Jodi Perez and Jeannie Holliday were named to the 2024 edition of the Forbes list of Best-in-State Top Women Wealth Advisors

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Retirement can be an exciting time in your life, but it can also be a difficult adjustment. You may find yourself without the structure and routine of work, or begin to feel uncertain about your plans for retirement. 

Low self-esteem is common after you retire and can take away from feeling satisfied with this new chapter in life. 

Here are our top 5 tips to help boost your self-esteem when you retire: 

  1. Create Structure and Goals in Retirement – Establishing a routine and structure in retirement helps create a sense of purpose and fulfillment, which will lead to increased self-esteem. Having goals that drive you can also make you feel more accomplished each day, rather than feeling adrift without the prior structure of work. 
  2. Take Up New Hobbies – Retirement is a great opportunity to take up new hobbies and activities that you may not have had the time for while working. Find things that interest you and make you feel fulfilled, like learning a new language or volunteering with organizations in your local community. This will give you a sense of accomplishment and purpose, both of which will help increase your self-esteem. 
  3. Spend Time with Positive People- Negative people can bring down your mood and make you feel bad about yourself, which is why it’s important to surround yourself with positive people during retirement. This could mean spending time with friends or family who are supportive of your goals and ambitions, or joining activities that involve other retirees who are in the same boat as you. 
  4. Exercise to Increase Self-Worth- Research has found that regular exercise can help boost your self-esteem and create an overall feeling of satisfaction with yourself. Whether it’s taking a class at the gym or going for walks around your neighborhood, exercise is a great way to increase your self-esteem during retirement. 
  5. Talk to a Financial Advisor- Retirement can be an uncertain time financially, which is why it’s important to talk to a financial advisor about your plans for the future. They can help you plan for unexpected expenses and make sure that you have enough money saved to live comfortably during retirement. Having this financial stability will help boost your self-esteem and give you peace of mind during this time. 

Retirement can be an exciting opportunity to try new things and create a life that is meaningful to you. By following these tips, you can increase your self-esteem and enjoy the next chapter in life with confidence. Don’t forget to also talk to a financial advisor for advice on managing your finances during retirement for added peace of mind. 

Above all, remember that you are capable and resilient enough to make the most of retirement – whatever that looks like for you! 

Work with us

Our experienced financial advisors at Independent Financial Services hold numerous designations and accreditations. We pride ourselves in serving clients with devoted guidance and individualized service. We are well-versed in handling your financial needs through every phase of life. 

Contact us to learn more about our retirement planning services!