Some Opinions on Retirement
More people are asking why people retire and how they enjoy it. One article reports that people in their 80’s who were surveyed said: when you retire is determined by how much you’ve saved. The same survey says that retirees found the first few years of retirement the happiest of their lives. But another survey says people pick a date when they want to retire, and do so regardless of how much money they have saved. The more likely view, in general, is that people decide when they want to retire and mold their retirement lifestyle to what they can do with what they have accumulated. My own survey, which is the result of asking many people I meet what they plan to do or what they have done, results in this conclusion: most people retire from full-time employment at an age they choose, and decide how much they will retire (whether they will work part-time, for example) based on what they have. And, perhaps most importantly, no one I have “surveyed” was not enjoying retirement or wished they could be back at work. The key takeaway from all of these surveys: retirement is generally a very positive experience, each retirement experience is unique, and retirement planning is a project that requires much thought and analysis.