Finding Purpose and Happiness in Retirement

Retirement can be an exciting new chapter, but it can also be a challenging transition. Without the structure of a job and career to define your days, it's normal to struggle with questions like "What is my purpose now?" Here are some tips to help you redefine yourself in retirement in a way that brings happiness and meaning.

Stay Active and Engaged 

Idle time can lead to feelings of boredom and purposelessness. combat this by staying active and engaged. Take up hobbies and activities you've always wanted to explore - gardening, golf, painting, volunteering at a local non-profit. Join clubs or community groups to connect with others who share your interests. Staying active, both mentally and physically, will provide structure and give you a sense of accomplishment.

Set New Goals

When you retire, you end one major chapter of goals and achievement. But it doesn't mean you stop setting goals altogether. Think about what unfulfilled goals you have for yourself and set a plan to work towards them. Learn a new language, write a memoir, get in shape - having defined goals will give you a sense of direction and purpose. 

Give Back to Others

Using your time and experience to help others is tremendously rewarding. Volunteer with organizations that resonate with you, like libraries, schools or environmental groups. Tutor children or teach adult education classes. Mentor young professionals starting out in your former field. Giving back fills your days with meaning and allows you to make a difference.

Redefine Your Identity

For many, our career becomes a major part of our identity. In retirement, focus less on what you did, and more on who you are. Pursue activities that allow you to express your authentic self, instead of how the work world defined you. Spend time reflecting on your values, passions and interests outside of work. Then orient your days around the pursuits that make you feel the most alive and fulfilled.

Retirement is an opportunity to reinvent yourself and pursue the life you want. By keeping active, setting new goals, helping others and focusing on self-discovery, you can craft a retirement filled with purpose, meaning and joy.

Essential Skills for a Fulfilling Retirement

Retirement isn't just about enjoying the fruit of your years of hard work. It's also about navigating a new way of life with its own unique challenges and opportunities. Today, we'll look at some of the essential skills you'll need to make the most of your retirement years.

Financial Literacy

Since retirement brings a significant change in your income, managing your finances becomes crucial. Understand the concepts of inflation, interest rates, and how taxes affect your financial decisions. Do you need help? Consider consulting a financial advisor to help you navigate your way through.

The first skill on our list, is an absolute must-have in your retirement toolkit. In the simplest terms, it refers to understanding how money works, specifically in terms of how to earn, manage, invest, and donate it to help ensure a secure future.

The transition into retirement often comes with a shift from regular income to relying on savings, pensions, and investments. It's important to understand how to manage these resources to maintain your lifestyle and meet your needs throughout your retirement years. This includes understanding concepts such as inflation, which slowly erodes the value of money over time, and interest rates, which can affect the returns on your savings and investments.

Knowledge about taxes is equally important. Are you aware of the tax implications of withdrawing from your retirement accounts? Understanding tax laws can help you make informed decisions that minimize your tax burden and maximize your net income.

Investment is another area where financial literacy comes into play. Diversifying your investments can spread risk and potentially increase your returns. But remember, investments come with their own set of risks and it's important to understand these before making any decisions.

Budgeting is another crucial aspect of financial literacy. This involves understanding your income and expenses and planning accordingly to ensure you live within your means. This might mean cutting back on non-essential expenses or finding ways to supplement your income.

There are plenty of resources available to help improve your financial literacy, from books and online courses to professional financial advisors. It might be a good idea to consult with a financial advisor who can provide personalized advice based on your specific circumstances.

Health Management

There's a saying that if you've got health, you've got wealth. Regular exercise, a balanced diet, and frequent medical check-ups are key to keeping you in tip-top shape. But don't forget about mental health. Stay socially active, keep learning, and engage in activities that bring you joy and satisfaction.

This is a cornerstone of a happy and fulfilling retirement. It's more than just the occasional doctor's visit or taking your prescribed medications. Health management involves a holistic approach to your well-being, encompassing both physical and mental health.

Regular exercise is paramount as we age. It strengthens the heart, reduces the risk of many diseases, and can even improve your mood. Aim for a mix of cardiovascular exercises like walking or swimming, strength training for muscle and bone health, and balance exercises to prevent falls. Always remember to consult with your healthcare provider before starting a new exercise regime.

A balanced diet is another key component of physical health. Focus on whole foods, like fruits, vegetables, lean proteins, and whole grains. Minimize processed foods that are often high in unhealthy fats, sugar, and sodium. Proper nutrition can help manage weight, keep your heart healthy, and boost your immune system. It's also important to stay hydrated, especially in hot weather or after exercising.

