Hobbies to Pursue Once You Retire
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In this policy, the investment risk in the investment portfolio is borne by the policyholder.
Many people look forward to their golden years as it allows them to focus on their hobbies and interests. Instead of working long hours every day, they can put their time into developing new skills or even travelling the world. Let’s look at common hobbies people hope to pursue once they hang up their work boots.
Hobbies You Can Pursue Once You Retire
Sometimes, people who have worked for several years feel that they lose their purpose when they retire. Cultivating hobbies can help create a routine and sense of normalcy. Here are some hobbies you might want to consider:
You’re never too old to learn something new. You can register with an online learning portal and take courses to learn new skills. Online classes help keep your mind sharp and broaden your horizons. Some online platforms offer free lectures or subsidised rates for seniors.
Scheduling trips to your favourite destinations can seem tricky when you have limited leave days. Once you retire, you have all the time to see the world and explore new cities and countries.
Build a Blog
You can put your life experiences on a blog for the world to see. Building a blog requires time and effort. However, it is a fulfilling way to spend a few hours each day. Once you grow a following, you can monetise the blog to add to your retirement corpus.
Give Back to the Community
You can spend a few hours every week serving the community and volunteering. You can impart your professional skills in vocational courses for the economically disadvantaged or prepare meals for those with less. Find a way to volunteer that aligns with your skills and interests to enjoy fulfilment.
Fulfil Dreams from Your Youth
For years you might have wished you could play an instrument, master the art of pottery or knit woollen sweaters. Now’s the time to fulfil these dreams. Spend time developing these skills.
Planning Your Finances for a Happy Retired Life
All these hobbies come at a cost. Learning new skills, volunteering and travelling all require a significant time and money investment. You can pursue these hobbies and enjoy them by planning your finances with a Unit-Linked Insurance Plan (ULIP) like HDFC Life Sampoorn Nivesh. The policy provides ten fund options, enabling you to select the allocation that suits your financial goals and risk appetite. A ULIP cultivates a habit of saving and invests the money to help you meet your long-term financial goals. The plan also has a life coverage component, providing your loved ones with a financial safety net when they need it most.
While in the office, most people dream of retiring and enjoying life. By planning your finances with investments like ULIP, you can maintain your standard of living and pursue your favourite hobbies once you retire.
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The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year.
HDFC Life Sampoorn Nivesh (UIN No: 101L103V03) is a Unit Linked Non-Participating Life Insurance Plan. Life Insurance Coverage is available in this product.
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