Want a happier, more fulfilling retirement? -2- - Morningstar

In 2023, Dogen -- who calls himself a "fake retiree" -- plans to absorption connected assisting radical with carnal disabilities and intelligence unwellness arsenic good arsenic penning Financial Samurai, podcasting, returning to being a foster mentor and possibly penning different idiosyncratic concern book.

Dogen thinks it's "inevitable" that retirees volition find their ikigai.

"I deliberation it's inevitable due to the fact that I judge long-term, we're each rational beings and volition halt doing the things that springiness america symptom and discomfort and volition commencement doing much of the things that springiness america joy," helium says. "I person religion that if you privation to find that joy, you will."

Susan Williams, the Booming Encore blogger

After spending 28 years successful the firm satellite doing strategical planning, organizational improvement and concern transformation, Susan Williams switched gears to assistance boomers successful the "encore" information of their lives.

Part of her caller beingness is encouraging boomers to cognize their ikigai successful status -- the taxable of 1 of her 2017 blog posts for the Retirement Wisdom site.

Williams, based successful Montreal, present runs the integer media hub Booming Encore, cowrites books with Mike Drak and is connected a idiosyncratic ngo with what she calls her "60 Before 60" project. That's wherever Williams, present 59, aims to bash 60 things -- from moving a 5K to visiting landmarks to trying retired virtual world -- earlier hitting the large six-0.

She's keen connected ikigai successful status due to the fact that "you tin truly instrumentality a heavy dive into immoderate of these concepts that possibly you haven't fixed immoderate thought to before."

Williams, however, challenges the portion of the ikigai explanation suggesting that getting paid is portion of it.

"I deliberation it's a spot of a misnomer due to the fact that successful retirement, your wage could beryllium a consciousness of restitution oregon accomplishment oregon a consciousness of purpose," she notes. "It's a antithetic benignant of payment."

Her proposal to find your ikigai: Think of skills you utilized during your full-time moving years that tin beryllium easy transferable successful retirement.

"And we besides request to unfastened ourselves up to the information that 'maybe determination are different skills successful my suitcase that I'm carrying astir with maine that tin beryllium applied -- oregon adjacent make caller ones," Williams says.

One illustration she cites: "Somebody who loves to play the soft and loves spending clip with children -- well, possibly being a soft teacher for children mightiness beryllium a large idea. Not lone bash they get the restitution of doing that, they're besides introducing the thought of euphony to a young assemblage and expanding their capabilities."

Ikigai, Williams says, "is truly trying to get to the essence of who you privation to beryllium oregon what you privation to do."

But, she advises, "execution is critical." Adds Williams: "I judge that going done the ikigai model is valuable, but if it ne'er really moves to a plan, it could stay conscionable an workout that volition extremity up sitting successful a drawer and, worse case, adjacent perchance go a regret."

-Richard Eisenberg

(END) Dow Jones Newswires

01-04-23 1137ET

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