3 tips from a retiree for life after work

Life after work is what we all aspire to – it’s like a never-ending long weekend! The fact is, we spend a lot of time-saving and planning for retirement from a financial perspective, but most of us don’t put as much thought into other aspects like relationships, recreation, hobbies, holidays and health.

There are a lot of non-financial aspects of retirement to think about as well, such as:

  • How do you replace the social aspect of your workplace?
  • What can you do to make up for the sense of responsibility and purpose that often comes with a job?
  • How do you enjoy all that extra time, without becoming bored – especially if your partner is still working?

When we finally walk away from full-time work, some of us are overwhelmed by all the free time and don’t know what to do all day. Others are over overcommitted with too much on between looking after grandkids and doing life, with no time to relax.
Whether you’re overwhelmed or overcommitted, here are three tips from retirees on life after work.

1. Have a routine

Surprisingly enough, other than missing your workmates, you’ll find you miss the routine of work. 

When it all stops, you feel this gap in your life. That’s why it’s so important to plan out what you’ll be doing in retirement – and try to squeeze in time for doing good things you love or have been meaning to but didn’t have the time. Boredom can also be a problem without a regular routine, especially for someone who is used to a busy pre-retirement life.

2. Stay healthy

Research indicates that more than 80% of today’s retirees say health is the most important ingredient for a happy retirement – even more important than financial security! So, finding ways to stay mentally and physically healthy is key. You can take it easy by gardening, walking, yoga, swimming, or take it up a notch by joining a gym, surfing, cycling whatever you enjoy doing that will keep you fit and active will do wonders for your physical wellbeing. 

If exercise is not your thing, you can find ways to relax your mind and body by doing yoga or listening to music. Other feel-good activities including volunteering for a worthy cause, now that you have the time.

3. Learn to say ‘no’

When others learn you’re ‘available’ before too long you can become the ‘errand’ point person in your family – looking after grandkids, picking up deliveries, doing the grocery shopping for others, helping out with life admin for others – whatever it may be, it chews up your precious time to do what you want to do. 

Learning to say ‘no’ can take practice, because at the end of the day we all like to be helpful or feel useful, but it comes at a cost. Make sure you allocate time to do the things you intend and make them a priority, so you can work around them or simply say ‘no’ to other requests that will monopolise your time.

That’s it for now, start enjoying your retirement on your own terms.

Before we go, we’ll leave you with some financial tips…

  • Don’t stop budgeting – make sure your income lets you do the things you enjoy and lasts as long as you need it to. 
  • Review your health insurance – it’s important to re-evaluate your supplemental medical coverage every year. Insurers change policies now and then and your health can change over time too.
  • Cut down on costs – evaluate your expenses and consider the necessities and ‘nice to haves’ with a view to cutting down costs if you need to. 
  • Set financial goals - goal-setting isn’t just for your 30s and 40s, the more you plan for the future, the more you’ll get out of your retirement. Just make sure your plans and goals align with your retirement income.


The information on this page has been issued by Maritime Financial Services Pty Limited (MFS). It contains general information that doesn’t take into account your individual objectives, financial situation or needs. It’s important to consider how appropriate this general information is in relation to your situation before making an investment decision. We recommend that you seek financial advice before making any decisions regarding your super or investments. The information on this page is current at the time of publishing.