6 Tips For Transitioning Into Retirement

It’s no secret that experiencing change can be a challenge. You’ll find this is true even when the transition you’re going through entails something long desired. The reason is, by and large, people are creatures of habit. So, when life’s rhythms get altered the upheaval can be immense.

 

The decision to bring your career to a close is one that invariably brings many feelings to the surface. Some of these feelings will be positive, and others, not so much.

 

A little bit of planning can help you through this process in as seamless and painless a fashion as possible. The following six tips for transitioning into retirement will help you on your path.

 

1.     Mitigate Financial Risks

 

Recent studies¹ have shown there are five major financial risks facing retirees: policy risk, market risk, health risk, longevity risk, and family risk.  Of these, the risks that most consistently become a problem for people are longevity risk (outliving resources) and health risk (medical bills/long-term care).  

 

The good news is that these are risks you can mitigate in many ways. For example, you can take care not to underestimate how long you will live, be realistic about the expenses involved in healthcare, and acknowledge the possibility of needing assistance later in life. 

 

In addition, if you take good care of yourself (physically, mentally, and emotionally) now, you will increase the likelihood of aging with grace and potentially reduce your medical needs and overhead later.

 

2.    Be Realistic About Spending

 

Paying close attention to what you spend each month before you retire will give you a sense of your monetary needs.  If you find that they are too high, begin paring down your expenses and reducing your overhead: the fewer places you hemorrhage money, the better.  Even if you have ample resources, it’s wise to pay attention to your spending to avoid unwanted surprises down the road. 

 

3.    Practice Prevention 

 

Your health and wellbeing should have been your priority throughout your life, but as you age, it’s untenable for them not to be. The difference between enjoying your retirement, or suffering the experience, can easily come down to lifestyle choices.  

 

So, if you haven’t already, make physical activity a part of each day, aim to eat a rainbow of food, cultivate sources of creativity and joy in your life, and spend time with people you love. Doing these things could lengthen your life, prevent illness and injury, and simply help to make your life better.

 

4.    Have A Plan

 

Work consumes a great deal of time. If you head into retirement without considering what those suddenly vacant hours will look like, you could leave yourself feeling unmoored. Creating a schedule for yourself that incorporates healthy habits into your daily routine can be a game changer.

 

According to a study for Psychology of Aging, “the retirement transition is multi-dimensional. The transition involves two developmental challenges: adjustment to the loss of the work role and the social ties of work, and the development of a satisfactory postretirement lifestyle.”²  

 

Anticipating these impacts in advance, and consciously facing them through planning and preparation, increases your chances for a happy retirement.

 

5.    Learn To Relax 

 

Learning to relax may sound silly, but many people are so conditioned to be busy that suddenly having free time can lead to an identity crisis. To counter this possibility, consider beginning a mindfulness practice such as meditation. Learning to sit, be still, and reflect inward will confer myriad health benefits and help ease you into retirement.

 

6.    Don’t Wait To Enjoy

 

Life is better when lived fully. Waiting for a future date to truly savor your existence can be a monumental waste of precious time. Life offers few guarantees, so if you want to avoid regrets, then make today matter. Once retirement begins, double down.  

 

Fill your moments with things you’ve long wanted to try. Vie to expand, rather than contract, as you age. Stay engaged, keep moving, and consciously cultivate your vitality. Doing this will help you transition smoothly into retirement and, what’s more, will foster a life worth living.

 

References:

 

1. ​​Hou, W. (n.d.). How Well Do Retirees Assess The Risks They Face in Retirement? Center for Retirement Research. Retrieved September 23, 2022, from https://crr.bc.edu/wp-content/uploads/2022/06/IB_22-10.pdf
2. van Solinge, H., & Henkens, K. (2008). Adjustment to and satisfaction with retirement: two of a kind?. Psychology and aging, 23(2), 422–434. https://doi.org/10.1037/0882-7974.23.2.422

 

Keep Your Mind Sharp as You Age

As you age, you may start to feel like your brain is aging right along with your body. This is especially true if you find yourself constantly forgetting things. There are several ways you can keep your mind sharp as you age, so keep reading to find out how to keep your brain sharp for years to come. 

 

Don’t Stop Learning

 

A big mistake that people make as they start to age is that they think they don't have to learn anymore. This is never the case. Learning helps to keep the brain fresh, young and building new pathways. If you want to keep your mind sharp, you should try to learn something new every day. The best and easiest way to do this is by downloading a word of the day or language learning app you actively engage with every morning. 

 

Play Brain Teasers

 

You've probably seen a commercial or two about how brain teasers can help keep your mind from aging, and the people who created these games might just know what they are talking about. According to Psychology Today, working your mind every day helps keep it active and keep yourself from forgetting things. So take the time to find a brain teaser game that you enjoy, and aim to spend an hour on it every day. You may just be surprised at the results. 

