Do you still want to be teaching at 67 or 68?
This is the question that has been going through my mind a lot in the last few years and I just don’t think I can!
Since having children I have cut down my teaching commitment to 0.4 and realised that this has a huge impact on my early retirement plans. I just can’t see myself still teaching PE when I am 67, (or it might be 68 now, given the latest government proposal), but won’t have enough of a pension to be able to take early retirement from teaching before then. After wracking my brains for possibilities, I eventually settled on starting Your Money Sorted, a business helping other professional women to identify what they really want from their lives and helping them to put in place the financial plans that would allow them to achieve these dreams.
I have been working so hard for the past couple of years teaching, bookkeeping and trying to grow my business. With 3 kids, a teaching job and 2 family businesses to run, being constantly on the go seems to have become the norm for me. With all the added end-of-term madness, I always hit the holidays feeling totally burnt out, stressed and in need of a HUGE break.
Does that sound familiar to lot of you?
I love teaching and love working with the students, but boy is it tiring?
I really felt I NEEDED my holidays (again I am sure that will be familiar!), just to keep me sane and after a couple of weeks in the sun I felt pretty damn good. Other than resting, reading and relaxing, often with a very large gin, I did next to nothing!
The plan was that I would come back, refreshed and raring to go! Well, I came back feeling refreshed, but raring to go failed to materialise! I came back so relaxed that I couldn’t be bothered doing anything to grow my business. I had planned that the holidays would give me the chance to get caught up on the massive list of tasks that I need to complete, but the holidays were skipping past and the list was getting longer.
My motivation seemed to have dipped and I was really struggling to get it back. Everything just seemed too much bother! That holiday feeling was winning!
How could I get back on track? I tried writing to-do lists, reading through marketing course work and trying to answer the questions, forcing myself to sit at the PC, then staring blankly at the screen. Nothing was working. I just couldn’t be bothered.
Then I thought about what I would tell my clients, who are struggling with motivation:
“Focus on the view from the top of the mountain!”
I encourage them to think about what they REALLY want out of life and out of their money and ask them to think about what their 10/10 life would look like.
If you apply this to your situation and focus only on this view, you will then be PULLED towards your destination. This is so much more powerful than standing at the bottom of the mountain looking up at the huge climb that is ahead of you and feeling that it is just too hard a journey. By focusing on the view from the top you will be so motivated and excited about what is ahead of you that you can easily make the steps that are required to get you to the top.
So…………….I went camper van shopping! Dougie, my hubby, and I stood discussing the merits of various different camper vans, chatted about how we can finance our dream and actually felt that MASSIVE feeling of excitement inside when we thought about driving out of our driveway at the start of our year- long European adventure. It’s another 9 years away, but…….. OMG – we really are doing this!
My motivation levels were definitely back and I skipped out of bed at 7am (giving myself an extra hour in bed just coz it’s the holidays!) ready to start my day and make my dreams come true.
What about you? Do you have the right mindset about retirement or do you just keep putting it to the back of your mind and hope that it will all work out in the end?
Teacher early retirement
Through running online Your Money Sorted courses, I can help lots of women to achieve their dreams, while also helping me to achieve mine. I can already see myself sitting in the sun, outside my camper van, coaching and encouraging my clients as we both log in to the courses from opposite sides of the world.
Currently I just love the freedom and flexibility that my business gives me. Even more than that I LOVE the fact that I can help other women to reassess their priorities in life and can help them to transform their feelings about money, creating a life that they too LOVE.
Anyhow, as the weeks were passing I knew that it would soon be back to the usual busy school/business routine, and I really needed to get through that list of tasks. Again I then took the advice that I give to clients – TAKE ACTION! Don’t spend too long thinking about about it – JUST GET ON WITH IT!
What can you do?
If you are a woman who doesn’t want to be in a stressful teaching career until you are 67 or 68, but are unsure what to do about it, then come and see how I could help you to make some changes to your life now. By rewriting your money story and thinking about what you really want from life, you can create the life that you dream about!
A great place to start is by working out whether or not your pension will allow you to take early retirement from teaching. This free download will lead you through a step-by-step process which will make it simple and easy to understand.
Interested, but would like to see what the free download includes?
Pop over to my fun and friendly only Your Money, Sorted FB group where I aim to help female teachers to become happier, healthier and wealthier.
I am Eileen Adamson, a Your Money, Sorted coach, working online with UK based women, helping them to develop a better relationship with money. By gaining an understanding of how their personality affects the decisions they make, I can help them to implement changes which will allow them to feel calm, positive and confident that they are in control and making good financial decisions. I can then support them to put into place simple strategies that will allow them to manage their finances effectively on a daily basis and create a stable, secure and exciting future for themselves.