5 Solid Money and Life Tips for Near-Retirees

Frankly, I could afford to stop working now, if we were willing to give up our dream home and move back to our previous house (that we still own and are leasing out). But unless forced into it, why would we?

5 Solid Money and Life Tips for Near-Retirees

If you’re still working and want to retire soon, try transitioning into it by reducing your work from full-time to half-time for a few years, then down to 25% for a few more years. Then, keep it at that level or stop altogether, as you prefer.

Tip 1

Tip 2

My second tip is to find something you enjoy doing, that you can do for a long time, and that brings in at least some money. This will keep you active, and reduce the size portfolio you need, and/or increase how much you can spend in retirement, and/or let you leave a larger bequest to your kids or a favorite charity.

Jason Clenenden’s advice is, “Hopefully you’re in good shape by now and ready to enjoy the fruits of your labor. Focus on investments that generate income so you don’t have to sell assets to survive.

Tip 3

Tip 4

Ben Le Fort says, “Assuming you’re financially independent at this point, focus on the things and people that make you happy. You’ve already done the work, now enjoy yourself. The obvious caveat would be to complete your estate planning.”

Wrapping up, Charlie Brown reinforces my first tip, sharing from experience of family members, “Going from full-time employment to retirement (if you’ve not gone down a financial freedom route earlier in life) sucks. I’ve seen it happen with members of my family and it isn’t pretty.”

Tip 5

The Bottom Line

Without any coordination, all of us suggest in one form or another that near-retirees consider finding something they enjoy doing to continue doing even after “retiring.”

We all encourage you to fill your “golden years,” with whatever you enjoy doing, spending time with family and friends.

This will help you feel productive and engaged, rather than simply passing the days and years until you die.

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