Why this former financial planner retired early and learned to play the ukulele

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Why this former financial planner retired early and learned to play the ukulele
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Doreen Smith retired at age 62 after seeing too many people die sooner than expected. ‘I wanted to retire while I was still active.’

In Tales from the Golden Age, retirees talk about their spending, savings and whether life after work is what they expected.I retired in 2016 at the age of 62 after working for almost two decades as a certified financial planner. In my work, I came across many people who died years earlier than they expected. Nobody knows how long they’ll live or be healthy, and I wanted to retire while I was still active and able to enjoy life.

To me, it’s important to be social, especially in retirement. It often means stepping out of your comfort zone to meet new people and learn new skills. In 2021, when the pandemic limited socializing, I taught myself to play the ukulele. I had always wanted to try it. A year later, after being unable to find a local ukulele group, a Kelowna seniors’ centre asked me to start one and lead it.

The rising cost of living hasn’t been a problem for us in retirement. We were prepared financially, partly because we have always lived within our means and prioritized saving and investing. We also like to shop for items when they’re on sale, in particular groceries. Plus, we save money in retirement because we’re not driving to work and don’t need to buy lunches or clothing as often.

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