How to Have Fun During Retirement Without Going Broke

How to Have Fun During Retirement Without Going Broke

 

During retirement, you won’t have the ability to make a lot of money without re-entering the workforce, so you really need to make the money you put away last. That being said, there are plenty of ways to have fun without going broke. Look at these helpful tips to see what we mean.

Free Things to Do

There are plenty of fun things you can do for free – it just takes a little thought and some research to see what is available around your area. Here are some ideas to start you off with:

  • Hiking or biking nature trails. If you’re still in good enough health, a good hike or bike ride through nature isn’t only fun, it’s also free and good for you, too.
  • Fishing. You may need to apply for a fishing license, but many states offer them for free – you just need to register. Fishing is relaxing, and could even end up saving you money by providing dinner.
  • Visiting with friends or family.
  • Do activities at home with your spouse. This could include board games, card games, video games, dancing, watching your favorite movie, or just talking on the porch over a cup of coffee. You are never too old to do these classically fun and engaging activities.

Free or Cheap Hobbies

Upon retirement, many people pick up hobbies they’ve always loved but haven’t had the time to do in a long time. A hobby doesn’t have to be expensive to be fun. There are plenty of free or cheap hobbies to keep you entertained. A few examples include:

  • Sewing. If you enjoy sewing, it isn’t expensive to begin with. You can make it even more affordable by repurposing materials – plus, recycling is great for the environment.
  • Gardening. You probably already have most – if not all – the tools you need to garden. For the cost of some seeds or sprouts you can kickstart this hobby. Plus, spending time outside ensures you get enough vitamin D, and fresh air is great for you.
  • Bowling. If you’re healthy enough to do so, bowling is a very cheap hobby that will also help you stay active.
  • Community service. Many people find that giving back to their community makes them feel good.

Making Vacations Affordable

Retirement is the perfect time to take those vacations you haven’t yet been able to, but you don’t want to go broke doing so. Check out these simple tips to help make traveling a little more affordable. Not only will you save money now, but those savings could add up to an extra vacation down the line!

  • Stay with relatives or friends when possible.
  • Pack drinks and snacks for the ride, and limit eating out.
  • Browse sites live Groupon and Living Social to find great deals on hotels and activities.
  • Go camping instead of staying in a hotel.
  • Plan a budget for your trip ahead of time, and stick to it!