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It’s easy to imagine all the things you want to do, but harder to commit to doing them.
It’s easy to imagine all the things you want to do, but harder to commit to doing them.

Do you have a bucket list? Hopefully, you have envisioned your retirement as a time to try new things, travel to places you have always wanted to go, and do the things you didn’t have time for during your working years.

But will you actually get around to doing any of those things on your list? It’s easy to get consumed by the routine of day-to-day life, even in retirement. Before you know it, years will have passed and those items on your bucket list will still be just dreams for "someday."

Here are five steps you can take to help you achieve the items on your bucket list and enjoy the fulfilling retirement you deserve.

...continue reading "5 Steps to Accomplishing the Things on Your Bucket List"

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Guest post by Jim Vogel, ElderAction.org

elderly-couple-with-microphone
Teaching classes or giving presentations is an excellent way to share your knowledge and expertise with others.

Having a post-retirement career is not an idea that crosses the minds of many retirees. Retirement is supposed to be the end of working and the beginning of freedom.

However, many seniors find that retirement does not suit them. The risk of social isolation and depression increase after retiring due to the lack of activities and diminished social network. Some seniors simply find retirement dull.

If you want a job that allows you to fully enjoy retirement while still keeping engaged and active, here are a few jobs that might be the perfect fit.

...continue reading "5 Engaging Post-Retirement Careers for the Active Retiree"

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The allure of retiring to another country can be tempting, but proceed with caution.
The allure of retiring to another country can be tempting, but proceed with caution.

If you have traveled internationally, you have probably visited charming, exciting places and thought about how great it would be to retire there. You may be motivated to stretch your retirement dollars in a place with lower cost of living and cheaper health care. Maybe you want to enjoy your leisure years in a locale with a warmer climate and breathtaking natural beauty. Perhaps you are ready for a new adventure and the opportunity to discover new lands and experience new cultures. Or maybe you are formulating an escape plan in the event your least favorite candidate makes it into the White House.

Whatever your motivations are, if you are considering retiring to another country, here are twelve factors to research and consider before you start packing.

...continue reading "12 Questions You Need to Answer Before Retiring Overseas"

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Sun City, Arizona is the second-oldest planned retirement community in the United States.
Sun City, Arizona is the second-oldest planned retirement community in the United States.

When you think about what type of community you plan to live after you retire, what comes to mind?

Are you giving serious consideration to living in an age-restricted 55+ active adult community?

Chances are, the younger you are today, the less likely you are to choose such a community after you retire.

As I write this, I am 59 and my husband is 57. We have no desire to move to one of these communities.

Occasionally, I bring this question up in conversations with friends who are our age or perhaps slightly older. No one we know is planning to live in one, either.

Speaking for myself, here are four reasons why I am opting to live out my retirement years in the community-at-large, not an age-restricted enclave.
...continue reading "4 Reasons Why I Won’t Be Moving to a 55+ Active Adult Community"

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Do you want to fill your retirement years with the adventure that comes from discovering and experiencing new places?

Are you looking for a place to live where your retirement savings will stretch further?

Or maybe you are formulating an escape plan in the event your least favorite candidate makes it into the White House.

Whatever the reason, if you are considering retiring to another country, or even if you are just intrigued with the possibility, here are ten places you may wish to consider.

...continue reading "10 Great International Retirement Destinations"

Malaga skyline

Are you facing the prospect of a retirement in which the defining characteristic is financial struggle?

Are you concerned that you haven’t saved enough for retirement?

The internet is awash with stories and articles about how you can live comfortably overseas for just $1500-2000 a month – which is within range of most couples’ Social Security checks.

These figures are said to include rent for a two-bedroom furnished apartment, meals (including some meals eaten out), and utilities, including internet service. The people who write these articles claim that you don’t have to pinch pennies to achieve these results, nor do you have to live in squalor.

Can this be true? Such claims always prompt the skeptical me to think, “If it seems too good to be true, it probably is.”

...continue reading "Can You Really Save Money by Retiring Overseas? Should You?"

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Money wallet

Are you concerned about having enough money to enjoy a satisfying retirement?

At a more basic level, are you worried about having enough money to survive during retirement?

If so, you are not alone. Having enough money is the single biggest concern of most retirees.

When new people subscribe to Retire Fabulously!, I ask what their most pressing concern is.  “Having enough money” is, by far, the number one concern.

While Retire Fabulously! is not a financial planning website, and I am not a financial planning professional, in this article I will offer a wide range of suggestions for enjoying your Renaissance years with limited financial resources.

...continue reading "34 Tips for Enjoying Life on a Limited Income"

What Should I Do

Are you uncertain about what retirement holds for you?

Are you worried that your days will be dull, boring, and empty?

Some people continue to work because they truly enjoy their jobs. Some people continue to work because they haven’t saved enough money to retire. But you would be surprised at how many people continue to work simply because they have no idea what they would do if they didn’t.

Does this describe you – or people you know?

Last month, near the end of the 2015 holiday season, my husband and I attended a cocktail party. Most of the other attendees were in our general age range – 50s and 60s. Most of them were people I was meeting for the first time.

One of the first questions that always comes up when you meet new people is, “What do you do?”

That question can be awkward for retired people, especially for those who are recently retired and still adjusting to not having their career label or job title available as a quick and easy answer to that question. Simply saying, “I’m retired” doesn’t provide a very good path forward for the conversation, and may lead the other person to grasp for something else, like the weather or how a local sports team is doing. (Yawn.)

I have an answer I usually give that offers my new acquaintance several options for continuing the conversation.

...continue reading "“What Will I Do After I Retire?”"

Vernelle

Are you single?

Have you considered what may happen if your spouse passes away before you?

One of the greatest fears that most of us harbor is the fear of dying alone or spending your final years lonely, bored, and confined in a retirement home.

With proper planning, it doesn’t have to be this way.

As with adult life in general, most information you read about planning for and living during your retirement is heavily couple-centric. Single retirees have a few unique concerns that often aren’t comprehended or addressed by websites, books, senior living communities, and other information sources.

If you’re married (or otherwise partnered), don’t click away!

Consider that, unless you and your spouse pass away at the same time, one of you will experience being single at some point. Later in this article, I will suggest several things you can consider now that will make life easier for the surviving spouse when that time comes.

...continue reading "How to Survive and Thrive as a Single Person in Retirement"

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Do you have rooms in your home that look like this?

If you’re like most of us, at some point you will face the prospect of downsizing.

Perhaps you want to move to a smaller house. Perhaps you want to move overseas or wander the country in an RV. Perhaps you just don’t want to leave a lifetime of stuff behind for your survivors to deal with.

In my case, I reached a point several years ago when I looked at all the stuff that fills our closets, our attic, and our garage, and I wondered, “Where did this crap all come from?”

It seems that we spend the first half of our adult lives accumulating things (bigger homes, nicer cars, better furniture, more clothes, grown-up “toys”), and then we spend the rest of our life getting rid of it.

Although I’ve toyed with the idea of going through all my stored items and eliminating much of it, up to this point my good intentions haven’t led to much action. Throughout 2015, I’ve sold some CDs on Amazon, but that’s about it.

For some people, discarding obsolete possessions seems to come easily. Usually, it takes a tangible event like an upcoming move to a smaller home to provide the sense of urgency required to downsize possessions.

Jeff and I have decided that we’re going to remain in our current house for at least five to ten more years, but we’re ready to start downsizing our possessions now. We’re serious this time. But we will only be successful if we really want to do it and stick to our goals.

...continue reading "How to Conquer the Challenge of Downsizing"