4
Retirement Survival Guide presented by
Retirement Survival Guide
Leave a legacy“Leave a positive legacy by giving the gift of your time, knowledge, wisdom or money to local schools, community centers, charitable organizations, [churches] that are close to your heart.” (1)
• Use your gifts and skills to give back to your church or community.
• Write about or teach others what you know.• Mentorpeopleinyoursphereofinfluence.• Startanonprofit.• Be a formidable prayer warrior.
Bucket List: Do what brings you joyYou now have the time to do the things you wished to get to during your working years! Take advantage of this opportunity!
Volunteer opportunities:• Hospitals: Good Samaritan and Kearney Regional• Theater: Crane River and Kearney Community• Your local church• Buffalo Bill/Golden Spike• Stuhr Museum• Classic Car Museum• Make A Wish FoundationGary Barth and Kristina Hoelting, Investment Advisor Representatives: Securities and Investment Advisory Services are offered solely through Ameritas Investment Corp. (AIC) Member FINRA/SIPC. AIC and Barth Financial are not affiliated. Additional products and services may be available through Gary Barth, Kristina Hoelting, or Barth Financial that are not offered through AIC. 2202 CENTRAL AVE. | STE. 8
KEARNEY, NE 68847
308.234.6502
FOR MORE INFORMATION:
www.barthfinancial.com
presented by
Resources1. https://aboutlife.com/blog/Retirement/12-Tips-To-Get-
Mentally-Ready-To-Retire2. h t t p s : / / w w w . u s a t o d a y . c o m / s t o r y / m o n e y /
personalfinance/2013/10/22/preparing-mentally-retirement/2885187/
3. http://www.investopedia.com/articles/retirement/07/sixstages.asp
4. h t t p : / / w w w . c n b c . c o m / 2 0 1 5 / 0 5 / 0 7 / a r e - y o u -emotionally-prepared-to-handle-retirement.html
5. http://www.nextavenue.org/how-to-prepare-yourself-mentally-for-retirement/
6. http://www.federalretirement.net/Site/images/report_physical_emotional_enduser.pdf
7. https://www.guidestoneretirement.org/AboutUs/Articles/PreparingforRetirement
8. https://www.fool.com/retirement/general/2015/07/19/are-you-emotionally-ready-for-retirement.aspx
9. https://www.pinterest.com/pin/15833036170726802/10. http://www.baylor.edu/ifl/christianreflection/
AgingStudyGuide6.pdf11. http://www.allaboutlifechallenges.org/retirement-
planning.htm12. https://www.gotquestions.org/retirement-Christian.
html13. https://tifwe.org/how-should-christians-think-about-
retirewment/14. h t tp ://www.chr i s t ianre t i rement . com/content .
asp?id=36839215. h t t p : / / m o n e y . u s n e w s . c o m / m o n e y / b l o g s / o n -
retirement/articles/2017-02-08/why-you-should-challenge-yourself-in-retirement?int=retirement-rec
How do I maintain my social life, relationships, and community engagement?Retiring changes how we spend our time, and therefore who we spend our time with. It’s important to continue to invest in relationships with others. Don’t let retirement isolate you!• Spend more time with family
and friends.• Intentionally maintain valued
relationships with those in your work life.
• Seek to deepen the relationships you have with friends and family
• Dote on your grandkids.• Meet new people by joining
groups focused on a hobby or activity you enjoy.
• Join a small group at church.• Negotiate new ground rules with
your spouse now that you’re spending more time at home; there may be some bumps in the road to smooth out.
• Join boards of organizations that match your passions.
• Be intentional about inviting someone to lunch once a week.
Time Management: Busy vs. Intentional“When you think in terms of a 40+ hour work week in addition to commute time, getting ready for work each day, etc., you suddenly have a wealth of available time during retirement.” (4)
“Even though our outer nature is wasting away, our inner nature is being renewed day by day (2 Cor 4:16). Spiritual growth is a more worthy goal for Christians in retirement than “staying busy” could ever be.” (10)
• Create a schedule that you enjoy.
• Get out of the house often.
• Make plans with friends.• Do things that bring you joy.• Serve in meaningful ways.• Volunteerplacesthataresignificanttoyou.• Get a part-time job doing something you love.
Financial ConsiderationsThe Go-Go Years: These are the most active and often the most expensive years of your retirement. You may spend more during these years, and that’s okay! Just make sure you have a healthy balance and don’t get too carried away.
The Slow-Go Years: In this phase it’s likely that your spending habits will decrease, travel is less frequent, and health care becomes a larger financial concern.
The No-Go Years: At this point typically you’ll spend the majority of your time at home, and may be living either with family or in a care facility. Health care has likely become one of the largest expenses.
The Final Act: Be sure to have resources available to your family for burial. If you’re able to leave an estate behind for your loved ones, have a clear plan in place for them.
