When people leave the workplace, they lose a built-in social network. Studies show that retirees who are social active are not only happier, they also receive physiological benefits – lower risk of illness, better memory and improved cognitive abilities.
When people have more flexibility, travelling (beyond peak season!) often tops the to-do list. Look at travel as an investment with great returns – a chance to have fun, catch up with family and friends who live far of, try new things and learn about different cultures.
Beyond savings and pensions, pay attention to financial questions like insurance coverage, owning vs. renting a home, taxes, the need or desire for part-time work and more. The right decisions can help you to fund and live the retirement you want.
Volunteering is a way to share your time and talents and make a contribution. Volunteers get something back too – everything from a sense of purpose to new skills. Some surveys even show that volunteers live longer!
All sorts of discounts are open to people as they reach a certain age or belong to certain groups. Learn what perks are available and take advantage of cost-saving deals for everyday and special purchases.
Sign up for RTOERO’s FREE retirement planning workshops and plan the adventure of a lifetime.