Successful people are ambitious and disciplined: They set big goals and focus on achieving them over the course of a long career or a lifetime. Many people also have high-flying goals for their personal life– run a marathon, hike Mt. Everest, etc. And, they retirees assume that they’ll cross off many of them off their bucket list once they enter retirement and have more free time. But the reality is that bucket lists can sometimes feel like an imposition or another list of chores to achieve. In addition to things you want to do in retirement, there may be things you want to get rid of or let go of – that’s where the “chuck-it” list comes in. What goes on a chuck-it list? A chuck-it list can include items, concerns, or thoughts you’d like to let go of in retirement. Dare to be different: Forget the bucket list and make the chuck-it list.
Your Old Wardrobe
Maybe you’d like to free up closet space occupied by work clothes you won’t want to wear again. More comfortable clothes can replace neckties and high heels. Not only will you have more space, but you’ll save money when you reduce your dry cleaning. You don’t have to downsize to declutter, you simply have to decide what’s worth keeping and what isn’t.
The Worst Parts of Working
Once you retire, you can scrap the commute, the alarm clock, and office politics. While it can be good to keep some sort of routine in retirement, it certainly doesn’t have to be the same one you had while you were working. In retirement, you’re free to wake up whenever you want and free from navigating workplace protocols and rules. It also means having more time to spend with the people you love, rather than the people you just get along with.
Activities and Commitments You Don’t Love
There are plenty of things that could fill your time, even if work doesn’t. There could be novels you feel like you “should” read, people you “should” see, and destinations you “should” visit. But having more free time doesn’t mean that we must do all of these things. Everyone is free to make their retirement their own and focusing on the activities and people you love most can make for a better retirement.
We can take your lifestyle goals into account when creating a comprehensive retirement plan for you. At Cornerstone Wealth Management, we understand that everyone has different retirement goals and that retirement planning shouldn’t follow a one-size-fits-all approach.