WHAT IS RETIREMENT ABOUT?
Have you ever bothered yourself with this question, ‘What Is Retirement About?’ Let’s answer by taking some factors into consideration to avoid this #1 mistake.
Read on to discover them.
TABLE OF CONTENTS
#1. WHERE DO YOU BELONG?
Hello folks, perhaps you fall within one of the following categories…?
- You are a youngster and short-term goal setter. You only care about what you need now. No goals for the nearer future.
- You are a youngster and a long-term goal setter. You want to start consciously learning about retirement and actively looking for lucrative careers that will sustain you today until retirement.
- You are in the middle of your career, and suddenly the thought of retirement stroke you. You want to start preparing for that era either by doing something complementary that will sustain you (& family) through retirement, or completely changing career paths.
- You are already retired, and looking for ways to earn extra cash or full-time revenue without any physical effort involved.
Whatever category which pertains to you, be careful to avoid making this #1 mistake: retirement is not a topic reserved only for the elderly. Please let’s watch out!!!
#2. WHAT IS RETIREMENT?
Retirement is a topic of keen interest to me for several reasons, and mainly because of the painful life experiences I’ve lived through. I know what’s on your mind right now. You are probably thinking I’m some retired elderly individual, writing to inspire other retired elderly people.
To clear your doubts about the publisher, please visit this link, ‘Who Is Stunning Bell?’, for a personal encounter.
When we think of retirement, there are certain emotions, feelings, impressions, and ideas (mostly negative) that always inevitably come with it. Why is it so??
I’m talking about depression, rejection, aggressiveness, tiredness, unworthiness, frustration, fear and sometimes humiliation?
I remember very vividly what happened to me once so many years back when I was much younger. I accompanied a relative to a party organized by their company. When we got there, we realized it was a feast thrown to honor colleagues going on retirement.
We enjoyed ourselves and had fun and when the party was over, my relative suggested we meet the newly retired colleagues in private and congratulate them for having acquired a prestigious and respectful status.
YOU CANNOT GUESS WHAT HAPPENED NEXT!!!!!
My relative was literally assaulted. The retired colleagues flared up, and said all sorts of angry disgusting things, blaming my relative for being responsible for their retirement. And that youngsters would never acquire the knowledge and experience they already had.
I was dumbfounded and speechless. This incident had me thinking about retirement ever since!!!!
These definitions are obtained from Oxford Dictionaries:
”The action or fact of leaving one’s job and ceasing to work.”
”The period of one’s life after retiring from work.”
==> Definition explained
I love these definitions of retirement for their simplicity and truth. Yet ALMOST everyone in the world today cannot understand what those two short sentences really mean. A lot of miserable assumptions have been implied!!! making everyone to consider retirement like a horror movie coming live.
These definitions do not mention why you cease work. But yet society has made us attach horrible feelings to ceasing work:
==> What the society says about retirement:
- You retire because you are old
- You retire because you are no longer smart
- You retire because you are no longer needed
- You retire because they found a better option
- You retire because…
==> Factual reasons for retirement
What if you retire because you want to discover the world, or spend time with family, or take a rest, or build the business you’ve always wanted, or … You name them.
You have all the right to make that decision. No matter what you do, the community will always look for ways to stigmatize your decision. And you live for you, not for the society.
==> Postive attitude towards retirement
When beautiful and talented people ‘retire’ with these negative stigma imposed by our surrounding community, they start looking at themselves as misfits, driven away to isolation and rejection under the canopy of RETIREMENT!!!!!!!!!
And that is when an irreversible journey of depression takes over if you don’t understand the real meaning of retirement and change your mindset immediately.
Contrary to what most people think, retirement is the period where you stop living at work and you start working at living. It is a phase of life to be celebrated!!!
#3. WHAT IS RETIREMENT PLANNING?
There are several reasons leading to retirement. Retirement could be imposed by the society, or motivated by personal reasons.
Whatever the reasons may be, the individual must engage in some serious retirement planning activities, better sooner than later.
Many people (especially the young ones) consider retirement planning as a topic meant only for the old.
Planning should be initiated decades before retirement action date/period. Yes indeed. Before you start looking for a job, it is advisable to start looking into the long-term and visualizing how you want to spend your retirement era and start preparing immediately.
You don’t need to be married to do this. You want to be on a safe side, irrespective of whether you have a family or not. And if you have a family in the nearest future, then the better. They are covered too.
These long-term perspectives in mind will really affect your current decision-making abilities in the process. You will be able to identify a career that will sustain you for decades to come.
==> Retirement activities
You have the right to visualize the types of things you would love to do during retirement in every detail: traveling around the world, fishing, partying every weekend, building charities, providing for the needy, building that business, and what have you.
You have to be very passionate while doing this and take this exercise very seriously. List them down in your diary.
==> Research Activities Cost
Do a research on the internet just to have an estimate of how these things might cost you on a monthly basis. You need to put your mind to act and start familiarising yourself with huge sums of money. You can add some margins to cover inflation cost in the future.
