In honor of Cubs catcher, David Ross, retiring after the 2016 season in which the Chicago Cubs won the franchise’s first World Series in 108 years. We got some of our residents to give retirement advice to Mr. Ross in addition to introducing 7 ways to transition to retirement.
For many seniors, retirement is a much-awaited experience. For others, it’s a milestone that represents a future of uncertainty. Transitioning from an active working life to retirement can bring about depression, anxiety, and feelings of loss. Without a solid plan in place, retirement can make you feel like you don’t have a purpose. Most life-changing events like retirement take time to fully sink in. Fortunately, there are several things you can do in the meantime to ease the transition from a working life to retirement.
- Create a Budget
Many seniors enter retirement with the fear of financial restraints. Even if you have a retirement fund, knowing how to spend it is a different story. Set up a budget and allocate where every penny will go. Put aside money for reoccurring payments, as well as medical bills, insurance premiums, and food and transportation costs.
- Downsize Your Home
Whether you plan on staying in your own home or moving to a senior living community, downsizing is a must for most seniors. With less stuff comes less responsibility and more freedom. Give keepsakes to family members and donate or sell other unneeded items.
- Pursue Education
It’s true that it’s never too late to go back to school. If you want something to fill your days, consider pursuing a college degree or get involved with a local education class. Learning keeps your mind active and sharp and may even spark a new passion.
- Start a New Hobby
If school’s not your thing, consider starting a new hobby. Maybe you want to perform deep Internet research to learn about your ancestry. Or perhaps you want to learn how to ballroom dance or play guitar.
- Volunteer Your Time
Most communities are always on the lookout for volunteers. Check for opportunities in your area, such as helping out with a community garden project, assisting with an after-school program, or caring for pets at an animal shelter.
- Stay Active
No matter how you choose to spend your days, be sure to fit in some physical activity. Staying active is not just important for your physical health, but also for your mental health. Even if you have limitations, do what you can to keep yourself fit and mobile.
- Travel and Discover
You’ve worked your entire life and now you have the freedom to do what you want. The ability to travel is a highlight for many retirees interested in seeing new places and discovering new ideas and activities. You don’t have to go far. There’s likely to be new places in your area to uncover.
Retiring from the workforce is an achievement and a major opportunity. Don’t waste it by aimlessly walking through life. Take the steps needed to make your retirement as fulfilling as you want it to be.