Image of white star linking to Federal Citizen Information Center's Main Page

SITE SEARCH:

Books

Cars -- Buying, Selling, Car Maintenance, Insurance
Computers -- Buying, Getting On-line
Education -- School Loans, Planning for College, Alternative Ways to Earn a Degree
Employment -- Tips on finding a job, Occupation information, Workplace rights, Pensions
Español -- Encuentre a continuación una lista de las publicaciones en español que usted puede revisar, “bajar” u ordenar
Family--
Federal Programs -- Social Security, Medicare, Veteran's Benefits, Buying Government Property
Food -- Nutrition for better health, Safe food handling and preparation
Health -- Drugs and Health Aids, Dieting and Nutrition, Medical Problems
Housing -- Financing and Sales, Home Maintenance
Money -- Credit, Saving, Investing, Retirement Planning, Protecting your money
Small Business -- Starting a Business, Small Business Administration, Patents and Copyrights
Travel -- Foreign Travel Requirements, National Parks, Travel Advice, Flying rights and advice
And more... -- Having trouble finding something?  Check here or go to our search!

Resources

Consumer Action Website -- Tips, advice, listings of what to do and who to call with a consumer problem
kids.gov
Gov Gab:  Your U.S. Government Blog - Check out our blog, and discover how our five bloggers use government resources to make their lives better, easier, and more fun.
Recalls -- Federal and Private Sector Recalls on Products
Scams and Frauds -- A listing of the latest scams and recalls announced by Federal Agencies and Consumer Groups
Subscribe Now --  Get free e-mail alerts
Teachers
 

USA.gov: Government Made Easy

 
White House logo

 
FCIC Home
Page
1-888-8 PUEBLO (1-888-878-3256)
In The News PagePress Room PageFAQ PageShop SiteLinks PageFun StuffAbout Us PageContact Us
Home > Consumer Focus Archive > Retirement Decisions—More than Just Money
Consumer Focus: Retirement Decisions—More than Just Money
space

Retirement Decisions—More than Just Money

A group of seniors holding their hands in the center.401(k) plans! IRA’s! Pensions! Financial planning is what most people think about when considering retirement. But, have you considered what your life will be like now that you won’t be spending nearly 2,000 hours per year at work? Here are some ideas and resources to help you think about some ways to fill your time, stay healthy, and choose appropriate housing arrangements during one of the biggest transitions of your life.

Posted: July 18, 2006

space

Stay Engaged

An older woman blowing bubbles with a little girl.Most people will spend up to 1/3 of their life in retirement, depending on the age at which they choose to stop working full-time. Staying engaged in retirement is more important than ever and research has even shown that it can result in better health and a prolonged life. Some of the ways satisfied retirees stay engaged after retirement are through volunteering, part time work, education, and care giving.

Volunteer

Studies show that older adults who volunteer live longer and have better physical and mental health than those who don’t volunteer. Volunteering offers the opportunity to get involved in one’s community while continuing to stay active. Interested? Think of something you have always wanted to do but didn’t have the time like teaching children to read or working with your hands. Or, do you just want to give back to your community? There are many organizations that serve as resource centers that can help you find the best volunteer opportunity for you. Here are just a couple examples:

A woman wearing a lab coat giving a thumbs up sign.Part-time Employment

Older workers report that they enjoy going to work. Once you retire you might quit your job and later decide you want to go back to work. Although it takes someone over 50 longer to find a job than a younger worker, you can make your age work for you. Many employers look for older workers to fill openings within their organizations and have a great appreciation for their skills and talents. In addition to providing a bit of additional income to supplement retirement savings and Social Security, part-time work during retirement also offers retirees an opportunity for social interaction and a chance to do something productive. If you are interested in finding a workplace that is friendly to older workers, AARP has a number of resources to help:

Also, check out these resources for other fun and unique job opportunities:

Further Your Education

A man outside painting on a canvas, while a woman is looking over his shoulder.If you hold lifelong education in high esteem, consider returning to college to keep your mind in tip-top shape. College/university linked retirement communities are growing in popularity and you can find them all over the country, just check with your local institution of higher learning to find out about communities in your area.

