of our own energy, building upon a lifetime of thought and experience, an accumulation of matter ready to create new matter.

Change in Lifestyle and Environment- the Secret to a Happy Retired Life

Change is inevitable. That is the law of nature. The natural process of aging is gradual and those who are near and dear to you seldom notice the changes.

The fact remains that you are growing old. With advancing years your lifestyle too should be re-oriented in such a manner that you do not put unnecessary strain on the diminishing reserves of your body.

Moderation in everything that you do is the key-word. You may continue with your activities but do it in moderation. Health plays a major part in the lives of the elderly but unfortunately another aspect that is often overlooked is the “Environment”. If due importance is given to this aspect then, many other problems such as Accidents, Loneliness, Health etc. could be easily managed.

Some major environmental problems that should be high priority when you retire are:

1. Finding a suitable place to live after retirement should be priority No.1 Larger cities are good for the younger people but the Retirees should consider moving out to a pollution free town or village in the outskirts of the city.

2. Choose a place not too far from your friends and relatives so that they could be of assistance whenever needed.

3. Ground floor is the best for the elderly. Split level houses should be avoided. If there are steps, good hand rails should be provided.

4. The house should be well ventilated and provide plenty of sunlight.

5. The floors should be well carpeted. Worn out carpets are dangerous since you could trip and fall.

6. Electric wiring should be permanent and all electrical gadgets should be in good working order.

7. Avoid loose and long clothing. Many accidents are caused by tripping and falling. Fractures and injuries during old age could take a longer time to heal and be a source of worry and agony.

8. Clothing should always be appropriate to the season. Inappropriate clothing can lead to health conditions such as, body pain,arthritis, chest cold etc.

9. Entertaining of guests and socializing should also be done in moderation. The consequences of exertion and heavy drinking can be detrimental to your health.

10. Keep your mental faculties active.

One of the best ways to keep yourself well informed, mentally active and to have fun is to spend time on the Internet. The whole wide world is at your finger tips if you can operate the computer. If you are unable to use a computer, it is advisable to take a few lessons that will make you quite proficient in using the computer and the Internet. Sending e-mails to friends, reading the latest international news and visiting interesting websites can be fun. In fact you can even earn an Additional Income. Full details are given in the article, Practical Internet Home Based Business Ideas, for the Young and 50 Plus Entrepreneurs : http://www.business-fromhome.com/article671.html

Old age should not in any way mean that you must give up participating in community activities. It has to be in moderation, that is all. Your lifestyle might have changed but your experience, knowledge and expertise will be needed and much appreciated by your community. Share it with them, enjoy yourself and make life happy and pleasant for the others too.

Change in lifestyle and environment during retirement does have certain emotional under currents such as missing your long time neighbors, some of your old friends and of course some of your favorite haunts. Unfortunately certain changes have to be made in a changing world and changing circumstances.

Make these changes in the right spirit and enjoy your retired life.

Do you Want to Live a Meaningful Life?

The search for meaning and purpose in your life is sometimes referred to as Spirituality because it pays attention to your inner life. No matter what stage of life you are in, you may be looking in different places for meaning and the need to matter.

Young adults often look to work to help define their identity. Many hours are spent at work which easily translates into being needed and often appreciated. Often adults approaching retirement look to religion and/or spirituality as a means of redefining who they are.

In both cases, what is important is the feeling that you “matter” or count in someone’s life. Feeling needed, appreciated, and noticed is necessary for good mental health. There is no right or wrong activity. It is whether the activity engages you, uses at least one of your strengths, and makes you feel appreciated that is key.

Viktor Frankl, a Jewish psychiatrist believed that an authentic life must be a journey of meaning. We need meaning to thrive. Without meaning, we lose our way. What things in your life make you feel like you “matter” or give your life meaning?

Meaning comes from using your strengths to achieve your purpose. You have to have a purpose to experience meaning. Purpose can be thought of as your goal or direction. It conveys action or movement toward something that you value. It can be your personal dream, something you are passionate about, or your mission. For example, your purpose might be to become the best at something that is important to you, i.e. being healthy, your work, marriage, parenting, or friend. What is your purpose?

There are many benefits of having a purpose or goal. It:

* Stimulates you.

* Enhances wellness.

* Activates healing powers within you.

* Motivates you.

* Fills you with energy.

* Keeps you youthful.

Try answering these questions if you are having trouble determining your pupose:

Think of a time when you were younger. What did you dream of doing in your life. What did you dream of doing?

* What makes you feel like you matter, feel needed or appreciated?

