- Less Stress. Being retired means you no longer have all the same obligations as when you were working. ...
- Go to Bed and Wake Up When You Like. ...
- Avoid Annoying Commutes. ...
- You Can Wear What You Want. ...
- Spend More Quality Time with Your Spouse. ...
- Be More Spontaneous. ...
- Do Things You Love. ...
- Exercise More.
What are the pros and cons of being retired?
- Pro: The Opportunity for a Fresh Start. ...
- Pro: The Opportunity to Invest in Family & Personal Relationships. ...
- Pro: The Opportunity to Travel... ...
- Con: The Cost of Healthcare. ...
- Con: The Cost of Accessing Your Own Money. ...
- Con: The Opportunity Cost of Your Benefits Packages.
What are the five stages of retirement?
- First Stage: Pre-Retirement.
- Second Stage: Full Retirement.
- Third Stage: Disenchantment.
- Fourth Stage: Reorientation.
- Fifth Stage: Reconciliation & Stability.
What is a good retirement message?
- Retirement is the world's longest coffee break. ...
- Your someday is here. ...
- Enjoy your days of sleeping late and doing nothing! ...
- I hope that your retired life is the best part of your life.
- Happy Retirement! ...
- Enjoy a long-overdue retirement. ...
- Enjoy your retirement.
What is positive about retirement?
[iii] The study author concluded that retiring from work is good for your health , chiefly due to the benefits of more exercise, less stress and greater sleep enjoyed by people who stop working. In retirement, people are more likely to rate their health as satisfactory.
What age is best to retire?
Part of a sound retirement planning strategy involves choosing the best age to retire. The normal retirement age is typically 65 or 66 for most people; this is when you can begin drawing your full Social Security retirement benefit.
Do early retirees live longer?
Authors of the meta-analysis examined 25 studies and, again, reached an equivocal conclusion. Researchers found no association between early retirement and mortality compared with on-time retirement.
At what age do most people retire?
When asked when they plan to retire, most people say between 65 and 67. But according to a Gallup survey the average age that people actually retire is 61 .
What is the 4 rule for retirement?
One frequently used rule of thumb for retirement spending is known as the 4% rule. It's relatively simple: You add up all of your investments, and withdraw 4% of that total during your first year of retirement . In subsequent years, you adjust the dollar amount you withdraw to account for inflation.
What is life after retirement?
While we're in the daily grind of working for a living, we often visualize life after retirement as happy, stress-free relaxation . ... Without a plan for life after retirement, many retirees find themselves feeling vaguely unfulfilled and restless, craving something more but not knowing what that something might be.
What retirees do all day?
According to the BLS study, retirees are currently allocating about 9.45 of their extra hours each week to leisure activities like travel, recreation, reading and socializing . ... The rest is spent on things like relaxing (about an hour), socializing (44 minutes), and activities like travel (a whopping 3.6 minutes).
How do you know if you're happy with your retirement?
- Happy retirement, [Name]! You've earned it.
- Congrats on your retirement! Enjoy this new chapter.
- Wishing you good health for the future.
- Sending happy retirement wishes your way, [Name]!
- Have a wonderful retirement, [Name]!
- Wishing you a happy and healthy retirement — have fun!
What does the Bible say about retirement?
The Lord said to Moses, “This applies to the Levites: Men twenty-five years old or more shall come to take part in the work at the tent of meeting, but at the age of fifty, they must retire from their regular service and work no longer.
How do you greet a retired person?
- Best wishes as you retire, Susan. You're such a gifted, creative person, your retirement won't be dull for a minute! Congratulations!
- Happy Retirement! Congratulations on this new phase of your life, Steve. May all your hopes and plans come true!
- Congratulations! You got your life back! Enjoy every minute, Jim!
What is a good retirement income?
According to 2016 data from the Bureau of Labor Statistics, the average 65-plus household spends $48,885 per year, which works out to about $4,000 per month . But no two people are alike, so figuring out how much money you'll need on a monthly basis will depend on your lifestyle, goals and unique retirement vision.
How much will I lose if I retire at 65?
The financial implications are significant. If your full retirement age is 67 and you claim Social Security at 62, your monthly benefit will be reduced by 30 percent — permanently. File at 65 and you lose 13.33 percent .
