While most of us dream about retiring during our working years, it is a significant life event that can be challenging to adjust to.
Many people experience a loss of identity and purpose which can trigger stress, anxiety and depression.
In this article, we discuss how to remain physically and mentally well in retirement to ensure you have the best quality of life possible.
Retirement can cause a range of emotions so it's important to prepare yourself emotionally as well as financially.
Here's some tips to go about this:
Regular exercise has many health benefits including reducing the risk of chronic diseases, such as heart disease, diabetes, and stroke.
In addition to the physical benefits, exercise is one of the best remedies for improving mental health - it stimulates endorphins which helps to reduce stress and anxiety.
Here's some tips on how to remain physically active.
Staying mentally active is just as important as being physically active in retirement.
Regularly engaging in intellectual activities can help improve cognitive function, memory, and concentration. It can also help reduce the risk of dementia and Alzheimer's disease.
More importantly, it provides a sense of fulfillment and purpose. By engaging in new experiences, you can accomplish new challenges and continue to grow as a person.
Here's some tips on how to remain mentally active in retirement.
Retirement can be an exciting and fulfilling phase of life if you plan and prepare well. Taking care of your mental and physical wellbeing can help you find a new sense of purpose.
This article is issued by OnePath Custodians Pty Limited (OnePath Custodians) ABN 12 008 508 496, RSE L0000673, AFSL 238346 and OnePath Funds Management Limited (OnePath Funds Management) ABN 21 003 002 800, AFSL 238342. OnePath Custodians and OnePath Funds Management are part of the Insignia Financial Group of companies, consisting of Insignia Financial Limited ABN 49 100 103 722 and its related bodies corporate (Insignia Financial Group).
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Taxation law is complex, and this information has been prepared as a guide only and does not represent taxation advice. Please see your tax adviser for independent taxation advice.
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