A Retirement Blog by Caree Risover

The four of us went away for Christmas making an opportunity for some family bonding whilst avoiding the excesses of the Yuletide festivities at home. We escaped to the French Alps with its guarantee of snow at Christmas and skiing. There was a time when Mister E and I used to dream about spending winters in retirement in a chalet in a mega ski resort. Trouble is they were fantasies of two much younger people. We had a superb trip but the reality is that we can’t ski like we used to; we now feel the pain despite covering less distance. We don’t sleep well at altitude and have developed an aversion to going out in bad weather. We now trail along behind our younger family members whereas once we led the pack or, when they were very young, even skied with them between our knees. Our muscles were stiff in the morning and I still can’t bend without aching. Reality has crept in. Amongst the oldest people on the piste, skiing can no longer be the high priority for retirement that

The week before Christmas is always stressful as we juggle lunch hours with Christmas shopping; queue in the Post Office to send cards and parcels; worry about the food shopping and preparations as well as a myriad of other tasks, all whilst going about our ordinary business. It is of course made worse by the demands of work with deadlines to meet and those demanding them being all the more unreasonable in the knowledge that the world of business and commerce will virtually close for almost two weeks.  Mister E has not escaped this year's torture and as a result suggested that we might like to consider planning a luxurious getaway for Christmas next year, in order to celebrate our retirement. Ever the pragmatist I pointed out first of all that it was probably the busiest time of the whole year to travel and that maybe somewhere out of season before or after may suit us better. Besides I added, I thought it might be rather good to do Christmas properly for the first time in our

I am a reasonably fit and healthy person. However, as I move through my fifties, I am not immune to a touch of stiffness in the joints and my body is certainly not as flexible or as fast as it once was. Clearly health in retirement is going to be important and we are conscious that there is probably only a limited window of opportunity (hopefully a great big gaping French window) in which to pursue some of the more physically demanding adventures and activities that we would like to include within our retirement. Physical fitness aside, the spotlight on dementia today with the  G8 summit  also highlighted the risk of losing one’s mental capacity. Dementia is potentially the next big pan epidemic but if the  Health Secretary can deliver  on his ambition to find a cure by 2025, then I might just be safe. In the meantime there are apparently 100 things I and everyone else can do to try and diminish the risk of succumbing; all helpfully recorded by Radio 2 . Essentially

Last week’s holiday was a time to talk about what we both might want to actually spend our days in retirement doing. Now I have all kinds of aspirations involving horticulture and interior design as well as researching the family tree and taking up again various abandoned arts and crafts. For a long time however I have known that Mister E has harboured ambitions to cross large oceans in rather small sailing vessels. It was inevitable, therefore, that we spent some of our time on Gran Canaria peering at the boats in various marinas. I was relieved when Mister E confessed that he probably now has a greater sense of fear than in his younger days and perhaps the appeal of a transatlantic crossing is dimming. But Mister E is a dreamer and after a lingering visit to Puerto Mogan, he proceeded to tell me how comfortable the voyage would be with the Trade Winds with us (I loved the inclusivity of his description). Call me a coward, but I had to say that, as someone with “Day Sa

Mister E and I survived our first full-length holiday alone together since our eldest was born more than 22 years ago. We stayed in Meloneras on Gran Canaria. We did, of course, miss the children and realised just how reliant on them we can be; when lettering is small or speech is very quiet we have clearly got into the habit of asking them to decipher for us. Fun times when we were both struggling to read the air conditioning settings in our hotel room and we both put reading glasses on especially! We didn’t feel unduly old; most of our fellow holidaymakers seemed to pass their day perambulating on the promenade, taking in the sea air and then sipping iced coffee whilst watching others stroll. On our part, we were quite proud of our ability to throw off the crowds on parade as we walked that extra mile or two. Mister E insisted on setting his alarm clock for fear of missing breakfast which finished at 11am, meaning that on two occasions we were even first down

Well the meeting with the adviser went well yesterday in so far as he didn't decry us for our stupidity or impossible dreams. Instead we've just been given piles of homework and options: groan...groan!   Never mind, and whilst we didn't actually consult the Doctor, we are now off on a practice run. A week in the sun together; no children, just Mister E, me and a pile of books. I would say no worries, but we are leaving our home in the care of the next generation and just keeping our fingers crossed. A good practice for them too.

According to the magazine that arrived in the post for me today (Money Matters by Armstrong Watson accountants) your 40's is the golden decade for retirement planning. That's when you should be putting as much as possible into your pensions to give them a chance to grow before you retire. Well it didn't work for me. In the first half of that decade I got caught by the collapse of Equitable Life. Then I got very disillusioned with the returns on the fund transferred and invested in other schemes and probably didn't contribute as much as was prudent. Finally, right at the end of that ten year period, recession struck and decreased again the value of my pension fund. I'm afraid it was at that point that I began to look at the mattress on my bed and appreciate why in days gone by people would hoard their funds under one! Fortunately Mister E is one of the dwindling number of people with access to a final salary pension scheme (albeit deferred many years a