For those who have been a slave all their lives, bound by adult life’s rules, retirement must be their second leash in life. A few may dread it due the number it represents i.e their age but obviously, a large number of seniors do look forward to it especially those who are able to reach this age with a healthy mind and body. Retirement is indeed liberating. Retirement, for most seniors, represents the time when we don’t have to think of anyone but ourselves; no children to consider, no jobs to keep and certainly, nobody expects us to abide by the rules anymore. To top it all, discounts and senior privileges abound!
I bet, when you think of retirement, the first thing that comes to mind is moving to another city and start anew. A burning desire to make life just the way it should be or something you have always dreamed of but failed to achieve due to adult-ish reasons. However, there are lots to consider before you pack your bags and move to some unknown lands. Consider this as your last task to accomplish to finally release yourself from the bonds that hold you. After this, you are certainly on your way to happy retirement, just to forget to write back when you have time! J
First you need to assess your financial standing. This is crucial since starting out means no job to sustain your existence for the first few months. You also have to consider the amount of time you’ll need to adjust to this newfound lifestyle. To do this, you must first, determine what type of lifestyle you want and plan on how to make it happen. In some cases, you might need to sell some of your stuff to raise money for this new “life” you are preparing for. This includes properties which are not yielding desirable income for you and your family, or perhaps some assets which you can no longer attend to once you move away. However, it is wise to have a backup financial source just in case your plans did not pan out so don’t just list everything on sale and be left with nothing. Take a moment’s time to determine whether a property or asset is worth keeping or not.
No matter how eager we, seniors, are with moving and all, as much as possible, take everything slow, just so you won’t miss anything important along the way. Anyway, you can always take a little step toward your retirement plan even before retiring such as moving to a smaller, more manageable house right after the kids flew out of the nest or moving to a community which is closer to the activities you would want to pursue upon retiring. This way, you got everything together by the time your retirement year arrives and would only require a little adjustment when that day comes.