I retired 2 yrs. ago, & had only been retired 2 mo.'s when one of the former company I had worked for, called & asked me to do some consulting work for them. Needless to say I came out of retirement. Since then, I have been contacted by several other company's wanting me to do work for them. They are all paying top dollar. My only question is, where were they 10 or 15 yrs. earlier.

Oh, & by the way, there are a lot of good paying jobs out their. The only reason they brought me back is, because there is not a younger generation coming up to do the work. Truth be known, my personal openion is, the younger generation does not want to get their hand's dirty.

I'll quit now before I get on my soap box.

The biggest take-away , for me, was that persons might really need coaching at this level.

If you do;

Look for an individual that you trust; that comes with a proven track record and results over time from someone's opinion you trust and respect. 

If this web-article was needed, then there is a huge opportunity out there, and my fear is it gets filled by very unscrupulous individuals ....

T

I've been retired since mid '95 and have maintained my economic status and actually gained somewhat.  The biggest items you have to deal with are 1) governmental spending at every level and the taxes these result in and, 2) the inaccuracy of the CPI and any income adjustments made using that number. For the former, if you attend township, city council, school board, etc. meetings, be prepared to hear the expression, "If you can't afford to live here, you should move".  Do your best to ignore the fools.  For the price increases, the only solution is to recognize that they will likely be closer to twice the quoted values.  Plan for it!

Basically, keep your investments conservative,  do not rely too much on financial advisors; you are the one responsible and many times they are no better than the proverbial dart board,  and watch your expenditures.  Is that new car, trailer, camera, etc. really wise?  Do you need that vacation home?

Retirement can be a struggle---costs ever increasing and with more time to do things their can

be more "wants" for cash to do so.  Budget! and be disciplined!  Even tho our own Senate (Reid)

won't produce a budget...required by law....it's the best way to evaluate & stay on target for any household--(retired or not!).  Another good bet for good mental health AND  the added benefit of a

little more income is to work part-time....or on a temporary assignment job.  Both provide self

satisfaction of earning...plus the benefits of being part of a productive workforce which increases income, even if it's a small amount.  These tips are being shared from someone who has "been

there" for awhile and has learned some things the hard way.  YES WE CAN!  But it can remain

challenging!  (which meeting challenges is probably a good thing, overall). 

With best wishes to each of you who may be considering your retirement possibilities or are already part of us millions.  Reminder, too---always keep abreast of what our Government is up to--because much of Fed. spending and our economy ups and downs severally impact the

retired populus.    (these tips from someone in Texas....a truly GREAT state) :)