Do you want more success in your life? Do you dream of things that you can accomplish? Do you know what ‘your success’ should/would look like? So many of us drift along through life without having a goal, a life plan and wake up one day and realise that a few decades have swept past. Where does all that time go and where are the accomplishments?
Longevity makes it imperative we make a conscious effort to save more money while we are still working. Life expectancy has continued to increase with females now aged 65 expected to live to 87.1 and a 65-year-old male can expect to live to 84.2 according to the Australian Institute of Health and Welfare. I became a widow at 55, my girlfriend became a widow at 59 and my Mum became a widow at 83. The chances of women ending up on their own are greater than men and that is why women need to avoid running out of money.
The retirement vision is something we eagerly await. Some of us have a clearly defined picture of our future retired lives. We know the location, the activities, the travel and dream of the free time. What happens then when this definition of our retired life is not duplicated by our partner? After all those years together, could we possibly want a different life in retirement to them?
What do we do to fill in our time when we are not working? Some of us will get bored, some will be lonely and some may feel angry that their life had not turned out as they expected. We don’t have a crystal ball when we start out on our life’s journey. Most of us just go with the flow and deal with life and its emergencies as they unfold. Do you ever sit and wonder and reflect back and think if only I had made a different decision would my life be better now? I certainly do.
Sometimes in life, we need a shock, a jolt, or a wakeup call to get us doing something different. We could be living a successful life. We could have a job that brings in good money and we could believe everything is on track for a happy existence. When a major, unexpected event takes place that puts all that we value in jeopardy we are not prepared. What do we do then? If for instance the major breadwinner, the one that brings home the most income each week, is diagnosed with a life-threatening illness we may be forced into reassessing not only what we are currently doing but what we will be doing into the future.