...
Just wondering how others have handled this and the transition to a better (or worse?) life.
I am looking at retirement but can't quite afford it yet. So, similar to what others have advised:
* Make sure you can afford retirement. Do you have a financial plan that shows it's feasible?
* Watch out for retirement homes. If you think you will end up in one, be prepared. The decent ones
are very expensive, with large bonds upfront (roughly AUD 600k per person). Most are not fit to house
livestock.
* Put the effort into staying healthy and active, so your mind and and body function well, and you can
enjoy life. Nothing worse than being trapped in a weak body that hurts, unable to think clearly, taking
medication that depresses you, suffering at the hands of incompetent doctors, all the while leaking
money through medical bills.
* Think about how you will spend your time. Some people feel lost when they retire.
(I have so many things lined up that I want to do. As soon as I can afford it, I'm out.)