Your Guide On How To Prepare For Retirement

As you approach retirement, it’s important to start thinking about how you will support yourself financially. While some people are lucky enough to have a pension or other retirement savings, others may need to rely on Social Security benefits or part-time work.

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You can do a few things to prepare for retirement, whether you’re just starting to save or you’re close to retirement age.

Here Are A Few Tips:

Start saving early
The earlier you start saving for retirement, the more time your money has to grow. So if you start saving in your 20s or 30s and consider annuity buyers, you’ll be able to take advantage of compound interest and potentially retire with a much larger nest egg than if you wait until later in life.

Save regularly
Try to make saving for retirement a habit by setting up automatic transfers from your paycheck into a retirement account. The more you can save on a regular basis, the better off you’ll be.

Invest wisely
When it comes to investing for retirement, it’s important to strike a balance between growth and stability. You don’t want to take too much risk with your investments, but you also don’t want to miss out on potential gains by being too conservative. So again, a financial advisor can help you come up with an investment strategy that’s right for you.

Think about when you want to retire
Do you want to retire as soon as possible, or do you want to keep working? If you’re hoping to retire early, you’ll need to make sure you have enough saved up to cover your costs. On the other hand, if you’re okay with working longer, you may be able to save less and still have a comfortable retirement.

Plan for healthcare costs
Healthcare expenses can take a big chunk out of your retirement savings, so it’s important to plan for them. If Medicare covers you, research what your costs will be and consider buying supplemental insurance to help cover any gaps.

Prepare for longevity
People are living longer these days, which means you may need your retirement savings to last 20 years or more. So make sure you have enough saved so that you don’t outlive your nest egg.

Consider downsizing
One way to free up some extra cash in retirement is to downsize your home. For example, if you have a large home with a lot of upkeep, selling it and moving to a smaller place can help you save money on things like property taxes, utilities, and maintenance costs.

Think about part-time work
Retirement doesn’t mean quitting work entirely for some people. However, if you’re healthy and enjoy working, you may want to consider transitioning to part-time work in retirement. This can help you supplement your income and keep your mind active.

Create a budget
Once you retire, it’s important to create a budget and stick to it. This will help you make the most of your retirement savings and avoid overspending.

Talk to a financial advisor
Retirement planning can be complex, so talking to a financial advisor is good. They can help you assess your retirement savings and make recommendations on how to best use them.

With some careful planning, you can ensure that you have a comfortable and enjoyable retirement. By following these tips, you’ll be on your way to a bright future.

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3 Reasons to Develop a More Physically Active Lifestyle (Other Than Heath)

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If you took a random poll of people in the street, probably very nearly everyone would tell you that regular exercise is good for health. It’s just something that we all tend to understand.

But not all of the benefits of exercise are health benefits. There are many ways in which living a more physically active lifestyle can help individuals to thrive, and there are many ways in which living a more sedentary life can be detrimental.

Here are some reasons to develop a more physically active lifestyle, other than health.

You’ll almost certainly feel more upbeat as a result

Being physically active on a regular basis, and moving around a lot, can work wonders with regards to helping to elevate your mood.

According to the psychologist Kelly McGonigal, physical activity actually causes certain molecules to be released from the muscles that are known colloquially as “hope molecules”, due to their ability to promote feelings of hope, optimism and well-being.

These “hope molecules” are different to the endorphins that are already well known to promote feelings of wellbeing.

There’s also evidence to suggest that the number of steps you get each day can impact your sense of wellbeing quite significantly, with more steps — up to a certain point — contributing to greater overall feelings of positivity.

In your own life, there’s a good chance that you can think of a number of examples of times when you were stuck indoors not moving around very much — and it’s likely that you didn’t feel too great during these periods of time.

By contrast, many people have experienced the feeling of an elevated mood after going for a stroll.

Your sense of potential and personal agency can increase

Physically active pastimes and activities can help to promote a heightened sense of personal agency and potential, instead of leaving you feeling as though life is just something that “happens to you” without your input.

By getting onto a consistent and committed weightlifting routine, for example, and supporting your workouts with good food and potentially supplements from a company like steelsupplements.com, you can begin noticing changes in how you look and feel relatively quickly.

This, then, can help to support your sense of being able to achieve things and to move towards valued goals of yours.

Depending on the activities you’re doing, you may become more capable in other areas of life

Certain forms of physical activity can have the great effect of helping you to become more capable in other areas of your life, such as by making it easier for you to move around in a dynamic way, or even to carry the groceries.

With many people experiencing chronic stiffness in certain muscle groups, and bad posture as well, practices such as yoga and Pilates can have the potential to make a real difference to everyday mobility.

By developing your flexibility and core strength through these kinds of practices, you may find that you’re able to do a lot more — a lot more comfortably — on an everyday basis.

