Retirement is about “much more than money,” authors of Retiring? say

When friends Ted Kaufman and Bruce Hiland compared notes about their transition from work to retirement, they felt there was a book in there. The result, Retiring?, is a great little reference work that provides key things to consider as you transition away from the workplace.

As a starting point, the authors note that “retirement has changed enormously in the last few decades in its duration, the circumstances giving rise to it, and decisions the individual has to make.”

As well, they note that most retirees they spoke to “were unprepared for the profound personal and life changes retirement brings. Addressing these non-financial issues seemed to hold the key to a satisfying and fulfilling retirement, but only financial matters had gotten the necessary attention.”

In short, people “are living longer” and “the onset of age-related health problems has slowed.” So we live longer and are more healthy, yet “a career with a single employer is now virtually unheard of,” and “ageism is alive and well,” with successful people still being shuffled off to retirement because they are deemed to be too old, the authors write.

In retirement, you have to move on from the old reality that your work “defines you,” the authors point out. You will need new social connections. But, retirement will bring change that you can embrace – “you’ll have more choices than ever before,” the authors say.

To set sail on retirement, the authors suggest (worksheets and a quiz are in the book to help you) that you define “what I value” as well as a “never again” list. This useful pros and cons list may help you decide whether or not to retire, or more possibly, when, the authors maintain.

Activities are crucial in retirement – things like “teaching, writing, starting a business, exploring a new talent, or fully developing one you already have, such as art, gardening, or photography.” Having one activity is good. “Two is not uncommon, but three seems to be pushing it. The core idea is to define your anchor so you can fit other interesting, satisfying activities around it, like filling in the smaller stores in the mall,” the authors explain.

In a chapter on relocation after retirement, the authors suggest making a test run before the big move. “Give it a serious tryout before making a decision. The same advice applies to a move back to someplace once familiar but where you haven’t lived for many years. Renting – ideally for a year – offers the most realistic experience against which to test your expectations,” the authors advise.

In the section about physical health and fitness, there is a nice worksheet section that considers such factors as your age, family history, stress level (and sources), chronic issues, and other factors to help you design a suitable health plan.

Be active and watch the drinking, the authors warn. “Exercise. Eat and drink in moderation. Develop a sensible plan, and then stick to it!”

After helpful chapters on mental health and spirituality, the authors conclude this fact-laden, thoughtful book by advising that “the new retirement will bring many changes. The one constant is that those who enjoy a satisfying and meaningful retirement are those who applied their thinking and planning talents to the challenge.”

Living after work is over will still require money. If you are lucky enough to have a retirement program at work, be sure to contribute to the max. If you are saving on your own for retirement, considering partnering up with the Saskatchewan Pension Plan, who have been helping Canadians build retirement security for more than 35 years.

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