You make an important lifestyle change when you decide to retire. For some, that can be a scary thought. You may have often wondered what kind of lifestyle change it will be. Obviously, your schedule will likely change with not having to go to work full-time anymore, but will you still get to do the things you enjoy doing outside of work? Things like travel and leisurely hobbies are something you would probably like to keep doing. Therefore, you might be worried you will not be able to do them anymore. It is normal to have those concerns.

When you finally say goodbye to your workplace, you will likely be confronted with a wide range of feelings. After spending the main portion of your life in the work force—some largely with the same company— you will have grown attached to the people, the place, and even the work schedule. As such, it can be very hard to let go. There is no easy or “normal” way to confront these complex feelings. Stay close with the ones you love during the transition, and try to keep in tune with what you’re feeling, however you have been accustomed to doing that, whether through journaling, prayer or meditation, or just talking with your spouse and loved ones.

You are likely to see a significant reduction in things to do as this transition unfolds. You are also going to realize that the time you have is precious, and you will want to make the most of it. So schedule your time in a way that satisfies you. You can visit your children more often, use the time to make some home improvements, volunteer, or find a hobby that matches your interests. Just as you need to plan how your finances will progress, it is very important to take the time to plan how you will use your free time. By doing so you can avoid the potential stress that may come from transitioning into a new lifestyle.

Once you have come up with a schedule that you are satisfied with, you can figure out a budget that allows you to live that lifestyle. When you can see what you will have going on, you can plan ahead financially and be prepared for wherever you would like your retirement to take you. Now, we don’t mean you need to have every day of your retirement planned out, just have an idea of what you would like to do most often. And know ahead of time what trips you might want to take. There will, of course, be times when you will do something spontaneous, and that’s perfectly fine. It keeps things exciting that way.

You can live the lifestyle you want in retirement if you go into it prepared. The longer you wait to start thinking about and planning for your retirement, the more likely you will be to worry about different aspects of it – such as your lifestyle. We at Miramontes Capital can help you with your retirement planning, and can help keep your mind at ease as you make this transition.

FOR MORE HELP REGARDING HOW TO KEEP YOUR LIFESTYLE IN RETIREMENT, CONTACT MIRAMONTES CAPITAL.

Schedule an in office or over the phone consultation to discuss how Miramontes Capital can help you with your new beginning through retirement planning.


Miramontes Capital is a Registered Investment Adviser. Advisory services are only offered to clients or prospective clients where Miramontes Capital and its representatives are properly licensed or exempt from licensure. This video is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Miramontes Capital unless a client service agreement is in place. Miramontes Capital is a Registered Investment Adviser. Advisory services are only offered to clients or prospective clients where Miramontes Capital and its representatives are properly licensed or exempt from licensure. This video is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Miramontes Capital unless a client service agreement is in place.