ball game. Consider many business ideas
for the side hustle before settling on one.
Evaluate the viability of the business
ideas by confirming that a ready market
exists for its products or services, required
finance is available to take it off the
ground, and one possess the pre-requisite
management capability for running the
side hustle.
New entrants into business have burnt
their fingers by venturing into businesses
they had little or no knowledge about.
Others have employed close relatives
to run the enterprises but failed to put
in place necessary control mechanisms.
The worst hit on business failure opened
under-capitalized businesses that took off
but closed soon after.
Proper planning backed with adequate
resources will enable you start viable
side hustles with potential for growth.
Take your time to understudy the nature
of business you want to begin before
committing resources into the venture.
The running of a side hustle will become
not only a new occupation in retirement
but also a source of income.
Healthy Lifestyle
The old adage: “health is wealth” has
stood the test of time. Good health can
enable you engage in daily activities that
include working to earn a living. But it is
a pity that people do not take care of their
health. Eat a balanced diet and engage in
regular physical exercises, both of which
are basics for living a healthy lifestyle.
The saying: “you become what you eat” is
out rightly ignored until people develop
medical conditions such as obesity and
hypertension. The decisions one makes
now on better nutrition will have an
impact on their health in retirement. Aim
at meal plans that qualify as balanced diets
for both your nourishment and protection
from avoidable lifestyle disease such as
diabetes.
Physical exercises are beneficial for
keeping one’s body healthy. They burn
excess calories whose accumulation would
cause obesity. The exercises promote blood
circulation in the body to keep away
cardiovascular diseases. Yet people find
plausible excuses to avoid even simple
physical exercises such as brisk walks.
Keep the excuses at bay and make it a habit
to regularly undertake physical exercises
for body fitness. Sustain the keeping fit
habit into retirement for the sake of your
physical wellness and longevity.
Family Relationships
The family is an important institution
whose members are expected to foster
good relationships between each other
and among themselves. Healthy family
relationships play a key role in managing
life issues that may not be handled singly.
It is, therefore, crucial to maintain high
quality family relationships while working
and during retirement.
People who live in a stable family are able to
weather both internal and external storms
of life. But those from problematic families
are unable to obtain the family’s support
in times of need. Family relationships
nurtured during employment time would
facilitate one’s seamless transition into
retirement. Poor relationships today are
bound to be carried forward and cause
psycho-social adjustments in retirement a
real nightmare.
Friends and Community
Members
Social wellness dictates that you build
good relationships both at work and
outside, particularly in your community.
Some friends made during working years
may be available to lean on at different
times. They can become a sounding
board when grabbling with retirement
issues some of which cannot be readily
addressed. Maintain friendly relationships
with people because you may in future
need each other outside the workplace.
Community members play a key role in
shaping the socio-economic activities of
a particular geographical location. They
are a good source of ideas on addressing
communal issues. Participate in current
and future collective community activities
to contribute towards societal well-being.
Continual engagement in community
development matters would pave your way
into any desired future leadership roles.
Eventually, taking up the roles would
enable you to both give back to society
and make you productively occupied in
retirement.
Samson Osero is an Independent
Human Resource Development
Consultant and Author of the book
‘Transition Into Retirement’. You
can commune with him on this
or related matters via email at:
[email protected].