Have you thought about retirement but feel like you aren’t ready, or maybe never will be ready, to give up work entirely? This is a common feeling among many retirees.
We all know that the traditional view of retirement sees an individual working hard till at least their mid 60’s, then facing a daunting “cold turkey” retirement.
It’s a sad truth that many people face sickness or death shortly after retirement, due to stress.
Our view of retirement is less of a cold turkey approach and more of a gentle walk into retirement.
Here are some of the ways we like to transition to retirement:
● Establishing solid networks with people to ensure a sense of community involvement and connection before you retire.
● Ensuring that your identity is not only linked to your career, but more so WHO you are, not WHAT you do.
● Encouraging more of a mix of activities and travel and where possible, perhaps slowly reducing your work hours over a longer tem. Perhaps even introducing the idea of a “gap” year pre-retirement.
Retirement – quite literally a walk in the park.
We believe that your retirement should represent a smooth and seamless transition, giving you enough time to stop, smell the roses and enjoy the results of your career to date. To help you do this, Life Reignite covers topics such as:
● The Australian Government’s transition to retirement rules
● Where to find work in retirement
● How to scale down
● Mature entrepreneurship
● Volunteering
● Passive Income Strategies
We know that you are all different. For some, you’ll neither need or want to work beyond a certain age. At Life Reignite, we do however recognise the potential social, physical, mental and financial benefits of maintaining some form of work or business interest.So, for those of you who want to continue working into retirement, you may want to check out some options here (insert link).
Embracing employment changes
Retirement is effectively about change. And, as you know, all change represents opportunity. Leaving one form of work for another means that all sorts of possibilities open up. Perhaps this is the time of your life to start up your own business you’ve been dreaming about or to learn a whole different set of skills. The world really is your oyster!
Click on through to browse our employment in retirement information.
Looking at the Law, Legals & Wills
As we transition into our retirements, it’s important to make sure that our wills and affairs are all up to date. So many people think that they have a solid will, but have not looked into the laws governing how wills work in Australia.
Did you know, should you get this wrong, your estate can be tied up in costly probate or attract significant taxes for your loved ones?
Navigating these technical and complicated subjects can be daunting. Wills, Power of Attorney and Enduring Guardianship laws are definitely the domain for legal specialists, but in this section we provide some simple to understand information and highlight some of the questions you should be asking – both of your lawyer and yourself.
Our aim is to share some knowledge which sparks you to consider your options and may help you to make the right choices when it comes to your legal affairs surrounding retirement.
Property – TBA
Ready to Reignite your money journey?
