Maintaining Your Sense of Purpose in Retirement, #165

Retire With Ryan

So many 80’s kids fell in love with action movies because of the work of Arnold Schwarzenegger. Myself included! So I was delighted to discover the Netflix documentary Arnold, which details the life and career of the body-builder turned movie star turned California governor. What inspired me about this film was Arnold’s sense of purpose throughout all of his accomplishments. So on this episode, I’m giving you my seven takeaways from the Arnold documentary to help you maintain a better sense of purpose in retirement.

You will want to hear this episode if you are interested in...

• The legacy of Arnold [2:20]
• Love and retirement [3:22]
• Prioritizing travel in retirement [4:26]
• It’s time to think less [5:12]
• Developing new hobbies in retirement [6:11]
• Organizing your retirement [6:41]
• The benefits of volunteering in retirement [8:08]
• Should I get a part-time job when I retire? [8:58]

It’s retirement time!

One of the things that impressed me most about Arnold’s story is his origin. His father was a soldier in the German army during World War II and dealt with depression and alcoholism when he returned home. Arnold needed to find a sense of purpose outside the house and was welcomed by the gym community. The people he met and the belonging he felt made him obsessed with working out and set him on the path he is walking today. The same can be said for retirement: Community is so important! Whether you're spending time with family or have different social interactions, I think everybody in retirement needs a sense of community.

Travel was something else Arnold was really passionate about. From a young age he wanted to move to America, but it would take him a bit. His first big move was London, where he worked as a gym trainer and won strength competitions. As a retiree, travel should be at the top of your priorities. The first phase of retirement is referred to as the “Go Go” years because that’s when health and energy levels should be at their highest. Take advantage of it while you can!

Terminate retirement blues

It wasn’t easy for Arnold to get into the movie business. His poor English made it difficult to get roles, but he had a plan either way. All of his success from multiple Mr. Universe wins allowed him to invest in a substantial real estate portfolio and supplement business that made being a movie star a want instead of a financial need. When it comes to your own retirement, you need to be just as organized as you move into the next phase of life. Get a plan for retirement and stick to it!

Arnold eventually got his big break and was able to work in the industry he had sought after for years. For retirees, working can be a great source of purpose, community, and some extra income. The relationships you make in a part-time job can really enrich your retirement experience. Listen to this episode if you want to live…your best life in retirement!

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