 

Don't Be Afraid To Use Organization Tools

 

A Harvard Health article points out that people grow more forgetful as they age but refuse to use the tools provided to keep them organized. You probably have a more complex life with more people in it now than you had a decade ago. It's only reasonable that there's no shame in using a planner (or app) to keep track of all the birthdays and important days you need to remember. Take the time to get organized around your house as well. This way, you will waste less time worrying about things that ultimately don't matter (like where your keys are.) This organization allows you to direct your brain power where it counts!

 

If you want to keep your mind sharp as you age, then make it a point never to stop learning. You could also consider working brain teasers into your everyday life. And if you need to use some tools along the way, don't be ashamed. That's what they are there for—to help keep your mind working at its best!

 

How Learning New Things Helps Our Brain

Learning something new isn't easy and facing challenges regularly can really take a lot of your energy. However, learning new things is good because it benefits your brain. Keep reading to learn more about how learning new things help your brain. 

 

Learning Programs the Brain

 

First and foremost, according to Psychology Today, learning is actually the way that your brain gets its programming. Think of it this way, when your computer needs an update, you download new software. This download is the same as learning something new. When you learn new things, your brain updates itself, clears out bugs and becomes better than before. So why wouldn't you want a brain running on the latest program? 

 

Keeps Dementia Away

 

Another major thing that learning accomplishes is it keeps your brain running in tip-top shape. When your brain is in tip-top shape, this means, according to Healthline, that you are less likely to suffer from conditions like Alzheimer's and dementia. Like any muscle in your body, the brain needs to be worked out regularly, and if it isn't worked out, it will begin to atrophy. Don't let your brain atrophy, and commit to learning new things every day!

 

You’ll Be Able to Adjust to Change Better

 

Change is a hard part of life, but it is something that everyone must learn to deal with at some point or another. The more you learn new things, the easier it will be to accept change. This is because learning helps you become familiar with unfamiliar subjects and get used to stepping outside of your comfort zone. If you are one of those people who struggle with change, you should probably start by learning something new!

 

You’ll Learn Faster

 

The coolest thing about your brain is that the more frequently you learn new things, the fasted your brain begins to learn! This means that learning new things in your free time can help other aspects of your life. Say you take a pottery class on the weekends; chances are, it will become easier to learn new things you need to do your job. Who doesn't want to learn faster than they did before?

 

Overall, learning new things can be a challenge, but it is a necessary part of life. Learning new things helps program your brain and keeps dementia away as you age. It makes it easier for you to accept change, and you'll begin to learn even faster, which will benefit all aspects of your life. So embrace new things and start making it your goal to learn something every day!

 

Lifelong Learning Can Help Keep You Sharp

As you age, it's time to start thinking about how you can keep your brain sharp. One of the best ways you can keep your mind fresh is by committing to lifelong learning. 

 

You’ll Enhance Your Brain

 

Just like any other muscle in your body, your brain is a muscle that needs frequent use to stay sharp. You can do this with lifelong learning, which means you aim to learn something new each day. One of the best ways to do this is enrolling in a class you've always wanted to take or studying a new language and practicing each day.

 

You Won’t Be Bored

 

One of the main reasons your brain loses its sharpness is boredom. When you walk a path of lifelong learning, this fights boredom and keeps your mind sharp. And the best part is, you won't have to deal with feelings of boredom which could lead to other emotional issues down the line!

 

You Will Sleep Better

 

When you spend too much of your life inactive and bored, this can lead to issues sleeping. Instead, when you aim to maintain lifelong learning, this will help your mind to stay engaged during the day, then better disengage at night, which means you will sleep better as a result. And who doesn’t want to sleep better at night?

 

You Will Connect Better With Others

 

A major factor in aging is the importance of maintaining your social circle, as this can help keep you happy and healthy. This can be hard to do if you don't have common interests or things to discuss. Lifelong learning can help with this as it can help you connect with new people who share your interests and maintain old friendships you may have already created. Learning helps expand your mind to connect with others better, and it gives you more to talk about to keep them around!

 

Overall, no matter how you look at it, lifelong learning is an important part of keeping your mind sharp. This is because lifelong learning enhances your brain, keeps you from boredom, and helps you sleep better. Not only that, but it will help you to connect better with others, making it a winning situation for everyone involved. Therefore, it's time to take the leap and make lifelong learning part of your routine today!

 

Staying Young Through All Your Years

There’s nothing wrong with enjoying the experience and wisdom that comes as we get a bit older. Even looking at those grey hair or fine lines can give you a feeling of fulfilment.

 

However, what most people dread about aging isn’t just looking old; it’s also feeling old. Everybody wants to avoid all those aches, pains, and cognitive decline that sometimes accompany old age.

