For the 44 percent of people approaching retirement who think that their quality of live will be diminished, this is likely either a wealth or health matter. Yet retirement health is not directly related to retirement wealth.
Fact is, many individuals approaching retirement overestimate how much money they will need to maintain an appropriate standard of living. At the same time, a lot of people are underestimating how well they can live in retirement.
According to the RBC poll, the great news is that about two thirds of retirees are continuing to live their lives at the same pace as when they were working. Undoubtedly, many of these happy retirees are trying to figure out how they had time for work when they still had a job.
In another vein, the RBC researchers found that 90 percent of people in the “retirement window” (individuals aged 50 to 69) are concerned about health and wellness. What’s more, two-thirds of retirees spend more time looking after themselves than they did when they were in the workforce.
Clearly, being healthy in retirement contributes greatly to a sense of well-being. Individuals who look after themselves, eat right and exercise, can look forward to a healthier retirement than those who don’t. The good news is that It’s never too late to start a wellness program that targets optimum weight, a healthy lifestyle, and sufficient physicial activity (at least an hour a day).
Retirement quotes and retirement sayings are adapted from: