Just having hit a significant milestone myself (70), I’m reminded of how important some milestones are in retirement. Milestones make you think about important life stages. But beyond that, government policy relies on age markers for when rules change or benefits kick in.
So, let’s look at the most important milestones, starting with the youngsters among our readers.
We all get to the point when our wages stop as our years of working come to an end. Maybe it’s ahead of you; maybe you’ve already gone through it.
It’s got to be one of the most significant and emotional moments that come with retirement. For years, your life has revolved around a steady income, a regular paypacket that arrives like clockwork, providing not just financial stability, but also a sense of security and identity. The moment that flow of income stops, a wave of uncertainty can wash over you, making it one of life’s most daunting milestones. Will I be Ok? is a question we often hear.
Many people want to supplement their income with a bit of paid work after retiring from full time work. So, we can think about working – after full time work– as the (optional) fifth pillar of retirement.