Retirement First Quarter Report
At the beginning of April I passed the first three month milestone of retirement and I want to write down some thoughts about this new phase of life. Am I glad that I retired? Absolutely, but I would be lying if I did not admit feeling some fear caused by the fact that our retirement income is tied to the market that reacts to the whims of the President of the United States.
The market, and my reaction to it, is emotional and so the challenge is in managing those emotions. Uncertainty is a reality that always exists and my technique for living with uncertainty is to focus on, to the extent possible, what I know. For example, if all of our savings were to disappear, which is a very unlikely scenario, I have had these three months of life lived to my schedule whereas I could be still working, still have the savings disappear, and not have had that time.
Retirement for me is about savoring the most precious gift of time, which always passing and often only appreciated via hindsight. The best way to face uncertainty is in gratitude for the current moment. I have reasons to be grateful simply to be alive to experience this moment, but I confess that in the later years of my career I grew frustrated with having the precious time of my life controlled by a corporation that simply did not know nor care about me.
I’ve been working since I was 12 years old. When I define work in the context of my life, I broadly include in it all the requirements placed on my time by others, school and employers. Forty seven years, almost non-stop, of waking up to an alarm clock dictated by somebody else, and when I became more aware that my remaining time in life is shorter than the past life I have lived I grew more irritated with having to share that remaining time with a lifeless corporate entity.
Had you asked me what I planned to do in my retirement I would have simply answered, not work! Loveboy’s Working For The Weekend has been on loop in the soundtrack of my life these past 47 years. I retired so that there were no more stressful Sunday nights as my mind and body gave up the brief bit of relaxation it started experiencing the prior Friday evening.
Mission accomplished! I have even found on a few occasions that I forgot the day of the week, feeling as though it were a weekend.