As you reflect on 2017, and begin to set goals for the New Year ahead, be sure to think about what you want your life in retirement to be like. Maintaining an active lifestyle can be essential to your health in retirement. Exercise is extremely important at any age, but as you get older it becomes even more crucial. You can save a lot of money on healthcare by keeping an active lifestyle, reduce your risk of health issues related to inactivity, and keep your bones strong. The more you can focus on that healthy lifestyle, the better. Even if you have to start slow, any activity is better than none. But, be sure to consult your doctor before starting a physical activity regimen.
Another thing…don’t put off doing things you want to for a later date in retirement. Life is full of surprises. If your passion is traveling or you have something that you’ve always wanted to do, don’t delay it! You could have a long-term care event or a sickness in your family that doesn’t allow you to do all that you wanted to. Be sure that you’re taking care of your personal goals and dreams in retirement before it’s too late.
Lastly, don’t be penny wise and pound foolish, because life is too short. Don’t spend much of your time clipping coupons to save money you don’t really need to save. You’ve worked hard for the majority of your life, so don’t sweat the small stuff. If you’ve been diligent in your planning and preparation, you shouldn’t have to be worried about tiny savings here and there.
As always, it is recommended that you sit down and meet with your trusted financial advisor to make sure you don’t outlive your savings in retirement. Click HERE to request your retirement review!