Over this past week or so, we have been conducting various workshops with audiences on retirement matters. It’s a very rewarding exercise to have real people, with real issues, sitting in front of you. It’s also great fun.
One thing we’ve learned over this past 3 years of Olderhood has been that this retirement planning stuff is more, way more, than financial planning. We all agree that besides health, money matters dictate the lifestyle we can achieve in retirement. We all understand that a lack of money can be a serious dampener on our lifestyle. We get it.
Oh sure, we’ve all been to seminar after seminar where all they talk about is money. Why they call them “retirement planning seminars” is beyond me. The problem intensifies when at the ripe young age of sixty-five, we are taken off the radar of the money management community (pensions, investments, banking, etc). We are no longer of interest because we no longer have an income.
There is no need for financial planning for us Oldsters because we have nothing to plan with. We either have money or we don’t. But, for sure, we aren’t in a strong position to increase our pension pots. We’re stuck.
In our Olderhood Workshops, however, we balance our focus across a wider spectrum of issues. Yes, finance is part of that of course, but so is health, family issues, personal development, longevity, interests, leisure, hobbies, social interaction, technology and many more.
We work on the principle that whatever money you sustainably have in your retirement years probably won’t change too much if at all. Maybe you can get some part-time work, but generally-speaking your pension and investment income is the same month to month. Therefore, the notion that you can change your income level is a fallacy. What you have is what you have, so why worry about it?
Yet, there are so many other, and perhaps more important aspects of retirement life which, leaving money aside, will dictate your life in retirement. You want to lead an active and meaningful life. You want to still contribute to society and be useful. If you are in poor health then money falls into second place.
So, the Olderhood Retirement Series of Workshops opens up a vast array of other “stuff” to think about.
If nothing else, we make participants aware of so many other features of retirement life given, that in this day and age, we can expect to live many more years than our parents and grandfathers did. If you expect, or hope, you will live another 20 or 30 years, do you have any idea what you will do with all that time?
We walk participants through a collection of ideas and suggestions about living a fruitful and happy retirement life. We recognize that our bodies get older and we are less able to go mountain biking, but we have tons of knowledge and experiences to share with other people. There are things we’ve always wanted to do but never had the time or the energy, because were working a day job, raising a family, making ends meet – therefore new activities were left to when we retire. OK, so now you are retired, get on with it.
People need to be prompted to be motivated.
“Gee I wish I had thought of that” they say.
Our new book The Third Journey will be in Amazon and other places very shortly. It is full of information, suggestions and paths to consider in your later years. We think it’s great (says he modestly) but those who have read the proofs etc seem to agree. Who knew we could be published authors. It will be available hard copy, soft copy and online around the world.
One last thing – if you would like to conduct your own Retirement Seminars based on the Olderhood Model in your country drop me a line at firstname.lastname@example.org and we can chat. We’d love to help you help others.
By Bill Storie