What is retirement REALLY like?

Photography

It's a question Mike and I get asked again and again.  Among most of our friends, we are the first to retire.  And sometimes it feels like they are observing us, seeing how we are REALLY doing in retirement.  In other words, are we happy?

Recently I read an interesting article by Rodney Brooks in USA TODAY on his interview with author-radio show host Wes Moss. Wes recently surveyed 1300 people in 46 states about retirement.  He was looking for the happiest retirees and their financial state.  He then wrote a book: "You can retire sooner than you think: the 5 money secrets of the happiest retirees".

In the USA TODAY article he gave his top 3 pieces of advice for happiness in retirement:

1. Pay off your mortgage.  "Happy retirees are four times more likely to have their mortgage paid off in five years or less".

2.  Level of income is important. Happy retirees have at least three sources of income in retirement.  These might include Social Security, a pension, part time work, rental income and investment income.  They have diversification in their income.

3. "Busier retirees are happier".  "Happy retirees have 3.6 core hobbies, unhappy have less than two".

He went on to say that people thinking about retirement should get hobbies so they don't arrive at retirement trying to figure out what to do next.  People who are happy in retirement wanted to stop working so they could have more time for their hobbies and interests.

Gardening

In my own retirement, my best days are when I have several hobbies or activities to choose from.  I might write a blog entry, work on a new denim table clot, or move some flowers in my garden.  I might paint some cast iron chairs I bought at a garage sale.  I might want to finish that new book I just started or work on a new piece of jewelry.  And then there's biking and walking, which I should do more often.

At a party last weekend everyone seemed to be talking about when they could retire.   Seems like most were counting down the days before they were free of the work scene.  But what were they planning to do in retirement?

As I looked around at people attending the party, there were a few people who were involved with  hobbies today such as photography or woodworking.  Others had ideas of what they wanted to do in retirement, but they weren't really doing that activity today.  And some didn't have a plan for retirement; they just wanted out of the work scene.

Before I retired, I didn't really know what I would do with my time.  I thought I might work some, but I have not pursued a job.  I expected to volunteer, but I haven't started that yet.  I planned to write a book, and I've actually made some progress on that.

Jewelry making

But I also had hobbies before my retirement, and I am actively pursuing them in retirement: photography, jewelry-making, sewing, gardening, playing guitar, live music, biking, walking and cooking.  And of course, writing a blog.  And by having so many diverse interests, I don't often get bored.  In fact, most days I wished I had more time.

I agree with Wes Moss that you need to get your financial house in order for retirement.  But the area that's often overlooked in retirement planning is developing hobbies while you are working.  Retiring and having an additional 40-50 hours available in your week can be daunting if you don't know what to do with the time.

So if you are sitting at your desk at work dreaming of retirement (or if you already retired), start thinking about your current hobbies. Do you have any that you are excited about?  Don't be afraid of failure.  If something doesn't work out, drop it and try something new.

Biking

When I was younger I tried golf for several years, and it wasn't my thing.  I also tried skiing, and though I enjoyed the bunny hills of Iowa, skiing once at Winter Park in Colorado scared me to death. So I gave up skiing...At least I can say I've had the experience.

So what's retirement REALLY like?  It's a great place to be, most days anyway....  I think it's different for each person, and it changes over time.  I may be doing something totally different next year, and that's OK.  

Diane

The days melt together

Me in Challenger window, Indiana corn in background...

and I lose track of whether this is Wednesday or Thursday.  And what is the date?  And how did this happen to a person who project planned for a living anyway?




We have had a couple of unscheduled weeks, and I'm finding that the day and date don't matter much.   Mike has been busy designing and building a bike storage rack for our garage, and I've been building our nest.  And all the while wondering if I should be "nesting" or out in the world volunteering or working or doing something of more meaning.  I'm a bit restless lately, wondering what the next steps should be.  As I've mentioned before, I believe I'll know the right opportunity when it knocks.  But as our friend John said, maybe that's true, but wouldn't it be more likely you will find the opportunity if you are out in the world looking for it.  Food for thought, for sure...

So here's a pictorial view of the past week's activities...

We have limited space in our garage and way too much stuff.  So we need a place to store our bikes so they're available when we want to ride.  And Mike is good at building things, so he put together a prototype "C" structure, modified it with pulleys when I couldn't lift the bike without hurting my back, and now the construction is underway.  And finally I "get" the importance of prototypes in the software development world.  Wish I would have known this during my program management days...

Mike with C frame

Pulleys on the prototype

And then there's my decorating streak.  Of course I still have the need to accomplish something each day, and so goes my attempts to dress up our home...

Amazingly clean laundry room!  And yes, that's an Eli Lilly lab coat in the back!

I cleaned out the laundry room, removing a huge amount of Mike's clothes which were on hangers and laying on this shelf.   And no, the paint isn't new.  Mike and I painted this room several years ago.  It's "rubber glove yellow".

Family room with new curtains.

And I wanted to soften the family room with curtains.  So after dragging Mike to Penney's, Lowe's, Target and a few other places, and him admitting he "didn't really care" about curtains, we finally found the perfect rod and grommet curtains.

The room looks totally different now, and Mike is getting over his fear that the curtains are encroaching on the room...













And I added some of my pottery to the hearth.  Hey, a couple more things out of storage!

My new pouf.  Mike hates that word!

I finally found a "pouf" or "cube" for the porch.  At last a place to perch tired feet while drinking a iced tea (or wine!).

First the balloon, now the CD's...

And we  hung old "CD's" to protect our ripening raspberries from the birds.  They move about in the slightest breeze and hopefully will scare the birds.











We spent an afternoon at the Eiteljorg Museum to view the Guitars Exhibit.  It was an amazing pictorial history of guitars.  We would cue up each exhibit on an iPod and listen to music from that instrument (think Stephen Stills and Jimmy Hendrix).  Amazing!

Mike playing a chord.

And I LOVE the flowers in our yard...

Notice the honey bee in foreground...First time we've seen honey bees in several years!

Don't you just love this texture?

Fig growing at center of leaves

Blue petunias! Really?  Hey, on sale after 4th of July!

And I finally got back to some crafting...pulled out the sewing machine, fought thread tension problems and broken needles to sew a couple of new purses...

"Pink is my favorite color..." 

Bling!

And so goes it.  Days that fade together, choosing how to spend each day, and wondering if there should be something more I'm doing with my life.  Restless, yes.  Enjoying the days?  For sure.

Hope you are having a great week!
Diane