Tip #286: Create a 5 Year Retirement Plan

Wednesday, May 16, 2012 @ 12:05 PM

Retirement Yenta loves to plan…and recently, your dear Yenta has been planning the next 5 years of her life. It looks like it will be a doozy of  a period of change. The kidlets are heading out of the house during this time…and RY will be facing an empty nest. Prepare for the partay once this has happened! But without the need to shuttle her kids around town, schedule tutors, enforce homework and study habits, etc. This little Yenta is going to have a ton of free time on her hands…what to do? What to do??? Your dear Yenta is putting together her Retirement Plan. Retirement Level 7.5 (or 75% retirement) is around the corner. WHAT TO DO? Well, dear Readers, your dear Yenta is making a list, and checking it twice. On this list are pet projects that your dear Yenta has always wanted to work on. Also on this list is her favorite clients that she wants to continue working with (for this little Yenta is NOT at 100% retirement). Another column on the list is a group of charities that RY believes could use her help.  Next step of the Retirement Plan is to prioritize, and set goals. Retirement Yenta says: Planning for Retirement is like good business planning. Set your desires, goals, and priorities and work, work, work to attain them.

Tip #285: Stretch

Friday, May 11, 2012 @ 09:05 AM

Retirement Yenta is no poulet de printemps as they say in France (that would be spring chicken). Yet, your dear Yenta is no old fuddy duddy either. This Yenta likes to take preventative measures against the beast that is aging. One thing that RY knows is that stiffness is the terror that can take a body down, and RY does NOT want to get stiff. With this in mind, this Yenta stretches daily. The arms, the legs, the back, the neck, and most importantly, the beloved dollar. Wait…RY got off track…stretching a dollar is important too, but will not fight the stiffness war. Another good way to fight off stiffness is to spend that dollar you have just stretched on a good massage…because like Sally O’Mally, when Retirement Yenta is 50, she wants to Kick, and Stretch, and Kick, ’cause she’s 50. 

Tip #284: Take a Day Trip

Friday, May 4, 2012 @ 09:05 AM

Sometimes, dear Readers, you just need to get away…even if it is for a job. This past week, Retirement Yenta, her GGA (Goy Girl Assistant), and Dalis the Amazing Organizer took a day trip to open up your dear Yenta’s Fire Island home. Opening up the house is a day of moving furniture, cleaning (oy!), and arranging the house so it is presentable. It is not an easy day. But, dear Readers, this little Yenta throughly enjoyed herself. The change in routine was good for her soul. With this in mind, RY wants to encourage you to shake up your routine and do something out of the ordinary, like taking a day trip. You never know what you may find, maybe even a little peace of mind!

W-2 Redux

Tuesday, May 1, 2012 @ 09:05 AM

In her brilliant Tip #283, Retirement Yenta’s sage advice to walk away from a W-2 keeps resonating with the wise, wizardly-warrior of Pre-retirement Tips. RY believes that she has hit upon something very powerful, enough so, the tip bears repeating. So, listen up dear Readers…this is probably your dear Yenta’s best advice!

Retirement Yenta has many varied interests. Some might say her interests are so many and so varied that she has ADD…Career ADD. Over the years, this little Yenta has gone from being a full-time corporate work horse, to being a “Yenta-of-all-trades.” Your dear Yenta has her own consulting business, she is a landlord, a fund raiser for her favorite charities, she manages a fixed income portfolio, a mother of two, and a blogger extraordinaire.  Dear Readers, there are so many positives to this type of work life! There is flexibility…you can take time off as you want…no HR department breathing down your neck and counting your remaining leave days. There is the constant variety…you will never get bored. Then, there is RY’s favorite benefit: it works beautifully with your Retirement Levels and changing interests. That’s right dear Readers, if one wants to be 75% retired, one can simply drop one of their projects in favor of beach life. If one wants more work…then take on a new project. AND, let’s face it, as we age, there are new things that interest us…do those things that interest you…and only the things that interest you. Retirement Yenta says: Walk away from the W-2. Your mind will be kept busy, and you won’t be blue. Working new projects the rest of your life will keep you interesting and will drive out all strife.

Tip #283: Walk Away from the W-2

Thursday, April 26, 2012 @ 12:04 PM

Retirement Yenta has many varied interests. Some might say her interests are so many and so varied that she has ADD…Career ADD. Over the years, this little Yenta has gone from being a full-time corporate work horse, to being a “Yenta-of-all-trades.” Your dear Yenta has her own consulting business, she is a landlord, a fund raiser for her favorite charities, she manages a fixed income portfolio, a mother of two, and a blogger extraordinaire.  Dear Readers, there are so many positives to this type of work life! There is flexibility…you can take time off as you want…no HR department breathing down your neck and counting your remaining leave days. There is the constant variety…you will never get bored. Then, there is RY’s favorite benefit: it works beautifully with your Retirement Levels and changing interests. That’s right dear Readers, if one wants to be 75% retired, one can simply drop one of their projects in favor of beach life. If one wants more work…then take on a new project. AND, let’s face it, as we age, there are new things that interest us…do those things that interest you…and only the things that interest you. Retirement Yenta says: Walk away from the W-2. Your mind will be kept busy, and you won’t be blue. Working new projects the rest of your life will keep you interesting and will drive out all strife.

