4 Amazing Ways To Celebrate Your Retirement

4 Amazing Ways To Celebrate Your Retirement

You have longed for it for years and it is finally here. Retirement is usually one of the life’s ultimate goals. So, when you finally get there, it won’t make a lot of sense if you don’t celebrate it. And now that you are 65 years or older and you can’t go to clubs or enjoy those lively house parties, how then do you celebrate your retirement in a way that will last in your memory forever and also helps enjoy your golden years? Well here are some greatest suggestions!

  1. Go on a trip

You might have been traveling once a year during your working years because you used to get only a week or two off annually. This could have made it difficult for you to extend your trip or enjoy travelling fully as you would wish to. Now that you have all the time in the world, going on a trip is the best way to celebrate your retirement. Take a long trip and visit all the places you have always wanted to see.

  • Give it away

Giving away is a great way to celebrate retirement. When we say give it away, we don’t necessarily mean your money. In fact, you should stay with your money because you will need it more than ever. Give away your wisdom and knowledge. You can start blogging or writing books. You can also start teaching a class or mentor someone who is new in your field of expertise. The essence of celebration is enjoyment. So, as you give away, do it on your own terms and don’t try so hard to impress anyone. Just do it because you love it.

  • Plant a tree

Whether you have been working in the office or in the field, you have used a lot of papers. You can celebrate your retirement by planting a tree or some long-living plant at retirement. The plant will symbolize your retirement and your commitment to conserve the environment by reducing paper footprint. Make the plant your new friend and treat it well. Celebrate its new blooms and shoots as your life blossoms and grows in retirement. You should remind yourself of an impact unexpected or rough weather or climate can have on both the plant and on your old age. Take necessary measures to protect both your golden plant and your golden years.

  • Get active

Your health is literally your ultimate wealth in retirement. So, celebrate your retirement by making a commitment to both your physical and mental health. You can celebrate your retirement by starting to get active and committing yourself to sticking to healthy diets that keeps your physical and mental health on point as you grow older.

Bus Travel for Seniors: Travel Conveniently with Care

Bus Travel for Seniors: Travel Conveniently with Care

Senior citizen bus travel is becoming increasingly popular, as many older people do not just want to retire in their own home. In the event that the health no longer plays along completely, there are also offers with care by medically trained professionals.

Bus tours for seniors: many offers:

The travel market for seniors is growing, as many older people nowadays not only have the time but also the money to travel extensively. Many seniors want to see the world in retirement again and choose exotic destinations. On the other hand, those who do not feel like a tropical climate and long air travel often opt for a bus trip to a closer destination such as the North Sea, the Baltic Sea or even the Alpine region. Health restrictions do not have to mean the end of the travel plans. Today more and more travel providers are getting involved with the older clientele by offering care and medical care.

Advice and support during the journey:

Senior citizens’ travel must meet special conditions in terms of comfort especially in the case of health restrictions. These include barrier-free buses with comfortable seats so that seniors who are sitting in a wheelchair or rely on a rollator can travel with them. In warm temperatures, air conditioning is important.

Check offers carefully:

There are many providers advertise bus trips for seniors. Here it is important to look carefully at the booking and filter out high quality and serious offers. Caution is especially recommended for very cheap deals. A medical device such as a defibrillator should be on the bus. The hotels, where the travelers are accommodated, should be barrier-free and senior-friendly. An important role also plays the equipment of the bus. Plenty of comforts usually offer buses that are certified with 3 to 5 stars. From three stars, the buses must also be equipped with a toilet.

Well-insured:

Take out travel cancellation insurance. If you are ill and cannot travel, you will get your money back. What if you get sick on vacation? In many foreign countries, one is insured over his legal health insurance, a possibly necessary return transport one must insure however over a foreign health insurance itself. Some travel deals include medical service special trips for diabetics. Medical escorts have advantages especially for the elderly. Important: Inform yourself beforehand which services are included and what kind of doctor is involved. Some organizers, for example, pay attention to the fact that the accompanying physicians have further training as a travel doctor.

Good finances have no age: Maintain the Quality of Life

Good finances have no age: Maintain the Quality of Life

Maintaining the quality of life at the end of the work stage depends on good management of our economy. The planning and effective management of personal finances have no age. Therefore, when reaching the third age, the care of the individual and family economy acquires special importance to enjoy fully and with the tranquility of the years to come.

The third age is a stage of life that can become the best if it is planned with enough anticipation and it is taken into account that enjoying it fully implies reaching it with a good state of health and without economic worries.While it is true that it is never too late to learn, for seniors it is essential to know how to manage their personal finances efficiently. Maintaining the quality of life, once the labor stage is concluded, implies having good management of finances.

