Retirement is a superb time to be grateful and to observe gratitude
Be grateful and practice gratitude as you near retirement: it will also improve your health, happiness, and finances
The holidays are the time when we come together to thank and celebrate. It can also be a stressful time full of demands to cook, decorate, and spend money. Sometimes the pressures crowd out the fun, so we need to take time to be thankful and show gratitude for our blessings. And it turns out that gratitude can be hugely beneficial to your health, happiness, and even financial well-being.
The good news? Research has shown that gratitude and other positive emotions are more likely to be felt as people age. Could this explain why we feel happier when we retire?
Thanksgiving rituals around the world are ancient and everyone celebrates our resilience and joy as we overcome life’s obstacles. Science is now showing us why it is so good for us to be grateful and to be grateful.
The fact that our ability to feel grateful increases as we age is good news because gratitude actually improves your overall health and wellbeing.
Dr. Glenn Fox, director of program design, strategy, and public relations at the USC Performance Science Institute, has conducted extensive research into gratitude and your health. He found that higher levels of gratitude in general predict that someone will:
- Less anxiety and depression
- More optimism
- More social connection
- Less hassle
- Better sleep patterns
- Low blood pressure
Dr. Fox’s research has shown that gratitude actually rewires your brain to reduce the negative health effects of bad news and improve the health effects associated with good news.
Researchers from Northeastern University, the University of California, Riverside, and Harvard Kennedy School conducted a study that found that “feelings of gratitude automatically decrease financial impatience.”
The effects of the finding are enormous. “Showing that emotions can promote self-control and finding a way to reduce impatience with a simple gratitude exercise opens up tremendous opportunities to reduce a wide range of societal illnesses, from impulse buying and insufficient saving to obesity and smoking “Said Assistant Professor Ye Li from the University of California at the Riverside School of Business Administration.
How does an act of gratitude cause us to save our money and delay instant gratification? The researchers suggest that this may be because gratitude provides the fulfillment we would otherwise seek from bad behaviors like “retail therapy.” They also speculate that gratitude makes us feel like we have to “pay back” in the future.
In two studies conducted by researchers from the University of Illinois at Chicago, the University of Minnesota and the University of Illinois at Urbana-Champaign found that children and teenagers with a grateful attitude were less materialistic and keeping a gratitude journal was materialism significantly reduced.
As the old saying goes, it’s not about being rich, it’s about having few needs. Gratitude and gratitude can help us be happier in life (and in retirement) by making us happier where we are and less stressed about achieving material prosperity for its own sake.
Making gratitude and gratitude a practice has been shown to be beneficial in terms of health. But it also has benefits that come from building a positive mindset, even in the face of adversity.
Many people think Sheryl Sandberg is one of the most accomplished people alive today. As Chief Operating Officer at Facebook – one of the largest companies in the world – she oversaw a success story of the 21st century. But when she told the graduating class at the University of California at Berkeley in 2016, she didn’t know how to move on after her husband’s sudden, unexpected death.
It was only after her psychologist friend Adam Grant advised her to focus on how grateful to be for her other blessings that she realized that “the seeds of resilience are being planted in the way we do them deal with negative events in our life ”. Sandberg said to Berkeley alumni that day, “Finding gratitude and appreciation is the key to resilience. People who take the time to list things they are grateful for are happier and healthier. It turns out that counting your blessings can actually increase your blessings. “
Convinced you want to be more grateful? There are proven ways to increase gratitude in your life. Here are four easy ways to get started right away.
Your mom probably encouraged you to write thank you notes. It turns out there is a good reason for this. Not only does gratitude feel good, but it can also increase your own happiness.
Saying thank you is great. But you can reap the powerful effects of gratitude even if you don’t share your feelings with anyone. Sheryl Sandberg writes down three “moments of joy” before going to bed each night, and she says the practice has changed her life.
Take a moment to think about someone and why you are grateful to them. Some people equate this expression of gratitude with meditation or prayer.
Some people take time each day to write in a gratitude journal. Whether you are writing your thoughts in a notebook or on a piece of paper, it is important that you take the time to document your thoughts.
As many studies have shown, keeping a gratitude journal can help you focus on wellness and distract you from bad physical and emotional habits.
In the “Gratitude Challenge,” usually observed on Facebook, participants are asked to post a thank you letter for 21 days. Users reported that the challenge helped them notice more beauty and feel more optimistic.
Aside from things that you are personally grateful for, here are some retirement concepts that might deserve your gratitude.
Let’s face it, not everyone makes it to retirement age. Medical advances, improved food supplies, and more have enabled more of us to live long, healthy, and happy lives.
We should also be grateful that medical science is so advanced that it has (so far) discovered two viable vaccines against the virus that is causing the global pandemic in less than a year.
Most of us have not saved enough for a financially secure retirement. However, that doesn’t mean we don’t have options.
If you work a little longer, compromise your budget, and use home equity, these are just a few of your options to ensure you have the retirement you want.
When you have retirement assets invested in the financial markets, you have a real reason to say thank you. U.S. markets are higher than ever – even after their hair-raising dive in March 2020.
If you didn’t panic selling your shares, you have reason to be grateful. And if you got really lucky and bought stocks in March, you have even more reason to say thank you.
It is important to note, however, that volatility in the markets (and in life) has not been fully defeated. Another shock could be around the corner. As someone in (or about to) retire, be careful and circumspect about your exposure to the financial markets.
Inflation can really undermine retirees’ purchasing power. For example, if you have $ 100, there is a certain amount you can buy today. However, if the cost of goods and services increased by 5% (an inflation rate of 5%), you could only buy 95% of what you could originally buy.
Low inflation is always something to feel grateful for (especially in retirement)! The average inflation rate over the past decade has been 1.8%, and many economists believe that US inflation will be around 2% for the foreseeable future.
Despite a decline in sales earlier in the year, these key programs are still in place, and the future presidential administration has signaled that topping up the finances of these two key programs is high on their priority list.
Not sure how to afford retirement? The good news is that retirement calculators keep getting better.
The NewRetirement Retirement Planning Calculator is a great way to try out different scenarios and play with your options to find ways in which to make retirement a viable and safe option.
Regardless of your financial situation, now is the time to make the most of your life. Study after study has shown that being in control of your time brings more happiness than money. Are you looking for ideas on how to spend this time? Here are 41 tips for happiness, health, and wealth in retirement.