Countdown to Retirement: Do You Know What You’ll Do When You Retire? (Part 3 of 4)

The topic of this episode of the Ready for Retirement podcast is the 3^rd question in the Countdown to Retirement series: “Do you know what you’ll do when you retire?” This can be an overwhelming question to contemplate at the end of a long career, when you’ve spent your entire life up to that point pushing towards the “next thing”, and you don’t have to have the answer right now, but hopefully this episode will help you narrow down your thought process.

Perhaps you have spent your life in the same town for decades and your children have moved to another part of the country; consider packing up and moving somewhere new for your retirement years, maybe close to your children/grandchildren. Or you could stay put and commit to traveling.

You could look into getting a fulfilling part time job or volunteer position with an organization you are passionate about. You could sign up for some exercise classes or a new sports league to make that a part of your routine. Pursuing educational endeavors such as becoming a mentor, taking a class, reading, or writing a book or blog could be helpful in prolonging your health span and preventing cognitive decline.

No matter what you plan to do, you would likely find it helpful to take a breather at the beginning of retirement to get used to living on a fixed income. Think about these things now so you feel like you are retiring into something, not just out of something.

Tune back in next week for the final part of this Countdown to Retirement series!

Watch on YouTube:

Key Points:

1. Do you know what you’ll do when you retire?
   • Being mentally ready to retire
   • Don’t worry if you don’t already have a plan
   • You are retiring into something, not just out of something
2. Some ideas for how to spend your best season of life
   • Move somewhere new
   • Travel the world or travel the U.S.
   • Get a rewarding part-time job
   • Give yourself time to adjust to a fixed income
   • Exercise more
   • Be a mentor
   • Take classes
   • Read
   • Learn a second language
   • Volunteer
   • Spend time with family
   • Pick up a sport
   • Blog or write a book

Timestamps:

1:04 – Do you know what you’ll do when you retire?

2:37 – A story about being ready for retirement

4:21 – You are retiring into something, not just out of something

4:56 – List of ideas for your best season of life

16:41 – You should have a general plan for your retirement

17:29 – Summary of this series so far

Link Mentioned:

Youtube Channel

Subscribe to Podcast

Acts Retirement-Life Communities

Submit a Question