10 things to do once you are retired

18.06.2018
Stephen Cameron
Financial Planning

Yesterday, you were busy working and today you are retired, what’s next?

Here is a list of the 10 most popular things that retirees did.

1. Travel, one activity that a lot of retirees engaged in was travel, especially as they now had the time available. Not being constrained by the demands of work they found they could take advantage of low cost deals.

2. Go back to school, keeping the mind fit is as important as keeping the body fit and learning a new skill or language or even taking a degree course are all possible. As they say, study is its own reward.

3. Get a part time job, start a business, a number of retirees said that they missed the social interaction of the workplace and felt isolated, so why not find a part-time job in area of interest or even take on the challenge of starting a new business.

4. Write a book, not an easy task as one author said writing a book was a bit like carving a statue out of a block of stone, but who knows you could be the next J K Rowling?

5. Gardening, there is something very satisfying about gardening, a bit like painting with plants and flowers, it also gets you out in the fresh air and is a good form of exercise.

Planning for your retirement well in advance is crucial to ensure a smooth transaction.

6. Start a new hobby, what probably constrained you in the past was a shortage of time and life tended to get in the way. There are a vast range of activities, a colleague of mine said he was going to take up brick laying after years of being an accountant.

7. Volunteer, why not support your favourite charity by doing some work for them, also a good way to meet new people.

8. Join a club, apparently we British have more clubs and societies than any other nation, therefore there must be plenty to choose from, also another way to meet new people and make friends.

9. Join a gym, not a mad as you may think as a number of gym’s run special sessions just for retirees and a good coach can put together a regime for you that matches your physical abilities.

10. Teach/become a mentor, over your working life you will have acquired a vast depth of knowledge and skills, why not share this with the next generation?  

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