Ask America’s ultimate experts

A new phase in life can be both exciting and scary. Here, experts share how to ensure your next chapter is as fulfilling as it is freeing

What’s next? Retire the ‘r word’

In interviewing scores of retirees, Marilyn Bushey found that most of them had an aversion to the word “retirement.” “Call it your ‘next chapter’ instead, because you’ll likely have more than just one,” she says. “Ask yourself what’s important to you and what brings you ‘aliveness.’” That may mean spending more time with hobbies or doing parttime work, volunteering or taking classes. “This next phase of life brings freedom, but freedom can be overwhelming—just trying to envision the type of ‘retirement’ you want is the first step.”

Grab an index card

“Jot a few of your resources and challenges on an index card, such as your ‘team,’ mentors or loved ones who’ll help you, as well as questions like where you want to live and what your time line looks like,” advises Bushey. “Then ask yourself, Does this reflect the balance I want? ”A short plan is concrete yet not overwhelming, signaling to your brain to take action.

Ask around

The decision a lot of retirees second-guess? “They often say they wish they had thought through where they want to live a bit more,” says expert Robin Ryan. “Many people want to downsize, so as soon as they retire, they move.” But relocating even 45 minutes away can be a huge change. “Consider renting for a year instead of buying right away, and knock on a few doors, asking folks what they think of their community. It pays to put yourself out there to ensure it’s the right fit.”

On your terms Shorten your bucket list

“Ask yourself, what are two things you’d regret not doing?” says Ryan. Then give them a clear time line. “Look ahead two or three years. For example, I wrote that in 2023, I want to spend three weeks in Australia.” Giving yourself a deadline makes you accountable to your dreams, she assures. “Women tell me all the time, ‘I wish had done X sooner,’ so get out there and start doing.”

Feel ‘time rich’

“So many retirees say, ‘I wonder how I ever had time to work!’ because time slips through their fingers,” reveals Bushey, who advises having two daily routines, anything from walking to praying, to structure your day.

Once you create this backbone, you’ll feel more purposeful with your time. In fact, studies show the happiest retirees have about four hobbies while the least happy have fewer than two.

Widen your social circle

When folks on the cusp of retirement are asked what they think they’ll miss most, they often say it’s the paycheck. But when asked that question a year after retirement, they say it’s friendships and co-workers, reveals expert Marilyn Watson. “Whether you join a book club or volunteer, it’s important to keep those ties vital because they’ll keep you vital.” Adds Bushey, “Just follow your dreams and keep exploring— you’re free to design your life and make a personal decision about what this chapter will be.”