Before the pandemic, technology was something that, as a retiree, you could more or less choose to embrace. Today we all realize the important role that technology plays in keeping us together. It’s up to us to continue to embrace these tools, so we’ve put together some ways that you can use technology throughout your retirement.
Technology has helped to bridge some of the gaps that the coronavirus opened between us, our loved ones, and our communities. Thanks to video chat you’ve been able to check in on family across the country and participate in birthday parties and graduation celebrations. You’ve used streaming services to watch movies and listen to music. You’ve used online news services and social media to keep up on current events and important health care developments.
So, now that you’re a pro Zoomer and Netflix afficionado, you might be wondering, what’s next?
Here are three ways areas that developing technology could improve your retirement.
1. Monitor and Improve Your Health.
Fitness tracking has exploded beyond the Fitbit bracelets your kids and grandkids are wearing. Most smart phones have basic apps built in that keep track of how much you’re moving during the day. Dig a little deeper into those apps and you’ll find ways to track your diet, notifications that will nudge you off the couch or remind you take medication, and even exercise routines you can follow at home.
In order to maintain social distancing during Covid-19, many doctors are moving some of their services online. Video chat can be a safe and secure way for seniors to get non-emergency medical advice without having to go to a doctor’s office. These advances could also put more of your medical information online where it’s easier for you to access and share with other doctors and specialists.
2. Develop Hobbies and Pursue Higher Learning.
So many skilled professionals used their talents and expertise to help us learn and grow during Covid-19. Online videos and mini classes taught us to exercise, bake, draw, play an instrument, and learn new languages, all from the comfort of home.
If learning something new during Covid-19 has sparked an interest in continuing your education, keep going. It’s likely your local university or community college offers a wide variety of online classes. Many institutions also offer heavily discounted or even free tuition for seniors. There are also sites like Coursera or edX that let you choose between auditing classes or taking a more serious track towards college credit.
For something a little less regimented, there are also many online platforms that will help you develop hobbies and casual interests into real talents. Scroll past the silly stuff and YouTube can be a fantastic educational resource. Many content creators even structure their videos as sequential lessons designed to ramp up challenges as your skills increase. Your local gym, art studio, or country club might also have branched into online classes during the pandemic.
3. Manage your Finances and Balance your Books.
Getting comfortable with accessing your financial information online can be a little scary. But if you follow the same common sense you use when you banish fishy emails to your spam folder, you’ll be able to check in on your accounts with confidence and ease. You might also start moving more of your bill payments online. Automating can help ensure you’re making payments on time and sticking within your budget.
Speaking of budgets, one of the biggest adjustments that retirees face is transitioning from living off a regular paycheck to living off a fixed income. Retirement might be the first time in your life that you’ve had to set – and stick to – a strict monthly budget. Apps and online services can help you get started with budgeting and make adjustments as necessary. You can also use these apps to track progress towards some of your retirement goals. Watching the money you’ve earmarked for a dream vacation grow is going to keep you motivated to hit that goal and excited to plan with your spouse.
How Mission Wealth Can Help
Of course, there’s another important part of your financial planning that you can access online: your financial advisor. We’re always available for a video chat or to work through one of our retirement planning tools with you. Schedule a call and we can talk about how the tech skills you’ve developed during coronavirus can add some exciting new dimensions to your retirement. Let us guide you through your options and come up with a plan.