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How to Plan a Retirement with Meaning and Purpose

4/28/2019

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Retiring from your career is a significant accomplishment that will allow you to enjoy a new season of life and a transition into your golden years. However, for many people, it can be difficult to get used to a different schedule, and knowing how to spend all of their free time is even more challenging. If you want to plan a retirement that has deep value for yourself and others, there are a few important tips to follow.

The Importance of Meaning and Purpose
Without meaning and purpose, it can be easy to waste your time in retirement and avoid productivity, which can cause you to feel unfilled. You'll need to find areas of your life from which you derive meaning. This may involve discovering a passion that you enjoy or spending time with your loved ones. Seniors Helping Seniors points out that social connection is a major component of purpose. There are several physical and cognitive benefits associated with maintaining social connection throughout your life. Relationships will sharpen your mental clarity, which boosts your memory capacity as well. You'll also want to choose activities that help you remain independent by encouraging physical mobility.

Investing Towards Your Goals
Your retirement contribution rates should be enough to provide you with financial flexibility in retirement and ensure that you have the freedom to live in the way you desire. You may want to travel, donate money to your family members, start a business or volunteer in the community. All of these notions require you to have the necessary funds set aside to enjoy the rewarding retirement you've always dreamed of in the past.

Create a Bucket List
Bower Retirement UK recommends creating a bucket list of activities you want to experience, things you want to do, or places you want to go. Thinking it through and writing it down will help ensure that you meet some of your goals. You may wish to learn another language, take up a craft or further your education. With each bucket list item that is marked off, you'll feel rewarded with a sense of joy.
Volunteer or Work Part-TimeIf you're not sure of what to do with your leisure, consider volunteering or working part-time. All About Seniors explains that when you work in retirement, you can do so without having to commit all of your time to a specific business or organization. Volunteer activities can give you a sense of purpose and allow you to give some of your experience and enthusiasm back.

There are many ways to ensure that your retirement is meaningful and fulfilling. Make the most of this new phase. If you take the right steps, you can truly enjoy each day.


If you’re still planning on your retirement, let Retirement Planning Store help!
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    My name is Dan Hopwood and I first started my career in the insurance business back in 1988.  2023 will be the start of my 35th year in the business. 

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