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Youve gotten yourself in a position to do what you want and do it on your own terms.
But what does retirement look like for you?
Are you planning to travel?
Do you want to spend more time doing a hobby?
Are you going to work?
A recent Transamerica Center for Retirement Studiesreportanalyzed what middle-class retirees are planning to do in retirement.
Here are three of the topthings middle-class Americans are planning to do when they retire.
For some, travel has always been a passion.
However, for others, they could feel they have lost time to catch up on.
Whats even more surprising is that 5.5% reported not taking a single day off.
Most people fear falling behind at work, and for them, the vacation isnt worth it.
While we traveled a little, were going to use these years to do much more.
Spend Time With Friends and Family
During your working years, youre constantly interacting with your co-workers.
Youre talking about whats going on at work and home.
And these conversations have been proven to be beneficial for your health.
However, once you retire, its not uncommon for your socialization to decline.
Maybe you sleep in a little later or binge-watch a little too much Netflix.
Whatever the cause, youre no longer having as many of those meaningful conversations.
This could be why so many people plan to spend more time with their friends and family in retirement.
Volunteer or Work
Some people dont like the idea of being at home in retirement.
They enjoy going to work each day because it gives them a purpose.
Because of this, many retirees choose to volunteer or find a different job.
Usually, this is less on where their skills lie and more on what they enjoy.
I recently picked up a job working at Home Depot, Austin said.
Ive spent the past 40 years of my life going to my job and working toward a common goal.
After the first several months of retirement, I quickly missed this.
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