Also, many colleges, universities, and community colleges offer free or greatly reduced tuition to retirees; find a college or university near you to see what they have to offer. If you prefer an exciting but informal environment, elderhostel.org might have the perfect opportunity for you through their unique learning adventures. Retirees who enjoy being online can take short, online courses through the University of the Third Age, provide a flexible environment for people who like the freedom to study where and when they choose.

And for retirees who have always wanted to learn to play that musical instrument, a New Horizons Band might be just the thing. Active participation in music fills important needs for adults - the need for challenging intellectual activity, the need to be a contributing member of a group, and the need to have exciting events in the future. For many people, music can serve these vital needs better than anything else.

Care giving

Your unique care-giving situation may require a lot or a little of your time and attention, but remember, you must also make time for yourself. In retirement, your personal satisfaction depends on pursuing activities that make you happy, as well as meeting the needs of your loved ones. Where possible, involve your loved ones in the activities you enjoy. Everyone wants to be the best grandparent possible, so go for a walk on the beach with your grandkids or take an art class at a community center together.

If your care situation involves an aged loved one, talk with him or her about participating in activities at a local senior center periodically. This will give you some time to yourself, and also provide your loved one with the opportunity to spend time with his or her peers. If your loved one is home bound and finances permit, consider bringing in a home health worker periodically so you can have some time for yourself.

Top
E-mail this page to a friend

space

A man and woman playing tennis.Stay Healthy

Your health, both mental and physical, should be your number one priority in this stage of life. Staying healthy in retirement means that eating healthy foods, exercising, and getting regular medical check-ups are essential. Prevention and early detection are the best defense against illness and disease as you age.

Eat Right

Selecting foods that provide a variety of nutrients will help reduce your risk of developing common medical conditions, such as osteoporosis, heart disease, stroke and cancer, as well as help boost your immune system and increase your energy level. If you’re overweight, following a plan for healthy eating can help you shed extra pounds and maintain a healthy weight.

Exercise

A man and a woman riding their bikes through a park.Exercise is a very important part of any healthy lifestyle. In older adults, higher levels of activity are associated with lower risk of death. But any movement is really better than no movement at all. Research has also shown that staying physically active and exercising regularly can help prevent or delay many diseases and disabilities including depression, and increase self esteem and quality of sleep.

Regular Check-ups

As you age, be sure to have a good relationship with a trusted health care provider. Ask your doctor about checkups, tests, and shots you need now and in the future. Keep track of the tests you’ve had performed and the results and also any medicines you are taking. If you’re eligible for Medicare, take advantage of the “Welcome to Medicare” physical exam and the preventive services.

Top

space

Three men talking.Consider Housing Options

As you get older your home may not meet your needs. Your choices include moving or modifying your current home.

Moving

If you chose to move you have many options. Thousands of communities exist across the country that are specifically designed to cater to the needs and wants of people in the retirement stage of life. Often times they center on a theme, such as a university, or a common interest like golfing or RV lifestyles. You might also consider a continuing care retirement community that would meet your needs through the final stages of life. Planning and executing a move can be hard work, expensive and time-consuming so be sure to do your research.

Staying Home

If you choose to stay in your home, in the future you might find it harder to climb the stairs to your bedroom, turn the doorknobs, or read your morning newspaper. Simple universal design considerations, such as using lever door handles instead of hard-to-use round knobs, and making sure your home is well lit, help make your home safe and comfortable for as long as you live there. Rate your home to gauge its accessibility. If you own your home, have built equity over the years, and are 62 or older, you might consider a reverse mortgage to finance use and accessibility improvements.

space

Other Resources

This is just a brief overview. For more information, check out these resources:

Read these publications online or order it online.

Websites*:

* Names of resources and organizations included in this online article are provided as examples only, and their inclusion does not mean that they are endorsed by the Federal Citizen Information Center or any other Government agency. Also, if a particular resource or organization is not mentioned, this does not mean or imply that it is unsatisfactory.

*If you click on these links, you are leaving FCIC's website. Please bookmark us before you leave so you can return easily. FCIC is not responsible for the content of these websites.

Top

space

Enjoy this month's Focus?  Share this information with a friend and spread the word!

Enter recipient's e-mail address:

We will not retain or use this information for any other purpose.

Top

space

For more information on other popular consumer issues check out FCIC's Consumer Focus Archive.

Top

Important Notices - Site Map
This service is provided by the Federal Citizen Information Center of the U.S. General Services Administration. E-mail us your comments or questions.   gsa logo