
Boldies say WE ARE!, not we were: 9 ways to have a happy retirement
By Kate Whiting. Published 2020-08-21
BOLD-LivingHere’s how you can make the most of your new-found freedom in retirement.
Make your intention clear

Don’t stop completely
What most people do when they retire do what so many people. So many people say to us that retirement is when a whole new, busy life begins. Be that travelling, a new career, starting a business or volunteering. How many times have you heard retirees saying that they don't know how they had time to work before retirement.Plan your day

Stimulate mind and body
“Activities that are great for holistic mind and body wellbeing include mindfulness meditation, qigong meditation, tai chi and yoga,” says David. “Find a local beginners’ class or follow an free online tutorial or course to sample which practice works best for you.”Broaden your skillset

Get social

Take an interest in golf

Keep track of your pension
Research by Scottish Widows found 30% of people polled get stressed just thinking about their financial situation in retirement, while only 56% are saving enough for a comfortable retirement. Not having enough money to pay for essentials (28%) and not having enough money to do things they enjoy (24%), topped people’s retirement fears.Jamie Smith-Thompson, managing director of pension advice specialist, Portafina says: “Retirement is a time when the roots of freedom can really take hold, which is why making sure your pension is working as hard as possible is so important.“Risk makes everyone feel nervous, so to reduce potential stress take some time to make sure your money is invested in a way that is right for you. If you are close to taking an income from your pension, then the last thing you need is a financial crisis wiping a significant sum from your pot just when you need it.“Consider the ‘guaranteed factor’. Buying an annuity is no longer the only way to get the security of a guaranteed income for life, so have a chat with a regulated financial adviser to see how the pension you have compares with what you want it to provide, and how flexible you need it to be. Don’t forget the ‘pass-it-on-factor’ too. Is your pension set up to leave the sort of legacy you would want? Knowing that loved ones will be provided for is sure to take a weight off anyone’s shoulders.”Plan a move

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