Archive for the ‘Retirement Living’ Category

Retirement Goals

Friday, September 7th, 2007

What are your retirement goals? I’m not talking about money or dates. When you can retire, and with how much money, are important goals to set, for retirement planning.

But what goals do you have for retirement? The things that will keep you motivated, and that will make the sacrifices necessary to achieve early retirement, a joy to bear?

Maybe take-up or expand a current hobby? Learn a new language? Travel the world? Figure out how to use your food processor? Whatever they are, goals for retirement can be very useful, in helping you achieve an early retirement. Why?

First of all,  it can take away the fear of retirement, the “what the hell am I going to do with my life once I retire?” question is answered.

And secondly, having retirement goals can keep you motivated to achieve early retirement. If you want to retire early, you’re going to have make sacrifices, saving means not spending. So, when you give up the morning run to the overpriced coffee store, you can say to yourself “Giving up that cup of coffee, just brought my retirement date, one day closer!” and smile.

Today is my birthday, and so I’d like to share with you, what are my retirement goals.

My goals for retirement are, to have a nice little cabin, with a hammock and a surfboard, on a tropical beach and to go surfing everyday. That’s it. Nothing more. You go travel the world, teach poor kids to learn English, write a book, climb mt. whatever, re-furbish corvettes, I’ll be surfing.

What are your retirement goals?