10 Non-Financial Tips for Retiring Boomers

Released on: April 16, 2008, 11:42 am

Press Release Author: T.J. Sacks & Associates

Industry: Internet & Online

Press Release Summary: More than 76 million baby boomers are approaching retirement
and many of them are losing sleep at night as they decide what to do with the rest
of their lives.

Press Release Body: A lot of the more than 76 million baby boomers headed toward
retirement are losing sleep at night, not because they're worried about having
enough money to retire. They're wondering what they want to do with the rest of
their life, according to Joan Carter, cofounder of Life Options Institute, an
organization devoted to helping people plan for life after age 50.

If you're one of the millions of baby boomers beginning to think about retirement,
here are tips from Ms. Carter:
1. Life's about more than money. Start thinking seriously about your retirement
about five years before you expect to quit the workforce.
2. Make life plans. It is important to plan for the non-financial aspect of
retirement by considering what will make you happy. Maybe you'll climb Mt.
Kilimanjaro, or go dog sledding in Alaska or have time to write the next great
American novel, or even continue to work part-time. Make a life plan and tick off
your experiences as you move ahead.
3. Find a purpose. Find something on an ongoing basis that provides you with joy
and structure to your life. This can involve travel, hobbies or even new career
training.
4. Keep sharp. You may feel the need to replace the intellectual stimulation of
work. If so, try learning a foreign language or musical instrument, or joining a
retirement group that offers ongoing educational courses.
5. Volunteer. Getting involved in the community is a great way to give back, as
well as a wonderful opportunity to interact and meet new people.
6. Develop new friendships. A measurement of whether people have a successful
retirement is the strength of their social network-that includes family and friends.

7. Spousal input. Retirement often means a shared experience. Therefore make time
to share your dreams with your spouse-you might be pleasantly surprised to learn
that he/she wants to join you on that Mt. Kilimanjaro climb.
8. Remain healthy. There's an old adage: A lean horse for a long race. That means
eating well, watching your weight and remaining active.
9. Financial stability. If you can't afford to retire yet, consider partial
retirement-which can include working part-time in your current job or finding
something new and exciting from which you can earn some money.
10. What's next in your life? Go to a helpful web site such as
www.WhatsNextInYourLife.com to locate non-financial retirement planning tools.


Web Site: http://www.whatsnextinyourlife.com

Contact Details: 445 Park Avenue--9th Fl
New York, NY 10022
212-787-0787

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