Travel is the big ticket item on most retirees must do lists. According to the Australian Bureau of Statistics Australians love travelling with 9.8 million of us departing for overseas destinations last year on a short stay. We love visiting New Zealand, Indonesia (Bali), United States of America and Britain.
You can have all the money in the world but if you don’t have good health you won’t be able to enjoy your retirement. How much of your monthly expenditure goes for paying for drugs, medications and supplements? We have gotten to the age of the pill poppers, and many of us are on permanent medication for a chronic condition that has gotten out of hand.
One way of increasing the ability to cope with retirement is to start reinventing yourself after 50, while there’s still time to experiment with what a new life, post working life, might look like.
Retirement is a stage of life that everyone will experience, however, it’s often overlooked as people see it as being too far in their future to really worry about. Plus, many people see entering retirement as the ‘beginning of the end’ of their life, so want to avoid thinking about it at all costs.