Dear Lori,
I am thinking about retiring. I am 60 years old and my wife keeps asking me what I am going to do when I retire. I don’t know what to say. I am tired, and I want to stop working but I am concerned that after two weeks I will not know what to do with myself. My wife stayed home and raised our children, she has her own routine and I know she is concerned that my retirement will change things for her, I think she is scared too. Any suggestions on what I should do? How does someone prepare for retirement? Should I be feeling more certain before I retire?
Thanks for your help,
Potential Retiree
Dear Potential Retiree,
Retiring is a big decision, that you want to be fairly certain you want to do. At the age of 60 years, you still have many years ahead of you. If you are thinking about retirement, one thing I suggest to my clients who are contemplating retiring is to make of list of the things you want to do when you are retired. This is done to refocus your thoughts and to give you some concrete things to look forward to. If you find you are feeling excited about the potential of what you can do, then it is probably a good time to retire and enjoy the fruits of your labour. It is also a good idea to talk to your wife about your concerns and allow her time to voice her concerns. Then the two of you can discuss how to deal with everyone’s feeling. It might also be a good idea to share your list with your wife, perhaps there are things you want to do together, such as travel. Fear of the unknown is always intimidating, but if you take the time to work through it, you will feel more in control of your emotions. This in turn will allow you to be able to make a decision with more clarity and confidence about whether or not you are ready to retire.
Good Luck,
Lori
