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8 secrets to a happy retirement

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People are stretching out the decades to fund a comfortable retirement, but a higher income isn’t the only key to enjoying your golden years. There are other factors that determine whether you will be happy when you leave your job.

Here are eight ways your lifestyle can help lead to a happy retirement.

1. Define your purpose

Retirement can cause people to lose their sense of purpose because they are no longer tied to work. But the happiest retirees find meaningful ways to stay active, like volunteering, learning a new skill or even taking on a part-time job.

2. Find a ‘third place’

You may enjoy being at home after retirement, but it is important to find a “third place” that you like and can visit to see friends. “Third location” means a non-domestic, non-working Hub, such as a Gym, coffee shop or club.

3. Keep an active social calendar

Happy retirees often set aside some time each week to connect with non-family members.

You can look for local events in your area, go to fitness conferences or join a sports club that meets regularly. Having a busy calendar can leave you feeling full of energy.

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4. Learn something new

Retirees can have more time than they’ve been waiting to learn something new. The happiest retirees are trying to learn new, advanced skills like a language or a tool.

You’ll feel good about each small win you make as you progress towards developing a new skill – and it can keep you busy for years.

5. Embrace the flexibility of the environment

Don’t always put it. Occasional walking can be a fun way to mix up your routine, and it doesn’t have to require much more than hopping in the car. And being open to peace on the cheap can expand the nest egg as monthly expenses add up – and can allow you to be closer to friends and family.

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6. Stay healthy

One of the biggest costs of retirement is health care, but you can reduce those costs by staying healthy. Working out several times a week and eating a healthy diet can make you feel good while reducing your medical expenses for life.

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Move digital frames to clear headspace. Maybe you want to get rid of online subscriptions that you no longer use or delete some of your social media programs and accounts that you spend a lot of time on.

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8. Conduct an annual financial review

Many happy retirees do a financial assessment every year to discuss their situation and assess how to manage their nest egg for years to come. Even if these retirees have a solid financial foundation, they can meet with a financial planner to make sure their plan still aligns with their goals.

Putting your happiness first

A strong financial base may not be enough to make you happy, as it is only one piece of the puzzle. But breaking these eight habits can help you enjoy your retirement to the fullest.

You don’t have to work on them all at once. Commit to one habit right now, then you can add a second habit into the mix once you’ve mastered the first one.

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