My ideal retirement is chilling in a ranch somewhere with all kinds of farming animals, crops etc
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Siri ni pesa na afya tuu and then rolling with the punches juu life haina formula.
If you take care of your health and the bag, 85% of your problems are solved. It’s not perfect, but 85% is good enough for anyone.
One last thing unafaa ujue, interests evolve. What you desire right now may be totally different from what you desired 8 years ago and what you will desire in 2030. Ndio maana huwa pointless kujaribu kupredict an ideal future.
Personally, all I know is that my ideal future will require health and money. I don’t try to predict the details because I don’t know what I will be interested in at that time.
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Many people in Kenya die within 10 years after retirement. Don’t waste time preparing too much because on average, you have very little life left after retirement, if you reach retirement age in the first place. Make your life better now, retirement may never come
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Retirement is a serious matter and one should handle the decision towards one with care.
In Vumbinista, most folks have Jua Kali opinions about this subject and hence they tend to underestimate the repercussions the subject comes with.
There are actually 3 different types of retirement:
[ul]
[li]Traditional retirement[/li][li]Semi-retirement[/li][li]Temporary retirement[/li][/ul]
There are some important differences between each type, especially when it comes to your expectations and the planning requirements you’ll need to meet.
[SIZE=6]What is Traditional Retirement?[/SIZE]
Traditional retirement is what most often pops into people’s heads when they think about the word. It pretty much does what it says on the tin: you hit a certain age, around 65 or so, and you stop working permanently. No part-time work anywhere, no returning to work full-time after a few years – just you and your free time, together at last.
Instead of earning a living from a job or a career, anyone who enters traditional retirement receives monthly Social Security payments, which they earned by working all those decades. This income, combined with any retirement savings you’ve accrued, is what you use to afford all the fun things you do during retirement, from fine dining and travel to spoiling the grandkids with holiday and birthday presents.
[SIZE=6]What is Semi-Retirement?[/SIZE]
Semi-retirement is a bit different. The timing is still consistent in that you can go into semi-retirement after you reach a certain age, but instead of no longer working at all, you continue to work in some capacity, usually part-time. This can mean anything from stepping down from your previous role at your place of employment and becoming a consultant, or changing careers completely to do something you may feel is more fun or meaningful or just not what you’ve been doing.
This type of retirement is a great way to supplement your retirement income while also remaining active. For anyone who needs to keep moving around every day or who needs to feel like they have a purpose and a role, semi-retirement often helps with this. Semi-retirement also gives you the option of transitioning to full traditional retirement once you feel you’re physically, mentally, and financially prepared to do so.
Many worry that they aren’t ready to completely cut off their working lives, and the interaction with peers that provide. Semi-retirement lets you find time to relax and enjoy your own time, while still being tethered to the working world in some capacity. This is my personal favorite.
[SIZE=6]Temporary Retirement[/SIZE]
In many ways, temporary retirement combines the benefits of both traditional retirement and semi-retirement. It’s characterized by working one career for a period of time, retiring from that career for any number of months or years, and then returning to the workforce. It’s a unique approach to retirement to be sure, but it’s not unheard of. As long as you can afford to take long stretches of time away from work, it can be quite rewarding.
Temporary retirement offers the flexibility to change careers or pick up where you left off, though this approach does take some pretty advanced financial planning. Smart retirement savings and building passive income streams, such as renting real estate properties to tenants, help support people interested in temporary retirement – though the same can be said for any type of retirement as well!
following…
To add onto what @Azor Ahai has said about interest evolution, there’s a book called “Stumbling on Happiness” by Daniel Gilbert.
Basically as humans we try to imagine the future but imagination has so many gaps. You can ask someone “How will you feel after team yako ishinde next week”. Most people will say happy. But kwa ground kumbe kuna story zingine which will affect you so you won’t be as happy as you think. Anyway, point is it’s easier to predict how you’ll be in future by asking someone in that situation currently. If you ask a 40yr old how it feels to be single at that age, you’ll get a more accurate answer than you trying to imagine how it will be like. We all think we’re special but we’re similar.
So hii swali ka kuna recently retired elder ama elder about to retire I hope acontribute
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One time you were saying your retirement plan involves living in an apartment kwa concrete jungle. Nilikushangaa sana. After 50yrs of chasing money in hectic working conditions then after after retirement bado unarudi kwa public staircase?
@OP, mine has already taken shape pale Endebess. Mbaruhyas have done a great job ring-fencing it with pines. Build up areas tutakua tunaenda after two weeks for shopping only, the rest tunakuza wenyewe
My retirement plan is to remain as active as possible. Once you become dormant, you will surely die. Also, money is a good thing to have usiishi kama mnyama :D:D:D
Hebu leta evidence of me saying this juu nimenotice nowadays mna verbal diarrhea ovyo ovyo accusing me of shiet I didn’t say.
It’s very difficult to predict what the world will look like 30-40 years from now. Events are unfolding fast, everyday records are being shuttered and not good ones. The possibility of a civilization-ending black swan event has never been higher than now.
If you plan on building rentals for instance, who’s to say as things get tougher there won’t be a communist uprising and people just decide to take over what belongs to you? We all saw the seeds of that behavior sprout in Northlands, Ruiru. In 30-40 years time, it will be the norm. The same can be said for any business enterprise which has goods in it that can be looted at will. The situation is not looking good at all. The stock market is not fool proof either so what else is left? I think the vast majority of people should expect to work in some capacity, until they keel over and die, except if you’re a politician dictator/tyrant and members of his close circle. Ngl, my ultimate retirement plan is the apocalypse because nothing else makes sense. This whole world just needs a fresh reset.
Don’t you get tired of your BS?
Pale casino still paying fixed price
I have an investment paying 79k per month, tax free for the next 14 years
I hate the thought that I will grow old. Nikue kamzae fulani…:mad:
Buy a casket. Bure kabisa Ngombe ici
You’ve watched too many movies.
This world isn’t changing anytime soon.
By not having children and saving enough money to aid in assisted living when I can no longer wipe my own ass that is if alcohol and drugs will not have killed me by then. Growing old is a curse maze. For now ni kuenjoy life kabisa.
Rentals
Long-term crops
Ranch life in a secluded area was, is forever my retirement home. A place containing majority of domesticated animals including fish, cereals crops, tuber crops, sugar producing crop(;stevia), oil & wine producing crop( palms & sunflower), assorted fruit trees, fodder, hay and silage, ornamental trees and and flowers, weed…
In short, i produce 99% of what i consume. Supermarket ni kununua kiberiti, chumvi, na toiletries pekee.