4 Questions to Ask Before You Retire

After you retire, your daily life will change in many ways. Developing a clear picture of how you want to live your life after you retire will help you make better plans and adapt more easily to the changes retirement brings. You need to decide what your retirement will be like and come up with specific things to look forward to. If you’re married or live with someone, there are many conversations to have together. You can’t assume that your spouse wants the same things you do. Give careful thought to these questions to ask before you retire.

1. What does being retired mean to you? Obviously, retirement typically means not going to work. Beyond that, you may look at the next chapter of your life as a new adventure, or you may see it as a chance to relax. While it’s fine to decompress for a few weeks or months after you retire, sooner or later you’ll want to get on with your new life.

2. What do you want to add to your life and eliminate from your life? Aside from no longer working, you may want to decrease or eliminate your involvement in professional associations, boards or other obligations. You may wish to cancel housekeeping or landscaping services and take on those tasks yourself or vice versa. You are now free to engage in only those things that truly bring value and enjoyment to your life.

3. What are your travel plans? This is a multi-faceted question that includes how much time you hope to spend traveling, where you want to go and how you want to get there. Your travel plans may range from exploring the world to simply visiting friends and relatives. You may decide to become a snowbird.

4. What will you be passionate about? Once you no longer have to focus on your career or raising children, your interests and priorities may change dramatically. Think about what will excite you and give you things to look forward to. If you haven’t been focused on anything other than your career and your family, you will need to find something new.

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