Tip #282: Strengthen Your Core

Monday, April 23, 2012 @ 09:04 AM

Retirement Yenta REFUSES to get old. Now, dear Readers, RY knows that the aging process will continue, even if she uses her super powers of denial. So, with this in mind, your dear Yenta has picked up the practice of Pilates! Pilates is a great way to build flexibility, strength, and endurance while also improving coordination and balance! Those are things that are important when the aging process overtakes our denial. Believe your Yenta, you do not want to be caught off balance and break a hip in the middle of your denial! In NYC, RY strongly commends her personal Pilates instructor, Stephanie Joiner. Check out her blog. If you think Pilates is not for you, dear Reader, you might consider Zumba. It’s a Latin-inspired, dance-fitness program. Nothing will keep you younger than shaking your groove-thang to a Latin beat. It’s a fitness craze that is sweeping the nation (and pre/post-Retirees) off their feet. As a matter of fact, in the spirit of staying young, your dear Yenta may try both. Pilates has been great so far, but Retirement Yenta may need to “Shuffle Down to Buffalo” (or her nearest Zumba joint) to find herself a Latin Dance Paaaarrrrrttttayyyy! Retirement Yenta says: Strengthen your core, exercise, and deny aging a chance to take the zip out of your walk.

Tip #281: Create an Oasis

Thursday, April 19, 2012 @ 10:04 AM

Retirement Yenta has been home in NYC for a good part of the week, but she cannot get her mind back in the groove of NYC life. Your dearest Yenta has been ruminating on the beauty and peacefulness of her Miami Office (the balcony). Never in this little Yenta’s life has she found such deep relaxation and peace as she has found in her MOO (Miami Office Oasis). With this in mind, Retirement Yenta would like to recommend that you create an oasis in each of your homes. It can be a bedroom, office, balcony, meditation room…anything that gives you joy and allows you to go to that peaceful spot. Think of it as a vacation spot in each home!

Tip #280: Detox from Your Career!

Thursday, April 12, 2012 @ 10:04 AM

Retirement Yenta is sitting in her Miami Beach office (aka the balcony), soaking up some rays, and sipping some detox tea. This holiday has been all about rejuvenation, relaxation, and revive-ation of your dear Yenta’s mind and body. During the third sip of her tea, RY had a thought she would like to share with you: Detox from your career, dear Readers. As we approach our impending retirement, we need to step back and start focusing on things that make us happy. This little Yenta firmly believes that the happy distraction from the career path is a great way to turn our attention on what the next phase of our lives will be. The simple act of stepping back from work and focusing a little on our joy will give us the peace of mind to move forward with what we are doing, or help us make the decisions that are necessary to move on. With this in mind, dear Readers, Retirement Yenta says: Be a career Yogi and Detox outside of the box and by next year, your next step may be clear.

Tip #279: Rejuvenate Your Spirit

Friday, April 6, 2012 @ 09:04 AM

Chag Sameach, dear Readers! Pesach is upon us and your dear Yenta has made her way with the masses to Miami Beach. Tis the season for celebration of the Passover, and this year it coincides with the Christian egg hunting holiday of Easter! Let me tell you, dear Readers, it is a sea of bodies on the beach down here! Retirement Yenta is enjoying some time in her vacation office (on her balcony) and soaking up some rays and rejuvenating her spirit with a few good books on her iPad. Retirement Yenta would like to recommend you find some quiet time this weekend for a little reading and relaxation. This little Yenta recommends The Power of Habit by Charles Duhigg. Retirement Yenta is determined to return to NYC with a new outlook, and free of a few of her non-productive habits…and Charles Duhigg is helping her with the process. RY also wants to recommend The End of Illness by David B Agus, MD. Dr. Agus has created a great holistic approach to health from a somewhat unconventional point of view.

Retirement Yenta says: Read, Relax, and Rejuvenate this holiday season and a big ol’ Chag Sameach to everyone!

Tip #278: Financially Mentor a Kid

Tuesday, March 27, 2012 @ 09:03 PM

There is nothing like learning by teaching, dear Readers. Retirement Yenta knows that sometimes the best way to refresh your knowledge of the financial services world is to teach someone the ins and outs. Let’s face it dear Readers, the financial world changes and changes…and sometimes those changes are slow. There are new products out there, and there are products you might have put out of your mind because it wasn’t something you needed at the time. With this in mind, your dear Yenta wants to advise you to financially mentor a kid. This could be a young kid, a teen, someone in their 20′s, or even someone in their 30′s. If your mentee doesn’t know about the market and financial services, you can show them the ropes and refresh your knowledge while you are at it!