We look at life as a series of transitions from the time we are born to the time we leave this earth.
The key idea is that life is broken down into four main ages.
The First Age spans 20 to 25 years from the time we are born until early adulthood. We spend this time learning about the world as well as learning about ourselves. Our view of the world is shaped by the social context in which we are raised. We learn how to navigate through life. It’s the age of preparation for what is to come later on in life.
The Second Age is where we spend most of our living years typically 30 to 40 years. It's when you mature and start using many of your skills to advance in your career. It is also the time when most people start families and begin to understand what being an adult is all about. Its the age of accumulation – skills, family, career, savings and experiences.
The Third Age – the focus of Retire With Possibilities – is the age of fulfillment. No longer are career advancement, financial gain and child rearing the main focus of our lives. We are now exploring what to do with our freedom and have the ability to do what we find interesting and purposeful as our time commitments wind down. This phase of life typically lasts 20 to 30 years.
The Fourth Age marks the age of completion of anything we have left undone in our life. It typically starts once our health declines in a significant manner and the end of life is in sight. This phase may be short-lived or last anywhere from 10 to 15 years. The focus in this stage is that of acquiring peace of mind and leaving the type of legacy to the people we love.
Who we are
My name is Eric J. Weigel and I am the founder of Retire With Possibilities. In my late 40’s I went through some tough personal times which made me think about where my life was heading. I discovered that I had for too long been focused on providing for my family without really thinking about what I wanted out of life.
When my personal circumstances changed and the path that I thought I was on was no longer a reality I started thinking about the next stage in my life beyond a career and child rearing.
I started thinking about living abroad again. I started thinking about my finances more seriously. I started thinking about how to stay in better shape. I started thinking about hobbies that I once had that had somehow disappeared as I became an adult. In sum, I started thinking about all the issues that our generation is facing as we approach our Third Age.
I see myself as an individual with many interests and aptitudes. Sometimes I think that is confusing but for now my day job is that of a wealth manager helping mostly baby boomer with retirement issues. I write on a number of topics involving all issues surrounding retirement.