Financial planning tools and services to put you on the path to the future you want
Your guide to financial planning and retirement
Connect with peers and experts
Get to know the people behind the company and the mission behind the work
Offer financial wellness to the people at the heart of your business
May 6, 2021
The transition to retirement can be a time of feeling a little stuck. It’s kind of like being in a pandemic. You are not quite where you want to be or doing what you want to do — but you might almost be there. These types of in-between times can be difficult in that you are waiting for something to happen.
However, just because you are waiting, you needn’t give up happiness and fulfillment.
Here are 8 tips for to help you thrive no matter your stage of life — but especially if you are in one of those awkward in-between phases.
Sometimes just taking stock and reflecting on your well-being can put you on a path to making changes to your life for greater happiness. (NOTE: The same is true for your financial well-being. The simple act of creating a plan will start to improve your financial prospects. Get started now with the NewRetirement Planner.)
Tyler J. VanderWeele, director of Harvard’s Human Flourishing Program wrote a 10-question quiz to help you assess your current well-being. Take the quiz on the New York Times now.
Good friends and close family relationships can contribute to your well-being. But, so can your casual and weaker relationships. In fact, scientists have found that casual social connections can be a big contributor to well-being.
Casual encounters might include a friendly exchange in line at the grocery store or someone you smiled at on a daily basis when you were working in an office. These types of weak connections can offer you a relatively strong jolt of happiness and well-being.
In fact, Stanford sociology professor Mark Granovetter has written about how weak connections benefit us in a number of different ways. Casual encounters can:
During the pandemic, many people missed these “weak tie” connections. And, something similar can happen when you retire.
To enhance your well-being, think about how to foster weak ties.
Psychologists call it savoring — consciously celebrating small victories, noticing something beautiful, or simply acknowledging when you feel happy.
Savoring is giving yourself the space to recognize your positive feelings — ideally while you are having a positive feeling.
You don’t need to throw a party or pop open the champagne, but commemorating little moments can increase your well-being.
The ability to experience gratitude actually increases as you age. So, this should be easy.
Dr. VanderWeele recommends taking time once a week to reflect upon 5 things in life for which you are grateful.
Research has found that doing several acts of kindness (that one would not ordinarily otherwise do) each week, over the course of several weeks, can increase your happiness and life satisfaction, and make you feel more engaged, less anxious, and more connected.
Social scientists have also found that concentrating your kindness into one day can further boost your feelings of well-being.
You don’t need to solve climate change or feed all of the poor in your city to live life with meaning.
You can feel an increased sense of well-being by finding purpose in everyday activities. Whether it is walking the dog, making your bed, finishing a work project, or making dinner — completing an impactful task can give you a sense of accomplishment, especially if you take the time to acknowledge what you have done.
Retirement will give you plenty of time to try new things. However, you don’t need to wait until you are retired. Try something you haven’t before and you are sure to improve your well-being.
Adam Grant, an organizational psychologist at Wharton, told the New York Times that “The first key to feeling good about life is to seek out new interests.”
The good news is that something new doesn’t need to require a grand effort, preparation, or planning. There are lots of things you could try right now:
Transitions are in-between times when you might be thinking about the past and perhaps what mistakes you have made as well as worrying about the future.
However, as any self-help guru will tell you, happiness is not found in the past or the future. It is found in the present.
So, what are you supposed to do about your worries about funding your future retirement? Human beings naturally want to feel in control. And, worrying about your future can give you the illusion that you are doing something — but worrying is not at all the same as productive problem-solving.
So, what can you do? Creating a financial plan, learning about personal finance, running worst-case scenarios (and creating backup plans) can give you the sense of control that you need.
The NewRetirement Planner gives you powerful technology for setting goals, taking control, making better decisions and staying on track.
Forbes Magazine calls NewRetirement “a new approach to retirement planning.” And, we are rated the best financial tool by Marketwatch, AAII, Seeking Alpha, and many others. Use NewRetirement to find your path to the future you want — today.
Do it yourself retirement planning: easy, comprehensive, reliable
Take financial wellness into your own hands and do it yourself retirement planning: easy,
Share this post:
We want a happy, stress-free life after retirement. However, many of us also want a meaningful life. Find out how to plan for a meaningful retirement.
Want to live healthfully to 100? Learn the powerful and well researched Okinawan secrets to a long life: ikigai, moai, hara hachi bu and more.
Boomers were never average. However, here are 11 exceptional tips for the transition to retirement that apply to us all. Read now…
Our weekly newsletter full of inspiration, podcasts, trends and news.
© 2023 NewRetirement, Inc. All rights reserved.
Disclaimer: The content, calculators, and tools on NewRetirement.com are for informational and educational purposes
only and are not investment advice. They apply financial concepts in a general manner and include
hypotheticals based on information you provide. For retirement planning, you should consider other
assets, income, and investments such as equity in a home or savings accounts in addition to your
retirement savings in an IRA or qualified plan such as a 401(k). Among other things, NewRetirement
provides you with a way to estimate your future retirement income needs and assess the impact of
different scenarios on retirement income. NewRetirement Planner and PlannerPlus are tools that
individuals can use on their own behalf to help think through their future plans, but should not be
acted upon as a complete financial plan. We strongly recommend that you seek the advice of a financial
services professional who has a fiduciary relationship with you before making any type of investment or
significant financial decision. NewRetirement strives to keep its information and tools accurate and up
to date. The information presented is based on objective analysis, but it may not be the same that you
find on a particular financial institution, service provider or specific product's site. All content,
tools, financial products, calculations, estimates, forecasts, comparison shopping products and services
are presented without warranty.