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How To Change Your Life

Are you living in a way that allows you to chase the dream? Whatever that dream may be, you have to strive, work, and plan to make sure that your ambitions and goals become a reality. There is nothing wrong with this. Daydreaming could be a sport, and while there are lots of conventional methods to change your life, it might be your time to do something a little different.

You want changes that you make to your life to be meaningful, but you don’t have to do them all at once. For example, one of the main changes you might like to make in your life is to upgrade your car from the rickety one you currently drive to a lush sports car. You might use resources like Edmunds to help you to decide whether your dream car really is a dream, or whether your budget really can afford it. Either way, consider your end goal like a tree.

There is no road with rocks in the way to stop you getting where you need to go. There is just you at the base of the tree, and your goal at the top. To get to your goal you first have to plan (climbing the trunk) and then you have to find the right combination of branches to swing across to where your goal and end game will be. A branch may break but there are always more branches to grab onto. Here are some of the best ways you could upgrade your life now.

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  • Read more. You may not think that reading more is a way to change your life, but knowledge is power. Consuming different types of media, diving into books in the library, discovering what you truly are passionate about and going for it, can all be determined by the things that you read. When you read, you learn, you change.
  • Learn and overcome your mistakes. We do a lot of stupid stuff when we’re growing up. The things that you may have done 10 years ago don’t always reflect the person that you are right now. Own the mistakes you made growing up, learn to be at peace with them, learn to meditate and focus on those mistakes so you can let them go and move on. That’s a pretty powerful way to upgrade your thinking.
  • Take back your time. Instead of indulging in this hustle culture we all seem to be attracted to, learn to say no. If you want to be able to put in more effort with your time and be more productive, go for it. But if you recognise mentally and physically that your body needs to rest, just say no and learn to rest. This is a powerful way to upgrade your life, because you’re taking ownership of who you are and you are letting the world know that you are finally standing up for yourself.
  • Chase your dream job. Right now you might be in a low-level position (or even a high-level position) but it may not be your dream job. This could be the job that you’re doing to help you to pay for all the things that will help you to capture your dream. Never say to yourself that you cannot do something, because if not now, when?
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Dating can be just for fun!

singleOne of my aunts posted this in her Facebook timeline a few hours ago. It says that if you can’t find true love, be a single for life in peace. And I totally agree! If there is really no one destined to be with me until I grow old, then, it is totally okay. I am at peace with being single for the rest of my life.

But that does not mean I will limit myself. I am still open to meeting other people. I am open to try video dating for fun because why not? Right? Being at peace with singlehood does not mean we single ladies are against dating. Meeting single men is fun. A date may not end up to be your special someone but the date can become a friend. The date can become a start of a network of people you can tap when you need a sale for your work or business. Am I right?

There was a time when I was still in my early 30’s when a co-worker kept asking me for dinner or to watch a movie. I kept saying no because that was the time when I decided that being a wife and mother is not for me. I thought that if I went on a date with the co-worker it would open up marriage again for me when it could have been just two co-workers enjoying each others’ company.

womanI think society’s dictating to us that when we date, it would naturally develop into a relationship. It should, for some. When we’re young, we get pressured by people around us to date seriously, to consider each date to be a potential life partner, the one. I personally witnessed two broken families because the man and the woman just got pressured by their parents to get married when they were really doubting their relationship already. One marriage got dissolved because the husband was having an affair. The other marriage got dissolved because the man got addicted to gambling, loving his time with friends than with his wife and kids. Dating with pressure from everyone around them to turn it into a long-term relationship when they should have chosen to get to know each other very well first.

As we grow older, most of us know better now. Dating can be just for fun! Meeting people, having a drink or two, maybe a meal to go with that or a movie, and a few laughs. Too bad if it’s a bad date. That one can still be a great source of story to tell the young ones in the future. Nothing to be wasted really. Date and just chill! Don’t let others pressure you into going into a relationship no matter how much you like your date.

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A new avenue of work.

The virus that hit the world brought so much sadness and misfortune to a majority of the people affected by it. But there are those who found their calling and hit the jackpot in this pandemic we are all in. One of those people is studioa friend of mine. She lost her job middle of last year. She was devastated when the company she was working for the past couple of years closed shop. Bankruptcy. She immediately looked for a new job but since a lot of people lost their jobs, too, competition was really stiff. After a month of job hunting, she was forced to accept the fact that a new source of income was needed.

She started baking cakes for birthdays. Cupcakes and pastries, too. She, also, started an arts and crafts studio, heated floors for winter, where she wraps gifts beautifully for others. It was the start of her online shop which now includes seasonal decors as well as distressed tables and chairs. She recently joined Etsy where she sells majority of her products and services. Income is not as steady as when she has a nine to five job but it’s more than enough to cover her bills and then some.

