Planning ahead can lead to a happy, fulfilling retirement.
Are you still working and enjoying your work? Are you anxious about what retirement will be like?
Employers who offer pre-retirement planning tend to focus on finances, which is of course very helpful, but do you realise that you have 20 plus years ahead of you? What kind of life do you want to have?
Here are 5 things you need to think about to pave the way to a rewarding retirement:
Step 1 – start planning now!
Write down the activities you want to continue or start doing that will keep you actively engaged. Focus on pursuits that involve other people. This will get you out and about, sharing common interests and meeting new people.
Be as precise as possible. Ask yourself:
- What would make me feel useful?
- What can I learn that would make me even more useful?
- What can I do to stay physically and mentally active?
- How can I use what I know?
Step 2 – research your options
You have more options than you probably imagine. Here are a few:
- Voluntary work
- Part-time work
- Start your own business
- Become a Magistrate
- Become an independent distributor of one of the many products on the market
- Retrain for a new career
- Learn to play a musical instrument
- Learn a new language
- Train to teach English as a foreign language
What other ideas do you have?
Research each of these suggestions. Any one of them may lead you to something else that could be intriguing and interesting. Stay curious!
Talk to friends about your options. The value of doing this is two-fold:
- Your friend might come up with a suggestion you hadn’t thought of.
- You might hear yourself saying something unexpected, something that surprises you.
Step 3 – explore hobbies and personal interests
Look at the hobbies and interests you’re engaged in at the moment.
You could continue your involvement in them after you retire or you might build on one of them and make it into a little business, for example jewellery-making.
Step 4 – teach what you know
Make a list of your knowledge, skills and experience. You may have a talent for something that you take for granted. Ask your friends what they think you’re great at. Could you teach it?
Talk to someone who actually teaches something. You can find them through their adverts on the windows of newsagents.
Step 5 – DO IT NOW!
Don’t wait until you retire to start planning your retirement. This is a golden opportunity. Your retirement years could turn out to be the best years of your life so far – if you let them.