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Retirement: The First Year

Wednesday, March 10th, 2010

The beginning of a change is often the hardest part.  Though retirement is usually a welcomed change and the first few months may feel like vacation, the first few years may prove to be difficult or awkward.  But those first couple of years will set the tone for the rest of your retirement and the rest of your life.  Here are some ideas on how to start off this new and exciting period of life on the right foot.

1. Wait a year to make any permanent changes.

A year waiting period is good for any major life transition.  While you wait, spend the year exploring your options and doing your research by talking to friends, using the internet, or traveling.  Take advantage of things like Terra Vista’s overnight-stay with county and community tours.  Though retirement may feel like vacation in the beginning, it is actually a major alteration in lifestyle.  This new lifestyle should start well and end well, so take the time to plan your future well.

2. Celebrate the transition.
As already stated, retirement is a new season of life, and this new season should be celebrated.  Many people have a party and use this transition as a reason to get family and friends together to celebrate what has already been accomplished and to share in the anticipation of what is to come.  Others plan a quieter, more intimate vacation.  Whatever you decide to do, it should commemorate the beginning of this new stage of life.

3. Watch what you spend.
With savings, more free time, and that retirement package, it may be tempting to spend more money or make large purchases to reward yourself for all those years of hard work.  But try to reign in the impulse to spend and remember to sleep on any large purchases.  Take some time to figure out if the purchase is impulsive or if it corresponds to your long-term retirement goals.

4. Create new, healthy habits.
Retirement is lifestyle change, so take full advantage of the transition and use the adjustment to create new routines that may be over-due.  Similarly to making New Year’s Resolutions, let the beginning of retirement be the opportunity to begin healthier habits.  Begin the rest of retirement on a solid foundation by eating better, getting more physical activity, get your legal documents in order, and all the other things you have been putting off for lack of time.  Set goals and figure out a plan to accomplish them.

5. Try new things.
Utilize your free time and flexibility to discover new aspects to life.  Try a new hobby and discover fresh ways to be creative.  Retirement can be a great opportunity for growth through adult learning classes or researching some short-term projects.  Look for ways and opportunities to make new friends, or re-connect with old ones that you may have lost touch with over the years.

In the end, relax, take your time, and enjoy the process of figuring out this new season of life.  Don’t let yourself get stressed, but allow time to rest and process your many years of hard work.  Remember what you have accomplished, do what needs to be done, and look forward to the future.

Planning a Memorable Retirement Party

Friday, March 5th, 2010

A retirement party should be just that- a party!  After all the years of hard work and sweat the retiree has contributed, you want to plan a party that makes them feel appreciated and celebrated for what they have done, but also for who they are.  You may know the guest of honor primarily through the time they contributed at your company, but there is a lot more to them as a person; make this a celebration of not just what they have done, but who they are as well.  This is obviously primarily a celebration of the retiree’s working years, but don’t be afraid to include some touches reflecting their personal lives as well.  Here are some fun ideas to plan an easy, but memorable, retirement party.  Its all about the retiree for a few hours, and every aspect of the party should reflect that in some way.

Decorations:
Beyond what they have done and who they are, don’t forget to include aspects of where the retiree is going and what they plan on doing.  Are they retiring to Florida?  Then decorate the party with bright colors, pink flamingos, and other beach themes.  Is the retiree finally building their dream house in the mountains?  Use camping equipment and pine cones to create a festive air.  Retirement parties only happen once, so don’t be afraid to have fun with the decorations and maybe even go a little overboard.

Food:
The food should also tie into the theme of the party and reflect the guest of honor.  Maybe the first thing the retiree is planning on doing with their new-found freedom is to take that cruise in the Mediterranean.  If that’s the case, find a good Greek caterer and make sure there’s lots of Baklava.  If the retiree is most looking forward to spending their days boating, serve lots of seafood.  Or consider holding the party at the retiree’s favorite restaurant.  Don’t skimp on the quality of the food; if you’re planning the party on a tight budget, don’t give in to the temptation to save by getting cheap food.  Nothing puts a damper on a party faster.

Party Games and Entertainment:
Many people expect to toast (or roast) the retiree, but a fun variation of that is to create a Jeopardy-like game using questions based on the guest of honor.  Another great TV game show to use would be Who Wants to be a Millionaire?  Some friendly competition for the attendees could be a small putt-putt course if the retiree is a golfer.  Whatever you plan, be sure to keep the retiree’s personality in mind; you want the end of the retiree’s time to be one of their best memories, not one of their most embarrassing moments.

After the party:
Whatever the retiree is going to end up doing now that their days of toiling are done, a great way to let those left behind know how to keep up with them as they head off to new adventures is through the party favors.  For the outdoors-y themed party, use wood picture frames with the retiree’s new contact information or an idea that can be incorporated into every theme is to put disposable cameras out on the tables and encourage friends or co-workers to document the party for the guest of honor themselves.

The options for themes of a retirement party are as diverse as the person you’re honoring.  Don’t be afraid to mix and match the many facets of the retiree’s life.  What is it they most look forward to doing in the future?  What are some of their greatest professional and personal accomplishments?  Every retiree has a unique story, take advantage of that uniqueness to plan a retirement party that they (and you) will never forget.