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

10 Steps to Get on The Path to a Happy Retirement

 

When it comes to retirement preparation, the first thing that seems to come to mind for people is finances. Of course, the money matters are a critical part of being able to retire and determine when you will retire. After that is established, however, there is so much beyond financial preparation that you can do to ensure a happy retirement. We all know money doesn’t buy happiness, so let’s not stop at financial preparation when it comes to retirement! Your happiness in retirement is worth the effort of truly investing in your future emotional well-being.

How do you get prepared? Here are 10 steps to guide you as you consider, not only what your retirement will look like practically, but how you want to FEEL in your retirement.

1. Define your desires

Are there strengths that you want to develop? What do you want to do with your spare time? Purpose brings meaning to our lives. Knowing what you want to get out of retirement will allow you to construct a post-retirement life that is fulfilling. Make a bucket list and start checking them off while you have the energy, health and money to do so.

2. Define how much you want to work/volunteer

Could it help to have some structure and out-of-home involvement to make your transition into retirement go smoothly? Your retirement is yours to shape. Customize your life to what will serve you best. This could look like part-time work, or voluntary community involvement.

3. Grace for the transition

Moving into retirement is a big life transition and transitions are not always smooth or easy. Knowing this ahead of time can help you prepare mentally for the ups and down. What supports can you set up in advance that will give you the space to work through difficult emotions as they arise? Communicating clearly with your partner or people you are in close relationship with about your expectations for retirement is one of these critical pieces that can be extremely supportive to your transition.

4. Develop a routine

Rhythms allow us to feel safe and secure. Up until now your rhythm may have been externally imposed by having a job. Creating a customized structure for your day and an overall flow for your weekdays are good ways to maintain groundedness in retirement.

5. Exercise your mind

If you were used to problem solving or being actively engaged all day through your work, you may notice that you will need to seek out ways to actively challenge your mind in retirement. This could be by learning a new language or a new instrument, or it could be through mindfulness meditation exercises. There are many ways to exercise your mind – choose the ways that excite you most.

6. Keep physically active

Find ways to move your body every day that feel good for you. Take a walk with a friend a few times a week, or maybe there’s a gentle yoga class you can attend in your community. Staying physically active is imperative for emotional well-being.

7. Eat well

Investing in your overall well-being by being mindful of eating nourishing meals contributes massively to your emotional well-being. We are what we eat. Give your body the fuel that it needs to provide you with a happy healthy body so you continue to be active.

8. Seek out social support

If the majority of your socializing has come from your place of work, you may be feeling lost in retirement – feeling a lack of connection. Seeking out the support you need could look like being honest with your partner or close friends in regards to how you are feeling. It could also look like getting involved in your community in ways that allow you to meet new people, or perhaps rekindling old friendships.

9. Push your limits

Challenging yourself is stimulating. What better time to create new goals for your personal growth! View retirement as the beginning of a journey. Open your mind to the possibilities that exist outside of your current capabilities.

10. Give back to the community

Taking the focus off of ourselves and serving others is so healthy for our mental well-being. The joy of giving is truly unmatched, and your community will benefit from the generosity of your heart.

By integrating these 10 actions as you prepare for retirement, you’ll ensure that you find yourself enjoying the retirement of your dreams. Remember, it’s a process. Change takes time, but if you’re steering in the direction of your deepest desires, the journey is bound to be fulfilling.

For more support as you prepare for your transition into retirement, send me an email at marielle@redworkscoaching.com. As an executive and personal coach who specializes in supporting people through the emotional transition to retirement, it is my pleasure to assist you.

Is long-term care insurance right for you?

No one has ever said to me, “I can’t wait to move into a long-term care home!” So I think it’s a safe bet to say that very few of us want to do so. We want to stay as independent as possible in our own home for as long as possible.

If you take care of yourself as mentioned in an earlier blog, you can hopefully push back long-term care needs well into your senior years.

Whether you will need long-term care or not, there is no doubt however, that long-term care is expensive. Has this been factored into your overall financial plan?

You may want to consider purchasing long-term care insurance while you are still working. This insurance can provide coverage if you become unable to care for yourself and need assistance either in your own home or a care facility following an accident or illness.

When I finished paying for my long-term care insurance, I felt great about having that peace of mind should I ever need it.

Talk to your financial planner or your insurance provider to see if long-term care insurance is right for you.

What can you do now to increase your level of health to stay as healthy as possible for as long as possible?

The need for compassion with ourselves

Talkin’ bout tough stuff alert.

