5 TIPS FOR HAPPY RETIREMENT

For happy retirement, here are five tips:

Think health not wealth:

You probably spent most part of your life chasing wealth. Now is the time to face your health. Data sourced from a study conducted by Merrill Lynch stated that more than 80 percent of today’s retirees say health is the most important ingredient for a happy retirement, meaning that the majority value good health even over financial security. In fact, only 58 percent of retirees say being financially secure is most important to them. The best retirement plan involves not just your finances but also ways to stay mentally and physically healthy.

Make exercise fun:

Try making exercise something you look forward to, instead of something you have to do. Instead of walking on a treadmill, take walks through the park.

Research the best places to retire and go there:

New lists about the best places to retire are common. While it is possible that you already live in the best place for you, it is also possible that there is a better place for your retirement. Best of all, relocating may give you more money for retirement expenses if you manage to downsize or move to a more economical location.

Make your dreams a reality:

Anything is possible with the right prioritisation. If travel is what you have always dreamed of, make your dream a reality. Achieving what you want out of retirement can be a matter of setting a goal and then prioritising that goal above everything.

Be social:

Research abounds on the benefits of being social as we age. The links between healthy social relationships and better health are well established.