Quote:
Originally Posted by GloryDayz
I retired last November and it's awesome. My advice:
1. Travel
2. Don't plan too long term (spend you money while you're healthy and can enjoy it). IOW, how many years can you do your passion? Spend accordingly.
3. Find a hobby that you love and helps the world and/or people.
4. Understand that many investing vultures will want to invest your cash - don't fall for it.
5. SS is beer money and nothing more. Plan accordingly.
6. Travel even more.
7. Don't sleep in too much...
Congrats, you're going to love it...
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Yeah....the wife and I plan to travel....not crazy all over the place travel, just where we want to go and to places we want to see.
I don't see "long terms"...without sounding negative I see myself living about 10-13 more years with the health issues I have. Being realistic....that's how the wife and I view my timeline.
I have a hobby....and plan to have more fun doing it now. Luckily it is inexpensive.
I have a baseball bat for any investing vulture that comes to my door or calls my phone. We lost the beginnings of our retirement money thanks to someone who was recommended to us by a friend as a good investment advisor. (long story)
Don't drink so SS is more travel money.
For some reason my body will not let me sleep any more than 7 hours a night....
Thanks for the tips and I hope your retirement is going well for you