Desperate for Conversation

The closer I get to retirement, the more nervous I find myself and that surprises me because I’m usually pretty good with change. This one though — well this one is a huge change that will impact my life, for good or bad, until I die. That’s worth getting nervous about, right?

Up until a week or so ago, I was getting excited about the prospect of doing whatever I want, whenever I want – sleeping late with no alarm; eating better because when I have the time to prepare and cook, I like it because it doesn’t feel so much like working after work; giving my house a thorough cleaning at a leisurely pace; spending as much or as little time as I deem fit on my novel; upgrading my company, Scentsibility and putting in some quality marketing time; sitting out on my balcony at odd hours and watching the wildlife and the clouds; napping in the afternoons; etc.

But now? There’s a man who comes into the Starbucks I frequent who’s retired and he’s the garrulous type who’s looking for anyone that glances in his direction. Aaaaand he’s off. I find myself trying not to catch his eye as he sits eating his oatmeal, eyeing likely suspects in his vicinity. Is that going to be me one of these days? Can’t you just see my seventy or eighty-something shriveled face sidling up to a young, twenty-something in line and saying, “My aren’t those adorable jeans. Did you buy them around here?” How far do you think that’ll get me?

Elderly woman sadly looking out the window, a black-and-white phSo, that’s what got me got me to worrying about my retirement instead of looking forward to it. I took stock of how many people I’d be likely to talk to on a daily basis once my usual work buddies are gone. Um, maybe two. That scares me a little. I already talk to my cats but I don’t think that qualifies. I don’t fancy being the sad old lady who sits in the house and stares out the window all day.

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Then there was the little old man in Albertson’s who stood off to the side staring at me as I checked out the special on guacamole. I eventually decided not to buy it and meandered off. Very shortly, I heard, “Excuse me.” I turned to see the little old man following me over to the produce section. He wanted to know why I hadn’t gotten the guacamole. My instant impression was that he didn’t give a hoot why I hadn’t bought the guacamole; he just wanted to talk to someone. So I stopped. I told him it didn’t seem to have enough stuff in. He said, “What stuff? Guacamole is just guacamole.” I assured him they were all different and I actually liked to make my own with avocado, jalapeno, tomato, onion, cilantro and lime juice. He thought that over, nodded and sauntered back toward the display.

See, that could be me in a year or two – randomly stopping people in the grocery store just to hear a human voice. That scares me. I can hear you saying, “So get out and do something.” I’ve thought about that, too. I’m not accustomed to sitting around much. I’m very active (always have been) and typically have a to-do list a mile long of things I want to do and places I want to go. But then there’s the retirement budget. It’s going to be a game changer with a whole new set of rules (none of which I’ll know in advance). I doubt that I’ll have enough money for travel or to spend on trivial keep-myself-busy projects. Where does that leave me?

I’m still aiming for optimism but I find myself vacillating between ultra excited and secretly terrified.

 

The Dreaded Budget

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This picture shows exactly how I feel about the budget I just drew up – about to be buried under it. You’d think I’d have tackled this subject a long time ago. You’d be wrong. It’s sort of like going to the doctor when you suspect you might have a problem but you feel pretty good. You put it off, telling yourself you couldn’t possibly have something wrong when you feel good. But deep down inside, you know the truth. It’s a not so simple matter of buckling down and facing it.

So I found an Excel spreadsheet that lets me input all my income once I retire, any savings and then list every expense. I was relentless, coming back to it several days in a row with all the little things I tend to forget – and, of course, they’re the ones that add a bazillion dollars to the total. I put in things like the trash bags I order because they fit the particular brand and shape of the garbage can in my kitchen; my weekend Starbucks coffees and treats; my annual car registration (easy to forget when you’re inputting monthly expenses); my company’s annual fee; the donation to Women For Women International; Sirius XM in my car so I can listen to CNN or Broadway showtunes as the mood strikes me; birthday gifts for family and friends; and family dinners.

I anticipated that my current expenses would probably exceed my Social Security income by about $500-$750. Much to my horror, my expenses exceed my income by $1,340. Although I had banked on (pun intended) expanding the scope of my outside company to bring in some extra income, I imagine it would take me years to be able to cover that differential. To tell the truth, it’s sort of horrifying.

