keeping busy retirement

Why it’s Crucial to Keep Busy after Retiring

The idea of no longer having to wake up to an alarm every weekday morning and being able to choose how they want to occupy their days is an idea that’s highly appealing to most working people – especially after having spent 40 or more years in the workforce. 

However, many of these individuals suddenly find themselves at a loose end because of not knowing what to do with all the free time they now have – which can result in them experiencing severe bouts of depression.

Below are some reasons why you should keep as busy as possible after retiring:

Ease the Boredom

Although most people literally count down the years until they’ll be able to retire, many of them end up being caught off-guard when they are left with endless amounts of free time. Many jobs also provide a level of mental stimulation, which also comes to a sudden stop they day that the office job comes to an end. 

While some people will take on new hobbies or interests after retiring, others may find that this alone doesn’t provide the mental stimulation they need. As such, taking on a part-time job could be highly beneficial for them – not just to alleviate boredom, but also to supplement income.

Keep up with Social Engagement

If you’re a person who doesn’t enjoy being aloe, chances are that you’ll miss the daily bustle and routine at your workplace after retiring. 

Many older individuals have worked with the same colleagues for a number of years, meaning that many of them will have become friends during this time. Opting to continue working part-time will help ensure that these relationships can continue to thrive. In cases where your part-time position is at a different company to that where you worked previously, it will provide an opportunity to make new connections and friends.

Keep those Cognitive Skills Sharp

Getting involved in various activities after retiring will not only help ensure that you have a good amount of company during this time of your life; research has shown that individuals who continually interact with others will possess cognitive skills that are far better than those who decide to isolate. Although poor cognitive skills will not render an individual incapable, they do make it more difficult for a person to successfully interact with others.

Supplement Income

Many retirees discover too late that the funds they had set aside for this time of their lives will not be sufficient for them to make ends meet. Taking on a part-time position can help supplement existing retirement income to the point where you may even have a little cash left over at the end of the month to treat yourself after covering essential expenses. 

Although the thought of literally being able to sit and do nothing all day seems highly appealing – especially to individuals who have had fast-paced careers, the truth is that most people won’t be happy doing this for long. If you would like to learn more about building a sizeable retirement fund, contact us today.