About Dave Hughes

My name is Dave Hughes. I live in Phoenix, AZ, and have recently retired. My goal is to help you envision, plan for, and ultimately enjoy the best retirement possible.

Niagara Parkway - Jul 20 2013

2013-07-20 Thomas Nichols

Much has been made about the fact that the Baby Boomer generation (those born between 1946 and 1964) is now starting to retire.  Boomers are now ages 49-67.  Combine this with the facts that this generation was characterized by a high birth rate and our life expectancy is longer, and you have a formula for retirements that may last three decades or more.

Many employers across the United States are responding to this challenge in several ways.  Some realize that they will suffer a “brain drain” of experience-based knowledge, and are offering a part-time work option.  Some, including my employer, are offering incentives for people who qualify for retirement based on various age-plus-years-of-service formulas, to go ahead and retire early.  They realize, correctly, that some of us are just hanging on a few more years in order to reach age 59 ½, when we can start tapping into retirement savings, 62, when we can start collecting social security, or 65, when we qualify for Medicare.  (These are U.S. milestones; programs differ in other countries.)

To sweeten the incentive, my company has also engaged with Encore.org, whose purpose is to encourage people to have “encore” careers – second careers that generally involve civic involvement and non-profit work.  Their web site waxes excitedly about “inventing a new stage of life and work – the encore years – between the end of midlife and anything resembling old-fashioned retirement.”  Their goal is to “build a movement aimed at making it easier for millions to pursue second acts for the greater good.”  Their motto is “Encore careers – purpose, passion and a paycheck in your second act.”

...continue reading "Encore! Encore!"

Red rose with water droplets - Jul 17 2013

2013-07-17 Desmond Tutu

You’ll probably notice, in just about every article I write, that I am excited about what lies ahead for me in retirement.  My goal in writing this blog, and my hope for you, is that the information and commentary I provide will help you look towards your retirement more enthusiastically.

I have been looking forward to retirement for a long time.  That’s because I have a long list of things I wish I had more time to do – things I would really like to do with my life – if it weren’t for the fact that so many of my waking hours are taken up by my job.

Don’t get me wrong – I’m grateful for my job.  I work for a company that is creating amazing products that have changed, and will continue to change, the world.  They offer great pay and great benefits, and I work with many wonderful people.  I live a nice, comfortable life because of all that.

But it’s not what I really want to do.  It’s not what I’m passionate about.

I look forward to retirement because I envision it as a period of many years in which I can spend my time doing what I want – not what my employer wants.

Over the past few years, as my retirement grows closer, I’ve become an information sponge.  I read books, magazines, web sites, and anything else I can find that talks about planning for a successful retirement.

I realize that most people aren’t going to immerse themselves in learning about retirement to the extent that I have, so in this blog, I’ll pass along all the useful bits of knowledge and wisdom I come across so that you don’t have to.

I have found that 95% of all the information out there is about financial planning for retirement.  And it’s true that we should all be saving money for retirement.

But most information sources stop with that, as if to imply that having sufficient funds is all that is required to have a happy retirement.  We all know that money does not necessarily result in happiness during our work lives, so why are we to think that having enough money to fund retirement will result in a happy retirement?

...continue reading "What Do You Truly Want to Do?"

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2013-07-14 Simone de Beauvoir

I’m convinced that for many people, their retirement years end up being a lot like the preconceived notions of retirement that they held during their working years.

If you look forward to your retirement years as being vibrant, fulfilling, and happy – they will be. 

If you think retirement will be dull, boring, and beset with declining health – it probably will be.

...continue reading "Welcome to Retire Fabulously! How This Blog Will Help You Live Happily Ever After"