Making the most of retirement

Retirement has changed beyond recognition in recent years. The good news is that we are generally living longer and healthier lives so we should be able to enjoy a more active retirement; the bad news is that we need more substantial savings to fund retirement.

The Rough Guide to Retirement eBook, the fourth edition in the Rough Guide to Personal Finance series, provides useful and straight-forward guidance to help people prepare and enjoy retirement – whether you’re in your twenties saving into a pension, or approaching retirement and considering your options.

Sponsored by Legal & General, the guide is also filled with valuable tips to help retirees make the most of their retirement. We’ve selected our top three tips to give you a preview of the eBook:

Plan a routine to get used to your new-found freedom

No early morning alarm call and no working late or at weekends – many people relish the fact that retirement gives them time to pursue interests and hobbies. However, many find the move from a structured working day to unfettered free time difficult to manage. The key is to plan an effective routine so be sure to set activities each day.

Share your knowledge

There may be opportunities to share the skills and expertise you’ve gained through your working life. If you have a specific skill or interest, think about approaching an organisation – such as a charity, a museum or a school – as a volunteer. The Royal Voluntary Service is always on the look-out for more volunteers to help support older people in a variety of ways, whether providing company to someone isolated, a lift to the shops to someone housebound, a visit to hospital to a patient that may not have seen anyone for weeks or distributing Meals or Books on Wheels.

Keep your body and brain active

Learn a new skill, join a sports club, or sign up for evening or day classes.

Most local councils run a number of sports clubs and exercise classes for those retired or semi-retired, many at concessionary rates. This is likely to include week¬ly walks, ballroom dancing, bowls, swimming, zumba, tennis and so on.

If you don’t want to join an organised group, taking daily walks or gardening on a regular basis can make a significant difference to overall fitness.

For more information on planning for and enjoying retirement, download the free Rough Guide to Retirement eBook at

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Posted by at 00:00 Friday, 09 October 2015.

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