We all know that we should exercise regularly and eat responsibly in order to stay healthy. The benefits are clear: you will live longer, you will have fewer doctor visits and lower medical bills, and you will be better able to travel and go about your daily routine.
But sadly, according to the President’s Council on Fitness, Sports and Nutrition, only about 30% of adults 65-74 are active.
The problem is that most of us aren’t very good at sticking to things we should do. We are more likely to stay committed to things we want to do. The key to establishing and maintaining a successful exercise regimen is to find the right combination of activities you will enjoy and a reason that is compelling enough to motivate you to stick with it.
The internet is awash with advice from retirement planning experts. Interestingly, many people who write retirement advice haven’t retired yet or are relatively recent retirees (like me). Plus, much of the advice you read comes from financial planners. That’s important, of course, but as you know, there’s more to a happy retirement than simply saving enough money.
Wouldn’t it be great to receive advice from some older, more experienced retirees who have spent many years living through the experience?
Recently, I had the opportunity to query some residents of Wake Robin, a life plan community in Shelburne, VT, through Wake Robin’s publicist, Charlotte Longley Lyman. I asked the residents questions such as “What advice would you offer to someone who is preparing to retire now?” and “What was the number one thing you wish you had done when starting the retirement process?”
Here are eight bits of sage advice compiled from their answers. Most of this advice is not ground-breaking or new – you’ve probably heard most of it before. But it’s good to have this advice validated by people who have been there and done that.
For many retirees, having enough money to enjoy a satisfying retirement is a major concern. Fortunately, enjoying a happy and fulfilling retirement does not necessarily require spending a lot of money. It's true that the best things in life are free; for others, there are discounts.
Here are 26 steps you can take in your day-to-day life to reduce or eliminate expenses that won’t impact your quality of life.
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.
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.
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.
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.”
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.