* What are your strengths?

* How can you use your strengths more often?

* How can you use your strengths for a purpose greater than yourself?

* If you had a business card, what would I say?

Once you know what your purpose is, choose to do things that allow you to use your strengths and live your values. Meaningful activities are purposeful and personally fulfilling. They may:

* Develop a skill.

* Allow you to try new ideas.

* Demand physical and emotional energy.

* Give you a vision of where you are going.

* Be profound or simple.

* Tell you what means the most to you and who your true friends are.

See if you can come up with a meaningful activity to engage in each of the following areas:

* Improve physical health.

* Improve emotional well-being.

* Improve mental well-being.

* Enhance socialization.

* Give you status in your community.

Living a meaningful life is possible when you follow these guidelines. You benefit by having an enhanced sense of well-being and fulfillment.

Are you living an authentic life?

Are you living an authentic life?

By Craig Nathanson-The Vocational Coach™

Have you ever asked yourself if you are living the life you were meant to live?

Have you ever asked yourself, as you pondered your life, is this all there is?

These are great questions to ask when you reach forty and beyond.

Who Needs an authentic life?

If you are satisfied with the status quo life that no longer challenges you or gives

you inspiration and passion, then you don’t need an authentic life.

What is an authentic life?

This is another good question since we rarely teach children or adults how to live such a life.

You are living an authentic life if you feel you are in control and you are determining your own direction. Your work is a natural outlet for your creativity, your interests and your abilities.

Why is living an authentic life important?

We are living longer than ever before. One hundred years ago we wouldn’t even be having this conversation since the average lifespan was barely mid-forties.

There are more opportunities then ever before to recreate our lives and our work.

When we work without purpose and without meaning, our lives grow empty and lifeless. Each day is just like the previous day and the cycle continues until we retire and die.

We live for tomorrow; just 2 more years, or 6 more years, or 10 more years at our miserable jobs until we’ve saved enough money to finally stop. We’re not sure what we will do but we know it won’t be anything like what we are doing now.

Then sadly, life gets in the way, and something happens to block our hopes and dreams of a more fulfilling life.

How can I live a more fulfilling life?

I developed the simple Ten P Process™ over four years ago to help people, especially those over forty, discover and do the work they love. During the last four years, through workshops, teaching, talks and private coaching, I have seen this model applied and used by many people on the way to a more authentic life.

I think it’s time now for you to follow the Ten P™ model and make the necessary changes in your own life.

Purpose

What is your life about? How will you make a difference in the world? What bothers you about the world or your neighborhood, and how can you contribute to solving it through your work?

What work could you do that would give you more daily energy and passion?

With Purpose, you will experience a greater sense of integrity and authenticity.

Is this enough incentive for you?

Prize

What is most important to you; what do you Prize?

Too often we are afraid to admit the answer, too afraid that we will be judged by our decisions rather than by who we are. Are you working today in a job that has nothing to do with what is most important to you?

If you love teaching, for example, and your days are spent balancing financial statements, only you can do anything about it.

Define what is most important to you and think through now what you will have to do to follow what is most important. Write down specific goals that align with what you Prize.

This can be a lonely exercise but the most important one you will ever do.

Perspective

What is your view of yourself? Are you happy with your life, your choices, and your work?

What is your view of the world? Does your world inspire you and bring you energy?

What is your Perspective of others? Do other people interest you, arouse your curiosity?

Much of our activity in the world revolves around strictly monetary pursuits and land and political interests. I believe this is a result of people not taking the time to follow a more authentic life that honors themselves, others and the world they live in.

You can be different; it starts with you.

Possibilities

Have you given up on yourself or have you started to think of what is Possible for you and your work?

It’s easy to let others influence your life’s direction because of what they think is impossible. Listen to your own language. Does it inspire you or depress you?

Don’t settle for “One day” or “I hope” or “Maybe if I could do what I really love…”

Start now to shape more Possibilities for yourself. For example, imagine a new Possibility for yourself and your work right now. Notice how this thought brings on a new thought and another and another.

Place

What is your Place or role in the world? Have you thought about this?

Have you just assumed that what you do today is the role you are destined to carry out for the rest of your life? We are all pre-conditioned by the environments, cultures, economic situations and the personalities we were born with. These are all hard to change.

It will take disciplined effort on your part to think through the roles you want to play in life. No one will do this for you even if you got good grades in school and awards at the office.

