When your life is dominated by the daily grind, the idea of one day retiring and simply doing nothing may seem fantastic. However, retirement takes its toll not only financially but also emotionally. Even if it isn’t part of your plans for the near future, the sooner you start preparing for retirement, the easier it will be to adjust to this huge life change when the time comes.
1. Get Your Savings in Order
See more: 15 retirement tax tips that will save your nest egg.
2. Downsize Your Home
4. Don’t Build Your Entire Identity Around Your Job
6. Stay Socially Connected
7. Find Ways to Reduce Stress
8. Stay Active
More: here are 20 things to throw out now for better health.
9. Set Goals
10. Build a New Routine
11. Find Your New Path
12. Build Skills You Can Use Post-Retirement
For some ideas, here are 19 Canadian jobs that make big money but don't need degrees.
13. Share Your Skills
14. Take Up New Hobbies
15. Go Back to School
For more retirement planning, check out these 10 great spots where you can retire for under $2000 a month.