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Traditional retirement looks like this–work until you’re 65 or so, and then stop working until you die. More recently, views of retirement have begun to change, as more and more “retirees” are forced to work long after 65. There is a major problem with this approach to retirement, which I’ll come to in a moment. But first, how would you answer the following question: How much of your life today is spent doing what you want to do when you want to do it?

If I were to answer that honestly, the answer would be somewhere around 20%. Yuck! And I don’t hate my job. I wouldn’t work where I do if I were independently wealthy, but I have a good job, work with good people, and earn a good wage. But I still work. I still get up five days a week, spend one hour getting ready for work, spend 50 minutes commuting to work, spend about nine hours at work, and then another 50 minutes returning home. Under the traditional views of retirement, I will keep doing this same routine for the next 24 years, then I’ll stop cold turkey and do who knows what until my end of days.

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Traditional retirement is so 1990s. Work hard until you’re 65+ and then stop working cold turkey. Why? Where’s the balance in that approach to your working years and your golden years? Why not ease into retirement beginning much sooner than 65? You’ll get to enjoy more free time earlier in life while continuing to generate income. At least that’s my plan, which I call Slow Motion Retirement (or SMR). Here’s how it works, followed by some tips to make it a reality for you.

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