Position

What is your Position or attitude on a daily basis? How do you think about yourself, your work, your world and those around you? Do you wake up daily being grateful or jealous? Do you wake up angry at yourself, your work and those around you? Your daily position will either support you and nourish you, or prevent you from both enjoying the moment and moving towards what you want. What can you do now to change what is not working each day with regards to your attitude, especially towards your work? This will make all the difference to you!

Passion

Have you ever gone to sleep at night tossing and turning with the excitement of waking up in the morning because you can’t wait to get started on your work?

This is Vocational Passion™ and it is one of the most exciting feelings in the world. You feel like you are spending your days doing what you love and your work creates meaning for you.

Make a list of all your passions. Now envision how you could spend your day using these same passions in your work.

Perfect Vocational Day

What would be Perfect for you and your work? Most of us settle for so much less.

We hope that if we work harder and faster, the boss will notice us and perhaps we’ll get those four days off next winter or that bonus or maybe that promotion. With the promotion, we will get to work even harder and faster doing more of what we don’t like.

Seems silly, doesn’t it?

Spend some time thinking deeply about and writing down exactly what an average day might be like for you if it revolved around your passions for the rest of your life.

Present

What are you doing now to close the gap between living an authentic life and your life today? If you don’t know where you are going, then perhaps any old road will do.

Write down what you want and compare it to where you are right now. If there is no gap between these two realities, there will be no tension and no problem.

Following this road will not be easy.

There will be emotional challenges. You may have to change some of your beliefs.

There will be relationship challenges. You may have to change some of your relationships.

There will be financial challenges. You may have to make some financial changes in how you spend your money.

Permission

Putting this all together starts with the right support network. Start surrounding yourself with people who encourage you, believe in you and who provide daily inspiration and ideas about what you want to do.

Look for defining moments in your life. Use these as the trigger to finally live an authentic life, starting with doing the work you love.

Give yourself Permission now to follow your heart.

Still not convinced?

The alternative for you is to simply retire (“retire” comes from the French word for “retreat” and “hide”) and prepare to die. You’ll die slowly, of course, surrounded perhaps by other like-minded people in a golf club community playing bingo and discussing what you used to love to do.

By the way, the French also gave us the word “career” which means “fast track”.

Sadly, this is the way many people live their lives; running fast through their work only to discover they wasted years and years doing useless work only to retire and play bingo.

You can make a different choice now to start to live an authentic life.

This will be the hardest path you will ever follow. It will be lonely and provide lots of challenges.

It is also the only path towards your authentic life.

Life After Retirement

LIFE BEGINS AFTER RETIREMENT

INTRODUCTION:

“Retirement has been a discovery of beauty for me. I never had the time before to notice the beauty of my grand kids, my wife, the tree outside my very own front door. And,  the beauty of time itself.” – Hartman Jule

  

“Retirement itself is the best gift. No gold watch could ever top it.” – Abigail Charleson

  

“The trouble with retirement is that you never get a day off.” – Abe Lemons

  

“Retired is being twice tired, I’ve thought
First tired of working,
Then tired of not.”- Richard Armour

  

The above adage of the famous people present us a very disparate views about retirement. Every people in all walks of like know that retirement is inevitable and it has become a part and parcel of ones life. Life is meant to be “lived” and not just passed. This phase of life can be made fun and worth living to explore the unexplored.

 

LATENT THOUGHTS

 

There may be times in our life when we wanted to learn to play tennis or wanted to write a book on our ordeals and learning, or wanted to learn yoga or simply pursue our long cherished passions. But our wishes were never fulfilled, because we were too busy at work or family. To put it in other This is the right time to explore our hidden talents and fulfill your deepest desires.

 

Of course one feels very high and happy to shoulder all the responsibility. Certainly it gives utmost satisfaction to our inner soul. But  today in this hectic world whether we like it or not all of us are engaged in a mad rat race catapulted  towards  inflated targets and unreachable destination .During this mindless expedition we do  tend to miss so many things which might look insignificant but carry significant value. When we hurry through each moment being so obsessed with getting to the check point , we miss out on the richness that could be ours.

 

Here retirement comes us the bonanza when we take time to live, to experience where we are. We begin to accept that there are so much to enjoy, to share. The terrain of life is filled with wonderful and astounding details which we failed to notice earlier. On the other hand we  need not regret too much about this for the fact that it is wonderfully exhilarating when life is moving quickly and the velocity becomes our only experience when there is so much in parallel to relish.

If we try to de-segment the life and begin to look at each segments one by one, we can realize that each segment has its own essence, charm , meaning, quality, pros and cons. We will then recognize  how each segment are interlinked, their superimposing effects on each other. So once this understanding in our life is established then retirement will be stage of unwinding.

