You’ve lived your life well enough to set yourself up to do what you please. The only question now is, what do you do with all of that free time? Often, the most prominent issue people face in retirement is boredom, though there are plenty of retirement hobbies you can partake in. Finding things to do in retirement can be difficult, especially if you’re on a tight budget.
If you?re retired (or approaching retirement age) and you?re considering moving, you might be weighing the pros and cons of buying vs. renting a new home. A variety of factors can influence the decision to rent or buy; including your budget, the location you?re moving to, your lifestyle, and your personal preferences.
As you?re approaching retirement, thinking about ways to proactively save money on healthcare costs might be an essential aspect of planning for your financial needs. Obviously, we won?t ever be able to cut all of our healthcare costs, but there are many ways to save a lot of money on your health expenditures.
As we get older, we see that we?re not as strong or flexible as we used to be. Sometimes our homes don?t have room for the wheelchairs and walkers that become necessary in older age.?For these reasons, it?s common for aging individuals to move into retirement communities. Many of us, however, want to continue to live in our own homes as we age.
A majority of Americans say their dream is to travel when they retire. However, if you?re a retiree living on a fixed budget, travel can be costly and unattainable for some. But just because you?re living on a fixed income, it doesn?t mean that you have to forgo your dreams of seeing the world and completing your bucket list.
Between 2004 and 2014, the number of married men and women aged 65 and over went up by 46%. With life expectancy continually increasing, widows, those previously divorced, and those who never married are deciding they have time to tie the knot and have their “happily ever after.”
Ready to retire, but worried that you’ll get bored with all the time in the world and nothing to do? Anyone who’s spent most of their life working would have the same concerns. After you’ve explored all of your options, such as refinancing your home, it’s time to have an adventure?travel the world!
