A major factor affecting the amount of money needed in retirement is, of course, the lifestyle one chooses. Far too many people, particularly men, think of retirement as a time when they have finished working. But, retirement should really be looked upon as the beginning of a second career. Those who seem to be the most contented after retirement are those who continue to be physically and mentally active. One should look on this long period after work as an opportunity to do those things that were found to be the most interesting and enjoyable during your working life.
Retirement is also the perfect opportunity to let the fun begin.
We should have more freedom and time to enjoy life to the fullest. Retirement is often a time when people think about moving, for many reasons. Frequently, the children have already moved far away. Many look for cheaper places to live. The prospect of better weather is also very attractive.