Retirement Is About Experiences, Not Purchases
Retirement gives us something incredibly rare: time. Time to reconnect with what matters, explore new passions, and create moments that stay with us. But when it comes to how we use that time - and money - it’s easy to default to things we can buy.
Here’s another way to think about it: How can you build your retirement “wishlist” around experiences rather than purchases? This can help turn your retirement into a time of becoming more connected, more fulfilled, and more you.
It's About the Feeling, Not the Price Tag
The moments that linger in your memory are usually the ones that made you feel something. For example:
- Taking a cooking class with your spouse.
- Hosting a family game night that becomes a tradition.
- Teaching your grandchild how to fish, knit, or bake.
Use Milestones to Create Memories
You don’t need a special occasion to create a memory, but tying experiences to milestones can make them even more powerful. Think about:
- Marking your retirement with a road trip to places you've always wanted to see.
- Celebrating an anniversary with a surprise weekend getaway.
- Taking a grandchild to a sporting event or concert on a big birthday.
Spend With Intention, Not Impulse
Some of the most meaningful experiences come from thoughtful, rather than expensive, choices:
- Upgrade your Saturday mornings - sign up for a class, take up hiking, or learn to paint.
- Gift yourself a weekend retreat or a solo day exploring a nearby town.
- Dedicate yourself to learning a new craft like photography or piano.
Make Space for Reflection
Experiences don’t always need to be big or bold. Sometimes, the richest moments happen in stillness. Take the scenic route. Start a journal. Share your stories with someone younger. Or just sit with a good cup of coffee and appreciate the journey so far. Leave room for presence. That’s where the magic often lives.
Create Traditions
Experiences can grow. What starts as a one-time idea can turn into a cherished tradition. Maybe it’s a yearly family camping trip. Or a weekly lunch date with old friends. These aren’t just things you do, they’re things that connect you.
Retirement isn’t about what you can buy - it’s about what you can live. This is your time. Time to dream. Time to explore. Time to invest in the moments that matter most. Because the most valuable things you can collect in retirement aren’t things at all - they’re the experiences that make you feel fully alive.
Material prepared by Oechsli a third party non-affiliated with Raymond James.
Any opinions are those of Steven Bayardelle or The Wang Group and not necessarily those of RJA or Raymond The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. The information has been obtained from sources considered to be reliable, but Raymond James does not guarantee that the foregoing material is accurate or complete. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Investing involves risk and you may incur a profit or loss regardless of strategy selected. You should discuss any tax or legal matters with the appropriate professional.
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The examples referenced herein are hypothetical and are not intended as investment advice. Please consult with your financial advisor if you have questions about these examples and how they relate to your own financial situation.
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