He mentioned that he would like to do more research and possibly lecture. Neither of these issues is being addressed at the present time. His health is good, although these days one never knows what is around the corner. My main message to him in our short conversation was that he needed to develop a transition from career to retirement that works for him and helps him achieve his goals.
Everyone is different of course and has a variety of interests. Whatever you would like to do in retirement should be carefully thought about and then a plan developed to help you get there.
In the doctor’s case he would like to do research and lecture. This is his goal for the time he retires. Note that this is, in addition, to travel, spend time with the family, etc. Now that he knows what his goal is, the next step is to map out a step by step plan that takes him in the direction he wants to go.
Perhaps he would benefit from attending school and training. Maybe getting involved with a research group, finding sponsors for the type of research that he wants to do. Once he has done some of this research there is no doubt he will be asked to guest lecture from time to time. There are a lot more details to be worked out but hopefully, you get the message, start now and plan.
Establish a goal for when you want to retire in terms of what you would like to do and then set up a plan to achieve this goal. If it is a worthy goal, you will have to be prepared to work hard to achieve it.
Bad debt will not just disappear. You have to take some specific action in your…
When couples retire together there are many issues they have to figure out how to…
Many retirees assume that life will be grand after they retire. They will have lots…
Consumers love to talk about the stocks that have increased in value exponentially. Very few…
Before we answer the question, how do I avoid probate, we should really define what…
Credit utilization is a relatively new term that was initiated because many consumers were being…