Entering retirement is a dramatic shift in lifestyle, but luckily there is plenty of time for new or old hobbies. Here are a few fun and affordable retirement activities that you can consider doing in retirement.
Volunteer. Few things are as fulfilling and stimulating as doing good deeds around the local community. Activities include walking animals at the local shelter, assisting at a hospital, tutoring and mentoring, or volunteering at a local non-profit. Most cities have websites that post local volunteer opportunities, or you could stop by your local YMCA and read the community bulletin board. As a bonus, there is a chance of qualifying for a few tax breaks in the process.
Repair and improve the house. Individuals with the energy and motivation may want to put some of those spare hours into “sweat equity.” Learning to repair things around the house saves a lot of money compared to hiring a contractor, especially pre-emptive repairs that can prevent emergencies later on.
Photography. In the age of digital photography, amateur photographers do not have to deal with the hassles of a dark room or spending money on rolls of film. It is an economical hobby for all seasons, and with practice, there may be opportunities to participate in local exhibits or at least showcase the photos online.
Take a class. A local community college may offer courses on interesting topics. Tuition fees for locals tend to be quite modest, and some community colleges even offer discounts for seniors.
Start a blog. The wisdom that you accumulated from a long career can be shared through a blog about your area of professional expertise. The same goes for your hobbies. Starting a basic blog is free, and if the blog takes off and becomes popular, there is a possibility to earn extra income by including ads.
Life is about more than just money. We want your retirement to be spent with the people you love, doing what you love. And, your finances are a major part of that equation. Request your complimentary, no-obligation financial review and we’ll help prepare you for the retirement you deserve.