Welcome to my new blog.
Nearly everyone I know is retiring. Most folks in my circle of friends and relatives begin collecting Social Security at 62. I know I did. I took Social Security at 62 because I needed it (my earnings plummeted in the recession). Social Security was a welcome supplement to my wages, but not enough to allow me to quit the job.
The building blocks
At 62, health insurance was a major obstacle. Between the job and Social Security, I was able to purchase health insurance through a state program. I worked mostly to pay for health insurance until I turned 65. Because I was already collecting Social Security, Medicare kicked in automatically at 65. Is this a great country, or what?
Also, I had a couple of small pensions I was able to start collecting at 65. Medicare was the missing piece that made it possible to retire with the peace of mind that I’d have access to health care when needed. There you have the building blocks of retirement: Social Security, Medicare, Pensions. You might notice that one obvious building block is missing. Savings! I plan to talk about retirement savings as little as possible, for reasons that will become clear.
Peace of mind
Retirement plus peace of mind — that’s what it’s all about for me. However, it’s not as easy as it sounds. It certainly hasn’t been as easy as I had imagined. I’ve hit a few bumps along the way. Long story short, I realized I need to simplify my life while maintaining a tolerable lifestyle. I prefer simplicity, and I know that my limited retirement income will require simple living.
I feel pretty healthy right now (age 67), but I’m fully aware that as the months and years roll by, faster and faster, I’ll be growing older. I’d like to age gracefully, be kind to to all, contribute something to my community, and find joy in retirement. And I’d like to write about it along the way. That, in a nutshell, is the reason for this blog. And that concludes the introduction.
The next post, within a day or three, will enumerate the subjects you’ll read about here. I hope to focus tightly on retirement and graceful aging, and avoid going off topic. See you soon.