Regular medical check-ups are a must. These visits can help detect potential issues early when they are most treatable. Make sure to adhere to recommended screenings and immunizations for your age group. Don't forget about dental and eye health, which can impact your overall well-being and quality of life.

Now, let's talk about your Mental Health. It's just as important as physical health but often overlooked. Mental health involves your emotional, psychological, and social well-being. It's about how you feel, think, and behave. Keeping your mind active is crucial. Engage in activities that challenge your brain, like puzzles, reading, or learning a new skill.

Social connections also play a vital role in mental health. Stay in touch with family and friends. Join local clubs or community groups. Loneliness can lead to depression and cognitive decline, so don't underestimate the power of a good chat with a friend.

It's also important to recognize and deal with stress, anxiety, and depression. It's okay to seek professional help if you're feeling down or anxious. Therapists and counselors are there to help you navigate these feelings and provide you with tools to manage them.

Time Management

You've got all the time in the world now, but how you use it can greatly affect your retirement life. Establish routines, plan activities that you love, and even consider part-time work or volunteering. It's all about keeping busy and feeling productive.

It may feel like you've just been handed an abundance of free time. Without the structure of a 9-to-5 job, your days might seem wide open. But this is where time management comes in - it's all about utilizing this newfound freedom effectively to enhance your quality of life. It's about striking a balance between activities that bring you joy, provide a sense of accomplishment, and contribute to your overall well-being.

One of the first steps you could take is to establish a routine. Human beings are creatures of habit, and having a routine provides a sense of structure and normality to our lives. Your routine could include fixed times for meals, exercise, hobbies, social activities, and rest. But remember, your routine should work for you, not against you. It's not set in stone and should have enough flexibility to accommodate spontaneous plans or simply those days when you want to do nothing at all.

Consider planning your activities. Retirement is the perfect time to dive into hobbies old and new, to visit places you've always wanted to see, or to learn that skill you've always been interested in. Setting goals and planning activities around them not only gives you something to look forward to but also brings a sense of purpose and fulfillment.

While it's important to keep busy, it's equally important to make time for relaxation. Rest and relaxation are not just about sleeping or watching TV. They could also involve activities like reading, gardening, meditating, or just sitting and appreciating the beauty of nature. These activities allow your mind and body to recharge and can contribute to your overall well-being.

If you're the kind of person who enjoys staying active and involved, consider taking up part-time work or volunteering. Both options provide opportunities to interact with others, give back to the community, and maintain a sense of purpose and structure.

Remember, time management in retirement is about finding the right balance between activity and relaxation, social interactions and solitude, routine and spontaneity. With effective time management, you can create a retirement lifestyle that is not only fulfilling but also uniquely yours.

Social Skills 

You're not an island, and maintaining connections with friends, family, and the community is vital. Don't be shy to join local groups or activities. Meet new people, keep old friendships alive, and don't forget to communicate openly and honestly with your loved ones. As social beings, our interactions and connections with others contribute significantly to our sense of happiness and well-being.

In retirement, maintaining and establishing social connections may become difficult.  You have lost so many of your normal contacts from when you had that 9-5 job.  Everyone moves on and because you are no longer a part of their scene, you are either forgotten or simply left out. It then becomes imperative that you seek out social support such as family, old friends, new acquaintances, or community groups. 

However, making new connections late in life is more difficult than when you were younger.  This may play a role in why there is so many retired people who are lonely. To address this issue requires that you take charge and make the first steps, which is not easy.  Taking risks, like putting yourself out there, involves the possibility of being rejected or hurt. That said, there are ways you can make new friends and new acquaintances in retirement and it is up to you to do so. Regular interaction with others can keep you mentally stimulated, provide emotional support, and stave off feelings of loneliness and isolation.

To engage with new people you need to learn to express your thoughts and emotions clearly and understand those of others. Good communication builds friendships that are meant to last.  Listen to what other are really saying.  Speak up about your feelings and your thoughts when asked. By doing so, you will find your new "tribe" that will be your social net during retirement.

Lastly, don't be afraid to step out of your comfort zone. Join clubs, participate in community events, volunteer, or even try out social media platforms. Each of these activities presents opportunities to meet new people and build new relationships.

Adaptability

Change is your new best friend, and it is the only constant in life, with retirement being a major one. Whether it's adapting to a new budget, moving homes, or dealing with changes in your health or family situation, being flexible and open to change is key.

With retirement comes so many changes all at once and you may feel overwhelmed at first.  Step back and take a deep breath. You don't have to decide or change everything all at once.  You can make gradual changes over time to allow your mind and body to adjust to this new part of your life. Only with adaptability can you get through all the changes.  Remember that you have overcome mountains of issues in your life; you certainly can run up this hill.

