How to Retire Happy Wild and Free is Ernie Zelinski’s book on happy retirement.
- Plan your retirement
- Find a passion to pursue
- Do all the things you haven’t had the chance of doing
Failing to Plan is Planning to Fail
Zelinski says that if you work until the last possible day to save as much as possible, you might find out that you don’t have that many years to actually use that money.
And if you enjoy your money along the way you might find out that you don’t have quite enough to live comfortably.
The solution? Plan about retirement.
How Broke People Spend
Broke people spend buying “stuff”. Stuff is the clutter they accumulate over time which they don’t need and don’t use.
The income of broke people goes straight into expenses for “stuff”.
The author recommends instead you save enough so that you can live retirement on your terms, doing the things you love.
A Good Retirement
Retirement for the author doesn’t mean sitting around and doing nothing. It means doing something that you always wanted to do but could never afford to do because of work or other life commitments.
A bad retirement instead is sitting around fiddling your thumbs.
My Note: I would also encourage you to consider if there’s a way to do what you really want to do even before retirement
Here are some great suggestions Zelinksi has for retirees:
- Unplug your TV
- Unsubscribe from your cable
- Travel cheaply (without hurry you can scoop up deals and travel low season)
- Move to a college town (loads of free cultural opportunities)
My Note: at this point, I’d wonder, why not moving somewhere else completely where life is cheap?
A Healthy Retirement
The author, righteously, stresses the importance of social and physical health. He recommends you keep in touch with friends, take care of your relationships and keep exercising. That’s something I fully ascribe to as well.
And I would also expand on that and invite you to look into the mental and more spiritual side of aging. For example, with Mindful Aging of Andrea Brandt.
Make Up for Lost Time
I really liked the idea of the retirement time to do all the things you wanted to do but never got around to do it.
Instead of living in regret, do them now!
Could have been briefer
Some concepts repeats, it could have been much briefer. But that’s a complain I often have, so it could be just me.
No new ground broken
Some tips are good, and some are exactly the same I would give to anyone I care about.
However I didn’t feel there was anything groundbreaking. But that’s not necessary a con: you don’t need anything groundbreaking for happy life, after all.
A very positive approach to retirement, I hope many will follow the author’s approach and recommendations.
I was looking for wealth books for my own wealth compendium and picked up How to Retire Happy, Wild, and Free in the belief it was about budgeting.
But it’s much more than finances. It’s about embracing the third age as a new golden era.
Read more summaries or get the book on Amazon