The idea of retiring completely is out of date. Because of a longer and healthier life, retirement has become a transition from full time to part time work. It is important that the work is meaningful and benefits others as well as yourself. If you have the choice of choosing the work you do, and likely you do as you work less, make sure the work is at least enjoyable or helping others. It is very important to plan for this transition well in advance. Decide whether you simply want to work less for money or whether you want to volunteer your time and skills. Staying in the workforce will help keep you alert and sharp and will help others. There is a honeymoon period when you decide to retire. What are you going to do after the honeymoon?