Lifelong Learning 

Never stop learning. Keeping your mind active and moving is tantamount to surviving retirement. Now that you have extra time, why not do some of those things you have on your list that you could never get around to? Ever wanted to learn a new language or pick up a musical instrument? Now's your chance! Keeping your brain active and engaged can contribute greatly to your overall happiness and fulfillment.

There are so many opportunities available for you to learn new things. With the internet, you can find just about any learning you may require.  Learning to play and instrument? Check out YouTube videos until you have the basics and then find a teacher in your area. Always wanted to speak French? There are so many language learning apps that you can do it now. There really is no limit to the things you can do in retirement if you simply go out and do it.

So, there you have it. Retirement is a journey, not a destination, and the path you carve is entirely up to you. Make sure to pack these essential skills in your retirement toolkit and remember, the best is yet to come!

Moving to a Smaller Town

To continue our series about various retirement locations, today we look at small town vs. big city.  So far in this series we have explored moving overseas, best places in Europe, best places in the Far East, best places in the UK, and the best places to retire in the US.

When you retire, so many things in your life change.  You lose contact with many people from your work because they are still busy working and you are not there.  You lose some of your income; unless you are very rich, even with a decent retirement savings, your lifestyle will change due to the need to conserve money.  You will find yourself at loose ends sometimes because you are so used to the routine of working and now have no structure. These are just some of the things you have to deal with after retirement.  

In an effort to save money and become safe and secure, you might consider moving (selling a house that is paid for to help fund your retirement).  Some recent retirees consider moving to smaller cities or towns to live where the lifestyle is slower and they can enjoy life more.

If that describes you, read on.  We are going to explore the pros and cons of leaving the city to move to small town America in this post. Let's begin by listing the pros and the cons:

 The Pros and Cons of Embracing Simplicity:

 Pros:

1. Peacefulness and Tranquility: Smaller towns offer a serene and calm environment that can be a breath of fresh air, especially after the fast-paced city life. Picture waking up to the soothing sounds of birds chirping and enjoying a cup of coffee in your backyard without the constant buzz of traffic.

2. Stronger Sense of Community: In smaller towns, a tight-knit community thrives, where neighbors genuinely know and care for one another. You'll find a warm and welcoming atmosphere that fosters deeper connections and a sense of belonging. The opportunity to make lifelong friends is abundant.

3. Affordability: One of the most significant advantages of moving to a smaller town is the cost of living. Housing, groceries, and other essentials are often more affordable, allowing you to stretch your retirement budget further and potentially even live a more comfortable life.

4. Closer to Nature: If you're a nature enthusiast, moving to a smaller town brings you closer to beautiful landscapes, scenic trails, and pristine outdoor spaces. Embracing nature becomes a part of your daily routine, providing endless opportunities for hiking, biking, or simply enjoying the breathtaking views.

5. Slower Pace of Life: In a smaller town, time seems to slow down. The frantic rush that accompanies city living diminishes, giving you the chance to savor life's simple pleasures. Embracing a slower pace allows for increased relaxation, self-reflection, and a chance to appreciate the little things.

6. Reduced Traffic and Commute: Bid farewell to the never-ending traffic jams and long commutes. Moving to a smaller town means shorter travel times and less congestion on the roads, freeing up your schedule and reducing stress levels.

Cons:

1. Limited Amenities and Services: Smaller towns may not offer the same extensive range of amenities and services as larger cities. While you'll still find the essentials, specialized stores, healthcare facilities, or entertainment options may be limited. It's important to consider your needs and preferences before making the move.

2. Lack of Cultural Activities: Cultural diversity and a vibrant arts scene are often more prevalent in urban areas. If you frequently enjoy attending concerts, art exhibitions, or theatrical performances, moving to a smaller town may mean sacrificing some of these cultural activities.

3. Potential Social Adjustments: Moving to a smaller town can be an adjustment, particularly if you're accustomed to the anonymity and diversity of city life. It may take some time to find your niche and build a social circle. However, the strong community spirit often compensates for this initial challenge.

4. Limited Job Opportunities: If you're still seeking employment or plan to work part-time during retirement, smaller towns may have fewer job options compared to larger cities. Research the local job market and consider any potential limitations before making a decision.

To be honest, there are plenty of issues to think about if you want to move.  Remember that each and every place you look at will have some of each of the pros and cons to deal with, so choose wisely. The peacefulness, sense of community, affordability, and closer connection to nature are undoubtedly appealing aspects. However, it's crucial to weigh the potential drawbacks, such as limited amenities, cultural activities, and job opportunities, against these advantages.

