May 5, 2020
Satisfying Retirement In A Changed World
Over the last several weeks it has become painfully obvious that our world has changed. And the upheaval brought about by the coronavirus is not going away anytime soon, regardless of the wishes of many of us.
What changes in how and where we work, dine out, seek entertainment, enjoy live sports, and shop for something other than essentials are yet to be determined.
The turmoil in the financial markets, the unbelievable debt load all levels of government are assuming, the possibility of massive bankruptcies in all sorts of unexpected places is a tsunami that has yet to hit our shores.
With unemployment approaching Great Depression levels, will huge parts of the economy be gutted, and return in very different ways? What will happen to all those out of work with limited prospects to return?
How will the November election will be held if the Postal Service runs out of money so mail-in voting is impossible, and too many of us are still leary of in-person voting?
Because of months without schooling, have our children and grandkids lost parts of their education that may never be made up? Will college entrance standards have to be relaxed or changed? And, will enough people have the money to even pay for tuition?
For me and this blog, the underpinning of its purpose has changed, at least as the virus runs its course. To have a blog stressing the joys of a satisfying retirement when that is the last thing any of us are thinking about, seems tone deaf and out of sync with our current needs.
To that end, I have modified the blog title to reflect what is happening. How will the pandemic affect our retirement? What is a satisfying retirement in such an upside down world?
How long the modified title and direction stays in place is unknown. It will depend on "conditions on the ground," to use a military phrase. It is quite possible that what makes a satisfying retirement is undergoing a fundamental change. I want to ensure this blog doesn't act as if everything is fine and all the topics that concerned us before continue to be top-of-mind. That everything will snap back to normal at some point.
Importantly, I will be adding regular posts that focus on good news, uplifting stories, and optimism...not pollyanna in a time of crisis, but a reflection that much good continues in our upside down world. Retirement can remain very satisfying and productive. Setting goals and making plans remain very important.
Many of the posts written about Covid-19 and retirement now appear in a special place on the left sidebar. If you are new to these pages, you might start there to see what readers are thinking and feeling.
I hope the adjusted blog title and a focus on where we are at any given moment will be more in keeping with what is important to you.
So, I look at the blog title change as a better reflection of where we are at the moment as we live through a once-in-a-generation experience together.
The most recent post, The Positive Power of Failure, remains available just below this one.
Thanks for your continued support, reading, and comments. I wish the very best for you and your loved ones as we journey through uncharted waters together.