5 Tips to Be Prepared for Retirement

Do you desire joy and a sense of purpose? Then the best thing you can do is prepare for the emotional and psychological impacts of your post-career life! Preparing for a purpose-filled retirement is not all about the money.

Here are 5 tips for making your transition a smooth one:

    1. Start thinking about your retirement 1-5 years in advance.
      If you’re going to be making big lifestyle changes like moving or travelling, your key to success is thinking it through well in advance.
    2. Think about what you want to do in retirement.
      Getting stuck in default mode makes for an unhappy retirement. This is your chance to pursue your dreams!
    3. Create a plan and set goals
      If you think preparing financially is the only type of planning and goal setting you need to do, think again! Preparing and planning for the emotional and psychological impacts of retirement and your lifestyle is key.
    4. Share your retirement plans with your partner or family.
      If you have a partner, it’s very important to be on the same page when it comes to plans. Share your ideas with your children or trusted friends. Feeling supported is important.
    5. Be aware of the retirement transition process
      It takes time to stabilize when you are discovering a new identity and purpose in life. Give yourself time to develop new routines before you feel grounded in your new way of life.

To be guided and supported in your processes of preparing for retirement, check-out my Power UP Your Retirement Lifestyle Program. It’s an online educational program which includes a high-quality video training series, group coaching, an online community and other educational resources focused on helping you transition into a joy-filled retirement.

Sign up today to generate insights, gain clarity and create a game plan that sets you on your path towards your purpose-filled retirement: www.powerupyourretirement.com

 

Have you considered semi-retirement?

What’s often called a “bridge-job” is a part-time job that bridges the transition between a full-time career and retirement.

Having a bridge-job or being semi-retired can be a great way to ease into the transition of retirement, both emotionally and financially.

Would you consider working part-time as a transition into retirement? What could you imagine yourself doing? Comment below!

#semiretirement #transition #retirement #retirementplan #retirementcoach #powerupyourretirement

COVID-19: Got You Rethinking Retirement?

For some of you, COVID-19 may be giving you a taste of what retirement could be like especially without a plan.

You may be feeling isolated and alone without your social connections, lost without a purpose, bored without activities, and worried about your finances.

Whether you are retiring during the pandemic or after, there are key elements that need to be considered to plan for a smoother transition and a happy retirement.

Join Marielle Gauthier, Executive Coach and Norm Lalonde, Certified Financial Planner as they present the financial and non-financial aspects of planning for your retirement.

For more information and to register: https://www.powerupyourretirement.com/retirement-webinar

#financialplan #retirementplanning #retirement #mariellegauthier #normlalonde #powerupyourretirement #retirementlifestyle #retirementplan

Healthy connections are crucial in retirement

Look up!

Ever notice that you look at your phone more than you want to? Ever look up and realize you got caught up in scrolling a little too much?

There is good reason for that. Software engineers are hired by handfuls of tech companies to keep high engagement levels in social media apps.

Turns out, it’s actually no mystery that notifications keep us opening apps over and over again.

The little notification flags, hearts, and “like” symbols have been proven to release dopamine and make us feel a little rush of connection.

Connection is great! And social media can be fun too.

But maybe our next step is to make sure we get the connections we’re looking for. Healthy connections, both online and IRL. Connection through community, relationships, etc.

My program, Power Up Your Retirement Lifestyle, is tailored to people looking for connection while transitioning into retirement. The online program helps focus your thinking on what is important to you.

Check it out and register today!

https://www.powerupyourretirement.com/

Fear of social isolation in retirement

Loss of social network is a big concern among pre-retirees. When you will retire from your career, you more than likely won’t be seeing your colleagues and / or work friends everyday but that doesn’t mean that they are gone from your life forever. If you had good work and personal relationships with your co-workers, then these friendships may be strong enough to continue once you have left work.

Like all relationships, however, you need to make time and work on your friendships to stay connected.

If you don’t really have any close friends at work or outside of work, then you may need to nurture your existing relationships and even expand your network.

Some ways to do that are to:

  • Identify your interests and hobbies and join a local club e.g. if you love gardening, look for local gardening clubs

  • volunteer for a personal cause

  • join service clubs or associations – there are lots of service clubs who welcome new members, identify the service clubs in your area.

  • A club that I will be joining when I retire is PROBUS club. Their goal is to provide fellowship, friendship and fun in their retirement and semi-retirement years. Some of my retired friends are members and they are loving the people they are meeting and the experiences they are having. Visit www.probus.org for more information and for a club near you.

  • attend a class at your local college or

  •  attend community or church events

There are probably lots of events going on in your community so pick up the local paper or read it on-line and get plugged in to find out what is happening in your community.

Visit www.powerupyourretirement.com to watch the ‘Ten Most Common Fears About Retirement’ Masterclass video.