Skip to content

What not to do in retirement

We explore five things you should avoid during retirement.

Retirement can be a time of immense freedom and opportunity, but it’s important to remember that it’s also a major life transition. While it’s important to focus on what you want to do during retirement, it’s equally important to be aware of what you shouldn’t do.

Here are a few things to avoid when you retire[1]:

  1. Don’t overspend: It’s important to remember your financial situation during retirement. While you may have more free time and fewer financial obligations, it’s still important to budget and plan for the future.
  2. Don’t isolate yourself: Retirement can often lead to reduced social interaction, which can be detrimental to both physical and mental health. Staying connected with friends, family, and the community is essential.
  3. Don’t stop learning: Retirement provides an excellent opportunity to pursue new interests and learn new skills. By staying intellectually engaged, you can keep your mind sharp and continue to grow.
  4. Don’t neglect your health: While retirement can provide more free time for exercise and healthy habits, it’s important to continue to prioritise your physical and mental health.
  5. Don’t lose your sense of purpose: Retirement can often lead to a loss of identity and purpose. It’s important to continue setting goals and pursuing meaningful activities to maintain a sense of purpose and fulfilment.

By avoiding these common mistakes, you can make the most of your retirement and lead a happy and fulfilling life.


Aquinance Pty Ltd is a Corporate Authorised Representative of Lifespan Financial Planning Pty Ltd (AFSL 229892). The purpose of this website is to provide general information only and the contents of this website do not purport to provide personal financial advice. Lifespan strongly recommends that investors consult a financial adviser prior to making any investment decision. The contents of the Lifespan website does not take into account the investment objectives, financial situation or particular needs of any person and should not be used as the basis for making any financial or other decisions. The information is selective and may not be complete or accurate for your particular purposes and should not be construed as a recommendation to invest in any particular product, investment or security. The information provided on this website is given in good faith and is believed to be accurate at the time of compilation.