Financial plan:

The first thing is to design a financial plan, for example, at this stage, it is very important to prepare a budget, whether daily, weekly or monthly, in which the fixed and variable expenses are included considering the income that will be had.It is advisable to plan and have complete knowledge about how you are going to spend your money each month, because if your expenses are greater than the income, the finances will always be chaos, so you must keep track of your entire budget.

When planning, visit www.medicareadvantageplans2019.org to obtain 2019 medicare advantage plans as it is important to prioritize expenses such as housing, food, health care, clothing, and recreation. However, investment and savings should not be set aside, since, as far as possible, these must be maintained during retirement.

Income & expenses:

You must know what will be the amount of savings exactly. With the help of advisor define how much money you should use every month. Considering your fixed expenses, additional expenses and the projects you have in mind. If you are planning a trip, that month you will spend a little more, so the following months should be more austere. Consume intelligently. We know that after years of work you want to consent, but try to stay within your budget and avoid the “escape costs” or “emotional”. Measure yourself in your purchases and projects so that you can fulfill your proposed goal. With these simple yet useful tips, you can manage your finance even after your retirement.

Great Hobbies For Retirees

Great Hobbies For Retirees

You recently started your retirement life with joy and excitement, but just after a while, you are already feeling bored. The cure to your boredom can simply be retirement hobbies. Here are some of the best hobbies for retirees and seniors that you can consider indulging yourself into. Try to get a 2020 Medicare advantage comparison on medicareadvantageplans2020.org to be prepared for retirement.

  • Travel

The best time to travel and explore the world is during retirement. Retirement offers the best opportunity for you to travel around the world. With all your children grown, and with no any work commitment, you have all the time in the world to travel. Whether you want to travel overseas or within the borders of your country or state, travelling is one of the best ways to enjoy retirement years.

  • Theatre, music, or dance

Getting actively involved in music, dance, theatre or performing arts can be very enjoyable. Whether you want to be part of the theatre staff running light or taking tickets, or you want to join the players on stage, or the audience, being part of the performing arts will definitely be fun. Just contact some local community centers and theatres to find out what opportunities are available.

  • Exercise

Retirement can be the best time to exercise and get in shape or maintain your shape in case you already have a good shape. Exercise can actually take several forms. You can engage in a low-impact workout routine, such as going for an afternoon swim, taking morning walks, or doing some yoga on a daily basis. Staying fit does not mean that you have to run marathons. Instead, it simply means getting off your couch.

  • Teach

The fact that you have retired doesn’t mean that you no longer poses the knowledge and skills you had acquired. Whatever you used to do before you retire, you can actually teach it to other people. You can also teach younger generation any of your hobbies. You can also look for any local adult education program in your area and find out if there is any teaching opportunity available.

  • Cooking

Cooking and baking can be fun especially if you take your time to learn and enjoy them. You can read cooking magazines, or books to learn before trying out some recipes. You can also watch great cooking shows and learn how to bake and cook. When you know how to cook, everyone in the family will always be looking forward to come back home and have great dinner. This can give you a purpose in life.

5 Creative Ways To Earn A Living After Retirement

5 Creative Ways To Earn A Living After Retirement

Retirement comes with a lot of free time, and freedom to do whatever makes you feel good. However, your bank account or your income might not support your lifestyle. In such a case, you should find ways to earn a living as you enjoy your golden years. We have discussed some of the most common ways older adults can make money after retirement. Check them out!

  1. Rent out a room or your house

In case you are living in an area that is popular with tourists, and you would want to earn some money in a modern way, then you can rent out one room or your home on Airbnb. This is a great way to earn a living. And the best thing is that you are the one who make the rules and you also set the rates yourself. While your entire property is being rented, you can go visit your children and grandchildren, or use the pay to supplement your income of pay for travel expenses.

  • Become a driver

If you have a car that is in good condition, you can become a drive and earn a living. You can join Uber or any other taxi company in your country and drive people to wherever they want to go within the town or city. Being a drive is also a good way to explore, meet new people and make new friends.

  • Become a consultant

In case you were passionate about your former job or career, and you are skilled in a particular area, you can use that knowledge and experience to establish a part-time or full-time consulting gig. The best part with becoming a consultant is that you work when you feel like, and you charge your own rates. Depending on your area of expertise, your skills and knowledge could be in high demand. Be sure to charge premium prices because you have the expertise and experience.

  • Babysit

Do you have a way with children? If yes, then you can turn that quality into money-making activity. Offer babysitting services to harried working parents and get paid. You can also talk to your adult children so that they can pay you for spending time with their children, who are actually your grandchildren.

  • Blog

You can pick a topic such as 2020 Medicare supplement quotes which interests you and learn more about it so that you can start writing posts which you can then publish online. When you have attracted a huge traffic, companies will approach you to advertise on your page and pay you for the ads.

