Will you be up with the sun as usual or do you intend to relax with a cup of coffee and the news? If you’re like most business owners, these are some of the questions that keep you up at night while you are contemplating retirement.
You have most likely spent 50-90 hours per week, every week, during your career getting the company up and running and working to keep it running. Now is the time to look up, look around, and contemplate how you want to spend the rest of your life.
This isn’t just about how to spend your time. This is about how to live fully in the life you have. Work-life balance has probably mostly been work. Now is the time to see that work-life balance is really all about life. Time at work and time away from work have to co-exist.
What passions do you have? Is it travel? Is it industry advocacy? Is it family time? A good way to prepare for the additional time available to spend on your retirement endeavors is to give it a test drive before you retire. Do you really want to spend weeks traveling or are you just in love with the idea of wanting to travel? Plan some trips and see how it goes. If you love it, then keep doing it. If you don’t, move on.
This is Part 4 of a 15-Part Series
Topics Covered in the Series Include:
- Integrating Other People and Processes
- Issues Specific to Contractors
- When is it Too Late to Start My Retirement
- The Construction Retirement Masterpiece
- Success & Risk
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