If you are planning for retirement in 2020, you may be excited about the next stage of your life. With more time to do the things you love, this is your opportunity to relax and plan for a smooth transition.
While retiring is a milestone you may feel positive about, the changes to your daily schedule can take time to get used to. To make the most of your golden years, we have compiled a list of strategies that you may like to consider:
Take Up a New Hobby
Have you always wanted to learn to draw, play guitar, or bake delicious food? If there is something you have been putting off due to lack of time, get started when you retire! Don’t forget, gardening is a fulfilling way to spend a sunny afternoon and can be good exercise.
Sometimes those who no longer have a regular work routine enjoy having scheduled activities throughout the week. This is a great way to stay connected to the community, and have something to look forward to. Activities might include fitness classes at a gym, lawn bowls, volunteering, dancing, craft, tennis, or a book club.
Stay Healthy and Manage Your Insurance
When you are close to turning 65, Medicare is something you should investigate. Your health should always be a priority, and as you get older your needs will change. The best time to sign up is before your 65th birthday, and going through a private, Medicare-approved insurer such as Anthem will give you more healthcare choices and benefits than just original Medicare.
In addition to health insurance, you should try your best to keep active. The type of fitness you do will depend on your abilities, but even something as simple as walking daily will be great for your fitness and mental health.
Spend Time with Loved Ones
When you retire you will have more time and this can be spent with those you care about. If you are lucky enough to have children or grandchildren they may be a priority. For those who are single, having friends will ensure your retirement isn’t lonely and you can still get regular social interaction.
If you have family on the other side of the country, or the world, this could be the perfect time to plan a holiday and reconnect with those you miss.
Tick Your Dream Holiday Off Your Bucket List
Is there an adventure you have always dreamed of? When you retire you will have the opportunity to explore your local region and international destinations, as you tick items off your bucket list. It could be seeing snow in person, swimming with dolphins, or visiting Morocco. The holiday of a lifetime could be waiting for you with some forward planning and financial management.
It is never to late to travel, and if you are on a budget you can do this by road or train!
Planning for an Enjoyable Retirement
When it comes time to plan your retirement, it can be both exciting and daunting. Why not make this a stage of life where you learn new things, travel, and reconnect with those you care about.
Your health should be a priority, and you can manage this with regular exercise and eating in moderation. When you turn 65 you will be eligible for Medicare, and this is something you should try to plan in advance.