==> Choose Career Path
Ok. Now you have an idea of what you need. Start asking yourself questions about the career you can choose to enable you to attain your objectives.
In order to make a career decision, you have to take into account your strengths, weaknesses, your available resources as well as opportunities present in the world today. If you must go to school, choose wisely.
I wrote a very interesting article on the myth of education. CLICK HERE TO READ MORE ABOUT IT.
==> For how long will retirement planning last
For as long as you have not yet indulged in activities that will make you comfortable during your retirement period.
==> Shattering The Top 5 Retirement Planning Myths.
The content of the youtube video attached below is just so incredibly true and awesome. It felt like we actually discussed before I wrote this article. it’s amazing to realize that the problem I identified in this article had already been detected years back. The society is rapidly changing and everything in it.
Famous retirement planning myths that used to work decades ago are no longer applicable today. Watch the video below to gain insights into the dangers of ignoring retirement planning:
BACK TO TOP
Having other sources of income during retirement is imperative. The video above has said it all. You will certainly not have the physical strength to continue work due to failing health conditions and other factors clearly stated in the video. That’s the main reason why you need a source that will generate PASSIVE INCOME without any physical effort.
This is the number 1 recommendation I will give to anyone looking to make huge sums of money from home and making the best use of their retirement at the same time.
Irrespective of your category (defined at the beginning of this article), starting a passive income generating business online is the best solution for anyone wanting to make long-lasting passive and residual sustainable income before and during retirement.
This is the only sector where you BLOOM in ANYTHING YOU ARE TALENTED WITH. Your talents have got absolutely nothing to do with education. That’s why you don’t even need to be educated to become a wealthy online.
The opportunities online are just awesome!!
If you have absolutely no idea how to go about starting your passive income generating online business but are really interested to kick off your new career and adventure no matter what, and start preparing for your retirement, CLICK HERE TO GET STARTED. You will discover all there is to know about online business and start yours.
If you are already retired, working from home is the best option for you to boost your financial situation and live a stress-free retirement.
If you are still young and vibrant, then start-up your online business right away, even as a part-time affair. You will become amazed at the revenue this will procure for you in the long run.
THIS IS THE BEST RETIREMENT PLAN I WILL RECOMMEND TO YOU AND ANY OTHER PERSON
#5. SO WHAT’S THE FAMOUS RETIREMENT AGE?
Defining Retirement Age is very tricky because this is a strictly relative concept. We have understood above that the decision to retire could be motivated by personal and societal reasons.
In most countries nowadays the retirement age has been fixed by rules and regulations governing the Social Security sectors. My definition of My Retirement age will not be geared towards that direction
My Retirement Age is that point in my life when I deem it necessary to withdraw from my working life and start enjoying residual income from the businesses or savings I made during my working life.
- I decide when to retire. It could be at the age of 28! Why would I want the government to take care of me through social security? How much will I be paid? Will it be enough to live comfortably and to take care of my health? Will my trips abroad be sponsored? I seriously prefer to take care of myself.
- I have access to my accumulated wealth at all times. I won’t have to wait for month end.
- I don’t have to receive a ceiling at the end of each month. I decide on the amount I wish to spend which is available at all times.
The advantages are many
#6. BEST RETIREMENT INVESTMENTS
The Best Retirement investments are those that will generate passive income effortlessly. The time to set up those investments are now. It could be any, but the capacity to generate passive income should be the determinant criteria.
Watch the video below to understand what it means to earn passive income and why it’s absolutely the best plan for everyone:
Needless to say more about building your passive income generating business. You don’t need to work forever once you have a great business going on for you. You put in the hours, in the beginning, set up your business, and you start earning passive income. When you do this online, you benefit from the following advantages:
- global access, 24 hours a day, 7 days a week.
- improved client service through greater flexibility.
- Low start-up costs and high-cost savings.
- faster delivery of products.
- increased professionalism.
- less paper waste.
- opportunities to manage your business from anywhere in the world.
- Larger market share potential. More than 3 billion people connected on a daily basis
- Easy brand name creation
It’s time to go digital irrespective of the stage in life you find yourself. Have fun while making money and resting. You can start building your network online business today.
#7. BEST RETIREMENT ADVICE
BRIGHTEN UP, HAVE MUCH FUN, BE HAPPY, LAUGH HARD…
You deserve to be happy. You deserve rest and new adventures. Besides God has given us the free will to do whatever we want with this life, conditioned by the obligation to do them righteously.
Get more insights into your destiny by VISITING THIS LINK.
Learn to laugh harder and harder, go to places, learn to bake, learn to do the things you wanted to do, but never had the time to. GO AND ADVENTURE. YOU DESERVE EVERY BIT OF IT.
I hope you enjoyed reading this article.
If you have any questions with regards to these contents, please leave them in the comments section below, and I will be more than willing to help.
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