Ultimately, it comes down to your personal priorities and what you value most in this chapter of your life. So take your time, explore different towns, talk to locals, and envision yourself in these serene surroundings. Only then will you be able to make an informed decision that aligns with your retirement dreams.

On that note, here are five of the best small towns in the United States to consider for retirement:

1. Asheville, North Carolina:

Nestled in the stunning Blue Ridge Mountains, Asheville offers a blend of natural beauty, vibrant arts scene, and a strong sense of community. With its mild climate, retirees can enjoy outdoor activities like hiking and golfing year-round. The town boasts a thriving downtown area, renowned restaurants, and numerous cultural festivals, making it an ideal choice for those seeking an active and culturally rich retirement.

2. St. Augustine, Florida:

Known as the oldest city in the United States, St. Augustine combines history, charm, and a laid-back coastal lifestyle. Retirees can explore the city's fascinating historical sites, stroll along beautiful beaches, and enjoy a wide range of recreational activities like boating and fishing. The town's pleasant weather, affordable living, and numerous retirement communities make it an attractive destination for retirees seeking a relaxed coastal retirement.

3. Bend, Oregon:

Nestled in the picturesque Cascade Mountains, Bend offers a perfect balance of natural beauty, outdoor recreation, and a vibrant downtown. With over 300 days of sunshine per year, retirees can enjoy activities like hiking, biking, skiing, and golfing. The town also boasts a thriving craft beer scene, a rich arts community, and a variety of cultural events, providing ample opportunities for social engagement and exploration.

4. Beaufort, South Carolina:

With its southern charm, rich history, and scenic coastal location, Beaufort is a gem of a town for retirees. The area offers beautiful antebellum architecture, quaint streets, and a slower pace of life. Retirees can indulge in activities such as boating, fishing, and exploring the nearby barrier islands. The town's warm climate, friendly locals, and affordable cost of living make it an inviting destination for those seeking a peaceful and charming retirement.

5. Durango, Colorado:

Nestled in the San Juan Mountains, Durango is a haven for outdoor enthusiasts and nature lovers. With its breathtaking landscapes, including nearby national parks and the Animas River, retirees can indulge in activities such as hiking, fishing, and skiing. The town's vibrant downtown area offers a mix of shops, restaurants, and cultural events, creating a vibrant social scene. The excellent healthcare facilities and a strong sense of community make Durango an excellent choice for an active retirement in a stunning mountain setting.

This is not a complete list of appropriate locations to retire to.  It is intended to show you that there are plenty of perfectly lovely places that would fit well with your retirement ideas and plans.

Remember, choosing the right town for retirement is a personal decision, and it's essential to consider factors such as climate, cost of living, healthcare facilities, recreational opportunities, and community engagement before making a final choice. Take the time to visit these towns, explore their unique characteristics, and envision yourself enjoying the lifestyle they offer.

The Right Routines and Habits to help you make Retirement better

 

The most successful people have specific routines and habits they follow daily. Do you?

 Many of them have a morning routine to start each day. It lets them think about their goals, what they want to accomplish, and focus on the things that are most important.

 Retirement can be tough. Learning and implementing the habits and routines the top leaders do differently can mean the difference in your own life and retirement.

 What are a routines and habits?

Routines are activities or procedures that are performed at regular intervals or specific times. A habit is a behavior pattern acquired by frequent repetition. So, by having a routine filled with good habits, you can boost your quality of life and possibly boost your income, too.

You may have already implemented the habit of some type of time management process into your day to keep from wasting time. That’s great. But what other ways can habits help you be successful?

 Habits help you be successful by forcing you to follow routines. They set you up to follow through on your goals. They give you the discipline to take action and complete tasks and to focus. They create a pattern of consistency.

But how do you get these good habits? And how do we know which habits matter the most? That’s where this guide is going to help. In it, you’ll see what good habits you should be cultivating and using in your daily life to boost your satisfaction and possibly your bottom line. It will show you how to create consistency and other habits that lead to little wins and how habits contribute to the big picture.

Advantages of Good Habits

Everything we do or accomplish in life is the results of our habits. What shape you are in is the results of your habits. How happy or unhappy you are the result of your habits. Whether you lead a successful life or not is a result of your habits.

What you do repeatedly affects your beliefs and your personality. If you want to be successful, healthier, slimmer, happier, etc., having good habits is at the core.

You can set goals to reach, but if you don’t have the right habits or set up the right routines, it’s unlikely you’ll reach those goals.

 

• Good habits allow you to reach your goal. If for example, your goal is to lose 20 pounds, and you develop the habit of exercising 30 minutes a day, it’s likely you’ll not only reach your goal but exceed it because you’ve developed a habit you will continue doing.

