Retirement Onboarding - The Ideal Lifestyle for the Retiring Contractor

Do you know how you want to spend your first day in retirement?

Sue Weiler-Doke Profile Picture
Share
Contributors David Brown Profile PictureDavid Brown

Will you be up with the sun as usual or do you intend to relax with a cup of coffee and the news? If you’re like most business owners, these are some of the questions that keep you up at night while you are contemplating retirement.

You have most likely spent 50-90 hours per week, every week, during your career getting the company up and running and working to keep it running. Now is the time to look up, look around, and contemplate how you want to spend the rest of your life.

This isn’t just about how to spend your time. This is about how to live fully in the life you have. Work-life balance has probably mostly been work. Now is the time to see that work-life balance is really all about life. Time at work and time away from work have to co-exist.

What passions do you have? Is it travel? Is it industry advocacy? Is it family time? A good way to prepare for the additional time available to spend on your retirement endeavors is to give it a test drive before you retire. Do you really want to spend weeks traveling or are you just in love with the idea of wanting to travel? Plan some trips and see how it goes. If you love it, then keep doing it. If you don’t, move on.

This is Part 4 of a 15-Part Series


Topics Covered in the Series Include:

  • Integrating Other People and Processes
  • Issues Specific to Contractors
  • When is it Too Late to Start My Retirement
  • The Construction Retirement Masterpiece
  • Success & Risk

Interested in learning more? Contact us.


Retirement Onboarding - The Ideal Lifestyle for the Retiring Contractor
Retirement Onboarding is something that construction business owners must regularly be working on for themselves and other key team members....

Retirement Onboarding - The Ideal Lifestyle for the Retiring Contractor
Retirement Onboarding is something that construction business owners must regularly be working on for themselves and other key team members....

Taxes - 4 Critical Aspects
Your taxes are most likely one of your top three expense categories. There are four critical aspects to them, starting with strategy, then modeling and planning, management, and preparation and filing. All are important and must work together over time.
Always Do the Math and Build Your Own Models
You will learn more in the process of building and refining your own models than you will in just reading 1,000 headlines. How much time do you spend developing your own models as a mechanism to learn?
Production Tracking - Changing the Language
Your productivity will start to really improve as it becomes a culture and not just a tracking system. You will first notice this as a change in language in the field and across the whole project team.