When my friend, Elaine, was soon going to turn 90, she gave me all her books on bridge as a gift. I was in my early 50’s at the time. When I told her that I almost never play cards, she talked at length about the importance of planning now for later. Elaine has broken barriers and led a fascinating life, from running a modeling school to helping in the development of the original IBM office computers. She is sharp and passionate and on top of world events. She performed as a tap dancer until relatively recently. And she has made countless friends playing bridge. While all of her volunteer and leisure activities have kept her moving and interested later in life, she needed to give many of them up as her body changed. Bridge faithfully carried her through the later years and gave her a way to socialize, keep dates on the calendar, and keep her mentally sharp. I still have not taken up bridge, but Elaine's urging got me thinking about how I want to plan and live my third chapter. It's fabulous how our generation pursues passions for broad, active pursuits like skiing, walking the El Camino de Santiago in Spain or a beach in the tropics, playing soccer, going to the gym, or golfing on all the great courses. What comes after that?
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How are you investing in your life? In our culture, we give attention to investing our money to prepare for retirement. You may sit down with your investment planner one or more times per year to strategize about your investments and get a map of your financial situation. But do you sit down with someone to intentionally look at the life you have saved or are saving your money to live? Let's take a look at three levels of where you are investing your time and energy and priority for a meaningful next chapter in your life. What matters for what's next? Material Goods The first level of where we invest time, money and energy is getting the 'things and stuff' that we want for our life at this stage. Maybe it's a different or second home, a new RV, a vehicle, or different furniture. Maybe it's finally adding that bathroom we've always wanted, or buying a new sewing machine or equipping a shop for our hobbies. "Our needs are progressive; our satisfaction with things |
AuthorRuth Tongen helps people plan and live meaningful, fun and healthier retirements. Archives
January 2022
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