 

Yet, we’re here to tell you about some expert-approved strategies that can help you look and feel young, healthy, and vibrant.

 

Let’s get started.

 

1. Meditate Daily

 

Constant surges of cortisol and adrenaline take a heavy toll on your mental, emotional, and physical health. They’re also one the biggest instigators of chronic diseases, like depression, high blood pressure, heart diseases, and dementia.

 

An effective way to slow down the effects of stress hormones is by meditating. You can do it for just five minutes a day for an hour, depending on how much time you have and your skill level.

 

The most important part of meditation is breathing deeply and avoiding pushing away thoughts that pop into your mind. If you do get any thoughts, simply accept them, then go back to your breathing.

 

Some people also repeat a mantra, such as a certain word, phrase, prayer, or a simple hum. Mantras are known in the meditation world as ‘a relaxation response’ to the stressors of the outside world.

 

2. Volunteer Often

 

Helping others is a great way to stay young at heart. Studies show that when we help others, whether it’s a stranger or your best friend, our brain releases oxytocin. This ‘feel-good’ hormone enhances your mood and counteracts the effects of the stress hormone cortisol.

 

Volunteering also gives you a sense of purpose, boosting your self-esteem and making you feel good about yourself.

 

Another benefit of volunteering is that you get to meet new people who share similar interests. It also strengthens your support network and boosts your ties to the community.

 

3. Exercise Regularly

 

The great thing about exercise is that it doesn’t have to be grueling hour-long sessions at the gym. It can be as calming as doing some yoga or tai-chi. Both are designed to help reduce stress while strengthening your muscles.

 

There’s even been research done on their ability to rejuvenate the immune and digestive systems. Not only that, but physical exercise is great for boosting brain power as well.

 

So, they’re good for keeping your mind and body young. Other types of anti-aging workouts include:

 

• Walking

• Low-impact cardio routines

• Standing calf raises

• Swimming

• Arm and leg crosses

 

4. Eat Right

 

One of the best ways to feel and look young through all your years is to eat the right types of food. Certain foods contain the vitamins and minerals we need to reduce the risk of chronic diseases, cancer, and even Alzheimer’s.

 

Pomegranates, berries, leafy veggies, and nuts are all great examples of what health experts refer to as ‘superfoods.’ They recommend we eat these foods daily because they contain high levels of antioxidants and amino acids, as well as loads of vitamins and minerals.

 

When taken in the right amounts, they help you sleep better, boost your immune system, and improve your memory!

 

5. Stay Hydrated

 

Drinking water and other healthy beverages throughout the day helps keep your cells supple and healthy. People who drink large amounts of water throughout the day tend to have fewer wrinkles and soft lines than those who don’t.

 

Some drinks, such as green tea, have the potential to lower the risk of certain types of cancer. Even more impressive is that several studies show that drinking at least one cup a day can help boost your concentration and memory and keep your brain sharp.

 

Final Thoughts

 

Staying young through all your years is easy if you follow these tips. The important thing is to stay young at heart, adopt a positive mindset, and never stop learning.

What Good Is Retirement If You Don't Enjoy It?

We spend a big portion of our lives dreaming about and planning our retirement. It’s exciting knowing that we'll be able to do what we want when we want it. Having that kind of freedom sounds much better than running between meetings or working overtime to meet deadlines.

 

But is retirement all it’s cut out to be?

 

Keep reading to find out about retirement: the good, the bad, and the ugly.

 

Retirement Statistics

 

According to studies from the National Center for Health Statistics, the average 65-year old can expect to live until they’re almost 84. That’s 6 and a half years longer than it was back in 1940!

 

This is one reason why more people are going back to work during their retirement. In fact, seven out of 10 people view working while they’re retired as a good thing. Based on a study carried out by Bankrate. 38% percent of those who participated in the study say they chose to go back to work during their retirement.

 

So, if retirees are expected to live longer, why are they unhappy? That takes us to the 35% who say they have to stay working because they need the money. The final 27% are those who enjoy the work, at the same, they still rely on that extra bit of income.

 

Ready for another sobering statistic? Over 47% of people already in retirement are worried they may outlive their retirement savings.

 

Retirement: Truths vs. Reality

 

Many of us imagine our retirement to be traveling around the world or going on a cruise. Others see themselves learning new hobbies or picking up old ones. Some people just want to enjoy their kids and grandkids while they’re still healthy enough to be able to.

 

The truth is retirement becomes a period of lack of purpose and loneliness. For many people, it slowly feels like you’re disconnected from life as you know it.

 

This tends to lead to anxiety, stress, and obesity. Other symptoms many retirees suffer from are obesity and high blood pressure. This is a direct result of leading a sedentary lifestyle. Watching too much TV and not eating the right types of food results in chronic diseases, and it only snowballs from there.

