Finding Your New Normal in Retirement.Submitted by Mission Financial Planning on March 20th, 2020
Balance in retirement is important – not just finding a balance between spending too much money and being afraid to spend, but also how to spend time. How much alone time do you prefer? How much would you like to engage with friends, family, or former colleagues? What is the right blend of relaxing and being active for you?
When you’re exploring all the priorities that will fill your time, it’s important to be aware of the need to balance activities like: play, volunteering, family, friends, self-improvement, and quiet time and relaxation. Take a look at the chart below to help find your ideal retirement-life balance.
Where are you on the sliding scales now? Where would you like to be? What steps will you take to reach your ideal balance and enjoy your retirement to its fullest?
Do you want to dig deeper into why you are struggling with the idea of spending your retirement? If you’d like to investigate on your own check out the book Retirementality. Author Mitch Anthony writes in-depth about how life-long habitual savers struggle to enjoy their money after years of saving for retirement, and provides some alternative perspectives to how retirement “should” look.
Want some help investigating your financial mindset? Sharon Weaver’s expertise as a certified financial planner in coordination with her financial therapy certificate makes her a great resource, including the softer side of financial planning.