As I turn 61, like many others my age, my mind is easily swayed by the magnetic field of retirement.
Yes, I emphasize the word “retirement” throughout this column. Because it’s not our parents’ “retirement” anymore. Rather, it has taken various forms between myth and reality these days.
Traditional views of “retirement” depict people sailing, playing golf, deep-sea fishing, and traveling 24/7 to exotic locations.
Frankly, I smell golf and I don’t eat fish to begin with, so the whole marketing approach just doesn’t apply to me.
This epicurean perception, or what I call the “leisure vortex,” is of course perpetuated by the financial industry, who wants to make you believe you need to save billions by age 65 without having a stroke. I’m here. .
I often see articles professing how much you should have saved by the time you’re 30, 40, 50, or 60.
For example, the general consensus is that you should have saved about eight times your annual income by age 60 if you want to “retire” comfortably. 10 times by age 67.
Of course, this is based on the rather outdated idea that you should live off the money you have saved because you will never work again in your life and will only get depressed.
Are we really so bored with life that when we “retire” there is nothing else we want to do? Do people just hate making money? I don’t
They say that if you love what you do, you can never work again.
Now, without judging here, my guess is that this isn’t exactly the case for many people. From what I’ve heard, some people subscribe to the “golden handcuffs”, the idea that if you just give your time, you’ll get what’s coming.
Certainly, certain circumstances and responsibilities in life force us to compromise. Yes, but still no dream after compromise? Dreams are not just for the younger generation.
So instead of “retirement,” I like the idea of a second act, a third act, or even a fourth act.
Thanks to my everlasting curiosity DNA, I have a few acts left, so I’m not worried about saving billions of dollars by a certain age.
But I like the idea of being financially independent enough to chase the dreams that remain on my checklist (there are a few).
I still want to make my own little cut in space. Some of that inspiration comes from people like the great writer Nikos Kazantzakis, author of “Zorba the Greek” (1946) and “The Last Temptation of Christ” (1955). . Kazantzakis wrote all the great works in his last decade of his life. He died in 1955 when he was 74 years old.
So when I think of Nikos, I like to think I still have a lot left in my tank.
The reality is that there is no uniform definition of “retirement” anymore. With this “golden age” just around the corner, we are thinking about how to redefine “retirement” and avoid thinking we have to fit into fixed categories of retirees and seniors. You should stop.
Perhaps the only remaining eternal truth about retirement is spending more time counting your blessings. Well, it’s fun for me.
Ginevra embraces unconventional wisdom and writes from Myersville. Please send an email to email@example.com.