How to Make 2019 Your Best Year of Retirement Yet

Create a fulfilling, happy and healthy year in retirement with these smart strategies.

By Maryalene LaPonsie, ContributorJan. 3, 2019
By Maryalene LaPonsie, ContributorJan. 3, 2019, at 11:03 a.m.
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Bookmark these savvy tips for a successful year.

Retirement can be an exciting time. "I think there is a lot of stuff people put on their bucket list," says Teri Dreher, a registered nurse, owner of NShore Patient Advocates LLC in Chicago and author of "Patient Advocacy Matters." However, retirees may not be able to check off those list-worthy pursuits if their finances or health begins to decline. And aside from achieving economic security, in order for the golden years to be a happy and fulfilling time for retirees, maintaining relationships and hobbies, among other non-financial steps, is crucial. With that in mind, here are 10 tips to help you sidestep common pitfalls and achieve the retirement you've always wanted in 2019.

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Tune out financial news.

The last few months have been rocky for investors, but retirees should ignore the headlines, says Oscar Vives Ortiz, a wealth strategist with advisory firm PNC Wealth Management in Tampa, Florida. "A lot of people focus on the numbers published by the media," he says. But those numbers don't reflect individual assets and retirement strategies. Rather than panicking over the recent market volatility, review your investments to make sure the level of risk is appropriate for your goals and stage of life. If you need to make changes to your portfolio, avoid making impulsive decisions based on the day's news.

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Maryalene LaPonsie, Contributor

Maryalene LaPonsie has been writing for U.S. News & World Report since 2015 and covers topics i...  Read moreMaryalene LaPonsie has been writing for U.S. News & World Report since 2015 and covers topics including retirement, personal finance and Social Security. Ms. LaPonsie is also a regular contributor to Money Talks News and co-founder of Lowell’s First Look, a micro-news site for her local community.

With more than a decade of reporting experience, Ms. LaPonsie’s work has been featured on MSN, CBS MoneyWatch, Yahoo Finance, NerdWallet and numerous other sites on the web. She has been a guest of Consumer Talk with Michael Finney and The Steve Pomeranz Show.

A native of Michigan, Ms. LaPonsie received her bachelor’s degree from Western Michigan University. You can follow her on Twitter or connect with her on LinkedIn.

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