The retirement age in the UK used to be 65, but this is no longer the case. At present, you will not be forced to quit work when you reach the said age, so it’s up to you to decide. However, you can get a state pension between the age of 61 and 68, depending on your gender and the year you were born. The Future Pension Centre could give you a pension forecast that would tell you when you can get your state pension, how much, and what you can do to increase it. Even if you start receiving your
state pension, you can keep working for as long as you want.
If you plan to retire at a certain age, you must prepare yourself financially, mentally, and emotionally to ensure you enjoy this period of your life to the fullest. You will experience significant changes from your usual routine, so you should adapt and find things that will make you happy to live a comfortable life.
List your goals
Retiring doesn’t mean that you stop having goals in your life. Instead, list the things you want to do and work on achieving them. It will give you a sense of direction and purpose and keep you excited since you have something to look forward to.
Manage your finances
Even if you saved up for your retirement and are receiving a pension or benefit, you shouldn’t splurge
mindlessly, or you could end up having financial troubles. Instead, manage your budget so you can live comfortably with what you have. Consider getting the help of a local professional financial planner to manage your finances better.
If you are around the area, you can get financial planning advice in Bristol. You may even request a no-obligation consultation. It will help you determine if you are working with the right financial planner before you get the service.
Find a new hobby
It’s never too late to learn something new. Look for a new hobby that will interest you, like arts and crafts,
dancing, cooking, or baking. It will keep you occupied while having fun. If you had hobbies you couldn’t focus on before, this is the best time to pursue them. After all, you get all the time in the world.
Work on something you love
Retiring does not mean that you can never work again. Why not get a part-time job on something that you love to do? It’s not just to earn extra, but to enjoy too. For example, if you are passionate about teaching, you may find a teaching job.
Some retirees suffer from depression because of the sudden change in their lives. Connect with friends and loved ones to prevent this from happening. Meet new people by joining groups with similar interests and volunteering in community services or projects.
Enjoy your retirement to the fullest by doing what you love and managing your finances properly. Take care of your health, too, so you have the energy to work on your goals.