At age 54, retirement is not yet in sight for me. In fact, without pensions, my husband and I will likely work until we are 70. Am I depressed? No. If you’re in the same situation as us, check out my articles: Why Boomers Can Be Positive About Working Longer and Finding Contentment in Your Career.
However, I realize that some of you may be fortunate enough to retire in your 50s or 60s. And since this blog is targeted at baby boomers, which includes those born between 1946 and 1964, the oldest of this generation are now approaching 70 years old.
Interestingly, according to a recent study based on data from the MetLife Mature Market Institute, more than half of the 1946 boomers are not working until they drop as predicted, but are now fully retired. Although 21 percent of this group remain employed full-time and 14 percent are working part-time, most of those plan to retire fully by age 71.
So if you are retired or approaching retirement, what are the keys to happiness during this stage of life?
While planning properly and saving for retirement so you don’t have to struggle to get by can contribute to happiness, there are other factors involved as well. Here are a few tips to help you find your bliss:
Focus on Your Spirituality
Along with a positive attitude, studies show that the older generation’s willingness to embrace their spirituality side contributes to their happiness. In fact, people who attend religious services regularly frequently live longer than those who do not; thanks, in large part, to faith, hope, and a sense of meaning and purpose in life. In addition, the social support that comes from being part of a community with shared values and beliefs can also contribute to happiness.
Find New Challenges
Retirement is no longer a word used to signal the end of a productive working life. Now many see retirement as a transitional point for the beginning of a new phase in life. Challenge yourself through meaningful volunteer work, starting a new business, learning new skills, or trying new activities.
Take Care of Your Health
No surprise, studies show that good health is an essential component of a happy retirement. The fact is that people who suffer from chronic, severe illnesses tend to be less happy. The good news is you’ll have more time to focus on your health. Use some of your extra time to plan and prepare healthy meals, exercise, and stay mentally active.
Nurture Your Relationships
Nearly 20 percent of retirees say they are experiencing lower levels of overall well-being than they were before they retired. Although insufficient funds can contribute to depression, isolation can also be a factor. Married people tend to be happier during all stages of adulthood and retirement is not any different. However, retirement and being together 24-7 can put stress on your relationship, so you may want to plan for some time for individual activities. Interestingly, a recent Pew study showed that having been a good parent plays a large part in being happy during retirement. You’ll also find that children, grandchildren and great-grandchildren can be sources of much happiness when you’re retired. Find ways to let them know they’re an important part of your life. And of course, now that you have more time, nurture your friendships as well.
So if you’re already retired, try some of these tips. If you are still working, start planning now for your retirement and you’ll be happier.
For those of you with experience with happiness during retirement, please share your secret to success in the comments below!