 

Money plays a paramount role in determining the happiness of anyone’s life post Retirement .Life can be more blissful if a reasonable saving has been done in time to take care of all exigencies like health issues, children higher studies, son’s/daughter’s marriage, buying a house or other properties, social spending and above all to maintain a fixed balance always for tacking day to day expenses.

 

RETIREMENT  –  PERCEPTION & THE ISSUES TO CONSIDER:

 

From the good old days to the present electronic age the very thought of retirement unnerves all types of people in varied ways.

Below list presents the common reasons for the prevalence of negative attitude towards retirement.

 

1. Emotional Issues-One own self

    -Partner issue

                            -Family/Relations

                           

2. Unfulfilled commitments

 

3. Financial issues

 

4. Health issues

 

5. Societal attitude

 

EMOTIONAL ISSUES

One own self

 

At first retirement can feel like a holiday and the initial phase is often referred to as the ‘honeymoon’ period. You can sleep in, catch up on reading or hobbies, and spend more time with family and friends. However, once this ‘honeymoon’ period wears off, you may feel down or depressed .For an average salaried person the prime thing would me the Money Factor. Since most of the issues are money bound , money tops the list and  irrespective of the gender this panic marches happily in ones mind when one thinks about family responsibilities and other related matter. A feeling of insecurity gradually gets rooted in the mind of the people which has its own associated aberrations. Some even go the extent of secluding themselves from rest of the family /society causing agony to their attached ones too. A recent Study shows that high percentage of people die during their first year of retirement. One of the reasons being , psychological trauma. A sense of feeling that you’re a worn out individual and should be placed in the corner of the house sitting idle most of the time. This can be effectively handled by engaging ourselves in some constructive activity which profoundly helps us to cope up with the nagging worries. Some times spending time on hobbies and interest, may not turn out to be as rewarding and meaningful as anticipated .Emotional issues to consider include:

Our profession forms part of our identity. Some people can suffer a loss of self-worth once they cease to working. Daily schedule and activities add a rationale to life. If there is nothing in particular to do or look forward to on any given day, a person is more likely to feel monotony and more depressed than a person who lives a dynamic meaningful life. Grandparents may find they are expected to baby sit all the time which is an arduous tax on them. Partner issues can include differing (and conflicting) ideas on retirement lifestyle.

We must make sure that ours is not an idle mind, so there can be no devil’s paradise.

 

Partner issues:

 

When a person retires or in the verge of retirement, their better half need not be on the same lane  which paves way for  innumerable disagreements and misunderstandings costing the mental peace. Some of the common issues include:

One partner has retired or plans to retire, while the other willing to continue working. Notions  on retirement lifestyle may collide; for example, one partner wants to have a hectic life schedule with much of  travel, hobbies and volunteer work, while the other long for  a more unperturbed  daily routine. It can be little complex at first to frame out how much time to spend together. This is specifically  the case if one partner is gregarious and social, while the other is more introspective. In this scenario, the outgoing partner may feel disregarded, while the introspective partner could feel hassled. Some people may try to do everything united as a couple, but lack of personal space can cause stress and scuffle.

 

Family/Relations

 

ON the other hand , there are instances where the retirees are treated with due respect even by their own kith and kin. This is not a cherry fact. In their twilight years all these elderly look forward to are food, love and peace. But it is very untoward  that  there are many instances of emotional, physical, financial and mental abuse older generation are subjected to by their own children.  They are exhausted , they have more than enough run the race of life, and they require rest to reflect and prepare for their final journey.  Everyone goes through this ordeal. No one is bestowed with enduring youthful and energetic life .So what makes these children forget this one natural, universal truth? Where has gone their gratitude which is supposed to have been intrinsic in them? However a small relief is that there of course exists children with innate predisposition to be grateful to their parents .However it is a brutal fact that those children can absolutely not compete with the number of adults with glimmering gratitude whom we see in the world today.  If a simple but vital introspection can be made by all these ungrateful successors and if efforts are made to make the family bond thick set then the retirement blues can be effortlessly trounced. After all Co-existence gives   peace in life which everyone craves for .  Sharing can fetch ecstasy. Values and morals make a society culturally affluent.  Let us all strive to   improve our society and halt this monstrous moral slide that is  leisurely  but surely happening .