4 golden rules to prepare for your retirement

4 golden rules to prepare for your retirement

To complete your pension, consider saving young. Then adjust your strategy according to your personal situation.

1. Take control of your future:

It’s never too late to worry about retirement. The idea is to think about it at 40 years old. Twenty years are needed to build a worthy capital with a reasonable savings effort. Find out what you will really get. This is the first step.

Income Tips: For your retirement, the first step is to save. The younger you start, the less effort you have to make. Then think about adjusting your wealth strategy according to the situation and your personal situation.

2. Own your home:

In times of uncertainty, owning one’s home is reassuring: 58% of households own their main home. To repay a loan helps to build wealth because the monthly payments include a share of interest, but also capital. When you retire, you save the amount of rent which increases your purchasing power. The housing budget is “limited” to maintenance costs and local taxes. Be careful not to get into debt too much. Monthly payments must not exceed one-third of your income.

Revenue Tips: Buying a home is a strong commitment. For a young couple, it is often the first important heritage decision. Experts encourage their clients to invest in rental or leisure real estate before acquiring their principal residence. This is not the speech of Revenue. After examining the heritage of many readers, we affirm that, with some exceptions, the most successful ones are those who invest young in stone. To go off the beaten track is good. But you have to know how to stay classic.

3. Invest in life insurance:

An investment is that responds to a long-term logic. Premiums paid are capitalized over the years based on realized profits. Your savings remain available even for 2019 medicare advantage plans on www.medicareadvantage2019.org/ and if it is preferable, in tax terms, not to withdraw from your contract before eight years.

Income Tips: No other investment offers so much strength or freedom. You choose your level of risk and the terms of exit (withdrawal or annuity).

4. Do not forget rental real estate:

The share of households owning a dwelling that is not their main residence (second home or rental investment) is 18.5%: 80% of them own their homes. The purchase of a home for rent is financed for all or part on credit. By investing at age 45, you will have paid back the bank fifteen years later and the rents will then complete your retirement.

How To Downsize Your Lifestyle Painlessly In Retirement

How To Downsize Your Lifestyle Painlessly In Retirement

It’s very common for someone to enter into retirement with a clear prediction of their yearly expense, only to realize that they estimated low. In fact, according to some surveys, about two in every five retirees usually spend more money than they had predicted when they entered retirement. This could happen as start to venture into new things such as travelling frequently, taking on some new hobbies, or due to some new ideas such as renovating your home that you had not foreseen. Downsizing your lifestyle is one of the steps you can take to get Medicare supplement plan F 2019 reduce your spending and avoid the possibility of dipping your savings. Here is how to downsize your lifestyle without feeling like you are losing a part of you.

  1. Travel mindfully
Medicare supplement plan F 2019

Maybe you have a very long list of countries or places you want to travel to. Before you book a trip, compare seasons and prices. You could find out that one airline charges relatively lower prices that the one you prefer using. You could also find out that visiting a certain place is less costly during the low season. Alternatively, you can decide to reduce the list of the places you would want to see. You can also take only a one annual big trip instead of travelling many times a year. This can help you spread out your travel expenses.

  • Cut what you are not going to notice

Another way to downsize your lifestyle in retirement is to get rid of landlines you don’t need, television channels you no longer watch, and magazine subscriptions you no longer read. After that, review all your current plans as well as costs. Consider signing on for a less-expensive television service or cell phone plan. In case you have more than one vehicle, ask yourself whether you actually need all of them. If not, you can remain with one and let others make money for you by registering them with companies such as Uber.

  • Eat at home

You could have been a frequent customer at some of the most popular food joints. In more often than not, eating out tends to be more expensive than eating at home. So, one way to downsize your lifestyle in retirement is to start cooking and have meals at home. Getting back in the kitchen will greatly reduce your food bills.

  • Big is not always better

If you are staying in a five bedroom house, ask yourself whether you really need all the rooms. Whether you are staying alone or with your spouse, the house you are staying in could be too big for you. Consider moving to a two-bedroom or three-bedroom house to cut on rent and electricity bills.

Why should I start saving for my retirement?

Why should I start saving for my retirement?

Thinking about the future will offer you and your family peace of mind in the face of unexpected events, emergencies, or when you want to start new projects. The equation is quite simple in terms of saving: Economic security equals tranquility. The natural consequence will be a greater sense of well-being. Savings allow us to access that economic security that guarantees us to meet our goals, face an emergency or that in our retirement years we have capital that allows us to maintain our lifestyle. Saving is, in short, securing our future. In fact, we spend all day organizing events that last a few hours, such as our birthday party, but we spend very little time planning our retirement. If you have plans for your future, we share with you two reasons why you should start saving today:

If you start early, your monthly savings may be lower: are you younger than 55? You do not have to wait until the years before your retirement to save for your future. For example, your incorporation into the labor market may be a good time to start. The sooner you do it, the easier it will be for you to get the capital you need, and the smaller the financial contribution you make every month.

