3 key lessons that will help you make the most of your retirement

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3 key lessons that will help you make the most of your retirement
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Change can allow you to focus on the most important things in your golden years

When people think of retiring, they may think of all the new things they’ll be able to do with their newfound free time. However, the change in routine isn’t always so easy to adjust to.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

Here are three key areas to pay attention to in your new stage of life. Internalizing these lessons will allow you to have a more financially and emotionally fulfilling retirement.If you really believe that he or she who dies with the most toys wins, then maybe you haven’t thought much about whether that comes with an eternal storage locker.Article content

The fact is that excess stuff will only weigh you down, especially if you want to travel or spend more time tending to your relationships . Retirement marks an ideal time to take inventory. Just how many trinkets have you accumulated? Do you really need them? In most cases, probably not. What keeps you from parting with them — logistics, emotions or some combination?

Taking the first step to thin the herd of excess possessions, especially collectibles and big-ticket items, can also add to bottom-line retirement savings. Once you have more cash in hand you can put it to work by investing it withRetiring means a welcome end to overachieving and borrowed identity. We are not our work selves, and getting back eight hours a day leaves many folks surprisingly stumped in terms of how to redeem it.

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