 

 Unfulfilled commitments:

 

 It is an adage that “Life Without Commitment  Is A  Life Unfulfilled” .But what will be the plight of  the people with reasonable dreams , goals ,commitments and  aspiration but unfortunately unable to accomplish them before their life slows down. The unanimous raison d’être what the people attribute to this is having too much of commitments in the pipeline and poor in prioritizing. A well crafted investment in our hay days can be the best solution for the unfulfilled commitments like children’s marriage. For a long-term investor a short-term market swings do not have much implications. So early prudent saving can result in exuberant accumulation of fund which can very well be channelized to meet all the requirements post retirement. However for people with minimum savings or no savings due to predominant  demand from  large family like sibling’s education, marriage the sole tranquilizer can be an helping hand from their own children or relatives .

 

Financial Issues:

An astute person will unquestionably plan well in advance about their financial position post retirement. It is ideal to consult a  financial planner, accountant or similar to chart out the financial issues of retirement as it blankets all the other issues. Some of the factors to consider include:

The size of your superannuation nest egg. Other savings and assets. Level of liabilities. Whether you have any dependants. List of commitments not met. If you are planning to continue working part-time or not. Your eligibility for pensions or part-pensions. Possession of properties. Financial options if you or your partner fall ill. The kind of retirement lifestyle you’re anticipating.

A systematic approach to face the retirement phase is more recommended than facing unforeseen challenges timidly.

 

Health issues

One of the key issues but the one which is mostly ignored by many people is the health care. In the olden days one tend to overlook their health related issues even from the early age when they start their journey in taking care the family. They normally carried by the thought of shouldering the family responsibility but not a wee bit thought about their own health as they do not want to be self-centered to think about themselves. Thankfully this attitude has undergone a sea change now and the practice of having medical insurance and other stuffs are on the rise now.  The practice of early-wise saving , even it is iterative is worth to be stressed again and again that many of the problems can be tackled with great ease. Obviously the poor savers tend to bury their pain and will be forced to invite their death with agony.

 

Societal Attitude:

 

Some people look forward to retirement as an extended holiday where they can finally slow down and ‘smell the roses’. Other people expect to have a busier, more active life than when they were working. When one have such a affirmative attitude towards retirement nothing can go awry. But even for those upbeat people, when they encounter a demotivating expression from their social group by projecting nightmarish picture about the retirement life it tends to infuriate them and even belittle their confidence. On the other hand, a person who always feel petrified about retired life ,these thorny statements from the society will make their life lifeless and pale.

 

 

ROLE OF PLANNING IN RETIREMENT:

 

“Good plans shape good decisions. That is why good planning helps to make elusive dream come true”

People who plan an hectic life after retirement tend to be happier than those who have no preparations. Some tips for good planning  include:

Opting for Flexi Time working or Interim working especially working mothers rather than fully retiring. Volunteer work is a gratifying way to add configuration and more meaning to your life, Devote  time and energy into much-loved interests and passions. Setting a personal standard with a purpose and striving to adhere to it.  Upgrading oneself with further education with options galloping  from short part time courses through to university degrees. It could even be a new launch pad in ones retired life. Make sure that you and your partner discuss ways to accommodate each other’s wants, needs and expectations. Open discussions can smoothen the relationships. Loneliness is a common source of depression in older people, To combat it one should maintain and increase their  social networks.

 

Few  ways  to  stay  active  after  Retirement:

 

“what is this life with full of care

We have no time to stand and stare:

No time to stand beneath the bows

As long as sheep or goats:”

 

Life is a cycle with so many phases and retirement is the phase to relax and indulge in :

•·         Physical activity  to keep us healthy and fit.

•·         To meet friends to relive the nostalgic past and to catch up with the ones we have missed.

•·         Gardening to freshen our mind and fortify our body.

•·         To assist Grandkids in their studies and play with them.

•·         Go on a pilgrimage trip or just holiday.

•·         Volunteering our service to an NGO for a noble cause.

Making the best use of our skill by tutoring the students which will inflate our wallets too. Pursuing our long cherished passion.

•·         Participating in religious activities.

Upgrading us by further studies since age can not deter learning.

 

SHAME OF US:

In western countries the government came out with a new proposal of introducing a directive  that would make it compulsory  for children to look after their  parents.  What an appalling state of affairs?!  The confidence in the children has corroded and eroded too much that there is a  requirement of an authority to enforce  a law to make sure the children do their duty. This divulges to what levels morals and values have declined. Where is society heading? Shouldn’t this duty be intrinsic and un-prompted?  Why should someone monitor you with a stick and coerce you to take care of your parents?   This was not done to the parents.  They did their duty of raising up their children commendably, so why do children need perks and pressure to look after their parents

 

SALUTE TO THE RETIREES

 

Let not age make you yield to its oddities. Soar and fly. Commence your life a new in its own dazzling colors. Retirement is the respect given to your years of service. But if you don’t want to sit and rest why not explore and say “here is life I am back like a Phoenix. Ready to go.” Live the life that you’re worth living, after all, ‘Age is a state of the mind.’

