In the United States, about 10,000 people turn 65 every day.
If you’re ready to start your retirement, you want to make sure you make the best out of your golden years.
In this article, we’ll share with you ten tips for a happy retirement.
1. Spend Time Traveling
After all those years working hard and saving for your golden years, it’s time to finally enjoy them.
If you waited your whole life to take your dream trip, this is the time to do it.
It’s important you take the more exotic and long distance trips early on in your retirement. Whether you like to think about it or not, health in your later retirement years might be an issue if you want to travel far away.
Make sure you take advantage of your great health and travel early on. So take that African safari, go on a cruise, or hike a mountain.
2. Make Time to Exercise
Retirement doesn’t mean you should sit in the living room chair and enjoy some good television. If you want to make the most out of your retirement, you should continue exercising.
A sedentary life without physical activity is not good for you. In fact, exercise is one of the best things you can do for your body.
Exercising can help you have stronger bones, joints, and muscles. It also lowers your blood pressure, reduces anxiety, depression, and even lowers the risk of heart disease.
3. Retire Somewhere You Like
Once you retire, you won’t be tied to a job or other responsibilities. This means you can live anywhere.
Make sure you retire somewhere you always dreamed about. This could be your opportunity to move by the beach or to the country.
When you first retire, you might not be ready to live in assisted living. During your early retirement years, you could look at assisted living to plan for the future.
Make sure you learn the facts about assisted living before you make a decision.
4. Take Care of Your Nutrition
If you want to have a happy and healthy retirement, one of the best things you can do is take care of your nutrition.
While you might want to splurge on a cheat meal here and there, make sure you keep your diet balanced. Stay clear of fast and unhealthy food, instead, take joy in cooking healthy meals.
If you don’t find eating and cooking healthy foods as exciting, you should make fun. Take advantage of firing up the grill in the summer or learn to cook some new healthy recipes.
5. Keep Your Mind Healthy
During retirement, it’s important to not only keep your body healthy, but you also need to do it for your mind.
There are very simple things you can do to keep your memory and concentration sharp. Doing simple things such as reading a book or the Sunday crossword puzzle can do wonders for your mind.
If the last thing you want to do is feel like you’re getting old, you could take on other activities to keep your mind sharp. You can take on a new hobby such as learning a new language, take a painting class, write the book you wanted to write, or join a book club.
All of these activities will keep your mind sharp and healthy.
6. Take Charge of Your Finances
While it seems like you waited your whole life to enjoy retirement and spend freely, you still need to make sure you’re spending it wisely.
Make sure you have an idea of how much money you spend every month and create a budget for yourself. This is of most importance when you first retire and want to spend your hard earned money.
Although many people would like to think of retirement as a long vacation, the truth is even while retired, you need to live within your means. Sticking to a healthy budget can set the tone for your retirement.
7. Stay Active by Getting a Part-Time Job
If you were one of those people who were always on the go, it might be hard to get used to retirement.
For those who find it difficult to stay active during retirement, it could be a good idea to get a part-time job.
Having a job will keep your mind sharp, allow you to socialize, give you a sense of purpose even if you don’t need the extra income.
Retiring in your 60s means you still have a few decades of life and health ahead.
8. Make Time for Your Loved Ones
Once you’re retired, it’s time to enjoy the company of your loved one to the fullest. Take advantage of this time to spend time with your family.
If you have grandchildren, spend as much time with them as you can. Take them out for ice cream, attend their school functions, and give them all the hugs you can.
This is the time to connect with your children and any other distant relatives you might have lost touch with along the way.
9. Keep Your Emergency Fund
Even in retirement, you still need to have an emergency fund. Keeping an emergency fund separate from your retirement savings can help prepare you in case of unexpected expenses.
Having a separate emergency fund will protect your retirement fund from being subjected to taxes if you withdraw money in case of an emergency.
Retirement doesn’t mean you will no longer have emergencies, on the contrary, you might have more unexpected medical expenses.
Keep a few months worth of expenses in your retirement fund.
10. Plan for the Unthinkable
Although no one likes to think about their death, you should plan for the unthinkable. Make sure you leave an estate plan or will. You will feel better knowing you have everything figured out.
It’s Time to Have a Happy Retirement
Keep these tips in mind and you’ll be one step closer to making the most out of your retirement years.
If you want to have a happy retirement, you should have an emergency fund, make time for your loved ones, and live a healthy lifestyle.
Want to think about how to better prepare yourself financially for the future? Check out this article.