Sunday, March 11, 2012

Fixed Income Retirement-Work as LIfe and LIfe as Work

This past Wednesday was my church Lenten dinner.  Soup and bread, followed my meditation and discussion. On this occasion, I left my house about a half an hour early. I stopped at an estate sale, where a grabbed a bunch of 1920's cookbooks (the kind that are put out by folks like Kerr and Arm and Hammer), as well as some military sheet music and World War II books. My perusing took me less than and hour, and cost a few dollars. I expect to make a profit on all the books, and keep a few for myself.

Last week, I took a lovely road trip-my goal is to explore various places that are within a day's drive bit by bit.  My purpose was to enjoy the country side and  meditative drive and later a walk alone. I did exactly that.  I also made a quick stop at a quilt store, and took some photos that I hope to be able use in a travel article, or just alone.

It seems that for me, at least, work, relaxation, home and travel  have become entwined.   Often when I write about my lifestyle, people email me and talk bout the fear. Fear of working, fear of adjusting lifestyle.  The thing that I want to share with people is that making additional money in retirement is not about a job necessarily.  This is not to say that a job is bad.  Many retirees get part time jobs that earn money and which they enjoy a great deal.  Some people need the structure of a go to job or volunteer situation.

Having said that, needing some additional income to bridge the gap will not in and of itself destroy retirement.  The trick is to find something that you enjoy doing, as well as something that is a little bit portable. Many of the things I do to"earn money" are simply done as part of my day. If I have a special plan, or want to do nothing that day, I can usually manage it. On the other hand, many of my "fun" retirement things incorporate some income stream activity.

Obviously it helps if you have at least some "like" for what you are doing.  Rarely do I consider it a chore to hit a book sale or thrift shop-as a matter of fact I tend to make it part of my travel itinerary, along with museums and food.  Having a camera and smart phone or laptop thrown in the car enables me to take pictures and write articles on a whim, wherever I am. On the other hand,  have been known to leave both buried at the hotel and have a completely unhooked day exploring the city. In truth, the only long term "money making" time that is actually scheduled is that time when I sit down and do some extensive sewing (always on my time, always when I am in the mood).

Everyone has to do what is right for themselves. If you need some additional cash to do the things you want, it may be worth it to consider some portable income streams rather than looking for a part time scheduled job.  Most interest, hobbies and skills translate to part time income streams. How you work it out, and how much time you spend depends on you (and your spouse). Choose something that works with your life-be it a single business, a seasonal business, or some small income streams grouped together.

Life is, after all, what you make of it, especially retirement life.

3 comments:

  1. I always enjoy reading about how you structure (or don't structure) your days. There seems to be a very nice, relaxed flow.

    You have mentioned several times your ability to pick up items at estate or garage sales and then sell them. I'm interested in a few more details. Do you sell them through E-bay or Craigslist? Does it take a lot of work?

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  2. I'm not retired, not even close, but I found this article to be refreshing and great! There are little ways to make money that are simple and effective; and either making or thinking of your life as unified/converged regarding spending, buying, resting, working, etc is a wonderful thought and makes me feel very at peace!

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