I don't plan on retiring. Ever. All the retirees I know get bored within a few months and want to go back to work somewhere. Anywhere. Golf and fish and travel are not what everybody thinks they are.......
I am retired and I can tell you I have plenty of things to do here in the sunny Caribbean besides fishing and Golf (which I do not care for). Many hobbies, painting, computer graphic art, music and so many books that I will never get to read them all,and from time to time I give a little advice to local business people, and then of course there is FREEPING, LOL!
Maintaining a house here keeps you physically fit as you must continually fight the sun and salt spray in the air and there is the landscaping chores.
I keep my mind quite active and my body too, retirement is what you make it. Our days go by all to quickly!
Allow me to introduce myself. I'm Graybeard 58. Now you know one who isn't bored and has no desire to go back to work. I am as busy as I want to be and as lazy as I want to be. To me it's freedom. I retired in Dec. 1999 at age 54.
A good retirement means..., doing what you want to do..., when you want to do it! Unless someone has an all-consuming hobby or personal pursuit (VERY difficult to do if it doesn't already exist), a balance of reduced work schedule and other activities is the ideal. I've known many people who, having retired, have no idea of what to do AND..., if they don't go back to work or develop an all consuming hobby..., they just DIE!
No matter what you think you would really "Love to do" in retirement (regardless of your economic status), reality will set in in short order!
I can see that. I have a job with odd hours, which oftentimes leave weekdays free, and that can be boooooooooring! I plan to retire at 70...hopefully...