Take up a new sport
If you had all the money and all the time in the world what would you do?
This weekly insight offers some post retirement strategies, and they’re not necessarily just about money. After all, when you retire, you not only have money, but you also have time. In retirement, managing time is as important as managing money. Each week we give you a post-retirement idea to maximize either money or time. This week’s idea? Take up a sport.
Worried you’re not competitive enough? Didn’t practice enough when working? Have a fear of failing? None of these concerns should stop you from taking up a sport during retirement. With a cross section of sports played by multiple people of varying standards, playing sport is a great way to socialize and remain healthy, and it’s really you’re never too old (or young) to start. Don’t believe us or need a little inspiration? Keep in mind Fauja Singh who took up running late in life. At age 102!
Next week on Post Retirement Strategies we road test annuity products. Essential retirement planning products or high commission white elephant?