Thousands of people turn 55 each day in Canada. Most of them will retire for the first time, unsuccessfully, at age 57. Why “unsuccessfully”? Because while many pre-retirees plan and calculate their financial resources to ensure an adequate nest egg to fund their retirement, almost none of them invest time and energy planning the non-financial aspects of retiring. For example:
• When is the right time for me to retire?
• Do I expect retirement to consist of full-time leisure? How do I know that will be satisfying for me? And if not, what does retirement mean for me?
• Do I want to continue working in a business or position of my choice? How many hours? Who would employee me, or what business would I start?
• Who am I apart from my job?
• What is my attitude toward the transition to retirement? Do I know how to address my fears?
• How will my marriage and other family and social relationships change when I retire? Do I have a vision of how I would like those new relationships to be?
• How will I spend my time when I’m no longer working full-time?
• What is my current level of health? Do I know how to maintain it? Do I have a plan if it changes?
• What is my vision for an ideal retirement?
• What primary contribution do I want to make in the “third half” of my life?
• What motivates me?

These questions and many more are rarely asked by people approaching retirement. As a result, they end up dissatisfied, or consider returning to work, or wish they’d planned it better.

Successful retirement must take into consideration all of the key elements of one’s life. Financial resources are one aspect, but by no means the only place to focus. Developing a retirement lifestyle is a comprehensive approach to retirement planning that is unlike any other system. And it is just that – a system or template that will help your retirement decision is not only financially viable, but emotionally and personally satisfying as well. The Retirement Lifestyle System includes eight simple steps to ensure you reach your desired retirement goal.

Hiring a professionally trained Retirement Coach will assist in planning your retirement. Retirement coaches:
• Help their clients set priorities, develop a plan and timeline, and work toward it
• Assist their clients to determine whether they will work and how it will be structured if they do
• Help their clients overcome fears and other mental and emotional barriers
• Test clients’ assumptions, ideas and models about retirement
• Assist clients in resolving timing issues (spouse works, they don’t), factor in needs for care of family members, etc.
• Brainstorm with clients ideas for entrepreneurship in retirement
• Help companies address retention issues, avoid talent loss through flex-work and similar programs

Are you ready for an uplifting, energizing, fun retirement full of new discoveries and adventures? Is it your goal to experience a retirement that will truly meet your needs and those close to you? If the answer is yes, contact a professionally trained Retirement Coach today. Retirement coaches can help their clients avoid being one of those who retire and find that they dislike their new lifestyle – for reasons that can be hard to pinpoint after the fact. Happy retirement!

Author's Bio: 

Donna Galay, B. Admin, CHRP, ACCC is a successful Career & Retirement Transition Coach, workshop facilitator and speaker, who uses a simple step-by-step process, to assist individuals and employees in businesses with career issues and retirement readiness.

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