Crafting a home getaway for your retirement years can feel overwhelming at first. However, you now have plenty of time to make the changes you need, and most are pretty simple. From revamping the bathroom for a home spa to relaxing in an outdoor space, here are some ideas.
Find Your Perfect Relaxation Spot
One of the simplest but most satisfying ways to enjoy your free time is to designate a spot for personal relaxation.
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Your health starts to feel different when you pass 55. It might be the new notice of small things like your energy changing, your sleep patterns altering, or it might be how your body responds to stress. Things that once felt easy can take a little bit more effort now.
This stage of life also gives you an opportunity to take a more thoughtful approach.
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As you stand in your kitchen, with the phone on speaker and one hand leaning against the counter, while using the other hand to sort through a stack of documents (school papers, medical records, an old grocery receipt), someone you love is saying how wonderful it would be to be able to see each other all the time because you are located near each other.
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And yes, that’s the question here because it honestly does seem like this is an actual problem. But really, though, just trying to get better with money sounds like it should be the sensible thing, right? Like, finally. Time to budget properly, stop ignoring the bank account, learn about investing, basically doing some “spring cleaning” with finances, and maybe understand what retirement accounts are doing back there, all mysterious and mildly intimidating.
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Often, items of little monetary value have great emotional significance. This can make distribution difficult when more than one person feels attached to a particular item.
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Getting beneficiary designations right — and protecting a spouse’s inheritance rights in 401(k)s and IRAs — should be a top priority in an estate plan.
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