23 April 2022

Back To Work!

Retirement!
How many of us look forward to it... scrimp, save, juggling investments around to maximum benefit for that day we can "Hang up the wings" and relax and do only what we wanta do?
That was me.
I started investing in Mutual Funds in 1970. I was initially conservative with my money, then after researching I realized that the market was volatile and there was a way to take advantage of that volatility long-term.
So I did.

I was investing on my own. When IRA's, 403b's and 401k's became available to me I took full advantage of 'em.
And when my company offered me an ESOP I was excited. I watched as my "ownership" of the company grew and made me feel rich.
I began to feel really comfortable with what my life would be like in retirement.
And then the bottom fell out of the bucket.

The financial institution that had initially valued the assets of the company that we employees purchased suddenly realized they had NO expertise in valuing something like a helicopter.
And we employees owned 15 of 'em.
The valuation of the stock we employees owned suddenly dropped to 10% of the initial valuation.
I was no longer headed toward a millionaire retirement, but I was still gonna be okay.
And I am. My investments, coupled with my Social Security and ARMY pension make life in retirement...comfortable.
So retirement? It ain't horrible.
But...

I've been retired 9 years now. We've been traveling. When I reflect on the places we've been in the world I'm pretty amazed, actually.
It's been wonderful.
We've had the luxury of getting away from "The Great White North" during Winters, and that is something I've ALWAYS craved to do.
I've had the ability to buy and enjoy nice toys.
Still... retirement, as I had imagined it, has left a LOT to be desired.

My dream was that it would be all flowers, warm breezes, and all the Pina Coladas I could drink.
Much of that part of it has come true. But I forgot about "purpose".
In my job as EMS helicopter pilot I frequently was involved helping people often having the absolute WORST DAY of their lives.
And my part of that day... helping to make their lives better... was important. Many times my part of that day meant the difference between life or death.
I knew that while I was doing the job. What I did not realize was  how much I would miss that feeling of satisfaction when I retired.
So for nine years I have reflected on having what I felt might be the "best job I ever had", wondering what I might do to fill the void I was feeling.

I've found something that helps:
I took a job with our local "Meals on Wheels" organization delivering food to people in need. Several of the folks that receive our meals would go hungry for the day if we did not deliver the Noon meal.
For my work I am paid "minimum wage".
I don't care.
(Don't tell anyone, but I'd likely do it for no pay at all.)
I'm needed.
And that feeling is worth more than any dollar value.

Are you getting ready to retire?
How do you feel about your work?
Let's talk about what happens to your life when you're spending a lot of time in a recliner, pressing buttons on a remote control!



4 comments:

Well Seasoned Fool said...

I'm directly under the Flight for Life inbound track to the major area hospital. Makes me reflect on life whenever the bird goes over.

I've never retired. Can't relax that much.

Gerry said...

I was self employed for 20 years, had good years and bad and started and IRA back then. It is the backfill on my income so taking a small draw every month I make more retired than I did working. I miss the people I worked with the last 18 years and many of the customers but not the job. We had four different owners in that time and never changed my desk.

I volunteer at the Salvation Army every Friday feeding the street people and doing KP. Twice a month I help out at a food distribution in our county, handing out 1000 meals in 3-4 hours. Grunt work but rewarding.

My wife's health is poor so we don't travel, but I read and get a couple hours to myself to hunt or enjoy the zen of grass cutting.

So far so good.

Old NFO said...

My 'retirement' is consisting of a third career as a starving author... But thankfully, like you I have a few things to fall back on.

Ed Bonderenka said...

I don't see how I could keep up with my wife's meds in retirement.
I thank thank God I can still work and am needed.
And frankly, like you Greybeard, I like the purpose.
I get fidgety on vacations over a week.