 

• A good habit is developed for life. Once you start a habit and consciously do it daily, it becomes ingrained in you for life.

 

• It’s easier to form a habit than it is to accomplish a goal. Habits are repetitive behaviors we do daily while a goal is something that we have to work toward.

 

• Forming good small habits is recommended before trying to create complex habits.

 

Good Habits For The Big Picture

Motivation is good to have when it comes to success. But it’s not what will make you successful. Having good habits will. When your days are filled with habits that help you on your journey towards the big picture goal, you’ll eventually find success. When it comes to boosting sales and succeeding at marketing, you want to develop good habits for the long run.

 Here are 35 good habits successful people use:

 

1. Wake up at the same time every day, preferably before 6 am every day. Create a sleep routine to help you have more energy to be able to work more during the day.

 

2. Keep your to-do list small and scaled down. Do the most important tasks first.

 

3. Finish your to-do list daily. Do what you set out to do in the beginning of the day.

 

4. Read inspiring books like autobiographies for 30 minutes before you begin your day.

 

5. Make it a habit to define your life by the happiness it brings you.

 

6. Use time management tools to know how much time you are spending on tasks.

 

7. Use a journal for planning, scheduling, and important things. Use a separate journal to write down your big ideas, thoughts, goals and what you want your life to be. Retirement does not mean the end of your life or goals.  Continue to think big and plan to do things.

 

8. Use your time efficiently. Set up time blocks of no more than 2-hour sessions and focus on each task solely for that period.

 

9. Plan for and take breaks throughout the day. Walk around your home, jog in place, or do some form of exercise to keep your mind working effectively.

 

10. Spend an hour in the evenings reading about to increase you education and strengthen your mind.

 

11. Keep your body physically fit. Work out with a daily regime for a strong body. Challenging your body and clearing your mind prepares you for the challenges of business.
    
    
    

 

12. Create a morning routine.

 

1. Before you go to sleep the night before, lay out your clothes, prepare your meals, and make sure you know where all of your personal items are to make it easier to find them.

 

2. Don’t hit the snooze button. Wake up and get up with the first alarm. This mindset trick makes your brain feel like you’re ahead of the game. A brighter mindset leads to confidence and success.

 

3. Exercise and meditate in the morning.

 

4. Sit down and enjoy a healthy breakfast. You need something more than a cup of coffee. Two eggs, a banana, and a slice of toast if you are in a hurry.

 

5. Take 5 minutes to plan your day. Note what the most important things you need to do that day are. 

 

13. Set aside time to prepare before any activity that may require your input in a way that makes you uncomfortable. Most of us hesitate to speak publicly due to "stage fright" so that would be an example you would need to prepare for.

 

14. Get enough sleep so you are well rested and alert. According to the American Academy of Sleep Medicine (source: https://aasm.org/resources/factsheets/sleepdeprivation.pdf) the optimal amount is between 7 and 9 hours each night. Anything less can cause irritability, decreased motivation, anxiety, reduced energy, fatigue, poor decision making, forgetfulness, and increase in errors.

 

15. Be positive and surround yourself with positive people. Unhappy people hold you back with their negativity and envy. Happy people don’t tear you down.

 

16. Listen, listen, and listen some more. Listen to what your peers and family say. Listening helps people feel like you care and build relationships. It also lets you know what is and isn’t working with relationships.

17. Get and stay organized. Make lists, set daily goals. Keep your office organized and your computer desktop organized. Get rid of clutter that distracts you from your tasks.

 18. Keep some balance in all areas of your life. Make time for relaxation,           spending time with family and friends, exercise, your emotional and             spiritual needs and work.

 

19. Be grateful. Write down what you are grateful for each day.
    
    
    

 

20. Connect with your friends first thing every day. Use any method that is comfortable for you to reach out and connect with them.  Use the phone, mail a card, use social media; the method doesn't matter, just that you stay in contact.

 

21. Plan your week on Sunday. Spend a few minutes planning what you need and want to accomplish during the week. Make sure the tasks align with your goals, as well.

 

22. Revisit your annual and monthly goals often to make sure you are on track to where you want to be.

 

23. 
    Meditate. Begin each day with some form of meditation. Focus on your breathing for 10 to 15 minutes to clear your mind so you can begin your day on a positive note. Yoga, Tai Chi and other forms of slow movement are also good for mindful thinking.
    

 

24. Listen to podcasts to improve your knowledge and build brain strength. These enable you to learn while you do a routine such as exercising or cleaning the house. Choose uplifting or encouraging podcasts. They can be found on a variety of topics from personal help to business strategies.

