Spending Your Free Time in Retirement

If you’re planning on taking a vacation, it’s probably something that you’ve looked forward to for a while now.  And, that’s what retirement is about…  It’s your 30 or more year vacation.  Whether you’re traveling, volunteering, taking up new hobbies, or relaxing with friends and family, retirement is a time to unwind and do something you enjoy. One thing that’s great about life in retirement is the freedom you have to choose how you want to spend your time, and the people you want to surround yourself with. So, here are some potential ideas to consider when spending your free time in retirement.

First, consider spending more time with family and friends. Ask yourself this question: Am I nurturing my relationships? Sometimes, it can be hard to set yourself up for a retirement full of friends, connections, and fun. Why? Because leading up to retirement, many of us are so focused on work that we don’t leave enough time to nurture those relationships. In retirement, social networks are more important than ever. After all, this is when you’re going to have more time to invest in friendships both old and new. We all need networks of family, friends, and community. Whether that’s a band, a religious group, or some old golf buddies, retirement can allow you to make more time for the people who really matter, and the things that really make you happy.

Next, you may want to consider volunteering. Few things can be as fulfilling and stimulating as doing good deeds around the local community. Activities include walking animals at the local shelter, assisting at a hospital, tutoring and mentoring, or volunteering at a local non-profit. Most towns and cities have websites that post local volunteer opportunities, or you could stop by your local YMCA and read the community bulletin board. Transitioning into retirement is no small task, but you can make the most of it by taking more time for yourself in retirement. Some people become bored if they have too much free time on their hands.

So, what is another helpful idea to consider spending your free time on in retirement? Try taking up a new hobby. For example, you can start writing a blog. The wisdom that you accumulated from a long career can be shared through a blog about your area of professional expertise. You can also consider photography. In the age of digital photography, amateur photographers do not have to deal with the hassles of a dark room or spending money on rolls of film. It is an economical hobby for all seasons, and with practice, there may be opportunities to participate in local exhibits or at least showcase the photos online. Or, perhaps you want to take a class at a local community college offering courses on interesting topics. And, if the classroom isn’t for you, then consider traveling. It can also be a good motivation to get or stay in shape throughout retirement. Remember, new adventures can help keep one young.

Start planning today to help you take advantage of the added free time you’ll likely have in retirement. It’s your 30 or more year vacation, and the professionals at Moore’s Wealth Management can help you create a comprehensive retirement plan with your desired lifestyle and unique goals in mind. Click here to schedule your no cost, no obligation financial review to get started!

Advisory services offered through Moore’s Wealth Advisory, A Member of Advisory Services Network, LLC.  Insurance products and services offered through Moore’s Wealth Management.  Advisory Services Network, LLC and Moore’s Wealth Management are not affiliated. The tax information contained herein is general and is not exhaustive by nature. Federal and state laws are complex and constantly changing. You should always consult your own legal or tax professional for information concerning your individual situation.