So often these days we hear about retirement, retirement planning, how much money we must save to retire, and the potential that some of us will never retire. There is such a big push toward retirement that it may even be somewhat anticlimactic once we get there. Some retirees might even find themselves somewhat bored or without sense of purpose.
However shocking it might sound, I wouldn’t retire even if I could. And there are some relatively simple reasons why I’d like to continue working even in my golden years.
Melding work and passions
In my younger days, I used to count the years until I could retire. My work was high-stress, hard, and not the best money compared to similar or related jobs in other industries. Therefore, I set a goal for myself of eventually becoming self-employed.
By outlining how I would make the transition, selecting work that I enjoyed, and practicing my chosen trade before making the move, I was able to meld work with a personal passion. I saved up a financial cushion, researched my future line of work, and actually began work part-time in the field before leaving my full-time job to ensure that I was ready for the move.
This means that as I move forward with my self-made career, I don’t mind the thought of working during my retirement years since I enjoy what I do.
Putting some variety of my work
Even the best jobs can get somewhat tiring though. This is why I try to break my work up into various aspects so that no single task becomes overly tiring, frustrating or monotonous.
I create a weekly schedule of sorts, but it is loosely structured so that I don’t feel I’m too tightly bound to it, forcing things upon myself that I don’t want to do. It’s more of an outline of things that need to be accomplished throughout the week that I can pick and choose from freely as the mood hits or when I’m motivated to do certain tasks. This helps me avoid burnout and maintain a positive outlook on my work.
Generating multiple income streams adds financial security
Another benefit of enjoying my work and looking to take it with me into retirement age is the additional financial security it may provide. By finding work I like and that’s related to my interests – writing, blogging, resale, collecting, and antiquing – I can carry things that many people consider hobbies, as income generating work with me into retirement. Add to this that I’m able to diversify my interest into separate income streams and I’m better protecting my income against the loss or reduction of any one or two such streams.
More From This Contributor:
Building a Revenue Producing Blog
I Won’t Be Waiting to Take Social Security
Preparing to Publish My First E-book
The author is not a licensed financial professional or career counselor. This article is for informational purposes only and does not constitute advice of any kind. Any action taken by the reader due to the information provided in this article is solely at the reader’s discretion.