“So what do you do?” is basic small talk- it’s an easy go-to question because everybody has work in common, and everybody can relate to the impact a job has on your life. Work claims at least 40 hours of your week, dictates when you vacation, facilitates many of your relationships, often determines where you live, and classifies you within society.Retirement is both the freedom from and the loss of all that. Most Americans spend their career with retirement dreams on the horizon, but as the big day draws near big questions arise, and it all boils down to, “Now what?” While we can’t hope to address every concern regarding retirement, we’d like to address some of the most common concerns and make some suggestions to help you not only survive but thrive in these golden years.
What is my purpose or identity in retirement?Retirement is more than leaving a job or even concluding a career. Retirement is an entirely new way of life. In the workforce, we have “an established life, an established routine, established relationships at work and established assumptions about ourselves and the world. When you leave all that to retire, you have to establish new routines, new relationships and a new way of seeing yourself and the world.”(2)
• Ask yourself: “What kinds of things give me meaning and purpose and bring me hope and joy?” (9)
• Develop a mission statement for your life in your retirement years; this can change over time.
• How is God working in your life? Follow where He is leading you through the retirement phase of your life.
• Remember, Christians never retire from serving the Lord. (12)
• Retirement can be a satisfying, pleasurable time of life, but these should not be the primary focus of one’s life at any age. (12)
• Focus on balancing just-for-fun activities and acts of service.
How do I maintain my physical and mental health? Research shows that both mental effort and physical exertion may keep your brain sharp longer than inactivity. (15) Challenge yourself to stay sharp!
Mental:• Learn something new, or reengage in something
you’ve gotten out of the habit of doing. For example, you could learn a new language, pick up an instrument, do craft projects, or take a class at your local college.
• Start a new hobby like photography, art, cars, or aviation.
• Travel.• Play difficult games such as complex puzzles and
high level Sudoku.
Physical:• Take up a new sport, or spend more time engaging in
a sport you already love.• Golf, tennis, racquetball, and pickleball are popular
choices.• Get outside. Spend time gardening, walking with
friends, walking the dog, or biking.• Set exercise goals that require effort. Run a 5K, hike
with your grandkids, take a class at the gym (pilates, yoga, etc), or swim.
Focus on balancing just-for-fun activities and acts
of service.
Retirement RobbersWatch out for “Retirement Robbers” that prevent you from enjoying retirement the way you planned. (5)
Nonprofits asking for too much time.
Adult children assuming your free time is designated to babysit (have balance and boundaries).
Procrastination - not prioritizing the plans you desire to make.
How do I maintain my social life, relationships, and community engagement?Retiring changes how we spend our time, and therefore who we spend our time with. It’s important to continue to invest in relationships with others. Don’t let retirement isolate you!• Spend more time with family
and friends.• Intentionally maintain valued
relationships with those in your work life.
• Seek to deepen the relationships you have with friends and family
• Dote on your grandkids.• Meet new people by joining
groups focused on a hobby or activity you enjoy.
• Join a small group at church.• Negotiate new ground rules with
your spouse now that you’re spending more time at home; there may be some bumps in the road to smooth out.
• Join boards of organizations that match your passions.
• Be intentional about inviting someone to lunch once a week.
Time Management: Busy vs. Intentional“When you think in terms of a 40+ hour work week in addition to commute time, getting ready for work each day, etc., you suddenly have a wealth of available time during retirement.” (4)
“Even though our outer nature is wasting away, our inner nature is being renewed day by day (2 Cor 4:16). Spiritual growth is a more worthy goal for Christians in retirement than “staying busy” could ever be.” (10)
• Create a schedule that you enjoy.
• Get out of the house often.
• Make plans with friends.• Do things that bring you joy.• Serve in meaningful ways.• Volunteerplacesthataresignificanttoyou.• Get a part-time job doing something you love.
Financial ConsiderationsThe Go-Go Years: These are the most active and often the most expensive years of your retirement. You may spend more during these years, and that’s okay! Just make sure you have a healthy balance and don’t get too carried away.
The Slow-Go Years: In this phase it’s likely that your spending habits will decrease, travel is less frequent, and health care becomes a larger financial concern.
The No-Go Years: At this point typically you’ll spend the majority of your time at home, and may be living either with family or in a care facility. Health care has likely become one of the largest expenses.
The Final Act: Be sure to have resources available to your family for burial. If you’re able to leave an estate behind for your loved ones, have a clear plan in place for them.
“So what do you do?” is basic small talk- it’s an easy go-to question because everybody has work in common, and everybody can relate to the impact a job has on your life. Work claims at least 40 hours of your week, dictates when you vacation, facilitates many of your relationships, often determines where you live, and classifies you within society.Retirement is both the freedom from and the loss of all that. Most Americans spend their career with retirement dreams on the horizon, but as the big day draws near big questions arise, and it all boils down to, “Now what?” While we can’t hope to address every concern regarding retirement, we’d like to address some of the most common concerns and make some suggestions to help you not only survive but thrive in these golden years.
