5 Myths People Have About Retirement You Should Not Believe

Posted by Berwick on the Park on January 22nd, 2021

Retirement will come for all of us. If you haven’t been preparing for it, it’s time to do so. The earlier you prepare for your retirement, the more secure your future will be.

Unfortunately, many people dread retirement because of some misconceptions. Here are some of these common misconceptions:

Myth #1: You stop being active when you are retired.

Many people think that once you reach the age of retirement, you stop enjoying physical activities altogether. That isn’t true at all. In fact, it’s important to be more active once you retire. Geriatric illnesses can sprout from inactivity. When you are no longer as active as before retirement, your body might start to decline.

It’s important to still have a physical fitness activity that you can enjoy. Whether it’s just going out for a walk in the morning or cycling in the afternoon around your neighborhood, you need to make sure that you get up from that couch and take care of your health.

Myth #2: Retirement confines you at home, doing nothing.

Being retired doesn’t mean you can’t engage in meaningful activities that you are passionate about. Now that you have more time on your hands, you can pursue the activities that you have always wanted to pursue before retirement. You can try activities that will help you learn a new skill or harness the ones you already have.

Myth #3: Retirement makes you out of touch with the rest of the world.

A lot of people think that when you retire, you lose your connection to the outside world. It doesn’t have to be. You can still be just as connected to the rest of the world by interacting with different people. There are also intergenerational programs today that allow seniors to interact with younger generations who might need their tutelage and influence.

There’s no reason you shouldn’t enjoy the company of others and talk about different things.

Myth #4: You need a lot of money for retirement.

This depends on your goals. If you plan on moving to a Seniors village in Kamloops, you should understand how much it would cost to live there and make a financial plan so that you can afford it. If you have plans on traveling around the globe after you retire, you do need to set aside more money. However, your plans might be different from others, so make sure you tailor your financial plan to your needs.

Myth #5: I can just live in my home after retirement.

Living home alone can have its upsides and downsides but if you decide to move to a seniors village in Kamloops, that can be done as well. There are also a lot of benefits to moving to a Kamloops seniors village such as Berwick on the Park.

Being in a seniors village in Kamloops will ensure you get the social interaction that you need during this time.

Your retirement years can be the best years of your life. Plan it wisely.

Micheal Cowan is the author of this article. To know more about Amenities - Berwick On The Park - Kamloops please visit our website: berwickretirement.com/bop/