5 Tips To Have Happy Life Post Retirement

Retirement can mean many things for people. Some look forward to the free time in hand. Some worry how they will manage to meet ends. Others wonder how they will pass their time. If planned properly, retirement can be a great phase in a person’s life. Here are 5 steps to take before retirement and what to do after retirement that can help you have a healthy happy retirement phase.

* Be physically and mentally active

You have worked hard all your life. It is time to enjoy the rewards during retirement. Be ready to do what you love. You have time for learning the musical instrument you always wanted or spend time to volunteer for a cause close to your heart. You can do all that now.Do not spend all the time idling. Fill your time with hobbies and doing things that interest you. Meet like minded people. Make sure you keep yourself physically active and mentally alert.

* Have a Schedule

Even if you are retired, it is good to have a schedule. It will help you look forward to something. The schedule can involve work and leisure activities. You should maintain a positive frame of mind and not get bogged down by thoughts that destroy your self-image.You can make a daily routine and stick to it so that you do not waste away your time. It need not account for every minute of the day but be such that you have some activities to fill your day. If you have a kind of schedule, there are lesser chances of getting bored or depressed.

* Financially Active

You should stick to your budget, Keep a track of your income and expenses. Review your financial plan once in a while. If you have a financial advisor, get advice on how to improve returns (beating inflation). You should educate yourself in financial aspects and investment aspects. You may not have had time to educate yourself about finances when you were young. Retirement is a good time to learn and implement what you have learned after discussing with your advisor.

* Take a part-time job or an income stream

If you are healthy and have an inclination to keep yourself busy, you can take up a job. It can be a consulting role or a part-time job. You can tutor children if you are interested. If you are from the field of finance, you can take up auditing and taxation related assignments. It will add to your income and keep you active. But no need to take unnecessary pressure if you are financially free.

* Make Retirement a Positive Phase of Life

Retirement is a great time to enrich your life. You can travel to different places and understand more about our country and the world. If you are fit, you can try out new experiences. You can start reading and get various perspectives on life. It will improve your vocabulary and keep your mind fresh.If you have grandchildren, spend time with them. You can otherwise spend some time with younger people around. It will give you a fresh perspective on life. You can learn a lot of things about today’s world.