8 Ways to Have a More Fulfilling Retirement

With retirement planning, we often see clients focus on the financial aspect. And that’s certainly understandable! But let’s shift gears for a few minutes, and talk about what you will do to make this time in your life fulfilling. Everyone’s retirement dream is different, but the following eight suggestions are known to boost satisfaction in a number of ways.

Consider a part-time job. A part time job can keep you active, lend a sense of purpose, increase connection to your community, and of course, help to boost your income with a paycheck. And the best part is that in retirement, you can choose a part-time job based on how enjoyable you find the work.

Volunteer. Volunteering provides many of the same benefits as a part time job. Plus, you will feel satisfied knowing that you’ve contributed to your community, helped protect the environment, or offered aid to those in need.

Learn something new. Are there topics that always interested you, but you didn’t have time to devote to learning? Or do you wish you had majored in a different field in college? Or maybe you just want to learn something fun, like watercolor painting or cake decorating. There’s no time like retirement to audit a class or even enroll in college classes for credit.

Focus on fitness. Now that you’re not stuck at a desk all day, you can use your free time to become more physically active. Fitness not only boosts your health; it can save you money on medical bills down the road! Plus, regular exercise contributes to a positive mood.

Focus on your love life. If you’re partnered, retirement is the ideal time to bring romance back into both of your lives. If single, get out there and mingle! Love does not have an expiration date.

Spend more time outdoors. You’re finally free from the office! Choosing outdoor activities can help you stay active, boost your mood, and even help to protect your immune system.

Downsize. Many of us feel smothered by too many possessions, without even realizing it. Take the time to clean out the garage or attic, donate things to charity, or have a garage sale. Reducing clutter can greatly benefit mental health.

Relocate. Now that you’re no longer tied to a particular location for work, you can live anywhere you want. How about a location with better weather, greater access to certain hobbies, or closer to family? You might simply prefer to live somewhere with a lower cost of living, so that your budget feels more roomy. Whatever your goal for retirement, relocation can often provide the way forward.

Hopefully these ideas have given you plenty to contemplate. But if you’re wondering how to adjust your retirement budget to accommodate your goals, give us a call. We can help you decide what is most important to you at this time in life, and then make a plan to achieve those objectives.