Retirement is often viewed as the long-anticipated escape from the daily grind—a reward for decades of hard work. While the idea of leaving behind workplace stress is appealing, retirement shouldn’t just be about stepping away from something; it should be about stepping toward something meaningful. The most fulfilling retirements are those filled with purpose, passion, and new opportunities.
One of the challenges many retirees face is the loss of structure and identity that often accompanies leaving a career. For years, work provides not only a steady routine but also a sense of purpose and belonging. When that chapter ends, it can leave a void that’s difficult to fill without a plan. This is why retiring to something—whether it’s a hobby, a passion project, or a new way of contributing to society—is so crucial. It ensures that retirement becomes a beginning rather than an end.
Retiring TO something means envisioning how you want to spend your time and energy. Do you dream of traveling the world, immersing yourself in new cultures? Perhaps you’ve always wanted to write a book, learn to paint, or pick up gardening. These pursuits give your days focus and joy, providing a sense of achievement and growth even after your professional career has ended.
For many, retiring to something also involves giving back to their communities. Volunteering is a popular avenue for retirees, offering opportunities to mentor younger generations, support charitable causes, or engage in local initiatives. This not only benefits others but also reinforces a sense of purpose and connection in the retiree’s life.
Another essential aspect of retiring to something is maintaining and fostering relationships. Retirement can be a time to deepen bonds with family and friends, or even create new social networks through shared activities. Whether it’s joining a book club, participating in group fitness classes, or simply spending quality time with loved ones, these connections are vital for emotional well-being.
Financial planning plays a key role in making this vision a reality. When you plan for retirement, it’s important to account for more than just your basic living expenses. Budgeting for activities, travel, or new hobbies ensures that you have the freedom to pursue the things that matter most to you. Financial freedom enables you to focus on the “to” rather than the “from.”
It’s also worth noting that retiring to something can positively impact your health. Engaging in meaningful activities keeps both the mind and body active. Whether it’s through intellectual pursuits like learning a new language or physical activities like hiking or yoga, staying engaged helps combat the health risks often associated with a sedentary lifestyle.
Ultimately, retirement is a unique opportunity to craft the life you’ve always envisioned. By focusing on what you’re retiring to, rather than what you’re leaving behind, you create a retirement filled with excitement, growth, and fulfillment. It’s not just about ending a chapter but starting a new one—one that’s defined by purpose and passion. So, as you plan for your golden years, ask yourself: What do I want to retire to? The answer to that question can make all the difference.
Sharon L. Herman AAMS, ADPA is the CEO and financial advisor at Silver Key Wealth Management, and affiliated with LPL Financial. www.silverkeywealth.com
The opinions expressed in this material do not necessarily reflect the views of LPL Financial.
Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Silver Key Wealth Management, an independent investment advisor. Silver Key Wealth Management is separate entity from LPL financial.
There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.
Ms. Herman may only discuss and/or conduct transact securities business with residents of FL, MI, GA, NJ, VA, NC, SC, CA, TX, CO, NH, NY. www.finra.org www.sipc.org