No 401(k)? Try Treasury's MyRA as a Starter Roth IRA – Money Magazine

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Traveling and recreation are common retirement pursuits. They are certainly an important element of happiness. But they aren’t the whole story. It is exciting to explore beautiful new places. But, after a while, the good times and beautiful scenery may not be enough, unless they serve a meaningful purpose. Most of us need more….n

When you lose the career structure and purpose you’ve enjoyed for so many years, you will have to invent and supply your own. Maybe it will be related to your previous profession—consulting or speaking—or maybe it will be something completely different—volunteering or pursuing a creative passion. The challenge is trying to stay relevant to a society that is increasingly younger than you. It’s not easy, but there are many examples of “elder statesmen,” from all walks of life, public and personal, who have remained vital and relevant to the end.n

I’ve come to see that every stage of life has its joys and challenges. There is no point in either rushing or resisting retirement. Retirement is not inherently better than what came before. It’s just different. Despite the downsides of retirement, there’s nowhere else I’d rather be.n

Darrow Kirkpatrick is a software engineer and author who lived frugally, invested successfully, and retired in 2011 at age 50. He writes regularly about saving, investing and retiring on his blog CanIRetireYet.com. His latest book is Can I Retire Yet?n”,”read_more”:true,”section”:”name”:”Retirement”,”slug”:”retirement”,”url”:”http://time.com/money/retirement/”,”description”:””,”retirement”:true,”tag”:”name”:”early retirement”,”slug”:”early-retirement”,”url”:”http://time.com/tag/early-retirement/”,”tags”:”early retirement|life in retirement|Retirement|retirement 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