Sooner or later, if fortunate, you will be able to retire from work. To live comfortable you will need sufficient assets. Start saving now!

        I kept working until I was 82. At that age I gave up running workshops for Asian managers.

        I did not retire because of the work but because of the stress of flying.

        There is a saying ; “if you’ve time to spare travel by air.”

        Very often it’s the weather or the lack of maintenance that causes delays and puts you under pressure.

A handful of tips to help you enjoy your retirement

*Plan your retirement early

     Everyone should plan for retirement, so if it comes unexpectedly, you are not left in a state of shock.

     No one should go from a dynamic career to a life of inactivity.  It’s hazardous to your health and to your private life. The hardest job in life is being idle.

        Save for the day you are not earning .

        Aim to have all your mortgages and debts paid off by the time you retire. Remember there will be no regular salary coming in and you will need to manage on a reduced income.

        Save and invest early in your career to build up a nest egg for the days when you are not earning.   

        Diversify your investments to spread your risks.

* Stay connected

        Make sure you have plenty of friends and family for support. Join clubs and develop your hobbies and social activities.

        What do you enjoy doing most? Have you a hobby or a skill that could be turned into a small business one day if you need more money?

        Learn new skills, such as painting, woodwork, gardening, or learning to play a musical instrument

        Keep active both mentally and physically. You must have a purpose in life.

        Retired people need to feel wanted.

* Volunteering

        Consider volunteering for a cause you feel passionate about – it doesn’t have to be in your own country.

* Your health

        As we age bits of our body start wearing out.

        Maintaining good health is essential – keep active, both physical and mentally.

* A time to enjoy life

        You will now have a time to do all the things you have never had time to do before – make the most of it.

        Pursue your passions.

        By taking care of yourself, staying connected with friends and pursuing your interests you can make the most of this exciting new chapter in your life.  

        There are so many exciting things to do so start planning now, regardless of your age.

-Geoffrey Moss (mossassociates.co.nz)

“Nothing ventured, nothing gained.”

Source: “No Job! What Now? Moss Associates Ltd, New Zealand online FREE from our website. Also available,as an eBook published by Cengage Learning Asia and available from Amazon.com and VitalSource.