How do you start talking about trauma with the ones you love and trust?

Even understanding our own trauma can be elusive.

If you have been through a traumatic experience, you may understand what it feels to be triggered or experience ‘flight, fight, or freeze’ while under particular stress. But it doesn’t make it easier to understand or accept!

When triggered, some amazing things happen in the brain. The Broca’s Centre in the left brain, where time and language are understood, has been measured to go blank while heightened.

And the emotional right brain lights up like fireworks. This makes your brain chemistry resemble the initial traumatic experience, all the while not being able to describe it because your language centre goes offline!

Talk about the need for compassion with ourselves…

The great thing is, you have the POWER to rewire this pattern and talking to your loved ones can take some of the pressure off and reduce feelings of confusion:

  • Breathe through the moments of re-experiencing stress – raised heart rate, sweat, tingling. Tell yourself “I am safe”. Make the out breath twice as long as the in breath.
  • Describe what happens physically when you get triggered so that others can look out for the signals.
  • Understand that your triggers don’t define you.
  • Have compassion with yourself while the left brain can’t yet describe what is going on and say, “I need a minute to breathe!”
  • Make sure you’re sharing with someone who doesn’t interrupt you or talk down to you.
  • Remember that the trauma is not recurring even though the brain and body might be in overdrive.

You are amazing, and you are worth listening to.

My unique program, Power Up Your Retirement, is another place you can continually find solace and safety as you transition to a stronger YOU!

I provide a high-quality video training series, group coaching, an online community and other educational resources focused on helping women transition into a successful retirement.

Check it out! https://www.powerupyourretirement.com/

Do you talk to your partner about retirement?

Many people have no idea when their partner is going to retire. They just know their own date of retirement.

Since retirement is a HUGE change in someone’s life and will certainly impact a relationship, it’s important to find out what you’re each thinking.

The best action to take is to talk about it openly and honestly and there is certainly a lot to discuss such as:

  • Potential retirement dates
  • Finances / budget / financial planning
  • Tax Planning
  • Insurance needs (house, health, disability, long-term care; etc.)
  • Medical, health and dental benefit plans
  • Revising or writing your Last Will and Testament; Living Will or Health Care Directive; Identifying Power of Attorneys for Financial and Health Care (Health Care Proxy); Trusts
  • Expectations and desires; and
  • Your bucket lists that each of you want to experience together as well as apart.

Once you know what each other is thinking then you will be in a much better position to start planning!

Another situation that can happen is that you have been retired for a few years and soon your better half will be joining you. This will certainly be a transition for both of you which could be difficult and rocky or smooth and exciting or a combination of all of these.

Someone recently told me, “It was on my husband’s first official day of retirement, when he wandered into the kitchen, and questioned my ability of how to fill the dishwasher.” They had a good talk afterwards to work out a few things! 🙂

Again, the more you communicate with your partner the better prepared you both will be – talk about expectations, boundaries, challenges, obstacles and the opportunities that will be available to the both of you!

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.

Fear of a Lack of Purpose in Retirement

A purpose is very important to living a meaningful life. Ernie J. Zelinski, author of How to Retire Happy, Wild and Free says that, “Two essentials for successful retirement are sufficient funds to live on and sufficient things to live for.”

You may have a lot of hobbies, interests and leisure activities that may keep you busy, however, if you want your retirement to be meaningful, these will most likely not be enough. You may need to find your purpose.

So exactly what is ‘purpose’? Think of ‘purpose’ as your ‘why’ – The ‘why’ behind what motivates you to get out of bed in the morning and excited about your day.

Your purpose is your authentic path, being the best ‘you’ are here to be by sharing your unique gifts and strengths to make a difference in this world. By doing this you add value to the lives of others while creating value in your own life. It’s win-win. Your purpose defines who you are and how you will live.

Just because you will be in retirement, doesn’t mean you can’t continue to live your purpose. In fact, if you don’t live your life on purpose, you are more than likely going to feel unfulfilled and dissatisfied with your life in retirement.

Knowing and living your life on purpose is key to a meaningful life.

Fears can be debilitating as they can stop us from achieving our dreams and doing the things we want to do. So, don’t let your fears stop you from living the life you want.

Identify, understand and take action to overcome your fears. These are important steps in preparing yourself psychologically for your retirement.

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

Marielle Gauthier, owner and principal of Redworks Communications, is a certified Results coach; an Associate Certified Coach (ACC); and a Conversational Intelligence Coach.