![]() The benefits of hobbies go far beyond simple enjoyment. Think things like cooking, woodworking, reading or fixing up old cars.Īs you near retirement, consider reversing that trend as time allows. In the bustle of a full-time job, family and other life commitments, it is hard to dedicate time to a hobby. As you age, your physical abilities will change, so should your interests. Or simply ask your friends to join a community center or gym together. Search online for groups or leagues in your area based on your age or skill level. One idea is to pick up pickleball, which is one of the fastest growing sports in America (opens in new tab). Get started: Choose a physical activity you may like to do into old age. So, if you plan to have a physically active retirement, join a sports league now to get into the game. Staying socially active can help you maintain good emotional health and cognitive function. The Department of Health and Human Services (opens in new tab) recommends adults get at least 150 minutes of moderate-intensity aerobic physical activity or 75 minutes of vigorous-intensity physical activity each week. ![]() Physical activity with other people is a way to kill two birds with one stone: It helps you stay healthy and socialize. Need some inspiration? Here are 12 ideas. Then you’ll be fully prepared to hit the ground running (literally, if that’s your thing!). You can even use those interests to create a more personalized financial plan (opens in new tab). To get a leg up on a happy retirement, start in the years before leaving your job by exploring the interests you want to pursue later in life. From traveling the world to helping people in need, there are a variety of activities that can give you meaning and joy in retirement (opens in new tab). ![]() Most older adults want a similar level of engagement and meaning as in their working years. The notion of retirement as a time of leisure is outdated. And one-third of retirees eventually give up on retirement and return to the workforce, according to a 2016 Federal Reserve study (opens in new tab). The average retiree in Britain grew bored after just one year, according to a U.K. But it is never too soon to begin mapping out the course of the rest of your life.Without a sense of purpose, the risk of dissatisfaction increases, and what should be a meaningful time becomes an anxious or uninspiring one. Dreams and goals that cannot be achieved with a single trip or project may translate into long-term, part-time employment or volunteer work. Workers who have given serious time and thought to what they will do after they retire will generally experience a smoother transition than those who haven't. Life planning is an important key to a successful retirement. These folks opted to postpone their retirement by months or years. Not surprisingly to me, more than a few clients, when asked these questions, realized that even though they might have been financially ready, they had not thought through some important non-financial aspects of creating their happy retirement. A few of the questions I ask to help clients explore their post-retirement identity are: How do you plan to spend your time? What are your hobbies? What activities will fill your days? Are people in your social circle already retired? Helping clients answer real post-retirement planning "lifestyle" questions ends up being an important aspect of full retirement financial planning.
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