Money and Success

The New Retirement

Robert Margetic

The New Retirement – Busyness and Budgets

What are you going to do when you retire- how are you going to fill your time? Most people don’t know. Many don’t know how to get started. If you’re going to spend 20-30 years in retirement, you will need something to keep you busy. Steve Langerud, director of professional opportunities at DePauw University, spends much of his time helping people answer this question. Steve shares his techniques and approach to defining a successful retirement. Another key to a successful retirement is control over your spending. Diane Tegarden, teaches an eight week course on budgeting and has a book on this subject coming out in September. She explains how to go about identifying and estimating your expenses. She offers a sensible approach to budgeting. If you are to figure out what it will cost you to live in retirement, you need to know what your lifestyle costs you now.