When planning your retirement years, you probably spend a lot of time on financial considerations. It is good that you should do this, however, you should also put some planning into the type of life you want to live after you retire.
When you retire, you will still be young enough to be able to live the life of your dreams; travel, learn a new sport or hobby, build a new home. The great thing is you will no long be tied to a 9-5 job so you will finally have the time to devote to doing the things you love.
You probably know someone who has retired and complains of being bored and missing work because the days are long and empty. You can avoid ending up with the same fate by thinking ahead of the namy things you would like to do and plan for them just as carefully as you plan your retirement financial future.
Retirement planning isn’t all about money, although that is a big part of it. You want to ensure that you have enough saved up to be able to enjoy life in your later years when you finally free to devote your time to doing the things that you love. Retirement should be looked upon as a beginning of a new life, not the end of an old one.
One thing that will work in your advantage is the special rates and deals you will receive as a senior citizen. You can take advantage of discounts on everything from restaurant meals to automobile insurance.
Have you had a secret profession you wished you could work at when younger but knew you couldn’t live on the salary? In your retirement years you can work at what ever interests you and do it as a volunteer or for salary and not worry about the money or pleasing the boss. At this stage in life you can work to please yourself if it is what you want to do.
Perhaps you want to go back to college and get a degree. Retirement is a good time for that too since you won’t have such a hard time juggling classes with work and family. An added bonus is that many colleges offer classes for free to senior citizens.
And there’s also the obvious such as traveling. Whether it is by air or RV or cruiseliner, when you are retired, you don’t have to answer to anyone but yourself and can up and go where ever you want whenever you want as long as you have planned your financial future in such a way that you have the money to fund your goals.