Find a Good Reason

September 16, 2008
Physician's Money Digest, January31 2003, Volume 10, Issue 2

Washington Post

How to Retire Happy

To retire or not to retire, that is the question. Most people mistakenly view retirement as a single event; it is a continuous process. Stan Hinden, retired columnist and author of (McGraw-Hill; 2000), lists 3 good reasons for retiring along with 3 good reasons for not retiring.

Good reasons for retiring:

  • The time is right and you feel you will be in a position to be mentally and physically active and in close contact with other people.
  • Your job is changing and you don't like the changes or you do not feel like working for someone you do not respect.

Good reasons for not retiring:

  • You like working. When I interview prospective clients, I usually ask them how they like their work and to rate it from 1 to 10, with 10 being the highest. Frequently, I get responses of 9 to 10. These people love their jobs and if they did not need the money, they would almost work for no pay. If this is the case, why retire? Continue doing what you love.
  • You don't have anything else you'd rather do.