Archive for Working//volunteering
Whether by choice or because of circumstances, early retirement poses some challenges. This article, “Want To Retire Early? 5 Challenges To Overcome” by Erik Carter at Forbes, looks at the financial aspects. Primary is that you must save more and earlier. Even if you did, you won’t have access to retirement funds without penalty until later and spending too much too early can affect how long your funds last.
Retiring to an RV can be a cheaper way to live but still things happen like repairs or replacement of your RV. And you need to consider what you will do if you decide to get off the road. In our book, Retire to an RV: The Roadmap to Affordable Retirement, we discuss some low-cost options. And, many early retirees, as well as those who retire at full retirement age, choose to work or volunteer to minimize the amounts they withdraw from their other sources of money. And there are many options there too.
Don’t let these articles scare you. Take any advice that seems to apply or you can implement. If you have lost a job and have few prospects of one that pays the same, you won’t have the option to save more no matter where you live. Deal with it in a rational way in the best way you can. Retiring to an RV could allow you to travel, have adventures on your bucket list in spite of a reduce income. It’s something to consider! Jaimie Hall Bruzenak
Lyle Ruterbories is 93 years old and thinking of retiring from his seasonal ranger position that he has held at Glacier National Park for 20 years! According to the Spokesman-Review, he was a volunteer campground host prior to that with his wife of 65 years. Now that is inspiring!
The rangers at Glacier praised his hard work. It just goes to show you that even at an advanced age, you can contribute valuable service. Ruterbories has done a lot of travel but isn’t finished with that yet. He has plans for more.
Hats off to Lyle Ruterbories! Jaimie Hall Bruzenak
A USAToday.com article notes that while many people plan to work after retirement, only a small percentage to. Between 60 and 80 percent say they will work but only about 18 percent actually do. The main reasons are age discrimination or health reasons.
If you will need more money, financial planners and life coaches offer advice to ease the transition. Plan ahead. If you’ll need new skills, you’ll have time to acquire them. Develop a hobby into something that makes money. Again, getting started before retirement is key. Another option is to stay in your old job longer and perhaps at reduced capacity; it’s easier than finding a new employer. And, lastly, be prepared to earn less money.
Retiring to an RV could be a good solution. Most jobs on the road are for less pay but you can also reduce your expenses plus control your expenses in several areas. Even volunteering will usually get you a free RV site and maybe free propane or other perks. Many Workamping jobs come with a site though you may need to work some hours in exchange for it.
You can find out more about the RV lifestyle and reducing your spending in Retire to an RV The Roadmap to Affordable Retirement. Jaimie Hall Bruzenak
In a MarketWatch.com blog, Dennis Miller cites the Allianz survey that found that 61 percent of adults 45-75 feared running out of money in retirement more than dying. Dennis comments:
“My real problem with the Allianz survey is that I want to live until I die. I want to enjoy life while I’m here. I worked my tail off for many years to accumulate a nice nest egg. I’ve earned more than a few low-stress, worry-free golden years.”
Miller goes on to say, that a post-retirement job just might be in your future. It could be fun – or at least laid back – and help alleviate financial worries. He lists several criteria.
Retiring to an RV can not only reduce your outflow of cash, but can provide interesting and fun jobs or volunteer gigs to do as you travel. RVers work at Disney World, Adventureland, Dollywood and other parks as well as work or volunteer at national parks, in RV parks and so many more. You can get more information in Support Your RV Lifestyle!
Enjoy your golden years! Jaimie Hall Bruzenak