Newly retired @60 ... Did I make a mistake?
Back in august met with my finical planner and discussed early retirement at 60 hrs. I was told I could if I wanted to.
A few days later I resigned from my six figure position as a sales manager.
I now agonize over if I made a mistake.
I find myself baking bread two times a week, just to kill time.
Now I watch every penny we spend (something I never had to do) and driving my wife crazy. Mostly depressed about all the money I left on the table.
Any advice would help.
Wendy: Typical regrets for a new retiree... give yourself time to transition and you'll be just fine.
Many CAN retire, financially, but what they choose to do afterwards, day after day, makes a huge difference. You really can't bake 2 loafs of bread a day to feel satisfied. Who do you choose to be in retirement?
Everyone worries about pre-retirement savings... few consider the endless hours awaiting them with little to do.
Give yourself time to grieve the loss of you job - even voluntary retirements like you feel the loss of identity and job status.
If you REALLY believe you need to be active, go back to work. Work full-time, part-time, contractually, open your own small biz - whatever feels right to you. Volunteer if the income is really not necessary.
Either way, BE someone again -- lose the stress of your former position (face reality, the grass wasn't really greener there, was it?)... and decide where you want to go from here. IT really can be a huge opportunity with the right mindset!!
The world is open to you - but you now have to deal with your retirement transition, choose your next adventure in life, and GO FOR IT!!