I’m certain you don’t want to see endless photos of my time at the ocean. I am, however, certain that you’d like to make your own retirement the best it can possibly be. That takes planning. You have to envision your retirement years and you have to plan to somehow make it happen.
The New Retirement website offers these 65 ways to make your retirement dreams come true. I can’t list them all here but you can go to their website by clicking here. I can, however list a few hints.
A happy retirement is no longer really about sitting with your feet up and watching the rest of the world whiz by. Many people now think that retirement is a time for embarking on one of life’s greatest adventures. This is the time to do what you want with the experience-laden good sense to appreciate it.
Here are the top 5 tips:
1. Have a Sense of Purpose and Meaning
Make every day meaningful. Oxford University suggests that a meaningful life lessens the effects of aging. And, research from Patrick Hill and Nicholas Turiano found that people who have a sense or purpose or direction in life outlive their peers.
In fact, people with a sense of purpose had a 15 percent lower risk of death, compared with those who said they were more or less aimless. And it didn’t seem to matter when people found their direction. It could be in their 20s, 50s or 70s — even when controlled for other factors that affect longevity like age, gender and emotional well-being.
The study found that a sense of purpose led to a longer life. Explore 4 ways to find meaning and purpose for retirement.
2. Create the Best Retirement Plan Possible
Most people have lived their lives day to day, month to month, year to year.
However, retirement is the time to have the best plan possible. You want to spend this time of your life doing what you want to do and you want to make sure you have the finances and wherewithal to achieve what is important.
3. Make Friends with Your Future
Perhaps the best way to plan for retirement is to visualize your future — really think about the details of who you will be, where and why. Being able to imagine now who you will be in the future and what your needs and desires will be at that time is perhaps the most important aspect of planning.
Explore these 7 ways to visualize your future so that you can create and achieve a secure and happy retirement!
4. Think Health Not Wealth
More than 80% of today’s retirees say health is the most important ingredient for a happy retirement, meaning that the majority value good health even over financial security. According to a Merrill Lynch study, “Americans age 50+ cite health care costs in retirement as their greatest financial concern, regardless of their wealth level. Yet the vast majority of people have not factored health care costs into their retirement planning.”
So, the best retirement plan involves not just your finances but also ways to stay mentally and physically healthy. Gardening, walking, joining a gym, eating healthy are all proven ways to stay physically healthy. Staying vital, having a purpose and challenging yourself mentally are great ways to maintain your mental health.
5. Trade Time for Money
If you can live on a little less than you have been planning, then retirement can be a lot closer than you might have thought possible. Cut expenses dramatically and the time to retire might be tomorrow.
Here are 20 ways to cut costs related to being rich in time!