Our Blog

10 Different Hobbies to Enhance Your Retirement, Part I

Whenever prospective, hopeful or even the wistful members of the workforce are asked what aspects of retirement they’re looking forward...

Whenever prospective, hopeful or even the wistful members of the workforce are asked what aspects of retirement they’re looking forward to the most, hobbies consistently rank high on that list. But saying this and actually doing it are two entirely separate things. After devoting the better part of your life to punching the time card at the daily grind, some new retirees just don’t know what to do with themselves now that they have an abundance of what was once a treasured commodity — time. And even if you do have a hobby, you might discover that it’s just not enough to keep you busy or happy during your golden years.

Compiled from a number of different studies and articles, I’ve developed the following list of ten hobbies or activities that may appeal to you as pleasant ways to wile-away your retirement years. Some of these hobbies are meant for relaxation, others to challenge the mind or the body, some are meant to make a difference in the lives of others, and some are simply to create amazing new memories and experiences.

1. Traveling

Surely there are many places on this vast earth that have long appealed to you. But with limited paid vacation days and workplace stress, many Americans don’t have the time or money to travel during their working years. Retirement is your chance to get out and explore! Based on your budget, a fun way to begin your adventures is to mark destinations of interest on a map of the U.S. or the world with pins. You can either plan a grand adventure and follow your pins in a logical order, or visit locales at your own pace, and even make a game out of choosing your next destination — think of it as a kind of reverse pin-the-tail-on-the-donkey.

2. Teaching

If you find yourself missing work, consider teaching the next generation your knowledge and skills. Imparting this valuable information often brings immense satisfaction, as you are making a personal investment in the future. Everybody wants to hear the tips and tricks of the trade from the experts who’ve been there, and that’s you.

3. Collecting

Did you start a stamp collection as a teenager that never really got much further after “real life” set in, or have you always longed to become a numismatist? Now is the time to revisit those old passions and rekindle your efforts. Whether its stamps, coins, baseball cards, rare books or maps, or anything else that tickles your fancy, having the time to focus on and add to these collections can bring a new depth to retirement.

4. Volunteering

Why not devote your time to a great cause? You’d be surprised how many volunteers are needed for any number of charities of associations, so finding a cause to suit your personality and desires shouldn’t be a problem. For help finding just the right volunteer opportunity in your area, I suggest visiting www.VolunteerMatch.org. This site allows you to choose from a number of topics that interest you, and then performs a search to provide you with an impressive list of volunteer opportunities in your area. Pick one and offer it the one thing more valuable than money — your time.

5. Puzzles and Games

Without the day-to-day stimulation of the workplace, many retirees feel as though they’re losing their once razor-sharp acumen. That’s most likely not the case; rather, your brain just needs more stimulation to stay healthy and sharp. Everything from Scrabble to Soduku to good-old-fashioned Memory can help to engage your mind in positive and fun ways. And, of course, what’s more fun than a game night with friends? Break out the Trivial Pursuit, chessboard, Boggle, or Monopoly and inject a bit of competition to really enthuse your guests — and get them thinking.

In Part II of this article, we’ll explore even more hobbies that could grab your interest and make the retirement phase of your life exciting in new ways you may never have imagined.

 

Image courtesy of: morguefile.com http://mrg.bz/ClQ2J5

Sources:

Catalogs.com: Top 10 Hobbies for Retirees:http://www.catalogs.com/info/bestof/top-10-hobbies-for-retirees

Investopedia: 8 Affordable Retirement Hobbies:http://www.investopedia.com/financial-edge/0312/8-affordable-retirement-hobbies.aspx

LovetoKnow Senior Citizens:Ten Hobbies for Retirees:http://seniors.lovetoknow.com/Ten_Hobbies_for_Retirees

Marketwatch: Top 10 most desired retirement activities:http://www.marketwatch.com/story/top-10-most-desired-retirement-activities

Investopedia: Retirement Hobbies that Make Money:http://www.investopedia.com/financial-edge/0712/retirement-hobbies-that-make-money.aspx

Back

DISCLOSURE: Investment advisory services are offered through Gretchen Stangier, Inc. DBA Stangier Wealth Management (“Stangier Wealth Management”), an investment advisor registered with the U.S. Securities and Exchange Commission. Stangier Wealth Management only offers investment advisory services where it is appropriately registered or exempt from registration and only after clients have entered into an investment advisory agreement confirming the terms of engagement and have been provided copies of the firm’s ADV Part 2A brochure and Part 3 documents.

DISCLAIMER: This website is for informational purposes only and does not constitute a complete description of our investment services or performance. This website is in no way a solicitation or offer to sell securities or investment advisory services except, where applicable, in states where we are registered or where an exemption or exclusion from such registration exists. Information throughout this site, whether stock quotes, charts, articles, or any other statement or statements regarding market or other financial information, is obtained from sources which we, and our suppliers believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. Nothing on this website should be interpreted to state or imply that past results are an indication of future performance. THERE ARE NO WARRANTIES, EXPRESSED OR IMPLIED, AS TO ACCURACY, COMPLETENESS, OR RESULTS OBTAINED FROM ANY INFORMATION POSTED ON THIS OR ANY ‘LINKED’ WEBSITE.

You may also like

Eating the Estate Planning Elephant… One Bite at a Time, Part I

No one wants to look at it, no one even wants to think about it, yet there it looms —…

Eating the Estate Planning Elephant… One Bite at a Time, Part II

You may have been cohabitating with your proverbial estate planning elephant for some time now, but if the first part…

5 Steps You Can Take Now to Improve Your Retirement Income

If you’re a working American born anytime between 1946 and 1991, the research, analysis and more importantly, the five straightforward…