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Richard Hitchell

Preparing emotionally for retirement

Happy, healthy, whole



Retired or not, you’ll still want and need similar things in life: a sense of purpose, social interaction and activities that interest and stimulate you. With this in mind, here are our tips for preparing for a fulfilling retirement:

Wind down in stages – rather than going from full-time to retired overnight, why not try reducing your hours first, giving you the fulfilment of work combined with the free time to pursue other interests?

Exercise your body – and your mind – experts have long extolled the virtues of exercise for our physical and mental health. Getting into the habit now could really help your emotional state when you retire.

Be a social butterfly – in addition to solitary hobbies and interests, joining groups and clubs can help you develop social networks outside of the workplace.

Get a furry friend – as well as keeping you company indoors, a pet (such as a dog) will give you an incentive to get outside in the fresh air.

Don’t neglect your pension – while preparing emotionally is a big part of retirement, the money still has to be there to allow you to live life to the fullest. Would equity release be right for you? A way of supplementing your retirement income using the value tied up in your home, although not right for everyone, we can help you explore your options.

We do the finances, you do the rest

That’s why we’re here! We can help you sort out the financial stuff to provide you with the resources to spend your retirement free from money worries, so you can concentrate on enjoying your later years. Why not give us a call?

You will need to take legal advice before releasing equity from your home as Lifetime Mortgages and Home Reversion plans are not right for everyone. This is a referral service.

The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.


Key Takeaways

  • Once you retire from work, you’re ready for the rest and relaxation you’ve worked so hard for

  • That is, until the doubt sets in and you wonder how you’ll cope without your work routine

  • We’re told that it’s all about the finances, but preparing emotionally is equally as important

  • A study argues that we should start preparing for retirement as early as 50

  • Getting into healthy habits and having an active social life outside of work can help make the transition to retirement much easier

  • Some good ways to prepare emotionally include getting into good exercise habits, going part-time before stopping work altogether, finding a social life outside of work, and exploring other ways of securing your finances, such as equity release

  • We can help you do the financial stuff, so you’re free to concentrate on preparing for a happy retirement.


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