This week, I’m talking about your one year from retirement checklist. When you’re one year out from retirement, there are several things you’ll want to do to help ensure that both you and your finances are ready for you to take the leap into retirement. 

Today, I’m talking about something that many pre-retirees don’t consider before they retire, which is how will you spend your time in retirement? 

Many people are blind-sided by unexpected feelings of boredom and depression once the initial few honeymoon months of retirement pass. 

There is well-documented research suggesting that retirement for many of us isn’t all that it’s cracked up to be. There is purpose and meaning in work, especially if you like what you do for work, so you’ll want to have a game plan for finding meaning and purpose in new things after you transition into retirement. 

A number of years ago, my dad and business partner brought in a psychologist to speak to a group of our clients who were soon-to-be retiring and newly retired. This speaker shared some insight into how to find fulfillment in retirement. 

One of her primary suggestions was to keep half of your time structured. Maybe you play golf every Tuesday, or take care of your grandkids on Wednesdays, or have coffee with your best friend every Friday morning, or volunteer once a week. 

Whatever those activities are that are important to you, it’s important to have about ½ of your time during the day structured. This has many benefits and helps to stave off boredom and depression, because the structure helps you keep a similar routine to when you were working, as well as give you something to look forward to each week. 

That’s it for today, thanks for listening. Tomorrow, we’re going to recap the week and I’m gonna give you a little taste of next week’s theme.

My name is Ashley Micciche and this is the One Minute Retirement Tip. 

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