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Discovering Your Best Retirement Part 3 - Long Term vs Short Term Wants
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A second consideration for your “want list” may be equally important - try to think long-term. If you only consider things that may be important or exciting to you for a few years of your long retirement, you may find yourself disappointed after a relatively short while- and committed to a long-term investment! For example, if living on a golf course seems a terrific opportunity today, consider what living next to the same golf course (and playing the same course) ten years from now will be like. Many golfers in Florida would rather live in a different setting, and have the choice to play the hundreds of courses available throughout the State. The same logic can easily apply to a variety of different activities.
Additionally, many people find that retirement allows them to explore whole new avenues of learning, activity, or career. If you think these may be in your future, planning now could provide extra flexibility when the time comes. For example- perhaps you envision someday taking gourmet cooking classes? Joining a theatre group? Selling your hand-crafted art? Planning with these considerations in mind could have a major impact on where you choose to retire.
So, as you make your list for your personal best retirement, be sure to ‘dream’ a little and think outside the box- after all- you’ve earned it!
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