Today, I sat and made a first-round attempt at figuring out what expenses I could live without and which ones could easily be cut back. Needless to say, “easily” was the operative word. I managed to see an extra savings of $200 a month. The whole thing would be laughable if not for the fact that it’s a looming reality.

Yes, I realize I can get a part-time job but that sort of defeats the purpose of retirement, doesn’t it? And there’s always that little matter of businesses being loathe to employ anyone over the age of about 40 (that might be a generous figure).

My only possible avenue is through my company, I think. I recently listened in on a webinar about the use of CBD in products. Since I’m a Registered Aromatherapist, the idea of creating CBD tinctures and lotions for my personal company is tantalizing. I discarded the idea about a year ago because of the fact that the DEA had declared CBD a Class I drug. However, word has it that the Farming Act of 2018, which excludes CBD from the list, just passed last month. If that’s true, I see a double benefit. I can use them for my own chronic health issues and perhaps the bridge some of the gap in my budget.

CBD seniors

Sabotage the Butterfly

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“Dying at your desk is not a retirement plan.” Thomas Heath- Washington Post

Maybe not, but I know many people my age who, as much as they say they want the easy life of no alarm clock and not answering to anyone any more, still manage to remain in the job year after year after year. “Retirement” is a wonderful concept until you sit down and really think about all that it involves, both the known and, more important, the scary unknown. Which side occupies your every waking hour? How long can you hold out and avoid the metamorphosis to retiree and major life change?

I have a friend who worked at a small firm for almost twenty years. When the owner decided to cut costs, he first fired her and then offered to hire her back for less money, less hours and less benefits. I was mystified as to why she’d even contemplate the offer but she took it. As it turns out, the thought of change was (and is) scarier to her than the horrific circumstances she was already in. She opted for the known over the unknown.

I have been through many career incarnations and always figure that even if the new job turns out to be terrible, it’s not likely to be worse than the one I’m leaving. And if it is, I’ll have some time to find something else. Yes, you sacrifice seniority and vacation time when you do that but you salvage your peace of mind. That always won out for me. My friend told me once that every time I moved on to a new job, the thought of it made her a little sick.

But then we get to retirement – THE REALLY BIG CHANGE.  I can sit back and steadfastly refuse to change or I can hope I become the butterfly. I’m at the stage where I sort of look forward to it on the one hand, and sort of worry about it on the other. Today, looking forward is winning. I hope it stays that way as the reality looms closer.

Another concern – probably the main concern – is money. In my years as a dancer, we didn’t have things like retirement plans and I spent every dime I made. By the time I focused on the fact that I was aging and needed to start thinking about saving, it was pretty late in my working life. So I’ve managed to pull it together somewhat, but not comfortably. Even so, it’s hard to alter routines and lifelong habits in order to squirrel away enough money to live comfortably. I read a quote by a retiree named Fritz Gilbert who said, “Not making a decision is still making a decision. Spend the money to buy that ‘thing’ and you’ve made a decision to work longer.” I guess that all depends on what that “thing” is. If you’re looking at a boat or new living room furniture then yes, you’ll probably sabotage an early retirement.  But my “things” are smaller – mostly Starbucks coffee on the weekends and a couple of magazine subscriptions. I think I can probably swing it. Nevertheless, retirement is looming and I’m keeping my eye on the butterfly and hoping to make it a colorful one.

Freedom or Boredom

1464810432178This whole retirement thing is a bit tricky. I, like many before me, have spent decades talking about all the fun things I’ll do when I retire, not least of which is not having to set an alarm and then function on someone else’s time for the majority of my day. And the older I get, the more I’ve felt like life is passing me by while I’m stuck inside following someone else’s rules.  I didn’t notice it so much when I was younger because in my 20s, 30s, 40s and even some of my 50s, it still felt like I had hundreds of hours left to do what I wanted – to rebel and head out on my own, to forge a different life in another part of the world and explore, explore, explore.

