Waiting to retire

Here is an excerpt from my latest article on HumbleDollar

Retiring on My Terms

Richard Quinn  |  Mar 4, 2024

I OFTEN READ ABOUT the difficulties people face after retiring—difficulties that have nothing to do with money. Loss of identity, depression and boredom are all mentioned. It takes serious planning beyond finances to retire, we’re told.

As an employee, I was a type-A personality. I worked seven days a week, in and out of the office. I worked on vacations. My job required me to work with the organization’s most senior executives.

If there was anyone set for a fall upon retiring, it should have been me. I had little social life beyond family, and few friends not related to work. Most of my work “friends” quickly disappeared once I retired. I never thought about retirement planning beyond finances—despite conducting hundreds of classes telling other employees to do exactly that.

Why haven’t I had a problem with retirement? I believe it’s because I waited until I knew it was time. My work situation was changing and I was ready to move on. I retired at age 67 on my own terms.

Check out the full article and comments on HumbleDollar

3 comments

  1. I went to my doctor for mild anxiety. I had trouble breathing when I was home, which would go away if I just went out for a walk or run. My doctor asked a series of questions, including how long I had been retired. (About eighteen months) Long story short, I joined a senior exercise class, meeting the same people three times a week, a miracle cure.

    SilverSneakers®

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  2. I’ve been retired 5 years. I constantly find myself doing something and thinking ” I couldn’t be doing this if I was still working”. No problem staying busy, but I do agree you need to seek out new friends, as those from work tend to lose touch after retiring.

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  3. being retired is very different than working, but there is always something to do around the house. It keeps me busy.

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