Retirement should be a celebratory event, but it can be a difficult transition for some. Some retirees aren’t sure how to fill their free time. Others struggle to find a purpose or meaning without the challenge that comes with a busy career. Many retirees fill the void by pursuing costly activities, like travel and expensive hobbies.

The good news is you can avoid these financial and emotional pitfalls by thinking about your priorities and how you would like to spend your free time in retirement. Identify the interests that get you most excited about retirement. What activities provide you with the most inspiration and enthusiasm?

Not sure what will be your inspiration in retirement? Below are a few common passions for retirees, along with tips on how you can pursue these passions in a way that also protects your financial stability:



Is your family the center of your universe? After finishing up a busy career, are you ready to focus your energy on your children and grandchildren? Do you want to reconnect with siblings, cousins, and other relatives?

Spending time with family is often a cost-effective way to enjoy your retirement. However, if your family is on the other side of the country, or the world, it could be expensive to visit them regularly. Consider how you can supplement travel with technology. Perhaps you could invest in a webcam so that you can have video calls and chats in between in-person visits.

It also may be important to you to help your family financially. You may want to contribute to your grandchildren’s education or distribute inheritances to your children while you’re still alive. If so, you may want to consult with a financial professional, so you can develop a gifting strategy that fits your budget and meets your needs.



Do you have a lifelong interest that you never got the chance to pursue? Perhaps art, golf, writing or some other skill? Retirement is a great time to take up that new hobby. In fact, your new interest could even help keep you in healthy mental and physical condition, reducing possible health care and long-term care costs in the future.

Your local college may offer low-cost adult education classes to help you get started. Or you may consider a part-time job in your favorite hobby. For instance, your local golf course may offer jobs working as a ranger or a starter on the course. Or if art is your passion, you might consider working or volunteering at a local gallery or museum. If you’re already a master in your area of interest, you could provide lessons to generate side income. Be creative and think of ways to enjoy your hobby in a cost-efficient way.



Travel is a top priority for many retirees. Whether you want to travel the world or only hit your favorite beach a few times a year, travel is a great way to enjoy your free time.

While travel can be a thrilling experience, it can also be expensive. It may be wise to write out your travel plans in advance of your retirement. What locations would you like to visit? How often would you like to travel? Do you want to stay in five-star hotels? Or can you go on a budget? What does your ideal vacation look like?

Once you have answers to those questions, you can estimate the cost of your travel plans and see how they fit into your budget. You may find that you either need to save more or scale back on your planned spending.

Also, be sure to look for low-cost travel opportunities. For example, churches and other nonprofit groups sometimes combine group travel with volunteer work. Or you may be able to pool together with other retired friends to enjoy a trip together.

Ready to develop your strategy to fund your dream retirement? Let’s talk about it. Contact us at Trinity Financial. We can help you identify your retirement inspiration and create your funding plan. Let’s connect and start the conversation.


Licensed Insurance Professional. This information is designed to provide a general overview with regard to the subject matter covered and is not state specific. The authors, publisher and host are not providing legal, accounting or specific advice for your situation. By providing your information, you give consent to be contacted about the possible sale of an insurance or annuity product. This information has been provided by a Licensed Insurance Professional and does not necessarily represent the views of the presenting insurance professional. The statements and opinions expressed are those of the author and are subject to change at any time. All information is believed to be from reliable sources; however, presenting insurance professional makes no representation as to its completeness or accuracy. This material has been prepared for informational and educational purposes only. It is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice.

Advisory Services offered through Change Path, LLC an Investment Advisor. Trinity Financial Group and Change Path, LLC are not affiliated.

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