I managed a little of that. When I was dancing, I got to see South Africa, Egypt, Finland, Sweden, Japan, Hong Kong, England, Italy, France, and Thailand. In a brief search for a retirement place, I checked out Panama and Costa Rica. But the funny thing is, the closer I get to retirement, the scarier it looks and the less adventurous I get.

Why is that? There are any number of reasons. I get less adventurous because moving two cats to a foreign country is problematic and then what if I hate it; I’ve developed chronic issues as I get older that require care, which makes me worry about leaving the country; I’d be an older, single female living amongst strangers and hoping they’re nice to me rather than viewing me as the odd one out and an easy target; and the hassle of traveling isn’t nearly as fun as it used to be. Things that never bothered me before, now do: Did I pack everything, did I leave early enough to get to the airport, will I find an overhead bin to put my carry-on in, will I hold up everyone behind me (none of whom offers to help) while I try to stuff my bag in that overhead bin, will I find my way through the airport to my connection in time, will the taxi driver screw me around on my way to the hotel, will this be the one hotel in the city with a bedbug problem … and on and on.

As for retirement being scarier the closer I get, I have a short list of what ifs:

  1. What if I get bored with the things I think will entertain me? I have a long list of things I’ve always wanted to tackle but what if I go through the list in the first few months and then none of them appeal to me any more?
  2. What if I get so used to sleeping late and with nowhere I have to go, resort to sitting around staring at the television or the computer screen, putting on weight and becoming more and more sedentary (which would, of course, mean that my chronic back problem will only get worse and my joints more creaky)?
  3. What if I decide I can’t live on my Social Security and I need to find a part-time job? At my age, very few places are likely to want to hire me and then I have to wonder if I should’ve retired in the first place.
  4. What if I get lonely? There’s an older gentleman who comes into the Starbucks where I go to write who, as I’ve heard him tell people, comes in every single day (like I’ll soon be doing) and sits very quietly until he can insinuate himself into someone’s conversation, where he then proceeds to spend far too much time talking to them. Will I end up like that – desperate for human conversation?
  5. What if I die? I’ve heard countless stories about people who were looking forward to retiring and then died within a few months of doing so. One of my co-workers and her husband both retired so they could travel the country. They were excited about this new path in their lives. They bought an RV and planned out their route around the United States. He died roughly two months after retiring. I don’t know why that happens so often (or at least often enough to have caught my attention) but I sure as hell don’t want to be one of the statistics.

So I suppose the basic issue is whether or not the dream will be all it’s cracked up to be. Looking at your dreams and realizing that they might be just that and nothing more, can put a serious dent in the rest of your days. It makes you pause and go through the retirement check list one more time to assure yourself that you’ve thought of everything. Then you just have to say: You’ll be fine. Repeat after me: You’ll be fine.

 

Abrupt Halt to Spending

There are many things to look forward to when contemplating retirement. Curbing my spending habits to adjust to a significantly lower bank account is not one of them. I’ve had two bankruptcies in my lifetime and know full well how painful it is to give up spending habits – Starbucks was my hardest indulgence to do away with. I remember the agent at the debt restructuring firm I approached saying he’d never seen anyone spend that much on Starbucks. At the time, I would stop every morning on my way to work and often would make a second trip after lunch. And yes, that adds up.

So here I am, on the cusp of retirement, looking forward to having free time all the time with no higher-up around to rein me in and, at the same time, dreading the adjustments that will come – primarily the money thing. What will I have to do to live comfortably without forgoing heat or having to ask for Meals on Wheels to get by? Scary.

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I made a list but I haven’t had the courage to put them in order yet from least offensive to part with to “I’ll never give that up” … and then having to do so. Here’s my list so far: Starbucks (yes, still a part of my life – just not every day), magazine subscriptions, fast food (well, truthfully, that one isn’t all bad), expensive things like meat (time to become a vegetarian?), using less electricity, trade my car down to something second-hand that I don’t have to make payments on, learn to cut my own hair, see if I can walk to more places rather than drive, cable television, dinners with the family once a month, buy generic brands at the store, and/or look for part-time work (sort of defeats the purpose of retirement but may be necessary). Who knows? Maybe I can even figure out a way to cut back enough in other areas that my Starbucks treats don’t have to suffer.