The road to retirement requires a lot of planning and a little luck. If you’ve planned appropriately, you’ll have many years to relax and enjoy life. However, you have to be careful that you don’t overdo it when it comes to living your best retirement life. If you don’t make wise decisions, you could end up in a bit of financial trouble and find yourself on your way back to the rat race. Here are seven of the worst things you can do when you retire.
1. Lead a sedentary lifestyle
Sure, this is a time for you to finally relax, but you shouldn’t stay on the couch all day. Take time to get up, go outside, and get some fresh air. If you relax too much and start to lead a sedentary lifestyle, you’ll put yourself at risk for developing a chronic illness. So instead of using all your time off to put up your feet and catch up on your favorite shows, get active. Many senior centers or local community centers offer exercise programs for older adults. Check with your state’s Department on Aging for details.
Next: Hey, big spender.