168 hours in a week! How do you spend your time?
 

From the super wealthy billionaires to the ordinary person in the street we all have the same to spend each week in life now and retirement. All of us have 168 hours a week.

 

How do you ‘spend’ your time?

 

Do you feel like there is never enough time in the day, or are you sat around trying to find ‘stuff’ to do to fill your day/week?

 

During our working lives with sleep and work hours we can expend a lot of the 168 hours, add in family time, hobbies, some learning and social time you will probably fill the 168 hours quite easily by balancing all of the above to suit you.

 

Will this be the case though in retirement?

 

Without a plan you may find you are stepping into retirement rudderless and without purpose.  Suddenly having to fill c40 hours a week of work time straight into leisure time is a big jump.

 

We find that taking the time to calculate how your ‘invest’ your time now can help.  Looking at how many hours you currently spend on family/friends, Work, relaxing, sleep, health and hobbies.  Then imagining how this balance of hours spent would look when you retire from your current work and how this would look then.

What activities that you do now would you want to continue into ‘retirement’?

Understanding this and working through this exercise can help you be able to see one, what is affordable for you to continue when you stop work or at least slow down and two, how much of your ‘168 hours’ have been left unspent!!

To learn more about this and to properly help you plan for the next phase of your life please do get in touch with Oyster.