It supposes a complement to your pension: in very few occasions our public pension will be similar to the money that we gain during our labor stage. This happens because of the calculation of the public pension, which is based on what is quoted, and therefore will always be less than our salary. If you start saving now, you can maintain your current standard of living or even improve it.

Make your money profitable: Multiply our money The most viable way to increase our income is through savings because this gives us the possibility of making it profitable either through a savings account of a banking product or through its investment through different platforms that offer the market as the stock market, fund mutual, among others.

Where do I begin?

The first step is to have an idea about what your future retirement pension will be and the level of life you want in the future. However, you have to keep in mind that until the moment of your retirement you will not know exactly what the pension will be. So that you can calculate it in an easy way, we have created the retirement simulator, which identifies your needs based on your current income.

Key Retirement Questions You Must Address

Key Retirement Questions You Must Address

Retirement is the ultimate goal of many people’s lives and you must have been looking forward to reach it. Now that you are here as a retiree, it is important that you accept that there are some questions that you need to address. Some of the key retirement questions that you have no option but to address have been discussed below.

  1. How long may you possibly want your savings to last?

Asking how long you may possibly want your money to last is simply asking yourself how long you could possibly live after retirement. Yes, life expectancy is not something anyone enjoys thinking about. However, the truth is that a person’s expected longevity plays a very crucial role in their retirement planning projections. So, you must address this question for you to be able to have a realistic retirement planning. The longer you expect to live after retirement, the greater the estimated cost of your retirement. When you reach age 65, there is more than 50% chance that you will live even beyond 90.

  • How much money will you need?

This is another retirement question you must address. The perfect approach to addressing this question is to start by predicting whether you are planning to maintain the standard of life you are currently living, or anticipate requiring less or more. Generally, you will most likely need to have at least 70% of what you used to earn before retirement. Depending on whether you plan to enjoy an economical or a more active lifestyle, you can always review and adjust the amount of money think you will need to live a comfortable life.

  • How can you want to spend your time?

Now that you have plenty of free time, and less work to do, how do you plan to spend your free time? Without work to do, life can become boring, you may start feeling lonely, and you might start thinking like you have no reason to live. Apart from traveling, engaging in your hobbies, and spending time with friends, you also need to think about what makes you happy, what you need, and what you have the ability to do without having to strain. For instance, you can volunteer at any of the local community center, children’s home, or at the library. You can also decide to take a part-time job if you are still passionate about your career. Alternatively, you can start a business to keep you busy and to earn you some extra money.

5 Facts About Retirement

5 Facts About Retirement

People in most countries are now living longer as compared to the earlier generations. This results in lengthy retirements. There are some facts that many people, including those who are retired, do not know about retirement. In this post, we have highlighted some of the most surprising truths about retirement that you should know of.

  1. Many retirees are actually dating

In case you divorce or live longer than your spouse, you could be single again in retirement. According a number of surveys, most retirees across the world are dating and signing up for 2019 AARP Medicare supplement Plans This has been made possible by technology and availability of internet. There are so many dating sites that are designed for people who are 65 years and older. These sites offer great opportunities for single retirees to meet like-minded people.

  • You may lose independence

Yes, aging is usually a part of retirement. And as you age, you may start developing health issues that might affect your ability to move or stay alone without the help of others. You may also not be able to drive yourself around, or climb on a bench to change your house’s light bulb. You may also lose the ability to bath, cook or take meals on your own. While retirement is something that many people always welcome with parties and fun activities, the truth is that it comes with the act of aging, which could make you depend on others.

  • Retirement could last longer than expected

As mentioned earlier, many people in many countries are now living longer than before. This therefore means that retirements have now become lengthier. You might think that you only have few years to live after celebrating your 65th birthday. However, the truth is that most people now live many decades after retirement. Because most people are living longer than they expected, most retirees tend to outlive their retirement portfolios.

  • Retirees tend to spend a lot of time on TV

An average retiree spends more than a half of his or her leisure time to watch TV. In other words, TV is the main source of entertainment and information for people who aged 65 and older. To maintain good health and enjoy your retirement years feeling energetic, you should spend more of your leisure time moving around.

  • Most people spend most their time alone

Since you no longer have to go to work every day, chances are that you could find yourself alone at home without anyone to talk to. And because your children have already moved out, and you are just alone, or with your spouse in your home, you may end up spending most of your time alone. To avoid feeling lonely, you can start making new friends with fellow retirees.