Let’s discuss these three ages of man (Shakespeare, being much smarter, got to seven), by thinking of three decades across three different features of a life:
· How much time do you have at your disposal
· How much money do you have
· How much energy do you have
We derive (with N for no and Y for yes) in a rough and (possibly) uncontroversial way the following matrix:
Decades Time Money Energy
20s Y N Y
40s N Y Y
60s Y Y N
How can this matrix apply to retirement? Perhaps a successful retirement for you may depend on the extent to which you can turn the RED N into a RED Y?
Retirement: You won’t know what it is like until you get there.