Page 62 - Workbook3E

Myth No. 4: Out with the old... In with the new.
Retire and give the youngsters a chance? Don’t be influenced by others who may want your job. If you enjoy your work, and feel you’ve something to offer, age doesn’t matter. People retire from their late 40’s to early 80’s. Base your decision on personal needs, desires, and interests. It’s the only way to make retirement work for you.
Are You Ready to Retire?
Take this test from AARP (American Association of Retired Persons) and find out. To make this as helpful as possible, respond honestly and accurately.
#3
If you retired now...
Check the one statement in each group that is the most true for you.
Finances
❒ I don’t haven’t saved enough money to make it right now.
-50
5 ❒ 10 ❒ 15 ❒ 25 ❒ 50 ❒
Health
-5 ❒
5 ❒ 15 ❒ 50 ❒
I’ve probably enough money to scrape by, but only without much inflation. I can make it if I live and buy smart and cut back on extras.
I’m okay for a while at my present level of income.
I’ve enough money for most retirement situations.
Money is not a problem.
My current work keeps me active, gives me exercise, and helps me watch my diet and personal habits.
I feel my work favors my health because it involves good exercise on a regular basis.
My work usually wears me out by the end of the day. If it weren’t for weekends, I’d be completely burned out.
My work’s a terrible strain. It drains my energy, keeps me on edge emotionally and physically, and also affects my sleep.
Relationships
-5 ❒ 0 ❒
10 ❒ 25 ❒
I believe my personal relationships would suffer from the loss of my friends at work, and I think my spouse and I won’t get along well when spending a lot of time together.
I don’t have many friends outside of work; my social life would be greatly reduced.
I don’t depend much on people I meet at work for socializing, and have a good group of friends and relatives who’ll continue to give me a full social life.
Once I retire, I’ll have even more time to devote to my many relationships.
58 Workbook 3: Prepare for the Future