Preparing for the ultimate break-retirement

Andrew Leung
3 min readFeb 26, 2024
Photo by Nadine Shaabana on Unsplash

Retirement is a major life event often marked with the end of your working days. Although today retirement age has been pushed to an older age and there are more people than ever continuing to work into their retirement. But retirement is more than just about having money to fund your days without work. Its a life changing event that shatters your previous paradigms of life, after all work encompassed up to half your working hours for the majority of your life. When you look at your own life working, makes up over 80% of the your time. You spend 12–14 years in school, but those are only for 9 months not including holidays each of those years. If you go to college it could add 4–12 years depending on how you pursue higher education, but you will have likely started working by the time you are in high school. As an adult your main source of income comes from a job or business that you operate. This will take the majority of your time. So when you stop that main hustle 12–14 hours of your day are now freed.

Retirement is a financial destination as much as it is a literal life event. So your preparation is 2 fold. The first step of course is saving and investing for that those days. There are many resources people use from retirement accounts, pensions, and their own investments. This takes time and diligence to build. But the second step is more challenging, what do you do with all of that time. Some it could be marked with health challenges and lower levels of energy. What you want to avoid is being lonely and not having anything to look forward to. Time with family and friends is valuable but its not always going to be accessible as others have their own obligations. Your health is always going to be something that you need to be aware of.

But the reality is that retirement’s greatest struggle is how to fill our time. Its the least examined part. Theres only so long you can travel, and so many shows you can watch. How do you want to spend your time and who do you want to spend it with? If there are things you can do to make it easier to continue those activities for a long time, start working on preventive care. Sometimes you may run into the situation where you save too much for retirement. Every trip is going to happen after you retire or your going to do everything you love once you are retired. But just as you had too much time to fill, now you don’t have enough time for everything. So do what you love now and keep doing it. Allocate enough time to make sure there is enough for every activity.

In the end, retirement isn’t about a state of life. Its about a culmination of life and transition. Its going to be a major change, and just as you have with each previous stage of life you adapt to it. But to get the most out of your retirement start those adaptations and preparations early so that you can make the most of every year.

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Andrew Leung

I will be sharing the plain and honest: truths, pros and cons as well as my experiences of Personal Finance, Side Hustles, and Investing.