 

Also, those who retire tend to use less and less of their cognitive skills. This can lead to a decline in focus and concentration, which can eventually lead to dementia.

 

The Institute of Economic Affairs has a study on retirees who suffer from clinical depression after retiring. Their study found that the risk goes up to about nearly 40% after retiring.

 

This comes as a direct result of losing the structure and schedule of having a steady job. Part of it is also missing out on the intellectual and social stimulus that work brings.

 

It’s understandable. Once retired, you give up the daily social interactions you’ve been used to for years. You also give up your steady routine, which you used to hate, but, suddenly, you miss more than ever.

 

Retirement is similar to the grieving process people go through when they lose a loved one. You have to take it step-by-step and give yourself time to adjust and recalibrate.

 

Show Me The Money

 

Investment companies make a big hype of telling us that the key to a successful life is saving up enough money so you can eventually quit working. It’s not very goal-oriented, but it’s how a large number of people feel about their work before retirement and after.

 

It somehow paints this image in your head that retirement is the end of life as we know it. After you reach that milestone, sit back and live out your remaining years in slow decline.

 

That could be what our parents’ generation decided to do with their retirement years. However, many of us today want something that adds purpose to our lives.

 

Plus, it’s good to find a part-time job somewhere or work as a consultant. This keeps your mind sharp, which is something we’re constantly in need of no matter how old we are. Having that option also allows you to meet new people and learn new things.

 

The Big Picture

 

The ones I like the most are those who’re looking at the big picture. They know they’ve spent many years in the workforce. They also know it’s only fair to give the younger generation a chance, just as older generations did before them.

 

At the same time, they’re not wilting away at home, feeling victimized. They’re out looking for jobs that fit into their new chapter of life. It could be full-time, part-time, non-profit volunteer work—it’s up to you!

 

They’re also out there learning new things and meeting new people. Research shows that socially active retirees enjoy better physical and emotional health.

 

That’s the beauty of retirement. Being retired doesn’t mean you’ve become a statistic or fallen victim to old age. It means the path has slightly shifted to a new purpose. The best part is you’ve reached that point in your life where you get to set all rules.

 

Sure, you can put your feet up. You’ve earned it!

 

But you should also keep yourself in good shape, both mentally and physically. Here are a few ideas you can try to stay happy and healthy during your retirement.

• Volunteer at local shelters, soup kitchens, or any non-profit organization

• Take a class to keep your mind sharp and meet new people with similar interests

• Go on regular walks or join a gym

• Practice yoga, meditation, or tai chi

• Set up a daily routine and stick to it

 

Being Active In Senior Years

 

Depending on age and general health, there are various ways one can stay healthy and energetic. 

Choose Your Favorite Activity

Instead of opting for an exercise routine that you are not very familiar with, choose your favorite sport or activity that helps you move more. This makes 'being active' fun and easy.

 

Good Options Include

• Walking

• Cycling

• Swimming

• Gardening

• Weight Training: This helps you gain muscle mass which is lost as part of aging process. 

 

Remember to always ask your doctor before starting any exercise program

Tracking Progress

 

Note your progress in a dairy. This will help you track your progress and make necessary changes to your physical routine accordingly.

Wear Appropriate Clothing

 

Clothes you wear while exercising should provide enough ventilation and flexibility to move freely. Also wear appropriate shoes and other safety gear to have a good exercising experience. 

Drink an adequate amount of water to avoid dehydration.

Water prevents dehydration and improves performance. Water is also crucial for the body to function well as you exercise.

 

Seniors Who Have Had A Little Or No Experience Of Being Active

 

Better late than never! Even if you have never exercised, or have completely stopped exercising, you can always start now. Even by performing simple exercises such as a brisk walk early morning, you can develop muscle mass and help strengthen your bones. 

 

Advantages Of Being An Active Senior Adult: 

 

• Science proves that being active in old-age, can help prevent (or at least delay) disease and disability.

• Regular physical activities also help improve metabolism, blood circulation and immune system health. 

• Studies show that senior adults who are active are less prone to develop stress and are often in good mood. This in turn can help lower risks of depression.

 

Getting regular physical activity helps keep you young, energized and physically fit. As a result you can enjoy retirement that much more! 

 

A Final Note

 

Once you decide it’s time to retire, take a step back, and be proud of all you’ve accomplished. You’re wiser, more experienced, and certainly, tougher than you were a couple of decades ago.

 

Retirement is like the pot at the end of the rainbow. We have our hearts set on it. Then, once we get to it, we’re so baffled by it, we don’t know what we’re supposed to do with it!

 

So, make a list of everything you’d like to accomplish in your golden years to make your retirement more enjoyable. Then, get out there and start ticking things off that list!