There are quite a few variables to consider when striving to retire successfully, so prioritizing smart and efficiently is the biggest key.
Factors such as planning and preparation, maintaining good mental and physical health, having a purpose after retirement, being flexible and adaptive, and relationships and social interaction all play large roles in successfully retiring.
In this article, Charlie Eissa will explain each factor to consider for retiring successfully and how to nourish each area of retirement to accomplish this goal.
Planning And Preparing for Retirement
To retire successfully, planning and preparing is a must! It is recommended that those interested in retiring without a hitch, plan and begin retirement preparations such as saving money and sticking to a budget, knowing what will be needed during retirement and planning for those needs financially.
Additional ways to prepare for retirement include:
- Set up a will and advance directive
- Follow retirement and personal finance blogs
- For the tech savvy, download money-saving apps
- Think about possible retirement employment to keep busy
- Pay off as much debt as possible as quickly as possible
- Utilize a 401(K)
- Identify and plan for retirement dates
- Start planning and preparing for retirement as soon as possible
- Begin investing aggressively
- Setup automatic investment bank transfers to avoid delays in investing and reduce spending
Maintaining Good Mental and Physical Health
One can only enjoy a successful retirement if they’re healthy. It is of great importance that those wanting to enjoy their retirement put a big priority on maintaining their physical health with exercise and refraining from harmful substances and inflammatory diets. Retirees should also get regular physical examinations from their doctor, take vitamins, and stay hydrated.
Additionally, they should care for their mental health by seeking therapy when needed, doing things they enjoy as well as solitary activities such as journaling, knitting, meditating, yoga, cleaning, painting, drawing and more. It is also important to follow-up with people regularly and receive social interaction.
Being Flexible and Adapting to Change
To successfully retire, those who are seeking their best life should take heed to remain adaptable and flexible. As life can be turbulent, retirees must be prepared to face unexpected and possibly even devastating circumstances and still remain steadfast. Some good advice to those retiring might be to “expect the unexpected”.
Those preparing to retire should embrace learning and always seek new ways to get information. They should also take risks frequently and push themselves out of their comfort zones. This not only helps to boost self-confidence, but also helps the brain itself become more adaptable and comfortable with risk-taking and the unknown.
Relationships And Social Interaction
When retiring many people witness a decline in the number of people in their social support network, as it removes them from the workplace and distances them from their past coworkers, and friends. This calls for a need to pay special attention to one’s social life, being sure to continue to reach out to friends, family, and even old coworkers. Be sure to make time for the important people in life.
Other things retirees can do to enhance the social aspect of their retirement is to involve themselves in social activities such as online meetups, exercise classes, sports, chess and reading clubs, eating, hunting, fishing, and wood crafting, and so on. Being active in a social hobby guarantees retirees stay socially healthy and happy.
Studies have shown that good, quality relationships are an important factor to living a long, healthy life. Additionally, studies have shown that those who have satisfying relationships have fewer health problems and are at less risk of depression and cognitive decline. Therefore, it’s worth getting out there and calling up old friends, even more so during retirement.
Summary
Successfully retiring involves a multitude of factors, but prioritizing is key. By focusing on important areas of retirement such as planning and preparing, maintaining good mental and physical health, being flexible and adaptable to change and continuing to foster and nurture social relationships, retirees can guarantee themselves a successful retirement.
