Are You Planning Ahead For Your Travel Dreams In Later Life?

What is retirement?

Retirement is a phase in life when individuals transition from active work life to a period of leisure and relaxation, typically in their later years. It marks the end of one’s career and the beginning of a new chapter, offering the opportunity to explore new interests, pursue hobbies, and enjoy more time with family and friends.

After retirement, people may choose to take various paths based on their preferences and circumstances. Some may decide to remain in their own homes, while others may opt for alternative living arrangements, such as moving to senior living communities — think The Chelsea at Forsgate (check them out at

Moving to a senior living community can offer numerous benefits, including safety, access to healthcare services, organized activities, and the chance to make new friends and participate in a vibrant community. These communities offer a range of housing options, from independent living to assisted living and memory care, accommodating different levels of care needs.

For those who decide to stay back at their homes, gardening is a popular activity. Many find joy and fulfillment in tending to their gardens, cultivating beautiful flowers, or growing fresh fruits and vegetables. Gardening provides physical activity, mental stimulation, and the satisfaction of nurturing and witnessing the growth of plants.

Traveling is another common pursuit after retirement. With more time and flexibility, retirees often embark on adventures, exploring new destinations or revisiting favorite places. Traveling allows them to experience different cultures, enjoy scenic landscapes, and create lasting memories with loved ones.

In retirement, some individuals may choose to engage in volunteer work or pursue lifelong passions they didn’t have time for during their working years. This could involve participating in community projects, mentoring younger generations, or contributing their skills and expertise to charitable causes.

Many retirees also focus on health and wellness. Regular exercise, such as walking, swimming, or yoga, helps maintain physical fitness and overall well-being. Retirement offers the opportunity to prioritize self-care and establish healthy lifestyle habits.

Additionally, some retirees may decide to continue their education or take up new hobbies. Learning new skills, attending workshops, or participating in classes keeps the mind active and engaged.

Financial planning and managing retirement funds are crucial aspects for retirees. Careful budgeting and financial planning help ensure that retirees can maintain a comfortable lifestyle and cover healthcare costs while safeguarding their long-term financial security.

Overall, retirement represents a time of newfound freedom and possibilities. Whether choosing to embrace a quiet life at home, move to a senior living community, explore gardening, travel the world, volunteer, or engage in new hobbies, retirees have the opportunity to shape their retirement years according to their desires and preferences. It is a phase of life to be savored, cherished, and enjoyed to the fullest.

Our Take on Retirement

Setting up a simple direct debit and allocating a small portion of your monthly wages to a pension account each month, could mean that come retirement age, you could afford to jet off on that long adventure holiday you’ve always dreamed of. However, an online investment company has revealed in their findings that East/East Anglia, South West and Wales were the three UK regions with the largest proportion of people contributing nothing towards their UK private pensions each month. Read more insights from Q3 2016 in True Potential Investor’s graphic below.