5 TIPS FOR HAPPY RE­TIRE­MENT

Daily Trust - - BUSINESS - By Francis Arinze Iloani

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.

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