What is my purpose or identity in retirement?Retirement is more than leaving a job or even concluding a career. Retirement is an entirely new way of life. In the workforce, we have “an established life, an established routine, established relationships at work and established assumptions about ourselves and the world. When you leave all that to retire, you have to establish new routines, new relationships and a new way of seeing yourself and the world.”(2)
• Ask yourself: “What kinds of things give me meaning and purpose and bring me hope and joy?” (9)
• Develop a mission statement for your life in your retirement years; this can change over time.
• How is God working in your life? Follow where He is leading you through the retirement phase of your life.
• Remember, Christians never retire from serving the Lord. (12)
• Retirement can be a satisfying, pleasurable time of life, but these should not be the primary focus of one’s life at any age. (12)
• Focus on balancing just-for-fun activities and acts of service.
How do I maintain my physical and mental health? Research shows that both mental effort and physical exertion may keep your brain sharp longer than inactivity. (15) Challenge yourself to stay sharp!
Mental:• Learn something new, or reengage in something
you’ve gotten out of the habit of doing. For example, you could learn a new language, pick up an instrument, do craft projects, or take a class at your local college.
• Start a new hobby like photography, art, cars, or aviation.
• Travel.• Play difficult games such as complex puzzles and
high level Sudoku.
Physical:• Take up a new sport, or spend more time engaging in
a sport you already love.• Golf, tennis, racquetball, and pickleball are popular
choices.• Get outside. Spend time gardening, walking with
friends, walking the dog, or biking.• Set exercise goals that require effort. Run a 5K, hike
with your grandkids, take a class at the gym (pilates, yoga, etc), or swim.
Focus on balancing just-for-fun activities and acts
of service.
Retirement RobbersWatch out for “Retirement Robbers” that prevent you from enjoying retirement the way you planned. (5)
Nonprofits asking for too much time.
Adult children assuming your free time is designated to babysit (have balance and boundaries).
Procrastination - not prioritizing the plans you desire to make.
Retirement Survival Guide
Leave a legacy“Leave a positive legacy by giving the gift of your time, knowledge, wisdom or money to local schools, community centers, charitable organizations, [churches] that are close to your heart.” (1)
• Use your gifts and skills to give back to your church or community.
• Write about or teach others what you know.• Mentorpeopleinyoursphereofinfluence.• Startanonprofit.• Be a formidable prayer warrior.
Bucket List: Do what brings you joyYou now have the time to do the things you wished to get to during your working years! Take advantage of this opportunity!
Volunteer opportunities:• Hospitals: Good Samaritan and Kearney Regional• Theater: Crane River and Kearney Community• Your local church• Buffalo Bill/Golden Spike• Stuhr Museum• Classic Car Museum• Make A Wish FoundationGary Barth and Kristina Hoelting, Investment Advisor Representatives: Securities and Investment Advisory Services are offered solely through Ameritas Investment Corp. (AIC) Member FINRA/SIPC. AIC and Barth Financial are not affiliated. Additional products and services may be available through Gary Barth, Kristina Hoelting, or Barth Financial that are not offered through AIC. 2202 CENTRAL AVE. | STE. 8
KEARNEY, NE 68847
308.234.6502
FOR MORE INFORMATION:
www.barthfinancial.com
presented by
Resources1. https://aboutlife.com/blog/Retirement/12-Tips-To-Get-
Mentally-Ready-To-Retire2. h t t p s : / / w w w . u s a t o d a y . c o m / s t o r y / m o n e y /
personalfinance/2013/10/22/preparing-mentally-retirement/2885187/
3. http://www.investopedia.com/articles/retirement/07/sixstages.asp
4. h t t p : / / w w w . c n b c . c o m / 2 0 1 5 / 0 5 / 0 7 / a r e - y o u -emotionally-prepared-to-handle-retirement.html
5. http://www.nextavenue.org/how-to-prepare-yourself-mentally-for-retirement/
6. http://www.federalretirement.net/Site/images/report_physical_emotional_enduser.pdf
7. https://www.guidestoneretirement.org/AboutUs/Articles/PreparingforRetirement
8. https://www.fool.com/retirement/general/2015/07/19/are-you-emotionally-ready-for-retirement.aspx
9. https://www.pinterest.com/pin/15833036170726802/10. http://www.baylor.edu/ifl/christianreflection/
AgingStudyGuide6.pdf11. http://www.allaboutlifechallenges.org/retirement-
planning.htm12. https://www.gotquestions.org/retirement-Christian.
html13. https://tifwe.org/how-should-christians-think-about-
retirewment/14. h t tp ://www.chr i s t ianre t i rement . com/content .
asp?id=36839215. h t t p : / / m o n e y . u s n e w s . c o m / m o n e y / b l o g s / o n -
retirement/articles/2017-02-08/why-you-should-challenge-yourself-in-retirement?int=retirement-rec
