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.
Reflections on Retirement
Retirement is not static. It's an energizing goal, but not the end of the road.
No one knows what the future will bring, and no matter how much one prepares,
there is always the unexpected lurking around the corner. Having a respectable
nest egg or proper insurances in place can aid us in times of personal change.
But some events are beyond our control.
At the age of 70, we are
entering our 33rd year of retirement. Reflecting on
these eventful years, the adjustments we have passed through are sweeping. It is
important to note that on on the day we retired, the S&P 500 Index closed at 312.49.
Financial indices rose, fell, and rose again. Will we
have to go back to work? Will our nest egg hold? What is our fiscal
tolerance level on this issue? How long will this bear market continue?
Just as life has its ups and downs, so do investments. As you can see
from the graph of the S&P 500, these were very real and practical
questions to be asking:
Money is central to retirement, but we cannot
overlook the power of emotional factors to knock us off course. Parents
were lost to illness and we watched nieces and nephews leaving the nest.
New marriages in our family took place. Creative and personal challenges
that could never have been predicted caused us to grow on an individual
level, strengthening us as a couple, and refreshed our connection to the
Leaving our jobs behind gave us new opportunities to interface with the
world. Invigorating our self descriptions, we no longer had to fit into
a career title.
Sometimes that was exhilarating, other times befuddling.
However, not once over the last very satisfying 32 years have we regretted taking
the leap. In some respects, retirement has proven to be more exuberant
than the life we led while holding down prestigious careers! Who would
As in any time of
your life, there are challenges and trade-offs. In our experience, it
has not proven useful to recede into fear or exaggerated 'what if'
scenarios. The stunning loss of a spouse, or a hurricane blasting its way through seeming retirement safety could not
have been prevented. These are the times we must look to other sources
Allowing friends to help us is a transforming experience. Reaching deep
inside to find our internal capacity to recover, or make needed changes
is not something money can buy. There is no policy we can purchase to
guarantee life will cooperate with us.
How will you know if you are ready for retirement? Are there some
often-referred-to guidelines you can trust for the answers? Is it only a
matter of money or simply a matter of faith?
It is prudent to plan your retirement having financial bases reasonably
covered. Simultaneously, it
is wise to look at other areas in your life that offer wealth. An
investment in your personal edification is fertile and will surely be
productive. Effort towards strengthening friendships will reward both
sides. Know what your city or town offers in terms of community, and
entertain the option of volunteering, providing your input or
Although there are no guarantees in life, there is nothing that can take
the place of full engagement in your own retirement. So if markets fall,
or unforeseen events rattle your foundation, you will have spent the
time fortifying your friendships and vitalizing the link to your own
personal creative genius.
About the Authors
Billy and Akaisha Kaderli are
recognized retirement experts and internationally published authors on
topics of finance, medical tourism and world travel. With the wealth of
information they share on their award winning website RetireEarlyLifestyle.com,
they have been helping people achieve their own retirement dreams since
1991. They wrote the popular books, The
Adventurer’s Guide to Early Retirement and Your
Retirement Dream IS Possible available on their website
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