Retirement is something we’ve traditionally longed for as a society throughout our working career. You know, that day we dream of where there will be no more alarm clocks, schedules or dreaded responsibilities of “work”.
As business owners we may not have the privilege of retiring at 65. And we shouldn’t want to!
Why would we invest 65 years of our life to possibly enjoy 10 or 20 years of the life we, if we’re fortunate enough, have left to live?
Why do we wait until we are 65 years old to begin to enjoy our lives? Why do wish away our precious years in search of some day that we can sleep in as late as we want to?
Where will you be at 65? Will you have the financial resources to do the things you want after retirement? Will you be as healthy as you are today? Will you be physically capable of doing the things you plan to do in retirement?
I’ve seen it time and time again. People will work until exhaustion daily for their entire life, wish the years away, awaiting for the day they can retire! Only to either be filled with boredom because they haven’t planned well financially and they don’t have the finances to do the activities they thought they would do or they suffer from physical challenges, illnesses, even death, and never get the opportunity to do what they had planned to do after retiring.
I challenge you to not retire but REWIRE. Time is of the essence and you don’t know how much time you have left to enjoy your life.
We must rewire our brains to understand that:
- Every minute we have here on this earth is a gift.
- You are the youngest you’re ever going to be right now.
- You cannot rely on social security to provide the lifestyle that you want.
- You have the ability to do the things you want to do today.
- You have the ability to create several income streams.
- Money is merely an idea backed by action.
- You are 100% responsible for the quality of your life.
Rewirement can be achieved in a few simple steps.
- Decide what lifestyle you would like to live. Be specific!
- List all of the things you would do, places you would go, people you would spend time with if time and money were endless.
- Determine how much monthly revenue you’ll need to generate to meet that lifestyle.
- Write down when you would like to have enough monthly recurring income that doesn’t require you to work.
- Brainstorm and list a few things you could do or create to generate that monthly recurring income.
- Build a plan to get there.
- Start today.
Okay I said the steps were simple. The work takes some effort. The reward is to live your life to the fullest.
Rewirement is living your life now! Stop putting off that dream vacation or cruise for retirement and take it this year. Take lots of vacations, even if they are day trips.
Put one thing from your retirement wish list on your calendar every month. Remember, you’re not promised another day. Today is the day to rewire and live the life you dream of living, while you’re still living!
Rewire:
- Live a fulfilled life
- Do the things you’ve dreamed of
- Create and drive your own financial success