Explore the concept of Just-in-Time Retirement, an innovative approach to making the most of what you have for retirement. Forget about how much you should have saved – let’s focus on how to maximize what you do have.
What is Just-In-Time Retirement?
Inspired by the principles of the Toyota Production System, Just-in-Time Retirement is a revolutionary lifestyle plan that offers continuous improvement for your retirement. This value-driven plan is designed to be effective for everyone, regardless of their financial situation.
Our approach is simple yet transformative. We encourage you to treat your retirement as a business and determine what you truly value. This not only enables you to retire on your terms but also allows you to pursue your dreams and lead a fulfilling life.
Imagine a retirement where you have the freedom to do what you love, without the constant worry of financial constraints. With Just-in-Time Retirement, this can become your reality. Say goodbye to the limitations of traditional retirement plans and embrace a lifestyle of continuous improvement.
Through experience, we know that if you treat your retirement as your business, and decide what you value most, you can retire, follow your dreams, and lead a happy life!
One of the key advantages of Just-in-Time Retirement is its “lean” mindset. By adopting this mindset, retiring becomes an opportunity to confront your ego and create an experience based on value, rather than succumbing to fear and peer pressure.
Take the first step by reading the 4 articles listed below. They present a valuable method. So, delve into them sequentially to gain a comprehensive grasp of Just-in-Time Retirement.
How to Retire?
Amass a huge inventory of wealth and then go on a spending spree until you die.
This wealth is not to be built by normal means, it can only grow by speculating that others, just as ignorant, will continue to push the value of an investment ever higher.
According to conventional wisdom, we are supposed to retire by “Ponzi Scheme”. Some imagine themselves as winners. Most feel pathetic and left out.
Just-in-Time Retirement in a Just-in-Time World
Well, how do you teach an old dog new tricks? In most cases, maybe you can’t.
The way we conduct business has changed fundamentally over the last 30 years. Those that adopted these changes have the opportunity to thrive and those that couldn’t adapt to the new paradigm have stagnated or failed.
These principles apply to everyone. The retiree that fails to embrace the new paradigm, misses the opportunity to reap the rewards of “Just In Time Retirement”.
5S and Muda – Crucial Tools for Just-In-Time Retirement
For the older worker, a wage-paying job or career has no future. Using it to build an inventory (waste) of wealth to provide for an unknowable future hampers one from adding value to the life that ultimately follows the demise of the regular job.
Do you need the job, or is it a vehicle for increasing your portfolio in advance of your impending “permanent unemployment”?
Imagine that you retired today. How would you celebrate the occasion?
The quintessential act is to embark on a journey with no timetable. After all, no one is expecting you at the office, ever again!
One man that we met was embarking on his journey. As we pedaled past his campsite, we observed the notice across his car’s rear window that announced that today was the first day of his retirement. His travels had already begun as he burned up his vacation time. That being completed, this day was his first officially as a retiree.