First, I like this article Smoking Is My Retirement Plan. Needless to say smoking is not part of my retirement plan.
And here is a short article about about a retirement study done in Australia that won't be a big surprise to either you or me. It is about how to retire happy with money or without much money.
The last part of the article states.
"While your financial assets are a good predictor of your retirement well-being, it's worth noting that as many retirees say that they have 'just enough' to live on with an annual income of $7,800 as they do with $130,000. So it's not just how much you have, but how you want or expect to live."
Of course, I have said the same in my two retirement books, only in different words.
Incidentally I was searching on Google for a great unsolicited review of How to Retire Happy, Wild, and Free on Quintessential Careers that I was aware of. I typed in my other best-selling book The Joy of Not Working by mistake.
I came across this review of The Joy of Not Working that I was not aware of.
Of course, my retirement plan entails selling 500,000 copies of How to Retire Happy, Wild, and Free which has now sold around 165,000 copies (over 300,000 copies as of August 15, 2016).
Here are some quotations about retirement to help your retirement plan and my retirement plan:
"Shun anything — shares, property, or the latest hot trend — with recent sharp appreciation. Bubbles burst. Wait until prices fall and then stabilize. Never buy in a market that is rising or falling fast. In the short term, stick to safe investments, even if you can only get 5 percent."
— Richard Koch
"The things that are most precious to the human soul are those that are beyond price — integrity, true friendship, health, achievement, reputation, true courage, great character, gratitude, greatness, emotional stability, common sense, self-esteem, creativity, wisdom, spiritual fulfillment, and peace of mind. These can’t be rented, bought, or sold — regardless of how much money you acquire."
— from Look Ma, Life's Easy
"Smoking is no retirement plan. Instead, it’s a death on the installment plan — with higher and higher payments. You’ll pay fiscally, mentally, socially — and physically. And most times the payments will go on for as long as you’re alive."
— Matthew J. Edlund, M.D
"If you want the best retirement outcome possible, get rich. If that fails, consider getting married, staying married — and doing your best to die before your spouse does."
— Andrea Coombes
"Re-retirement martinis tonight. Sad to be saying adios to such wonderful people, but happy to be thinking about my own stuff instead of other people's stuff. That, my friends is the definition of retirement."
— Sydney Lagier
"Today, every prosperous retired person who does not work in some retirement job has a grand scheme that does work."
— Dave Erhard
"You are the author of your own life, and you — and only you — can create the financial conditions for the ideal early retirement."
— Anon financial advisor
"If I would have known that retirement was going to be this great, I would have never have got myself a job after I graduated from school!"
— Unknown wise person
"Can I retire? The answer is obviously "no" if I am asking myself this question."
— Dave Erhard
"No one should rely on their home equity as a source of money for retirement. Home equity should be considered emergency money. I paid my home off 8 years prior to retirement and banked the mortgage payments for 8 years. Retirement plans must include worst case scenarios, a set amount you will need to retire. You should start living as though you retired a couple of years before you retire, to ensure that you can meet your monthly expenses. No one said retirement is going to be easy and no one should take for granted that it is going to be."
— "Popog", Alias for a person posting a comment on a USA TODAY article
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