Age 55, Retirement Preparation Starts Here! Lessons from 'The Retirement Chronology'

Understand the differences at each age and prepare for the challenges of each decade.
A book that is useful for this purpose is Shota Yokote's book 'The Retirement Chronology'.

This book organizes the events and
troubles that are likely to occur in the second half of life from age 50 to 100 by age. I found it very helpful myself, so this time I will introduce the

overview and key points for age 55 from it.

👇 Click here for the Kindle version (e-book) 👇

Age 55 is the milestone for 'mandatory retirement from management positions'

Age 55 is the age when mandatory retirement from management positions occurs in many companies. It is not uncommon for people to be removed from their positions during this period and see their

salary decrease compared to their prime working years.

Also, it is a time when job satisfaction and social roles decrease, making it easy for
mental stress and a decline in motivation to occur.

Preparations required at this time

'The Retirement Chronology' positions
age 55 as an important turning point where retirement begins in earnest. Specifically, the following preparations are necessary.

• Diversification of income sources: Accepting cuts in salary and position while creating new reasons for living and pillars of side income

• Strengthening health management: Building a body that can continue to work energetically both mentally and physically

• Concrete life planning: Clarifying how to use housing, money, and time in the second half of life

Age 55 is the timing to review your work style and lifestyle to date, and to
start thinking seriously about 'how you want to live from here on'. Early preparation will greatly influence the rest of your life.

👇 Click here for the paperback (softcover) version 👇

Please enjoy past articles as well.

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