Maury County Public Schools’ Post

In November 2024 it will be three years since I retired from a long career. My expectations of how those three decades would be remembered or appreciated, after significant growth and national firsts realized under my watch, have not become a reality. I had hoped to be treated the way I would have treated someone else in the same situation. It is now apparent that my expectations were too high. After all, this is business, not personal. Or should it be? Have other long-term employees struggled with their expectations vs reality after retirement as far as an ongoing ‘relationship’ with their former employer and coworkers? Perhaps this is a discussion that needs to be held between the retiree and HR to manage those expectations, ie “Yes, we appreciate your decades of hard work, but once you’re gone, you won’t hear from us again.“ Perhaps that type of recognition and respect has gone by the wayside. A bitter pill to swallow after all the times our career responsibilities left our loved ones waiting alone at home. Is there a right answer? I’d love to know your thoughts.

Learn some key people to speak with prior to retiring.

Do you dream of retiring early? Read this first. Download FT Edit to read for free.

Many people crave the thought of retiring, but as well as having enough in your pots for the income and lifestyle you’d like, you need to plan out how you’re going to occupy yourself. Otherwise you’ll be potentially very bored and unstimulated. At the other end of the scale, you could very quickly mentally and physically decline, and pephaps worse, way before your time. This is where ‘unretiring’ comes into play! So here’s a useful checklist of what to consider, before, during and for after. Basically, you could fall into a tax trap, plus be severely limited as to what you can pay into a pension. Whether you wish or need to retire, unretire, partially retire, do voluntary work etc, you need to think through your plans, realistically cost them, plus ensure you’ve got enough capital and income, to last you potentially many years, whilst still at least keeping pace with inflation. This is all where I come in! To discuss your options via a without commitment complimentary initial consultation, get in touch!

From second careers to side jobs during retirement, NYSDOL can help older workers identify jobs that fit their skills, interests, and needs. Learn more about available job opportunities: https://lnkd.in/eukUrZTU

At what age are you planning on retiring?

Enjoy a short retirement

How make most of your corpus using SWP when you retire.

𝐃𝐢𝐝 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰 𝐭𝐡𝐞𝐬𝐞 3 𝐫𝐞𝐚𝐬𝐨𝐧𝐬 𝐰𝐡𝐲 𝐓𝐞𝐱𝐚𝐬 𝐢𝐬 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐞𝐝 𝐚𝐧 𝐚𝐭𝐭𝐫𝐚𝐜𝐭𝐢𝐯𝐞 𝐩𝐥𝐚𝐜𝐞 𝐭𝐨 𝐫𝐞𝐭𝐢𝐫𝐞? 1. 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞: With no state income tax and a lower cost of living, Texas offers financial relief and allows retirees to maximize their savings. 2. 𝐀𝐟𝐟𝐨𝐫𝐝𝐚𝐛𝐢𝐥𝐢𝐭𝐲: A lower cost of living compared to other retirement destinations ensures retirees can maintain their lifestyle without financial strain. 3. 𝐐𝐮𝐚𝐥𝐢𝐭𝐲 𝐨𝐟 𝐋𝐢𝐟𝐞: Access to top-notch healthcare facilities and job markets makes Texas an ideal choice for retirees seeking both medical security and potential second-career opportunities. #bestplacetoretire #texas #retirementplanning #congruent #retirementnuggets