Enable Accessibility
×
Close
Personal Online Banking
All personal banking clients, please enter your online credentials here:
e‑Treasury Business Banking
Log in
Safeguarding your online banking sessions is our top priority. For information about how you can help protect your online banking sessions, or if you need additional assistance with your e-Treasury log-in, please contact Client Support at [email protected] or 855.274.2800.

Download our e-Treasury Secure Browser

Business Online Banking
If you need assistance, please contact Client Services at [email protected] or 855.274.2800.
e‑Treasury
Log in
Safeguarding your online banking sessions is our top priority. For information about how you can help protect your online banking sessions, or if you need additional assistance with your e-Treasury log-in, please contact TM Service at [email protected] or 212.575.8020.


Download our e-Treasury Secure Browser

Download the Sterling e-Treasury Token Client


Business Online Banking
If you need assistance, please contact Client Services at [email protected] or 855.274.2800

For optimal viewing experience, please use a supported browser such as Chrome or Edge

Download Edge Download Chrome

How to plan for a healthy retirement

Published on January 31, 2024 | LPL Financial

Planning for retirement often involves focusing on your finances and ensuring that you not only will have enough to sustain you during your retirement but adequate funds to do the things you enjoy doing. While this strategy is a crucial part of retirement, it is not the only thing to consider as you near your desired retirement age. You also need to start focusing on how to ensure your retirement is healthy and financially stable. Below are a few ways to prepare for a healthy retirement that will allow you to enjoy the results of all your hard work throughout the years.

1. Plan for a New Purpose

In the years leading up to retirement, you are likely to focus on saving and budgeting to have the funds you need when the time comes. What about after you retire, when your purpose is no longer about saving for retirement? Having goals or a new sense of purpose is a key factor in longevity and enjoying these years. It’s OK to start thinking of this new direction once you finally retire so you can plan for what you will need when the time comes.1

2. Develop Healthy Habits

Another key to staying well in retirement is maintaining healthy habits. Without the need to go to work every morning or care for other family members, you may find yourself slacking off on exercise and healthy eating. Start implementing the healthy habits you will need in retirement so that when you do retire, they will seem part of your daily habits. Start planning balanced meals if you don’t have the healthiest eating habits. If exercise is not a priority, start with small routines, such as daily walks.2

3. Expand Your Social Circle

Loneliness in retirement is common, especially when you retire younger than your peers. Having a good social circle and opportunities for social interaction when you retire will not only help your mental health but your physical health as well. Don’t push off developing this social circle until you retire. Find people and groups who are currently retired or will be soon and who share common interests with you so that your social network will be in place when your retirement arrives.1

4. Plan for Health, Not Just Wealth

Planning for wealth when you retire is crucial, but planning for health issues and expenses is equally vital. Healthcare costs in retirement may quickly dwindle your savings, and failing to stay on top of your health issues may lead to a less-than-happy and healthy retirement. Make sure you have the proper insurance and funds in place so that you will be able to stay on top of your health and any potential medical issues.2

Follow the tips above to help ensure that your retirement is not only financially secure but also a healthy and happy one.

Important Disclosures:

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.

All information is believed to be from reliable sources; however, LPL Financial makes no representation as to its completeness or accuracy.

This article was prepared by WriterAccess.

LPL Tracking #516245-05

Footnotes:

1 98 Tips for a Healthy, Wealthy, and Happy Retirement!, New Retirement
2 Ways to Stay Healthy in Retirement, WebMD

Sources

https://www.newretirement.com/retirement/retirement-tips-healthy-wealthy-happy-retirement/

https://www.webmd.com/healthy-aging/ss/slideshow-healthy-retirement

Related Resources

Webster InvestmentsArticles
An Annuity Can Help Restore Your Confidence in Retirement
Sometimes we forget just how fragile a nest egg can be. When the economy tanked in 2008, retirees watched in horror as U.S. markets suffered historic losses. The Dow declined by more than 50%, its biggest drop since the Great Depression of 1929. The oldest Baby Boomers, who were closing in on retirement age just […]
Webster InvestmentsArticles
Choosing a 529 Plan
Introduction Choosing a 529 plan means first deciding whether a college savings plan or a prepaid tuition plan appeals to you. If you decide on a prepaid tuition plan, you’re generally limited to the plan offered by your state. But if you choose a college savings plan, you’ll need to decide on the specific plan […]
Webster InvestmentsArticles
The Changing Face: Dual Income Families
The concept of the “traditional” American family is continually changing. The dual income family—with both spouses maintaining separate careers and contributing to the financial success of the household—has now become commonplace. The economic challenges and opportunities of this century may often require two incomes to meet overall family expenses. Many families ask themselves, “How will […]
Connect With Us
Learn more about Webster products, services and the communities we serve.
We’d love your feedback
×