We work to plan our lives out, think we know how it will all end up. But what about when it doesn't. What next? For the Orton's it was a mini-retirement.
A MINI RETIREMENT?!
A mini-retirement is a temporary break from work or career responsibilities that typically lasts between six months and two years. Unlike a traditional retirement, a mini-retirement is intended to be a short-term break that allows individuals to step away from their current life and explore new opportunities, interests, and experiences.
During a mini-retirement, individuals may choose to travel, learn a new skill, volunteer, or pursue a personal project or passion that they have been putting off. The idea behind a mini-retirement is to take a step back from the daily grind of work and routine, and to focus on personal growth, self-discovery, and rejuvenation.
Many people choose to take a mini-retirement during their mid-career years, when they have established a solid financial foundation and are looking to recharge their batteries and gain a new perspective on life. A mini-retirement can also be a great option for those who are feeling burned out, stuck in a rut, or simply looking for a change of pace.
Overall, a mini-retirement is a unique opportunity to step out of the rat race, re-energize, and explore new opportunities, while still having the ability to return to one's career or work responsibilities at a later time.
Learn More about the Ortons
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Telton W Hall, CFP® is a husband, father, retirement planning expert, small-town-boy at heart, nationally published author, sought-after speaker, former college basketball player, founder/owner/team member of Utah based Advanced Financial Planning LLC, hiking enthusiast, Jesus follower, business leader, team builder, and to the core Telton is an educator.