Face and accept the reality of getting old, its consequences, and the limitations which growing old brings. Quit fooling yourself by trying to look like you were in your youth.
2. Move on
Focus on enjoying people and not on indulging in/or accumulating material things. Enjoy life and meet new people. Do the things you have always wanted to do but was unable to do so. Follow your dream and your heartsí desire.
3. Plan to spend whatever you have saved
You deserve to enjoy it and the few healthy years you have left. Travel if you can afford it. Donít leave anything for your children or loved ones to quarrel about. By leaving anything, you may cause even more trouble when you are gone.
4. Live in the present
Live in the here and now, not in the yesterdays and tomorrows. It is only today that you can handle. Yesterday is gone, tomorrow may not even happen.
5. Spoil your grandchildren
Enjoy and spoil your grandchildren (if you are blessed with any) but donít be their full-time baby sitter. You have no moral obligation to take care of them. Donít have any guilt feelings about refusing to babysit anyoneís kids, including your own grandkids. Your parental obligation is to your children. After you have raised them into responsible adults, your duties of childrearing and babysitting are finished. Let your children raise their own offspring.
6. Accept your health
Enjoy whatever your health can allow. Accept your physical weakness, sickness, limitations and other physical pains. It is a part of the ageing process.
Enjoy what you are and what you have right now. Stop working hard for what you do not have. If you do not have them, itís probably too late.
8. Love yourself
Accept yourself for what and who you are. People, who truly love you, love you for yourself and not for what you have or for what you can give them. Anyone who loves you for what you have will just give you misery.
9. Forgive and forget
Forgive and forget all those who have wronged you. Forgive yourself and others. Forget the slights, hurts, and misfortunes of yesterday. Look towards the future. Enjoy peace of mind and soul.
10. Befriend death
Donít be afraid of death. Itís a natural part of the cycle of life. Death is the beginning of a new and better life. So, prepare yourself not for death but for a new life.
So what is the problem?
The sad truth is that it
is easier said than done especially for point 7.
This is because many of the over-50s are still struggling to make ends meet.
Most of us can no longer depend on our active and uncertain income from our jobs unless we are able to set aside a minimum of hundreds of thousands of $ in addition to a fully paid home for our retirement years.
And what can be the solution?
The solution lies in pipeline income generation. We need to prepare ourselves for the days when we can stop working but still be paid from the pipelines of income that we have built earlier.
"There is no passion to
be found in playing small - in settling for a life that is less than what you
are capable of living."
- Nelson Mandela.
You are welcome to join us in building your very own pipelines with Fxprimus and with Atomy.
Please click on:
For the Consumers
Do share this with your loved ones. It's never too young to prepare for our retirements.