Retirement planning has long-been regarded as both a science and an art. The science is related to the financial modelling and stress-testing that can help you move confidently into this next phase of your life. The art comes from turning your new-found time and your accumulated wealth into joy and purpose.
This article is reminiscent of a new Netflix program called “Live to 100: Secrets of the Blue Zones”. In it, the filmmaker is looking for commonalities amongst areas of the globe with higher-than-average centenarian populations. One of the common themes appears to be “purpose”. In Japan’s Okinawa region, they refer to it as “ikigai”. In Costa Rica, they call it “plan de vida”. Both can be loosely translated as, “a reason to wake up in the morning”. The article’s author agrees that pursuing purpose can be a better predictor of the success of your retirement than your bank balance or investment statement could ever be!
