Retirement; like your parents, but way cooler
In 1991 Billy and Akaisha Kaderli retired at the age
of 38. Now, into their 4th decade of this
financially independent lifestyle, they invite you
to take advantage of their wisdom and experience.
Emotional Component of Retirement
Billy and Akaisha Kaderli
Having fun on a lancha,
crossing Lake Atitlan, Guatemala
Retirement is more of a process than one single event. We do not wake up on
our 65th birthday automatically retired.
Books abound on
set our finances in order and what percentages of
certain investments we need in order to prepare adequately.
This focus on
dollars and cents is necessary, but how do we measure motivation, purpose,
Integral but often overlooked
The emotional component of retirement is often omitted in constructing this
How do we communicate to our families that we want
something different out of life? If we've been the fiscal cushion for our
children (and perhaps now, grandchildren), to what extent do we modify that
in order to gain more mobility or
freedom? Do we maintain a household
because we have pets? Do we keep a
five bedroom home just in case the kids
want to visit? If we do end up selling the family dwelling, where will we
celebrate the holidays? And how much care will
our aging parents need?
Questions about balancing our responsibilities with
for a different life can set us back on our heels. It can be disorienting to find
a way to be productively engaged and develop a new identity -- one not
defined by our careers. Some people are not prepared for this change.
Service opportunities, civic involvement, or pursuing a lifelong passion can
offer us new ways of relating to the world, but sometimes the waters can be
A new concept of "retirement"
Boomers are healthier and more educated, active, and diverse in interests
than preceding generations. We also have more
and connect in fellowship. We're transforming the face of retirement in many
Our changing perspectives have spawned classes, coaching sessions, and
support groups all over the country. Community colleges, private foundations, alumni associations, civic leadership programs, and
online retirement forums are all places that offer guidance or programs
linking us with others of like mind. They can help us sort through our
clarify our visions, get us in touch with other resources, and
assist us in developing practical plans of action.
Exchanging ideas with
others can open us up to a new future.
This is a period in life where you are dealing with the unknown. But youíve
faced times of uncertainty before and survived... This is an excellent
point to remember.
Some friends of ours sold the accounting firm they ran for decades and
bought a ranch. They now raise horses and grow grapes to make their own
wine. At the local farmers' market, you can see them selling their organic
vegetables and blue-ribbon boutique salsas. Friends like these can also be
The point we are trying to make is to view this time of your lives as an asset.
It isn't the winding down of your value. Rather itís a new episode of contribution
in your personal story. Dream, discover, and plan for the years ahead in
this truly exciting time of life.
Here are some suggestions on what you can do:
Make a list
of all the things you want to learn, places you want to visit, and hobbies
you want to pursue using your new found freedom.
Enumerate your strengths.
How can you be productive and contribute to the world or your neighborhood
imagining future possibilities with the help of your spouse and other family
members, if they are affected. Do you know how to entertain yourself? Or do
you prefer more structure?
Speak with others
along the retirement path and check community associations for
ideas, throwing all potential choices into the ring for consideration.
Explore your options.
Try on different hats.
Replace the emotion of fear with a sense of fun and
Itís not always achieving the ďmagic
numberĒ that creates a satisfying
retirement. There is a lot more to the equation than finance.
let anyone steal your dreams!
What's Your Number? - How much money do you need to retire?
About the Authors
Early Lifestyle appeals to a different
kind of person Ė the person who prizes their
independence, values their
time, and who doesnít want to mindlessly
follow the crowd.
Retire Early Lifestyle Blog
About Billy & Akaisha