When people retire, unless they have a clear-cut plan of attack – something to occupy their time, then they can become a little bit lost. Especially if you were in a busy job role, or one of authority, your family will soon start to keep their distance when you become senior micro manager of everything that they get up to, because you’ve got nothing else to do with your time. Don’t be one of those people;
Be your own boss
Start the business you’ve always wanted now that your profession is ended, you could consider leveraging your professional knowledge to launch a consulting firm or similar. Equally, if you’ve already got a business, as a part time hobby, you could grow your already established part-time firm into a full-time venture that could really go places!
Get yourself a motor home
Purchase a new or used motorhome, relive your early years, or do something completely off the cuff. Travel to places you’ve always wanted to visit, without the pain, and cost of having to book a hotel.
Go on a world tour
Take longer trips now that holiday time limitations aren’t an issue, look at large properties for sale in Dubai, as long as you’ve got the money, then you’ve got the freedom to do almost whatever you want. Spend some time in a new place or go on a once in a lifetime, round the world cruise.
Don’t spend more than you earn
You worked hard for your pension, and time of retirement, make sure it’s worth the effort. If you have a final salary pension scheme, or you bought an annuity, then you’ll be paid consistently each month. Hopefully you’ll have a good old whack coming in, if not, then perhaps now is the time to start proper budgeting.
Do some voluntary work
For some people, they just have a need to get out and about, and to be of use somehow. If you are one of those people, and money isn’t one of your concerns, then you could volunteer at a local hospice, like a homeless shelter, or food bank. The rewards will be remarkable!
Give your home a revamp
If you still haven’t found anything to do by now, then you could learn something new, put those hands of yours to good practical use, and give your home a revamp. There are plenty of videos on YouTube, which could help you to master some new decorating, DIY, or even carpentry skills, at least if you get it wrong, it’ll give you something else to do.