Even if it’s early retirement, it always comes with the great change, from shifting to all those busy hours of work to trying to occupy the hours in the day. Fortunately, retirement planning includes financial security plus how we would keep ourselves occupied during retirement. Sometimes we need to find another job to support the retirement or sometimes everything is planned in such a refined way that even unexpected emergencies seem normal. How and when you retire have a unique set of circumstances that will affect volunteer and non-volunteer retirement both. Most people have a good idea of how to leading up to retirement and some think of the other way that they can never handle this financial constraint or health issues. Each faces this dictates what to do every day, and what is supposed to do on retirement? Here are 6 things to consider during the first day of retirement.
1) Celebrate It: You’ve waited a long time and worked hard to get to this point in life. So, take a moment to celebrate it first, whether you going out with the family to eat at an upscale restaurant, buying a nice bottle of wine, or travel around your beautiful country to relish in your accomplishment. Pat yourself on the back to start this new ear with an optimistic spirit.
2) Set Some Parameters: Retirement means different things to different people, especially for those around you. We all have their plans, but take some time to communicate with your family and loved ones regarding your initial retirement plans including many major decisions regarding moving out, downsizing or taking on a major renovation. Initially starting the retirement with time to watch the grandkids or locking in a set day to acclimate your new life before disrupting it with difficult things are too difficult to change, alter, or stop.
3) Avoid The TV Trap: Sometimes it’s just as valuable to figure out what not to do on the first day and what should be the best to do on retirement. It has turned many new retirees into conspiracy theorists and became couch potatoes rather than fostering their own. Don’t commit watching TV and utilize all the amount of time & energy, in advice stick to relevant and worldly activities such as visiting your friends, reading books and go for outdoor events instead of watching them on TV. Overall, it’s important to stay mentally and physically healthy in retirement.
4) Make Concrete Plans With Friends: Whether it’s at a house-warming party, reunion or social event, or your accident bump into your old friend and the old neighborhood. Don’t make or take invitations at face value, having an active social life is one of the most crucial elements to developing a more strong relationship in retirement. However, few people follow through by marking specific dates, times, and locations on the calendar to stay close to friends and in community with others.
5) Start Journaling: Research has shown that one’s ability to remember things can play a key role in how meaningful their life is. Without our memory, we have little meaning. Of course, one of the easiest ways to enhance your memory is to write things down. Therefore, start journaling about your thoughts, feelings, and most importantly your activities. Then we will review them regularly and when possible share those experiences with family and friends.
6) Go On A Medical Shopping Spree: Overall, entering retirement people has more and more access to some form of the medical savings account. It’s a privilege that some people never face a medical emergency, but we all need to make sure to spend some dollars in the emergency medical account considering healthy to unhealthy routines. Make sure to make the most of developing healthy routines and habits that will continue to pay off for the rest of your time during retirement. Even though you have different medical insurance account, read all the documentation before signing into any insurance because each type of account can come with different rules once you enter retirement. For example, some medical facilities will expire once you terminate employment, or once you step into retirement.