The Wall Street Journal recently published an article based on what retired readers found to be the biggest surprises of retirement.
Among noteworthy observations:
- People tend to spend more than they anticipated. Although work-related expenses (like commuting, dry-cleaning and restaurant meals) disappear, travel, recreation and medical bills go up.
- Not working can affect one’s sense of worth. Look for volunteer tasks – or part-time jobs – to compensate. Dedication to a new or old hobby can help, too. Always wanted to learn to play the piano? Now is the time.
- Social life changes: For many of us, our lives and friendships are anchored in our work environment. That, unavoidably, changes in retirement regardless of promises of former workmates to stay in touch. Make an effort to reach out to other retirees in the community. If you like to read, join a local library book club, for instance. One retiree noted happiness in retirement is directly related to the people you spend time with.
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