Retirement often starts like a vacation. You’re all excited and eager to begin the journey. Each day represents the beginning of a new venture.
Until it doesn’t.
For some, it becomes a pleasant, reliable schedule. For others, it’s Bill Murray in Groundhog Day. The incessant repetition begs for something completely different. That’s why you’re better off going into retirement with a handful of casual hobbies. You can rotate between them to keep things different.
What if you want something more than just the pleasure of collecting things? What if you’d really like to build something? You can certainly volunteer for Habitat for Humanity, but, for many, building something doesn’t mean physical. It means something akin to building a business.
If you fall into that group, why not turn one of your hobbies into a “small” business.
"My broker at IMS is great... He's like another sales person for me. I've been a member for years because IMS has taken the time to understand my business, and taken the time to show me how I can best use them. People willing to take the time - you don't find that easily out there these days. I spend our trade on anything we spend cash on. For instance, accounting is a big one."