Let’s face it: senior citizens in America have to be strong willed to overcome false beliefs about money, aging and health and just about everything else. Ageism is real. We must cultivate a mindset to make sure our priorities are aligned with our highest selves.
Here are some mindset shifts to help us live our best lives:
Focus on What You Can Control: Encourage a mindset within yourself of focusing on actions that can be controlled, such as budgeting, cutting unnecessary expenses, and exploring additional income sources like part-time work or hobbies that can be monetized. Dean Holland’s Affiliate System is one choice where support, accountability and mentoring is available.
2. Stay Informed: Knowledge is power. Encourage staying informed about financial options, government programs, and benefits available for senior citizens, such as Social Security, Medicare, and senior discounts.
3. Cultivate Gratitude: As said often on my blog, shifting focus to what one has, rather than what one lacks, can significantly improve mental well-being. Encourage the practice of daily gratitude to foster a positive outlook. Gratitude is best felt in the present moment. Breathing consciously sets the tone for your day.
4. Embrace Simplicity: Encourage a mindset that finds joy and satisfaction in simpler pleasures, which can reduce the need for excessive spending and help stretch limited resources.
5. Stay Socially Connected: Encourage maintaining social connections, which can provide emotional support, reduce stress, and even open up opportunities for shared resources or helpful advice.
6. Set Realistic Goals: Help set achievable financial goals. This can provide a sense of purpose and direction, making financial management more manageable and less overwhelming.
7. Seek Professional Advice: Encourage consulting with financial advisors or counselors who specialize in retirement planning. They can offer personalized advice and strategies tailored to individual circumstances.
8. Practice Mindfulness: Encourage practices like meditation or mindfulness to help manage stress and anxiety related to financial concerns.
9. Stay Active and Engaged: Encourage staying physically and mentally active. Engaging in hobbies, volunteer work, or part-time jobs can provide a sense of purpose and potential additional income.
10. Adopt a Growth Mindset: Encourage the belief that it’s never too late to learn and adapt. Whether it’s learning about personal finance, new technologies, or exploring new hobbies, or starting an internet business, a growth mindset can lead to new opportunities and improved well-being.
By combining these mindset shifts with practical financial strategies, we can navigate financial insecurity with more confidence and resilience.
Meet Kate And Dean Holland
Here Is Today’s Podcast:
Hi Kate,
It is so important to stay informed and updated on what’s going on in the world, especially today because of how things are now. The older I get the more I feel like I will have less security for myself with retirement and all. It’s important to plan now and look at all your options that are available to you. Great post and a lot of good advice. Thank you!
Meredith
Hi Meredith, Thanks for stopping by! You are spot on! We must be creative in our retirement planning.
Kate, you’re absolutely right these 10 things are so important going forward. Unfortunately, so many people don’t change their mindset yet expect life to be different or better. I have to say my favourite is number 10 which is adopting a growth mindset. I see this every day with friends, family and colleagues and how they are unhappy. They have problems and issues which they don’t address or fix because they believe it can’t be. Just by changing the way you think and say ‘how can I ‘rather than ‘I can’t’, opens up so many opportunities. Great blog as always. Well done. Thanks, Atif
Mindset is important, not just on our journey but in life.
People with fixed mindset’s need to be guided to your blog and they will be amazed with what they can achieve. I often hear my daughter say ‘I can’t do it’ normally around homework time. I always correct her with ‘ you can’t do it…..yet’
I always find it funny when I hear people say similar things like ‘ we’re rubbish at…… in our family, we’ve not got the genes’
We are never to old to learn!
I get a lot of value from your blog posts. Thank you for sharing
The limitations only we place on ourselves is endless. But it’s a revelation to me how much a person can change. The best place to start is going deep with all the endless false beliefs. Seemingly endless but like peeling the skin of an onion, the excavation pays off.
Thoughts of limitation are a real drag, if unquestioned. Liberating when we let them go.
In my daily job, I mostly work with retired people, and I would agree that # 5 staying socially active is so important – loneliness seems to be one of the biggest problems with retirees.
Depression is an epidemic with elderly folks. Again, consciously changing mindset could be the remedy.
Hello Kate, this was one of the best blog reads of the day. Your blog message to your blog audience was as they say in baseball a grand slam i.e. a bases loaded home run. The score is 4-0 Kate you delivered a ton of value. I’m sure that your avatar audience who reads your blog content like me will be hooked. You have connected the dots with your audience stay on point and you will reach your goals and then some. I’m giving this post and blog a five-star review!
OMG I am so happy to read your critique! Much appreciated!
Yes Kate, 10 good points for us oldies to keep in mind as we struggle our way through this difficult last stage of our lives. It would make things a lot easier if we knew how long this last stage was going to be. The paradox is, that while we all hope for a long, happy, and fruitful life, the more difficult it becomes to finance it ourselves. This is where the Affiliate System could come to the rescue. If Dean’s dreams about A.S. come to fruition and we are the first to promote the system to the “outside world”, the recurring commissions that we could generate have the potential to see us through, and then continue to help our descendants. The problem with traditional schemes that offer recurring income, is that people who join up and pay often only last a few months before they leave. However, a new user of A.S. is likely to stay on and pay for a lifetime. That is my hope, anyway.
Cheers
Phil
Excellent points, Phil. I was able to incorporate what you wrote into my next blog post!
I am a great believer in mindset. It is something my dear dad started talking to me about many years ago and it has stayed with me ever since.
I love all of the 10 that you list and each has wonderful benefits but my two favourites would be number 3 Cultivating Gratitude and number 10 Adopting a Growth Mindset.
Thanks so much for the great value Kate!
😊
I wish you a wonderful upcoming week
Gratitude can be practiced throughout the day whenever taking an hourly break from our work. For instance, in a mindset of appreciation for the potential for what affiliate marketing with Dean will bring us, imagine that future is NOW. AHA!! Another blog post in the making!