Financial savings are a crucial component of retirement planning, but it shouldn’t be the sole focus. In fact, there’s a non-financial factor that’s even more important: how you see yourself living once you no longer work. Retirement life planning is about designing the lifestyle that will provide you with the same, or greater fulfillment than work did. In other words, it is now necessary to become very clear about what is important to you at this time in your life.
Maya Angelou said it best, “My mission in life is not merely to survive, but to thrive; and to do so with some passion, humor, and some style.” Remember, there is no cookie cutter definition of retirement, not these days. You get one chance to make retirement extraordinary. So, plan for, and work towards, the life you wish to lead.