If you’re curious how to become one of the happiest retirees and how to avoid becoming one of the least happy retirees, I can offer some surprising guidance.
Incidentally, neither Moss nor Hixon view retirement as necessarily the traditional stop-working-altogether idea. To them, and to many others, retirement is now whatever way you define it — which could mean working part time when you want, as much as you want, or volunteering or not working at all.3 financial traits of the happiest retirees No. 1: Having at least $500,000 in liquid assets .
Also see: I never expected to retire to Panama — but we are living ‘very comfortably’ on $1,200 a month Noted Moss: “Not only do they find new ones, but they also want to get better at the ones they currently have. So, they dive deeper into them.” Hixon’s mother was a hospice nurse; he describes that job as her calling. She was set financially for retirement. Problem was, she hadn’t thought much about how she’d spend her time in retirement and find fulfillment like she had while working. That led to spiraling depression.
500,000 with your house and cars paid off still isn’t enough. 500k is only good if you live less than 15 years and receive social security.
Damn....
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