Five Ways to Reduce Financial Stress in Retirement

Saturday, March 22, 2014, 1:00 AM | Leave Comment

A person’s golden years can be full of all good things including excellent health, new opportunities, travel and more quality time to spend with family and friends. Pursuing new hobbies that you never had time for in the past when you were working can provide new adventures and a renewed excitement about life’s possibilities.

Five Ways to Reduce Financial Stress in Retirement

Managing life’s financial challenges as a mature adult so that you can truly enjoy the benefits of a more relaxed lifestyle is key for getting the most out of life.

  1. Participate in regular exercise to reduce stress

    Exercise promotes stress relief in many different ways. Whether you run, walk, garden or dance, the extra movement increases the production of endorphins. This feeling of calm and ease is the reward runner’s often refer to as a runner’s high.

    Exercise has proven to be a real mood buster and is credited with having a positive impact on depression and anxiety, which reduces worries about money and everything else.

  2. Reside in a senior living facility to eliminate unexpected expenses and worry

    Homeowners know all too well about the constant maintenance and attention required to take care of a home properly. Unexpected repairs and problems complicate life and place undue stress on your pocketbook and mental health. By turning these worries over to a landlord, life becomes a lot more carefree.

    For seniors looking for assisted living in Mesa AZ, residents have many excellent options and find the climate is hard to beat.

  3. Cultivate and participate in activities that give your life purpose and meaning

    People thrive when they are involved in activities that feed a passion. Volunteering is an excellent way to feed your soul and is an inexpensive outlet for your energy.

  4. Nurture personal relationships

    Nothing feeds the soul more than sharing time with friends or family members. Evidence shows that people that have a lively social network live longer and enjoy better health.

    While the uncertainty about the future is something everyone worries about, a group of supportive people in your life takes the focus off of life’s uncertainties that can’t be controlled.

  5. Take advantage of senior citizen discounts and free entertainment

    When you have the time to research the many deals available for senior citizens, there are a seemingly limitless number of opportunities to enjoy life without spending a bundle. Buyers’ clubs and other discount houses are also smart choices.

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