The elderly must be allowed to depart with respect and their passing should be mourned

Even if a parent has failed a lot, someday you will be a parent and have to face your own failures. Why not receive a blessing by being grateful just for the fact that they were your

Things to consider when living your life in retirement

The rising number of baby boomers will likely have a great impact on retirment living. As many of them near retirement, they will likely alter the definition of what it means to be retired. Many seniors today are seeking a more active lifestyle. Many of these people don’t really want to retire, and some will work part-time for the rest of their lives. Other seniors view retirement as being a time where they can enjoy hobbies and other things they are interested in.

To serve this large market, a number of destination retirement communities have been established. They are targeted towards seniors who want low living expenses, or who prefer to live in warm climates. For other seniors, living close to family members is very important. While they may want to move into a place that is smaller, they will not want to leave the comfort of the communities they live in. The goal of destination retirements is to create an environment where seniors and baby boomers can relax with a large number of amenities. These places will often be located near golf courses, spas, hiking trails, and fitness centers. These locations are designed so that those who live there can enjoy themselves.

The houses that are built in these communities will use materials that are easy to maintain, and they will be open and easy to access. Because the people living in the places will be older, it uses a design which will cater to them. Their lives will be easy because their bedrooms, kitchens, and bathrooms will be designed in a way that is easy for them to use. Destination retirement communities will change the definition of retirement. Because of the many luxuries they offer, they are an excellent choice for baby boomers who want to leave their homes.

Recent polls that have been taken indicate that over 60% of baby boomers said they were interested in moving into a retirement community, while over 50% said that they would like to move to a warmer climate. A large percentage also indicate that they plan to purchase a retirement home. Despite this, most of the people who took these polls also indicated that they won’t to stay close to their family members. The biggest goal of many baby boomers is to pursue interests that they never had time to pursue while they were younger. Over 60% of baby boomers said they would like to travel, while others want to spend time exercising.

But many baby boomers also admit that they would like to learn new skills or perform volunteer work. As the list of these people continues to grow, they will be looking for places which can suit their needs and interests. Destination retirement communities can allow seniors to enjoy life and pursue the many hobbies and tasks that they are interested in. Many of these people have worked long and hard for their entire lives, and will want to enjoy the things that they have obtained. Most retiring baby boomers will have large amounts of wealth, and will be looking for a large number of ways to enjoy it.

Life With All The Luxuries In A Gated Community

Gated Communities, also popularly also known as gated retirement communities, basically have two main purposes. These generally provide security that lots of elderly people aim for, and they also provide a comfortable lifestyle for people with similar interests. However, do not even for a moment believe that only people in an advanced age live in these gated retirement communities. Truth is, there are other people as well, for example families with kids and also newly married couples. There are many people who come over only for the weekend, and then return all empowered and calm. Since the communities are based on some specific interest in many cases, like-minded people get often get captivated by these activities.

The trend of living in a gated community has become so well received in the US that, in accordance with reports, about 8 million people are living in these private gated communities at this time throughout the country. And the trend is continuing to build. Nevertheless, residing in Gated Communities is nothing new. This style of living has been in vogue since the 19th century, or maybe even earlier. However, at those times, just those who were really rich could enjoy something like this since the expenses were really steep.

There are many very fine gated community homes here where all the luxuries of a modern lifestyle can be found. Generally most of these private gated community homes are very near high-class, championship-style golf courses or within them.

Although properties located within these locations may cost much more when compared to others, people from many walks of life are still serious about living here. You can find almost every modern amenity here. You will find well maintained roads, manicured lawns, running tracks, pools, tennis courts, a club house, indoor games – you name it, and it is there. You’ll have your pick from various activities such as swimming, horseback riding, boating, tennis and more. Or you may decide to do nothing and just sit back and relax with the nature around you.

It does sound like buying a cart before you have got the horse, but if you view it commercially, then the idea seems just fine. In fact, this provides the builder with the opportunity to create everything – the structures and also the roads, all in relation to the primary golf course. A good option indeed!

The fact remains, today the Gated Communities are the best places you could live in the usa.

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