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Hello! And thanks so much for taking the time to explore my blog!

As you may have read on the About Me page, I started Live Well Anyway to document the somewhat unconventional retirement planning strategy I decided to implement after my finances were obliterated following a business failure.

Why is it unconventional?

Because it doesn’t make accumulating huge savings the top priority.

Instead, I have come to believe we should focus most on reaching our chosen retirement age (not necessarily 65!) with four foundational assets in place:

  1. Excellent health;
  2. A solid social network;
  3. A clear sense of purpose; and
  4. The knowledge required to fully maximize our annual income (whatever that number may be).

And here’s the best part: accumulating these particular assets doesn’t require any money at all.

In fact, there’s only one sure way to build them.

By investing your time – something we all have in equal measure.

I also think there are ways to invest your time so that you can live well, even on a minimal budget.

So, while I do intend to save as much money as I can over the next 10 to 15 years, my primary focus will be on consistently investing my time, in order to:

  • Build good mental and physical health. Because who cares how much money I have in the bank if I am too ill (or too dead) to enjoy it?
  • Strengthen my social network. Study after study shows that this is the key to a happy, healthy life (especially as we age).
  • Identify and develop meaningful interests to ensure I stay engaged with the world.
  • Learn to prepare delicious, low-cost meals. Making and sharing good food is a major source of happiness for me. Also, I have to eat and am not at all willing to lower my (admittedly high) standards in this regard.
  • Develop other money-stretching skills, such as the ability to make items like cleaners, toiletries and gifts, perform minor home repairs, or start a side gig.
  • Figure out where I’m going to live. (Given the affordable housing crisis that’s plaguing most of Canada, I suspect this will take some creative thinking and an adjustment in expectations. A tiny home? Cooperative or multi-generational living? Nomadism? No possibility is too far-fetched to be considered!)

I also plan to spend some time researching Canada’s universal pension plan and related social programs, in order to maximize the related benefits.

Because I’m not saying that money is of no importance in building a satisfying retirement – just that other components are more important.

Next Step: Begin Laying the Foundation for a Rich Retirement

Want to learn more about how to invest your time to build a truly rich retirement? i.e. one where you feel great, are surrounded by loved ones, and generally enjoy life’s pleasures?

Read these “pillar” posts, which describe the basic tenets of How to Plan for a Rich Retirement (Even If You’re Cash Poor).

Why A Solid Fitness Habit is Your Most Valuable Retirement Asset

How to Build A Low-Cost, High-Value Retirement – Part 1

How to Build a Low-Cost, High-Value Retirement – Part 2

How Investing in Your Social Life Pays Priceless Dividends