Are You Ready for the Other Side

Are You Ready for the Other Side Photo credit: Nick Kenrick.. on Foter.com / CC BY-NC-SA [Article republished from “Mondays with Mike â€" 2/12/18” email newsletter  ==  Subscribe to get weekly newsletter in your inbox plus FREE REPORT] Im a planner. I almost always think things through before taking a big leap. But even for me, I dont always truly understand what Im getting myself into before I jump. Now maybe youre like me.   Or maybe not.   Maybe you just jump and figure it out later.   Thats fine too. Today I want to share my experience with several of these jumps.   Either from my personal experience or from conversations with people whove taken the jump.   To give you a sense of what the other side is like.   And to give you some ideas on how to make a better transition. Parkour I took up Parkour (the art of moving around obstacles quickly and easily) as a way to get some exercise outdoors (I hate working out in a gym).   I got inspired by watching American Ninja Warrior on TV (an obstacle course competition) and thought this might be something I could do to get in shape with and also do with the kids when I took them to the park without looking ridiculous (because Im just playing with my kids, right?) So you jump from place to place, climb walls, vault over things, jump off things with a soft landing or roll. I found it entertaining.   And as I progressed I tried different things. And if youve ever watched this stuff on TV or YouTube, youve also seen the fails. One time I was vaulting over the side of a slide but planted my hand wrong and biffed it.   Happened to have my kids and Dad there.   They all got a chuckle out of it. In this case Id done the vault many times before but not with this kind of hand placement.   And I failed. I failed many times and luckily none resulted in injuries other than skinned elbows. But by taking the risks and learning as I went I found the skills helpful. One case was I was going on a run and one of the expansion cracks as I went from the sidewalk to the street was raised extra high and caught my foot.   I lost my footing and tumbled head over heels.   But because Id practiced my Parkour Roll so many times, I automatically tucked into my roll, rolled smoothly, and popped back up and kept runningnot even a scratch ?? Now you might be asking, What does that have to do with me?   I couldnt care less about learning Parkour. So lets take the next one. The Other Side of 9 to 5 There are three version of this two  Ive already experienced and one  Im preparing for. My first experience with this was back in the late 80s.   I got a job selling residential real estate. Now this was before I had many 9 to 5 jobs. I loved that I set my own schedule and no one told me what I had to do.   My manager gave me guidance.   Such as about how to farm a neighborhood (getting the owner info from a title company and then walking the neighborhood and talking to homeowners). But early on I realized that doing this during the daytime, even back then when the working mom thing wasnt as common, there were still very few people home at that time that I could talk to.   They were generally gone during normal business hours.   Either at work or out running kids around or shopping or just not answering the door. So I found that I was working more evenings and weekends. The fun part was this allowed me to go golfing during the day during the week.   When the courses were wide open.   One time I golfed with other people in a similar situation as me.   They were pro bowlers coming through the area.   They bowled when people watched (evenings and weekends).   So our schedules lined up. The downside of all this was my friends werent available when I was home.   So even though I had time to do things when others werent and that allowed me to avoid the crowds, I couldnt do it with people I wanted to share my time with.   That sucked.   It was lonely for me.   Didnt like it. So that got me thinking, especially as I crossed the 50 year old mark, what retirement will be like.   And how I might plan it better. Retirement Planning Retirement isnt just about having the money to retire.   That is a very important piece.   But what many neglect is the social part of retirement. When you go from spending 8-12 hours (including prep and commute) at a job.   And then you now have that time available to you now (40-60 extra hours a week to do something).   It can be a shock to your system. Are your friends retiring with you?   Or are you going to have to make new friends? Do you have a hobby that can take up a big part of each day? Can you volunteer? Can you consult? Will you spouse or partner be okay with having you around the house that much more?   Or will you drive each other crazy? Heres the thing. Most people get really excited during the first few years of retirement.   They take up golf.   They travel.   They do the things on their bucket list. But at a certain point youve run through the list of things that you were really excited about doing and now youre down to the ho hum ideas. So you scale that back. And at that point you really need to figure out what it is you can do and want to do that will fill up your days. Because without that figured out, youll likely do nothing and eventually die.   It used to be that people died within a couple years of retirement.   They just didnt know how to cope.   Losing all their friends and their purpose.   Their reason for living. That is why Social Security was sustainable.   The bad news is it is no longer as sustainable because people are living longer after retirement.   But that is probably good news for all of usbecause were figuring out this retirement thing. Which leads me to a solution to prepare for the other side in a safer, more fun way. The Side Hustle As you know this is my side hustle. Writing this weekly email newsletter, blogging, writing resumes and LinkedIn profiles for people, and helping small businesses get more business, higher profits, without just spending more time and burning out. Many people think you can only do one thing or another. Have a job or be an entrepreneur. Have a job or retire. Get a job or go to school. But heres the great thing. In this digital age, it has never been easier to do both. You can have a job AND a side hustle. You can build a side hustle while youre in school. You can build your side hustle to prepare for retirement. You can have a side hustle IN retirement. It can be something you do for fun. You can learn things from it you could never learn in your day job. You can learn things to apply to your day job and make you even more valuable. You can pay off credit card debts and student loans. You can build a vacation fund. You can build your emergency fund so if you lose your job youre not out on the street living out of dumpsters. Ultimately, this helps you do each transition better.   It gives you flexibility to learn as you earn.   And figure things out while youre handling the rest through your day job or schooling.   You can see how you like it.   You can make new friends as you help each other along.   You dont have to work in isolation if youre working from home on this. Is this for you?   Only you can decide.   But I want to open your eyes to the possibilities. Thinking a side hustle might be worth checking out?   Shoot me an email and we can discuss your situation specifically.