• Text size:
    A
    A
    A
  • Share
    Share this page
    Close

    To ShareThis, click on a service below:

  • Email
    Email this page
    Close
    • Cancel & close

    Your email address is required to let the recipient know who has sent this email. Your email address and the email address(es) you provide will not be used for any purpose other than sending this page on your behalf.

Key points
  • Having a vision for retirement may help you feel fulfilled.
  • You're more likely to achieve your goals if you write them down.
  • It's never too late to think about your goals and retirement expectations.
  • Refining expectations is an important part of the financial planning process.

Review your retirement expectations

In retirement

Having a fulfilling retirement includes identifying how you want to spend your time. If you find yourself thinking, "I'm retired, now what?", here are some ideas to help. Remember, people who write down their goals are more likely to achieve them.

What might you like to do?

Does anything stand out as most interesting?

Second career
  • Non-profit executive
  • Patient representative
  • Celebrant/religious leader
  • Public school teacher or college professor
  • Financial advisor
  • Lobbyist
  • Retail sales
Hobbies
  • Restore an old car
  • Make quilts
  • Garden
  • Write a novel
Volunteer work
  • Build homes for the homeless
  • Volunteer for a political party
  • Teach people to read
Learning
  • Go back to school
  • Learn another language
  • Get your pilot's license
Relaxing and enjoying life
  • Travel with the family
  • Read more
  • Savor quiet time
Who do you want to spend time with?

Maintaining social connections can be challenging throughout our lives. The loss of work friends is the most unforeseen challenge of retirement. It's important to take an active role in building and maintaining your support network of friends, family and acquaintances now that you're retired.

  • Spouse or partner. Consider new activities you may participate in together.
  • Family. How far away are your parents, children and grandchildren? What activities do you like to do together? Do you desire or need to travel to see family members?
  • Friends. How much do you like to entertain and stay socially active?
  • New friends. How can you meet new people? Consider classes, clubs and organizations.
Where do you dream of going?

Travel can provide solitude, companionship, adventure or relaxation. The possibilities are endless.

  • Destination. U.S., overseas, historical sites, places from your roots, homes of friends or family
  • How do you want to travel? Motor home, car, bicycle, motorcycle, plane, train, bus
  • How much traveling do you want to do? Number of trips each year, duration
  • Who are your travel companions? Spouse or partner, friends, children, tour groups
Where do you want to live?

Do you want to stay in your current home? Do you want to be part of a community? Do you want to try a new climate or lifestyle? Do you want to live in multiple locations?

  • Stay in the area. Loft in the city, current home, smaller/maintenance-free home
  • Move closer to family. Spend time with children, grandchildren or parents
  • Relocate near activities you love. Vacation home, overseas, learning community, active outdoor setting. You might consider these top places to retire according to the AARP.
How do you intend to stay healthy and active?

As your lifestyle changes in retirement, it's important to think about how you will take care of yourself. This includes mental and physical well-being, a healthy soul and a nurturing environment.

Physical fitness
  • Join a health club
  • Take walks
  • Learn martial arts
  • Play golf
  • Buy a home gym
  • Practice yoga
Mental fitness
  • Take classes
  • Go to concerts
  • Play chess or cards
  • Write a book
  • Practice meditation
Health care Learn about and make the most of your benefits.
How do you want to make a difference?

Retirement goals can include helping others. Think about the people who matter to you, what you hope the future holds for them, and how you might help them realize their own dreams. What organizations or causes represent your values? How do you want to support them?

  • Family. Fund education, instill values, or teach personal skills.
  • Community. Serve on a board, provide volunteer outreach, do fund-raising, or donate money.
  • Friends. Form support groups or be a mentor.
How do you want to make your lasting mark?

We all have a say in how we're remembered. Our legacy is formed by the ideas, actions and causes to which we dedicate ourselves today. What's important to you? What do you want to pass on to others?

  • Family and friends. Children, siblings, parents, friends, or pets
  • Spiritual interests. Your place of worship, religious organizations
  • Schools. Your alma mater, your family members' schools
  • Charities or causes. Food banks, shelters, arts, research organizations

What brings you happiness? Having a vision for your retirement is as important as money in achieving a fulfilling retirement. An Ameriprise financial advisor can help you look at how to use your retirement income to help support your lifestyle goals and provide further advice for retirement.

Financial planning services and investments offered through Ameriprise Financial Services, Inc., Member FINRA and SIPC.

Rate this
Low
High

Find an advisor

Start the conversation with a financial advisor

More search options

Or

Have a local advisor contact you.