Retiring early? Here’s how to cope with the change in pace

When we talk about retiring, we tend to focus on the career aspect, but retiring is about so much more than just finishing work. The transition from working life to retirement, if not handled with a bit of foresight, has the opportunity to be a shock to the system. While retirement is a great goal to strive for, there’s plenty to think about for the time that follows.

So, what next?

Actually, retiring is only the beginning. It’s what comes next where the fun, and also some planning, really happens. There are so many ways to approach your life after work; some people choose to throw themselves head first into a new project, or take the chance to finally make that hobby a priority after all those years of it patiently waiting. There’ll no doubt be a honeymoon period where not doing anything is the most attractive prospect, and maybe taking a break from it all really is what you need for a while! Every retiree is different, and there are plenty of considerations, so let’s take a look at some things to keep in mind.

Staying on top of things

There are times when doing nothing at all seems a very attractive prospect but after a short while, you might find it gets to be quite dull, and even very taxing mentally. If you’re coming from a work environment that keeps you extremely busy, perhaps working evenings and even weekends, the change in pace can be jarring. You may be used to spending your time working with lots of people, or as part of a tight-knit team; the reality of not having those day to day connections can come as a surprise. There’s no one-size-fits-all approach to keeping your mind occupied in retirement, but there are certainly tried and tested approaches you can take to give yourself a helping hand.

Keeping your mind occupied

Your brain is impressive and deserves to be used! Something as simple as tackling puzzles and crosswords or reading books about a subject you’re interested in but haven’t previously had the time to explore will all help. Volunteering in local causes, or causes close to your heart, is a great way to keep your mind engaged while also making a positive impact in the world. For some people, starting up a part time business or passion project is the route to go. It can allow you to stay occupied and maintain purpose without harbouring some of the stresses and responsibilities of full time employment.

Getting active physically

For those that are more inclined to get moving, sports and exercise are a good way of keeping your body healthy and also engaging your brain. From low impact activities like tai-chi and yoga to getting involved in the team sport of your choosing; putting some time in your retirement agenda to focus on keeping fit and being active will pay dividends in the years to come.

However you see yourself spending your time and looking after yourself when the process of retiring is actually done and dusted, you’ll be able to turn that into a reality. The thing that you need to have in place beforehand, however, is a solid plan for your personal finance. Having a trustworthy and experienced adviser on hand will not only allow you to put a sturdy plan in place, but free up your time so you can spend it doing what you’ve worked so hard for.