One of the inevitable tasks of midlife is planning for retirement. In 15-20 years, I’ll be retirement age. Do I plan for it or let it happen?
Naturally I’m on Team Planning!
Preplanning is the dreams of retirement versus the reality of retirement. What, where, and when are the 3 questions that lead to “how much.” Because the best dreams of retirement depend on the bank balance at retirement.
What do I want to do? This one is most difficult for me. A part of me is considering politics because a bigger part of me wants to make this country better. Then I want to open a breakfast/lunch cafe because I love cooking and love food. Let’s not forget travel. Do I want to live abroad? Can I afford a small flat in the south of France? Do I join the Peace Corps or work the National Park Service?
Where do I want to live? Look for this in an upcoming post.
When do I want to retire? Look for this in an upcoming post.
Have you thought these questions? Have you started your retirement preplanning?