More than a decade ago, I found myself in a dilemma. I wanted to concentrate on my online work but I was afraid of letting go of my job. I was earning so much online but I think being an employee, earning every 15th and end of the month, is easier than to risk it and focus on going freelance. It took me a year before I finally decided to go freelance and concentrate on online work. It was scary in the beginning but when income started pouring in steadily, I gained confidence in my decision. I stayed freelance for about a decade before I decided to go back to the corporate world.

I think that each of us has this survival instinct embedded in our psyche. When we are thrust into a difficult situation our instincts will naturally kick in. We find ways in order to survive just like what happened to my friend. Especially if there are love ones who rely on us, we’d be quicker to find a new avenue of work in order to replace the one that we lost.

In my case, when I felt that online work was not giving me the same amount of income as when I started, I slowly disengaged from it. I picked up where I left off in my corporate life and, luckily for me, it was not as hard as I thought it would be.

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On mental health and fun times at home.

This pandemic is taking a toll on our mental health. You may not notice it because you may be working the same number of hours, doing household chores like before. The restlessness, the feeling of being stuck in a rut, the cabin fever… it’s all there and we’re pushing it to the side so we don’t deal with it right now. But what we don’t know is that those negative emotions are attacking us from the inside. We don’t want to find ourselves struggling mentally, emotionally, psychologically, in the brink of a breakdown. Right?

We can take care of our mental health through simple activities. Did you know that a simple competitive game at home, enjoyed by members of the family, can have a huge impact on our mental well-being? Physical or virtual ones, it doesn’t really matter as long as we are playing with family members. And as long as we are enjoying ourselves! It will lessen anxiety and stress. And I am speaking from experience here.

Let me share here two games that we play at home: one game is for the older ones while the other is for kids and the not-so-young at hearts.

Solitaire

Solitaire

Obviously, this card game is for the older ones in the family. Solitaire. I believe most of us know what this game is. Right? You can choose to use physical cards or, like us at home, we love playing online. Seven cards will be dealt to you and from there you will complete the line up of each type of cards in a deck, regardless of color. All four suits (clubs, hearts, spades, diamonds) should be lined up in one column from King to 2. Aces should be lined up on top of the tableau where each card type will go from 2 to King this time.

It’s fairly easy to play, believe me. It’s actually a no-brainer considering all you will do is line up the cards and deal. If you really just want to pass the time, relaxing, just having fun, this Solitaire card game is for you. Take turns playing it. What my sisters and I do when we play is that we take turns, listing down scores of each one. We do three rounds. Whoever scores the highest is the winner. The loser always have to do a household chore that nobody wants to do.

I should warn you, though, that Solitaire is so much fun to play that it is addictive! I can play this all day long all by myself. And it is what I usually do when I don’t feel like tackling any chore or work task.

Another fun game that I want to learn is mahjong. The older members of the family, uncles and aunts, are experts on this game. I’d like to learn, too, so I can play with them.

at-homeAside from online games, another fun activity that you can do with the family at home, with or without any occasion, is videoke singing. Yes, the one where you will get a score in the end. We do this with the kids because they also know some songs and they are so happy when they beat the older ones.

Our mental well-being is very important. I speak from experience because I had a recent bout with depression. It really affected my over-all health. This pandemic is taking a toll on all of us, young and old, and we need to be able to find something, a tool, in order to fight the side effects of this situation we are all in.

Whatever makes you happy these days, take advantage of it!

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In tip-top shape

car-breakdownOne of the things that my father taught us was to always make sure our vehicles are in tip-top shape. Make sure it is functioning properly. The battery is good, parts are in good condition, the car itself is clean and ready to go when needed. Of there are services like Best Buy Auto Equipment‘s 2 post car lifts but my father believed that learning the basic in troubleshooting is best. What happens if you are in the middle of nowhere, your car broke down, and you can’t call for help?

In these times, it is always best to have a service like two post car lifts on standby. A car has become a necessity nowadays. Have you noticed that? I remember last year when this pandemic broke out and there was a nationwide lockdown by the government, people without cars found themselves struggling in commuting to different locations. We are lucky because we have two vehicles on standby. I remember seeing posts in social media asking for available car pool services. That was a tough time for everyone, I guess.

It’s a good thing that car companies have lowered the down payments and monthly amortizations to their offered vehicles. You can get basic sedans for even zero down payment now. My brother used to be a marketing professional in a leading automotive brand so I am updated on car offers.

Truth is that I can’t wait for this pandemic to be over. I already saved up to get our SUV tuned up. I have more than enough to pay for an auto lift. I will get it checked thoroughly. I will make sure that I will utilize that two post car lift and when I am sure that our SUV is in good shape, I will gather my siblings and nephews for a roadtrip!

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