 

25. Do your most difficult task first, when your mind is clear and your ability to focus is at its strongest point. This strategy maximizes your efficiency and provides a feeling of success for the rest of the day.

 

26.  Drink lots of water. Water hydrates us, gets our muscles and body working. Lethargy and low energy are signs you are dehydrated.

 

27. Optimize your processes by setting up patterns that help you accomplish everything daily.  Some call this "Habit Stacking", where you associate several habits together into blocks and you always do those same things together.

 

28. Say “no” to tasks or obligations that aren’t in line with your goals. Don’t agree to take on things you don’t want to do.

 

29. Use any hacks you know to make getting things done easier.

 

30. Find tools to use to help you reach your goals and make your day successful.

31. Be prepared to fail. No matter how successful you are, you will fail at some point. Being prepared will help you to learn from it.

 

32. Measure and track everything you do. This enables you to get a factual and mental picture of your progress. In addition, you can see where you need to make adjustments.

 

33. 
    Set up a budget and spend wisely. But, don’t be afraid to make purchases on things that will help you grow or make your life better.  You should be able to enjoy this life you have right now, but don't go overboard.
    

 

34. Spend time networking and building your relationships with others. You can do this on social media, through email or at local gatherings.

 35.  Make a habit of asking questions to identify what your friends and                family actually wants and needs from you.

 When working toward the big picture it’s important to create and perform good habits that build a strong, healthy foundation for an enjoyable retirement.

Are You Entrepreneurial Material?

 

When you retire, your income drops considerably and you may be considering ways to make extra money.  I am always open to making more money, as are most people, but to actually do it, you need to have certain skills and personality traits. You need to be creative, a good problem-solver, be resilient, adaptable, passionate about something, and have some leadership skills.

If that sounds like you, then you also have to have a clear vision of what your goals are and be willing to learn from mistakes.  You will also need to develop, if you don't already have this, a network of support and resources to use in this endeavor.

Here is a short Y/N quiz to help you decide if you have entrepreneurial potential:

1. Do do you enjoy taking calculated risks?
2. Are you passionate about an idea or product?
3. Are you comfortable with uncertainty?
4. Do you have strong problem-solving skills?
5. Are you a self-starter?
6. Are you comfortable with networking and building relationships?
7. Are you willing to work long hours?
8. Do you have a strong work ethic?
9. Do you have a good understanding of your industry?
10. Are you willing to learn new skills?
11. Do you have a strong support system?
12. Do you have experience in business or management?
13. Are you comfortable with technology?
14. Are you willing to take on multiple roles?
15. Do you have access to funding or resources
16. Are you able to adapt to changing market conditions?
17. Do you have a clear business plan?
18. Are you able to handle rejection or failure?
19. Are you willing to make sacrifices for your business?
20. Are you able to persevere through challenges? 

If you take this quiz and have more Y answers than N answers, then you are definitely entrepreneur material.  Entrepreneurship  requires a combination of skills and traits, to be successful.

If you have more N answers than Y answers, no sweat.  It just means that you may not want to be an entrepreneur until you acquire some of these things.  Learning more about business and management is available both online and in person, so you will have no problem getting the information you need. However, having the information is only part of the puzzle.

You will also have to find something to be passionate about because you will be working hard on this one thing and it will help if you feel strongly about it.

Entrepreneurship is not for everyone, as it requires a significant investment of time, effort, and resources.  That said, for those with the right skills and mindset it can be a rewarding and fulfilling path.

If entrepreneurship does not make you light up, maybe you need to consider some type of side business that you don't have to start up yourself.  There are so many avenues to side businesses and you can find many opportunities online.  I would like you to consider, when thinking about side businesses, all of your own expertise that you have acquired over your lifetime.  Somewhere in there is a seed for a good side business that you will and can thrive in.

I hope this has been helpful and has helped you decide how you want to proceed in your search for ways to expand your income in retirement.

Expand Your Social Circle in Retirement: New Beginnings

 

New Beginnings: How to Expand Your Social Circle in Retirement

Retirement is a time to sit back and enjoy the fruits of your labor. However, it can also be an incredibly lonely time if you don't have a social circle or community to rely on. I know that when I retired, I lost my work community who supported me both physically and emotionally through the stress and dangers involved with my work.  I trusted that group of people with my life and depended on them to protect me if needed.  I also returned that favor to them all.  Then, poof!, it was gone.

Not only did I lose my work community, but I also had to move to another state where I was able to live on the income I had.  Living in Austin, TX was not a viable option due to the cost of housing there.  I moved to OK to live by my children and family who were able to help me if needed. So, I effectively lost all of my friends and support the minute I retired.

