8 Things To Do When You Approach Retirement Age

Disclosure: This is not a sponsored post. There are no affiliate links included in this post. All thoughts are my own and no others. This post is now in the guidelines of the FTC.

You’re likely here today reading this article because you’ll soon have the possibility of giving up work and retiring. As you can imagine, there are plenty of things you can once you retire, and you’ll have a lot of free time on your hands to do them.

But, there are specific goals or tasks you should consider once you approach retirement age. Doing so means you can enjoy your retirement without stressing over things in your senior years. Some examples are as follows:


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1. Get your finances in order

Arguably the first thing you should do as you approach retirement age is to get your finances in order. You’ll soon reach the point where you no longer need to work to pay your bills each month.

So, how exactly do you get your finances in order? The best way is by checking that any pensions you’ve got will cover your monthly expenses. Next, you should try to eliminate any unneeded expenses like subscriptions or memberships that waste your money.

Last but not least, if you’ve got any debt, work out how you can pay it off early so that you’ll be debt-free by the time you retire.

2. Arrange a pre-paid funeral plan

Let’s face it. Your loved ones don’t want to go through the hassle of organizing your funeral when you die. A pre-paid funeral plan means you can specify your wishes (i.e., cremation or burial), and your family won’t need to pay a penny towards your funeral costs.

If you’re opting for cremation, you can also specify details such as urns or where you wish your ashes to get scattered. And for burials, you can tell the funeral director where you’d like to get buried.

Talking about funerals isn’t a topic many people want to discuss. But, it makes sense to get it sorted out before you retire. That way, you (and your family) will have one less thing to worry about during your twilight years.

3. Start a business

If you’re lucky enough to have a very comfortable retirement due to your pension payments, it’s worth making any surplus money work for you. One way to do that is by starting a business.

Of course, you don’t need to play an active role in the business. You could just invest in it while your family members, friends, or business associates manage the daily operations. There’s no age limit for starting a business, and it could prove very fruitful!

4. Work on a daily routine

Once you finish working, you’ll undoubtedly have a lot of free time on your hands. The last thing you want to do is sit at home twiddling your thumbs out of boredom each day! Keeping that in mind, you should work on a daily routine for your retirement.

For example, you might want to carry out a lot of renovation work to your home. Or you may wish to finish restoring that classic car you’ve had for decades in your garage but seldom had the time to complete.

Whatever your daily routine, be sure that it’s one you can easily do without overburdening yourself. The point of retirement is to take things easy and enjoy your senior years – not make it more stressful than your former working life!

5. Do some traveling

You might think that traveling is out of the question due to the current COVID-19 situation. But, the pandemic isn’t going to be around forever, and life as everyone knew it will return to ‘normal’ at some stage.

With that in mind, one thing you could do is arrange a travel itinerary before you retire. Once you’ve quit your job and officially retire, you can then visit those destinations and explore the wonders of the world around us!

You might want to travel across the United States and go on a long road trip using an RV as your accommodation on wheels. You may even wish to venture further afield and travel the world, visiting all kinds of far-flung destinations.

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It doesn’t matter whether you wish to travel on a domestic or international level. If you’ve got a keen interest in traveling, be sure to create a travel plan for when you reach retirement age.

6. Work on your personal health and wellbeing

It might seem like an obvious statement to make. But, working on your personal health and wellbeing will ensure you’re around to enjoy your retirement for as long as possible. You don’t need to spend several hours a day training at your local gym!

Your health plan of action might just be something as simple as going for a walk each day and cutting down on unhealthy foods like processed meat or “fast food.”

There’s plenty of websites online that can give you guidance on how to keep your body as healthy as possible. However, it can pay to speak with a professional dietitian or even your physician for advice.

7. Have fun

When you reach retirement age, you’ve got plenty of time on your hands to do whatever you want each day. Whatever you decide to do, make sure that some of that time gets allocated to having fun and enjoying yourself.

There’s nothing worse than retiring and spending your time doing boring, uninteresting or repetitive tasks. Enjoy yourself! Do the things that you love, spend time with the people that matter most in your life, and keep on smiling!

8. Develop your hobbies

Do you like dismantling cars and rebuilding them as if you were assembling a jigsaw puzzle? Perhaps you have a love for art and enjoy painting or illustrating in your spare time? Whatever you enjoy doing outside of work, it makes sense to develop those hobbies.

You’ve now got the luxury time to devote to your hobbies, so it’s a good idea to do that! Developing your hobbies might include buying new tools or materials. Or it may mean needing to spend more time away from home.

Whatever your hobbies, be sure to develop them once you approach retirement age. It’s good for the mind and the soul.


Disclosure: This is not a sponsored post. There are no affiliate links included in this post. All thoughts are my own and no others. This post is now in the guidelines of the FTC.

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