We look forward to something meaningful to do post retirement. Most of us who have retired recently or will retire very soon, think of pursuing the interests or hobbies which got "abandoned" because of our busy schedules during the 40-50 years of our life which engaged in some form of paid employment. However, according to a Bureau of Labor Statistics study, most retirees spend around 9.45 of their extra hours per week in leisure activities. However, almost half of this time, about 5.42 hours, is spent watching TV. In comparison, only 44 minutes are spent socializing and 3.6 minutes on travel. There aren't many changes in a person's life after retirement and only 10-20% of our time is reallocated in doing things that we like instead of doing things we are obligated to do.
Finding back your passion after retirement can be difficult, but here are a few ways you can do so to enjoy your post-work life:
Consult your friends and family: The easiest way is to consult your friends and family for advice. They could offer helpful insights into your likes and dislikes. You could also consult a life coach who has more experience in dealing with such topics. Also, try to reach out to school and college friends, reconnect and try to "recreate" those lovely periods all over again!
Explore new subjects: One can explore new subjects even during the golden years of life. Flip through the university course catalogs, buy books of the subject that interest you and coach yourself! However, many universities offer new and exciting courses that you can pursue remotely. Join a course that seems exciting or enroll in a subject you were interested in in the past but didn't have the opportunity to study.
Make a bucket list: To ensure that you make the best of your retirement years, you should plan ahead by making a bucket list. Include the destinations you have wanted to travel to or the activities you have always wanted to engage in but couldn't because of your schedule during the employment period. It will also help you understand how much you need to save for your post-retirement activities.
Finding your passion is key to enjoying your retirement years, but it is also essential to be financially prepared. Though saving for your retirement is helpful, you must invest in a retirement plan to give you a steady income during these years. There are several different types of retirement plans that you can consider according to your preferences. You could opt for a senior citizen annuity plan, which caters to those who have already retired, or you could choose to invest beforehand.
A retirement plan can also help you safeguard the interests of your loved ones. Therefore, it is essential that you begin financial planning from a young age, as the sooner you invest in your future, the better returns you will receive. Call us at 9818510748, and one of the experts will be more than happy to find a perfect retirement plan for you!
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