Saturday, October 24, 2009

5. Where do you want to retire and what do you want to do?

The question of where you want to retire and what you want to do is a question that is very hard to pin down.  One of the things I recommend is that you and your spouse (or just you if you are single) construct a bucket list.  Once you create a bucket list with all the things you want to do, to see, or just to visit it will help determine what type of life style you should pursue in retirement.

My spouse and I initially thought we wanted to retire near the beach and were looking at Florida since the real estate market there was in shambles and we thought we could pick up something inexpensive and live near the beach.  However, the more we talked the more we were uncertain about it.  It wasn't until we came up with our bucket lists and compared them that we have come to the conclusion that we might best be suited to purchase an RV and travel around a lot before we settle down.  If we hadn't done our bucket lists we may have made an early retirement blunder.  Now I have a lot to learn about fulltiming in a n RV!

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