7 Things to do When you Retire Early

Everyone will come to retirement under different circumstances and with different goals in mind. Some will have planned for early retirement, while others may unexpectedly face retirement earlier than planned.

Whatever the circumstances, it’s important to realise that this can be an exciting time in your life. For probably the first time, you’re no longer tied to things you have to do, like going to school, college or work.

group holiday

Of course, for most people there will still be family commitments and loved ones to see but this shouldn’t hold you back from exploring some of the things you dreamt of doing for years but never got around to.

So, if you’re newly retired or planning for the future and looking for some ideas to add to your list for the future, we’ve got you covered.

1. Travel

It might seem like the obvious option but making a list of all the places you’ve never seen – near and far – is a good way to start planning any retirement trips. You don’t have to go on an Amazonian adventure but maybe you’ve never seen the Eiffel Tower in person or watched the sunset over Galway Bay.

Everyone has their own tastes when it comes to travel and now that you have so much more free time, give yourself something to look forward to by booking some trips in advance.

Lots of hotels in Ireland and abroad offer special midweek or retirement deals so be sure to ask about those before you book.

2. Take up a new hobby

Have you always wanted to learn how to play the piano? Or maybe you want to make some pasta for your family from scratch? There are far too many possibilities to mention but if there is something you wish you’d always learned but you just never got around to, now is the time.

Of course, you might not be the only person in your family who wishes to take up the same hobby so why not ask your children or grandchildren and maybe you can take up something new together. Children can teach us just as much as we can teach them sometimes.

3. Volunteer

Retirement is a great opportunity to give back to your community. There are lots of organizations all over the country that need volunteers for everything from administrative duties to helping with events and activities or carrying out various tasks.

If there is a charity that is particularly close to your heart or one that you know operates in your area, you should reach out to them to see if you can volunteer and put your years of skills to use to benefit those who are less fortunate.

4. Spend more time with your family

Of course, once you retire, your family will more than likely be one of your main priorities. It’s exciting to think that now instead of getting Skype calls and photos of those school sports days or concerts, you will actually be able to attend.

Whether it’s your own children, grandchildren or great-grandchildren, they will surely be delighted that they can spend some more time with you.

5. Become an entrepreneur

Taking early retirement doesn’t necessarily mean you have to stop working. It’s not uncommon for retirees to use the opportunity to explore the idea of setting up their own business.

Being your own boss is very appealing and for those who have always had an itch to be an entrepreneur, retirement can be the perfect springboard.

So, whether it’s consultancy in your area of expertise, a blog or something entirely different, go for it.

6. Get active

Your health is your wealth, as they say. So, if you want to be able to enjoy your early retirement for many years to come, you should focus on maintaining your own health and wellbeing.

As well as having more energy to do whatever you decide to spend your days doing, you will feel healthier and have a happier mindset as well.

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If you’ve never focused on your fitness before, check out your local gym for classes suitable for beginners and get yourself signed up. Signing up and showing up is often the hardest part, once you get there, the instructor will guide you through the class at a pace that’s suitable for your level of fitness.

Maintaining a good level of fitness as you get older can help to strengthen your heart, increase bone density, relieve arthritis, aid a good night’s sleep and more.

7. Keep track of your financial situation

Retiring is something that everyone plans for financially, but that planning shouldn’t stop once you have retired.

Regardless of whether you plan to travel around the world or something less expensive, you should still take time out to reassess your finances every few months during your retirement.
Not only will it allow you to plan more cost effectively, it will give you peace of mind to know that you are living comfortably and can carry on ticking things off your bucket list.

Relax in luxury at the four-star Clayton Whites Hotel

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Clayton Whites Hotel in County Wexford is the perfect getaway location for the young at heart. We offer specially tailored packages for over 55’s that include a 3-course evening meal at the Terrace Restaurant. Guests can also enjoy our Club Vitae facilities such as the 20 metre pool, sauna and jacuzzi. Take a break in style at Clayton Whites Hotel.

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Start planning your trip to Wexford and book your perfect break at Clayton Whites Hotel .

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