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How To Plan For Retirement With Confidence

Retirement is so exciting but it can be very stressful and scary too. Even if you don't have millions in the bank, you can plan retirement with confidence.
Photo by Aaron Burden on Unsplash

You’ve worked half of your life for someone else and your a few years away from retirement. Or at least when you had planned to be retired. But your bank account and your debts are telling you the opposite. 

Your friends around you seem to have it all together and appear to be able to retire before they even hit 60.

The shame and regret are starting to settle in. You talked relentlessly about the fact that you were no longer going to be stuck in a 9-5 job. 

And now you see that there is no way you’ll be able to live up to that dream.

Every time you think of it, your throat clogs up, and you have a hard time swallowing. You don’t want to hang out with your regular crowd that has it all together. You’re getting depressed, and that may lead to more destructive behavior.

Retirement is Beautiful, Wonderful, and Scary. 

But shame doesn’t have to be part of it even if you’re still in debt. Or if you do, you’ll be the poor house for the rest of your life.

Retirement is sold that it’s the time to travel and have fun. Of course, this all depends on you.

You Can Have it All

Even with a debt up to your ears, you can get out of the 9-5 job, you just have to be more strategic. But being ashamed isn’t the answer.

The first thing that you should do is change your negative mindset. It keeps you in the same situation over and over again.

Stop the stories in your mind and change them to serve you instead. You can do and be anything you imagine yourself to be. Click To Tweet

To grow your life to make it more joyful and less stress-free, you need to stop the stories in your head. Because they are just stories that you have been told or created in your head.

Let’s Look at a Common Story

I’ll never be able to retire at this rate.

Why? Is that really true? Because at some point you’ll have to. I hear people say they will be bringing their oxygen tank to work with them. 

Is that realistic? Will you’re employer really want you sitting there with your oxygen tank next to you waiting for you to drop dead at your desk?

Start by believing that it will actually happen. Concentrate on thoughts that will defuse that story.

Try These Thoughts

  • I am more than capable of retiring at the age of 62.(Or younger if you want.)
  • I will retire at 62.
  • Who says I can’t retire? 
  • I’ll work hard to figure out how to retire in a few years.
  • I can do this and I will.

Once you have yourself pumped up for it and getting the worry out of your head, start to attract your retirement.

What will you do so that you can retire? Will you stop spending money on that morning coffee at the coffee shop and instead make your own coffee? Will you skip the weekly lunch date and pack your lunch instead?

There are ways to cut cost, so you don’t have to feel deprived because you are doing this for a good reason.

And money isn’t everything. Some people that have a great retirement without living large. But they are still happy.

Now I don’t want you to live like you have to be deprived. Do what you have to do now so the retirement you desire, can be obtained. Even if you are almost there. 

Maybe get another job.

Mindset and retirement planning goes hand and hand. If you feel ashamed and deprived because it didn't work the way you wanted it to, try this idea.
Change Your Mindset On Retirement

Or maybe you are so sick of the job you have now, that you’d like to do something else to bring in a little extra money. Start on it now. Start making a plan. And while you are still working, you can get your side hustle going. This side hustle could actually be more than that.

You’ll not only retire, but you’re living the life that you really want at this age. And now that you don’t have children to raise, it’s the perfect time to live as you wish. To try new things and build that business that you didn’t even know that you wanted.

Live Like You Have The Life You Want

Even if you are a few years away from retirement, start to act as if you are already there. This will take a bit of brain tricking. Once your brain sees and believes that this is where you’re going, you’ll see how things will start to happen. It won’t be so scary and daunting that you’ll be working for the rest of your life.

Make this the time where you live what has been in your hearts for years. That you buried for years because you didn’t believe that it could actually be possible. Now is the time that you put your energy into. If not now, then when? 

Why would you want to go to your grave still not satisfied in life? You are here to make an impact on the world and others. Once you hit the 50-year mark, it’s a new opportunity to pursue your dreams. Your past life has been preparing you for this. You’ve lived a life of learning and molding yourself.

I truly believe at this stage of life, things in your life have changed, and your life is your own again. So if you want to retire, and that has been your dream for a while now, do it. Pick a date and start to live it like it’s a given. Like there is no question, it’s happening.

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Now Add The Action

Tweak your life to make it a possibility. Cut back on your spending. Save. Stop putting your money in things that don’t matter to you. Stop following what others do. Decide what is most important in your life right now and keep those things. There are probably a lot of things that you can let go of.

Hold what’s dear to your heart, keep your loved ones close, and give your heart what it desires. You owe this to yourself.

I hope this helped you. Tell me what else I can do to help you.

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