It can be easy to feel down about retiring when you look at the crazy state of the world today. You might have watched the amounts in your retirement accounts dwindle during the recession, and only recently have they started to climb back up again. That might have had you worried.
The good parts about retirement, however, are the actual things you get to do in retirement. Once you can start to focus on those aspects, you’ll find that thanks to the retirement planning you did, you’ll be able to enjoy living in retirement.
Have you been so focused on getting there you hadn’t really thought about what you might do? Here are some thoughts to get you started, but please feel free to add your own.
Is there something you have always wanted to do but never really had the time to do it? Now is that time! Carpe diem! Think about:
If your retirement account took a huge hit during the recession and you are close to retiring, there are a few things you can do to help bolster your account and give you peace of mind in retirement.
This can be a great time to work on learning new skills or enhancing old ones. And those skills don’t have to be something practical that you need to use every day. You’re retired! You can learn an entirely new skill like a musical instrument or perhaps take a course on wine sommeliers. There’s also joining a book club so you can meet and discuss the latest best seller, or even rediscover an old classic.
Or, perhaps this is the time to get that master’s degree you have always wanted. No, you don’t need one, but why not challenge yourself while you have the time and get one?
Now this doesn’t mean trying to dress like a hipster or learning the new lingo, but what it does mean is staying sharp and keeping your mind at work. This ties into the learning section above – the more you keep your mind active and engaged, the longer you will tend to live and the happier you will be living it.
Every day during your work life, you had a reason to get up every day. You’ll need a structure in retirement, but that doesn’t mean the alarm clock has to go off at 5:30am every day. You can count that class you are taking, or the crafts you are doing.
You could even get into volunteering. Think of how valuable your years of experience will be to a teenager you mentor, or perhaps you can read to small children. You’ll have time to help build houses or deliver meals to shut-ins. The possibilities are endless.
The more active you are socially and the more friendships you can maintain, the better you will feel emotionally and you could actually add years onto your life. Most of all – be sure that you have someone who can check in on you. The change from working to being retired can be dramatic and it can even be an unexpected stress in your life. Maintaining a positive attitude goes a long ways towards enjoying retirement, and it can also help ward off depression. If you are noticing a change in your behaviour, you should seek professional help right away.
Your spouse or best friend can share in retirement with you and enjoy some of the trips you want to take, plus you might be inspired by some of the places he or she wants to go. This is also a great way for you both to stay healthy. The healthier you can be during retirement, the better your retirement time will be. Being healthy includes watching what you eat and doing some form of physical activity on a regular basis.
Now is the time to enjoy your later years! You’ve worked hard to get here, and you deserve it. For questions you might have about your retirement funds, we’d be happy to help. Contact us today.