Meeting new people and making friends after retirement is vital for maintaining good mental health, but seems insurmountable at times. Studies have found that social isolation and loneliness among older adults can lead to higher rates of depression, cognitive decline, and even death. 

I struggled for a couple of years to meet new people, but it was a very slow process.  Then I decided to join an exercise class because I needed the exercise and hoped to meet new people there. Over time, I was able to develop new relationships and engage in activities with others that helped me lead a happier life. 

Here are some tips on how to meet new people after you retire:

Join a Club or Group

Find a club or group that interests you

You don't have to stop pursuing your interests. In fact, it's the perfect time to explore new hobbies and passions. One great way to meet new people is by joining a club or group based on your interests. This is exactly what I did when I decided to join Silver Sneakers exercise group.

It doesn't matter what you enjoy--reading, hiking, gardening, or playing cards, there's bound to be a club or group out there for you. Start by doing some research online or asking around at your local community center. I also found that by joining my local Senior Center I was able to find groups to interact with there as well as hear about local events for seniors to attend.  One such event was free tickets to go to the ballet with the group.  I went and it was wonderful!

There are websites like Meetup.com you can look into and find groups in your area that are centered in one of your interests. Once you've found a few groups that interest you, reach out to the organizers and ask about attending their next meeting or event. I did this also and met several lovely ladies who enjoyed gardening as much as I do.  We used to talk regularly about our gardens.

Attend meetings regularly and participate in activities

Volunteer

Once you've found a club or group that suits your interests, it's important to attend meetings and events regularly in order to get to know other members. Participate in group activities and conversations as much as possible - this will help you build relationships with other members more quickly. Don't be afraid to initiate conversations with other members outside of scheduled meetings too! I know that some people cringe at the thought of initiating conversations with strangers, but I am here to tell you that you can learn to do this without all the jitters, but you have to start doing it and with time, it becomes easy as pie.  After all, they are just people and what's the worst that can happen? What's the best thing that can happen?

Suggest getting together for coffee or lunch after an event. My Silver Sneakers group regularly met for coffee after class.  It was because of our coffee dates that we learned about one of our friends being a thespian.  He invited us all to come see him perform at a local theater and we did.  We had such a great time and the play was great!  He really had great talent! Remember that everyone else in the group is also looking for social connections - so be proactive and take the initiative when it comes to building friendships.

Joining a club or group can be one of the best ways to meet new people after retirement. Not only do these groups provide opportunities for socialization, but they also allow retirees to pursue their passions and continue learning new things .

Giving Back While Meeting New People

Volunteering can be a fulfilling way to spend your retirement years. It’s a great way to help others, make a difference in your community, and meet new people at the same time. There are many different organizations and causes that need volunteers, so it’s important to find one that you’re passionate about. Since I have once again moved to a new place to live with my daughter, I am again faced with the problem of not knowing anyone here.  Although I remain in contact with all my friends from my old address, I would love to discover new friends here locally.

So to start, I'll consider looking for volunteer opportunities at local animal shelters or rescues and join a local Senior center. These organizations often rely on volunteers to help with events, programs, and fundraisers. I have to put myself out there if I want to make new friends.

You could also consider volunteering at a local hospital or nursing home. These types of organizations often have volunteer programs where you can assist patients, read to them or simply keep them company. Since I was a nurse before retiring, these opportunities do not appeal to me, but you might enjoy sitting with a sick person who has no family and keeping them company.

Finding Volunteer Opportunities

Finding volunteer opportunities is easier than ever thanks to the internet. Websites like VolunteerMatch.org and Idealist.org let you search for volunteer opportunities based on your location and interests. You can also check out the websites of local charities or non-profits in your area. Don't let fear keep you from reaching out to these organizations and finding the right spot for yourself!

When looking for volunteer opportunities, be sure to consider how much time you’re willing and able to commit. Some organizations may require regular commitments while others only need occasional help with events or projects. If you are like me, I keep myself very busy, so time blocking is very important to make sure I don't overdo and become exhausted.

Overall, volunteering is a great way to give back while meeting new people in retirement. By making connections through shared experiences of helping others in need you'll find yourself enriched by the experience more than anything else!

Attend Events

Fun, Sun, and Socializing: Making the Most of Local Events

This is the perfect time to enjoy the many events and festivals in your community. From outdoor concerts to arts and crafts fairs, these gatherings provide an opportunity to meet new people while enjoying fun activities.

To make the most of these events, it's important to have a positive attitude and be willing to strike up conversations with others. Start by noting something interesting about the event or location, such as a unique food vendor or beautiful landscape.

