February 2021 TPT Member Magazine

NEXT AVENUE - SPECIAL SECTION

Having ‘Enough’ for Retirement The commercials and seminars suggest that the happy and secure image of retirement is available to anyone — at least anyone with enough money to live their good life for an unknown number of years, through unpredictable markets, surprise expenses and potentially exorbitant health care costs. And as a middle-income retiree, that's a benchmark I'll never reach. I looked inward. What are the components of a retirement life that works for me? Sure, I want to feel financially secure. But I also want to feel good about my daily life. I just wanted to know there was a good chance I'd be ok. So, I set out in search of facts. I wanted data that would confirm whether my personal and financial resources were truly unusual, and would be enough for my version of a good retirement with dignity, comfort and choice. By Laura H. Gilbert

For me, when it all boils down, that means:

• A comfortable home • Good health care • To not be alone • To not be a burden • To live a daily life that reflects my interests and values

To begin, I clarified what I meant by "enough." For me, "enough" is about minimizing the likelihood of running out of something important too soon. Enough for my retirement is having friends, family, hobbies, health and some funds to provide comfort, dignity and happiness for the rest of my days. As I continued to reframe my "enough" from a purely monetary standard to one that fundamentally reflects who I am as well as my interests and values, I felt more energized and hopeful.

Read the full story Having ‘Enough’ for Retirement on NextAvenue.org

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