Having enough money saved up is only one part of the retirement puzzle. If you’ve saved up, made smart investments, and as a result, money is not an issue, then you have eliminated one major source of stress during retirement. Being financially secure is great, but there are things that money can’t buy, like happiness. Have you given any thought to what you would actually do once you’re retired? Before you retire, here are some tips to ensure you live a happy retirement.
Planning for Fun
Do you have any hobbies or interests outside of work? Because the image of seniors on an endless vacation, travelling every day, is most likely not financially feasible for you. Are you currently active with a group of friends on a regular basis? Because it’s nice that your wife or partner is your best friend, but they can’t be your only friend. These are some questions you need to ask yourself before you even think about retirement.
Finding New Purpose
Whether it’s golf with friends, working on your garden, or starting a woodworking project, you need activities that you’re happy to do on a regular basis. If you’re a family man, spoiling some grandkids never hurt anyone. If you’ve been too busy working all these years and haven’t had a chance to see a movie or TV show recently, you have a lot to catch up on. Go to school, take a class, learn a new skill, it’s never too late. Structuring these kinds of activities over time before you retire will help you avoid the dreaded question: “What am I doing today?”
Retire on your Terms
Being forced to retire is no fun because you may feel like you have more to contribute and want to continue your career into your old age. Worse is being let go right before retirement and being unable or unmotivated to look for another job in the meantime. Both of these potential problems have the same solution, education. Whether you’re not satisfied with your current position, or simply enjoy the act of learning, gaining new skills will help you retire when you’re good and ready. Making yourself more valuable is not only good for your pocketbook, but also great for your self-esteem.
Having the Right Equipment
As you get older, your body might not work as it used to. You’re having trouble hearing at times, your breathing is more laboured and shallower, maybe your eyesight is as 20/20 anymore. There are solutions to all these problems. You can easily buy a hearing aid online from ListenClear or even a portable oxygen concentrator from Inogen. If you’re looking to save money on prescription glasses, a vision benefits plan from Cared and Covered can help.