This can be a great conversation starter that leads to deeper discussions about shared interests. Once you've made a connection with someone, try joining them in exploring the event's attractions together.

Check out art exhibits or watch performances together while discussing your thoughts on what you see. By spending time with others in this way, you'll have more fun and make lasting connections.

The Benefits of Community Events for Retirees

Attending community events can offer numerous benefits for retirees beyond simply socializing. These events often provide opportunities for learning new things or trying new activities that you might not have encountered otherwise. For example, attending local cultural festivals can expose you to different cuisines and traditions from around the world. In Oklahoma, I am learning more about the Native American culture and I am also enjoying the food! This is a perfect example of taking advantage of local events to learn new things.

You may even be able to participate in dance lessons or craft workshops that allow you to learn new skills. Community events also offer a chance to support local businesses and artisans by purchasing their products at booths or browsing their wares at fairs.

By doing so, retirees can contribute positively towards their local economy while enjoying themselves at the same time. Overall, attending community events presents an excellent opportunity for retirees looking for social interaction as well as personal growth through exposure to diverse cultures and experiences within their own communities.

Take Classes

Learn something new while also meeting like-minded individuals

This is a great time to pick up a new skill or hobby, and taking classes is an excellent way to do just that. Whether you're interested in art, cooking, or history, your local community college or adult education center is sure to offer classes that pique your interest.

Signing up for a class not only lets you learn something new, but also provides the opportunity to meet others who share your interests. Taking a class can be intimidating at first, especially if you haven't been in a classroom setting for some time. But the benefits out weigh the fear.  When you take a class you are automatically exposed to new people who are also taking that class.  You already have something in common. It is easy, then, to build on your shared experiences and build new friendships.  Don't be afraid to introduce yourself and strike up conversations with other students during breaks or after class.

You may find that you have more in common than just the subject matter being taught. In addition to learning from the instructor and other students during class time, consider joining study groups or attending optional tutoring sessions if available. In this type of setting, people are more relaxed and will be more open to learning about new people and exchanging experiences.

These activities provide additional opportunities for socializing with classmates outside of regular class hours. Plus, working together on assignments or projects can help build camaraderie and deepen relationships among classmates.

Use Social Media

Join Facebook groups for retirees in your area.

One great way to meet new people after retirement is to join Facebook groups for retirees in your area. These groups are designed specifically for people like you who are looking to connect with others in a similar situation.

You can easily find these groups on Facebook by searching for keywords like "retirees," "seniors," or "golden years"  "volunteering" and adding your city or town name. Once you've joined these groups, take a look at the different posts and discussions happening within them.

You may find events, activities, or clubs that you're interested in joining. Strike up a conversation with others who have similar interests, and see if they'd be willing to meet up in person.

Connect with others online and arrange meetups in person.

Social media can be a great tool not only for connecting with others online but also for arranging meetups in person. Use Facebook Messenger or other messaging platforms to reach out to people you've connected with online, and suggest meeting up for coffee or lunch.

When planning these meetups, be sure to choose a neutral location that's comfortable for both of you. This could be a local cafe, park or even the library.

Remember that safety is important when meeting strangers from social media so use caution when arranging an initial meetup. By using social media as a tool to connect with others and arrange face-to-face meetings, you can expand your social circle after retirement without even leaving your home!

Get Involved in Your Neighborhood

If you're looking for a way to meet new people after retirement, there's no better place to start than your own neighborhood. One of the easiest ways to get involved is by attending neighborhood association meetings and events.

Check with your local community center or city hall to find out when these events are held. At these meetings, you'll have the chance to get to know your neighbors and learn about local issues that affect your community.

You may even discover opportunities to volunteer for neighborhood projects, such as helping with a park cleanup or organizing a community garden. By getting involved in your neighborhood, you'll not only make new friends but also feel more connected to your community.

Meeting new people after you retire can be a bit intimidating, but it's also an incredibly exciting opportunity to start new friendships and enjoy new experiences. Whether you're joining a club or group, volunteering your time, attending events, taking classes, using social media, or getting involved in your neighborhood, there are plenty of ways to meet interesting people and make meaningful connections.

The key is to stay open-minded and keep putting yourself out there. Remember that making new friends takes time and effort.

You may not click with everyone you meet right away, but don't get discouraged. Keep trying different activities and groups until you find the ones that feel like the best fit for you.

Be patient with yourself and others as you navigate these new relationships. Don't forget to have fun!

Meeting new people should be an enjoyable experience that adds richness and fulfillment to your retirement years. So embrace the opportunities that come your way and enjoy all the wonderful people you'll meet along the way!