When thinking about retirement, most people focus on the financial side of things? “Will I have enough money to do the things I want to do? What happens if I run out of money and can’t meet my basic needs?” Those are the kinds of questions that often create anxiety.
While the money part is definitely a primary issue, there are other aspects to consider before you make the final decision to retire. Here are a few pointers that can help you create a retirement that you’ll fully enjoy.
Who are you and what do you want? Take the time to really evaluate who you want to be. You’re not working fulltime anymore, so your position, company, and coworkers no longer limit your self-definition. This is your time and you get to decide who you are! Retirement offers the perfect opportunity to try new things and craft a lifestyle that you find most appealing.
Where do you want to live? Do you want to remain in your current home or make a move? Some people find that retirement communities are an excellent choice. Many communities offer both homes and apartments and include meals, maintenance, housekeeping, and activities. More importantly, you’ll be living with people your own age. While you can mix in some younger or older folks, those in your own age group are likely to be more interested in doing the same things you find interesting.
How will you structure your days? Upon retirement, some people find that they’re just drifting through their day with no real plan. Television has become their new best friend and socializing is a thing of the past. Before you retire, have a plan to stay active and in touch. If you’re the only one in your circle of friends who has retired, it’s a good idea to work on meeting some new people. Visit some local clubs. Check out listings online or in the newspaper. Get involved.
Is working part-time a possibility? Although you’re retired, a part-time job could give you a sense of purpose, while bringing in a few extra dollars. Before you settle on a particular job, consider the number of hours and commitment you’d like to give to a new venture. Also, think about what you like to do and incorporate that into your plan. Decided it really is time to retire? Congratulations. You’ve worked hard and now it’s time to enjoy what’s ahead.
