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Age of Fulfillment Newsletter )
August 2005
In This Issue
  • Planning for Your Retirement 2
  • Today's Take Away
  • Factoid
  • Resources
  • Assessment Tools
  • GO AHEAD FORWARD THIS NEWSLETTER!
  • Dear Ben,

    Recently I came back from a trip to Kentucky. Kimberly, my wife, had been there for a few weeks visiting family. Now it was my turn to join her! After all, I couldn’t let her have all the fun!

    I didn’t remember the highways to take to get to Kentucky so I referred to a map and plotted my route. I also realized I better have some cash on hand because part of the route was a toll road.

    Being summer and hot, I needed to decide what clothes to take and how much. Do I need casual clothes or should I take some dress clothes? I needed to set up a dog sitter to take care of Barkley our miniature long hair dachshund.

    What time should I leave? The trip looked like it would be 8-9 hours. Kimberly would be at our meeting point at 5 P.M. So I plotted accordingly. With all the planning the trip went smooth and I arrived on time. Our time in Kentucky was very enjoyable and full of wonderful activities and memories.

    Why am I telling you about my trip? Because I’m reminded of the amount to time we spend planning for our vacations. By planning, we’re making sure we get to our location and that our vacation is going to be fun.

    What planning have you done for your retirement? Isn’t it important to map out a route to get to your destination? Once there what are you going to do to be successful and have a fantastic retirement? What activities have you planned to satisfy your motivators? Will you have enough money to do the things you want to do in retirement?

    Yes, we should be putting in much more time in our retirement planning. After all, a vacation is for the short-term while retirement is going to be 15-25 years! I don’t know about you, I’m putting in the time to plan for my Age of Fulfillment! I’m planning on having the most wonderful time of my life! So just exactly what are you waiting for?!


    Bruce Macdonald

    Planning for Your Retirement 2

    As I mentioned in last month's newsletter, I feel it is important to go a bit more into motivators. Why? Motivators must be identified and incorporated into your retirement if you want a rich and fulfilling retirement. Your motivators have been a part of you for a long time and will be with you when you retire. We cannot be easily separated from what our work gives us!

    You need to make different choices in retirement about fulfilling these motivators the rest of your life. What activities will give you satisfaction? Maybe your motivator is to be a part of the action or to be with intellectually stimulating people or to pursue a passion or to be recognized.

    Why DID you choose your work or career besides money? What is it about your job that attracted you to it? What areas are not being satisfied by work? Inner motivators help guide us to life choices to bring us personal satisfaction. If you ignore these motivators, you are bound to flunk retirement!

    Here are just a few examples of motivators to get you started. I’m sure you can come of with a bunch more. Accomplishment; competition; challenges; action; friendship; interaction with people; problem solving; making a difference; being THE expert.

    Take your time coming up with a list. Reflect on your answers. Set the list aside for a few days. Then – look the list over. Are they truly your motivators? Are there more that you need to put on the list?

    Remember this about retirement – many of the activities providing you with a sense of purpose and fulfillment will end. Knowing what your motivators are will now give you direction. Your task, then, is to find what activities will fulfill them! Next, make a plan how it is going to happen. Refine your plan over the next several months until you’re really excited about it!

    Today's Take Away

    What is on YOUR list? What does each motivator you’ve identified mean to you? For instance, if you have competition on your list what exactly does that mean to you?

    What activities outside of work will help you satisfy your motivators?

    Factoid

    By 2025 115 million wil be over 50 years old.

    The most common reason cited for retiring was "wanted to do other things" (70%) according to the Cornell Retirement and Well-being Study.

    Women are more likely than men to say they retired because their spouses retired.

    Resources

    Retiree Careers: www.retireecareers.com Job procurement services for 50 and over. The service is free

    The Retired Worker: www.theretiredworker.com For retirees who want to get back into the workforce.

    Assessment Tools

    Be sure to get your assessment tools on our web site to help you in your retirement planning!

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