Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram Pinterest
    BAUCE
    SUBSCRIBE
    • Hustle

      The Difference Between a Mentor and an Advisor: Understanding Their Unique Roles

      April 28, 2025

      Leveling Up: How Quality SEO Tools Can Take Your Brand to the Next Level

      April 23, 2025

      How to Network at a Women’s Conference And Build Meaningful Connections for Success

      April 4, 2025

      How to Know It Is Time to Get an Office as an Entrepreneur: 5 Clear Signs You’re Ready to Expand

      April 2, 2025

      Benefits of Adding Telehealth Options as a Med Spa Owner

      March 31, 2025
    • Believe

      How Working From Home May Make Anxiety Worse (And What to Do About It)

      February 27, 2025

      Overcoming Imposter Syndrome: Confidence Tips for Black Women Entrepreneurs

      January 27, 2025

      10 Black Influencers To Follow If You Want to Start A Business in 2025

      January 22, 2025

      How To Use Affirmations To Manifest Abundance and Wealth In Your Life

      January 6, 2025

      The Ultimate Guide to Digital Vision Boards

      January 2, 2025
    • Earn

      How Entrepreneurs Can Prepare for A Recession: Smart Strategies for Tough Economic Times

      April 30, 2025

      How Non-Profit Founders Can Gain Capital and Build Meaningful Partnerships

      April 21, 2025

      Here’s How To Properly File Taxes as a Small Business Owner

      April 7, 2025

      Staying the Course: How Black Women in the Retail Space are Navigating DEI Rollbacks

      March 24, 2025

      20 Funding Programs and Resources Every Black Woman Founder Needs To Know About in 2025

      March 19, 2025
    • Live

      7 Benefits of Morning Exercises for Entrepreneurs

      May 31, 2025

      What It Really Takes to Relocate Across States and Cities

      May 21, 2025

      How to Refresh Your Look Without a Major Makeover

      April 23, 2025

      The Art of Hosting Coming-of-Age Events

      April 15, 2025

      Find The Best Women’s Shoe Brands For Work By Focusing on Style and Comfort

      April 9, 2025
    • Profiles

      Serial Entrepreneur and TV Star Melody Shari On Adding Beauty To Her Business Empire

      April 7, 2025

      How Danika Berry Turned Adversity Into Success With The Relaunch Of Glam Body

      March 5, 2025

      How ArLancia Williams is Building Generational Wealth Through Real Estate

      March 3, 2025

      Candi Dailey Bridges Hope and Hospitality

      January 20, 2025

      How Culinary Trailblazer Ebony Austin Fuses Food and Philanthropy

      January 8, 2025
    • More
      • About
      • Contact
      • Jobs
      • Advertise
    • Shop
    BAUCE
    Live

    5 Things To Consider As You Near Retirement

    By BAUCE MEDIA PARTNERSeptember 7, 20214 Mins Read
    Elderly black woman holding phone up
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Even if you like your job, you probably look forward to retirement. The better prepared you are, the more you’ll enjoy it, so take a look at the tips below and make sure you’ve considered some of the most important aspects of your post-retirement life.

    Your Vision for Retirement

    First, think about what you want the years ahead to be. Retirement can be anything you want: spending more time with your family, traveling, even starting your own business or going back to school. This time should be all about you, so don’t worry too much about other people’s “shoulds” and think about what you want. This can also help you prepare emotionally for the big change ahead. Many people simply assume that it is going to be so wonderful to not have to go to work that they don’t really think past that point, but after a few weeks of catching up on sleep and doing what you like, you’re probably going to want a new purpose.

    Your Money Situation

    How much do you have saved? How much will you receive in Social Security? Do you have enough to cover your expenses and the kind of lifestyle that you want? If the answer seems to be no, don’t worry. There can be a lot of options, such as moving to a place with a cheaper cost of living or looking at your assets and seeing what you can sell. For example, if you have a life insurance policy, you may want to find out whether you can sell it through a life settlement. You can review a guide designed to help clients understand whether this is an option.

    Your Social Situation

    It can be easy to become too isolated after retirement, so be sure to give some thought to what your social situation will be like. This is particularly true if large parts of your social life are connected to your work. You might want to think about making connections in the community in other ways, whether that’s through volunteer work, your religion or pursuing a particular interest of yours–perhaps one that you didn’t have much time for until you retired.

    Dealing With Family

    There are a few aspects of family life you may need to navigate after retirement. First, if you have a spouse or partner who is also retired, it could put a strain on your relationship if you are both at home together all the time. How will you deal with this? Think ahead about ways to ease stress so that you have solutions locked and loaded if you and your partner start to experience new tensions. The other common issue is if you have grandchildren nearby and your children want you to do childcare. Some grandparents may be delighted with this, others less so. You may need to establish your boundaries while still assuring your family that you care about them.


    You may want to consider what you’re doing when it comes to the management of your real estate. Approaching a California estate lawyer may be beneficial to help with trust disputes and a variety of other issues that may crop up regarding the distribution of your estate once you’ve gone

    Not Retiring

    Have you considered not retiring? Not everyone is really cut out for it. You may want to stay on in the job that you currently have, but if this isn’t possible or desirable, this might be a great time to start your own business or see if you can use your expertise in some other way. You could teach a fitness class for older adults, lead tours in your community, or help a nonprofit with filing or phone banking.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit WhatsApp
    mm
    BAUCE MEDIA PARTNER

    This content was produced via a paid partnership with BAUCE Magazine.

    Related Posts

    7 Benefits of Morning Exercises for Entrepreneurs

    May 31, 2025

    What It Really Takes to Relocate Across States and Cities

    May 21, 2025

    How to Refresh Your Look Without a Major Makeover

    April 23, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    TOP RESOURCES FOR YOU

    15 Black Women Web Designers That Can Transform Your Website

    How To Truly Break The Cycle of Debt

    It’s Time To Stop Sleeping On Your Credit Score, Sis – Here’s Why

    These Are 15 of the Highest Paying Careers To Pursue

    15 Good Jobs That Women Can Do From Anywhere Without Experience

    Facebook X (Twitter) Instagram Pinterest
    • Advertise
    • Privacy Policy
    • Contact
    • Jobs
    • Subscribe
    © 2025 BAUCE MEDIA LLC

    Type above and press Enter to search. Press Esc to cancel.