Planning to Retire? What You Should Think about First

Your career is coming to a close. You’re ready to hang up your hat and retire. But, before you announce your departure to your office, you need to ask yourself some questions. Finding out the answers now will make retirement much easier. 

Where Do You Want to Live?

Do you want to stay in your home forever? Do you want to sell your place? Would it be better to for you to downsize to a smaller apartment? Or move into a bigger community?

You don’t have to make a choice right away, but it’s a good idea to start thinking of the livingspace that you’ll want to enjoy throughout your golden years. 

If you’re craving company and currently live on your own, you might feel more comfortable joining a senior living community. An innovative senior housing company can offer you an incredible senior apartment, along with plenty of opportunities to socialize with other residents. You can meet like-minded friends during workshops, exercise classes, celebratory events, and more. You’ll have no time to be bored.

A senior home is also a smart choice because it gives you room to change. If you need assistance because of illness, mobility issues, or memory problems, then a home’s staff will be right there to help you. You never know what the future holds. It’s good to be prepared. 

How Will You Spend Your Time?

Lots of seniors feel lost after they retire. They’ve stopped the routine that they’ve followed day-in and day-out for most of their lives. Breaking the cycle will be hard. You might find yourself getting ready to head to the office, and then realize there was no need to rush out the door. 

Sometimes, people feel like they’ve lost a sense of purpose that was driving them forward. Now, they don’t know what to do with themselves.One of the best ways to adjust to your retirement and avoid those unpleasant feelings is to give yourself a brand-new purpose to focus on. 

You can jump into a hobby. If you don’t have a hobby, you can find one. Here are some ideas that could inspire you:

  • Start a book club
  • Learn a new language
  • Take dance lessons
  • Play an instrument
  • Join a walking group
  • Get into gardening
  • Make scrapbooks

If you’re feeling ambitious, you can go back to school. There are lots of retirees that go to university as part-time and full-time students — it’s easier now that they don’t have a job that takes up their schedule. If you don’t want to commit to a degree just yet, think about auditing some classes or taking up one free online course to see how you like it.  

Essentially, you should make a plan now so that you don’t feel at a loss about what to do. You’ll be ready for that next step.

Retirement is a major life change. It will take some getting used to. If you want to avoid the awkward growing pains that come with this milestone, you should ask yourself these questions first. You’ll leave your retirement party and know exactly where you’re headed.

Adam Hansen

Adam is a part time journalist, entrepreneur, investor and father.