Psychology of money

Health and Wellness Retreats: Allocate funds for health and wellness retreats and retreat experiences that promote relaxation, rejuvenation, and self-care in retirement. Consider attending wellness retreats, spa vacations, meditation retreats, yoga retreats, or holistic healing retreats to nurture your physical, mental, and emotional well-being. Budget for retreat fees, accommodations, meals, activities, treatments, and other expenses related to participating in health and wellness retreats. Plan for these expenses in your retirement budget to invest in your health, happiness, and overall vitality in retirement.

By considering these additional factors when estimating your retirement expenses, you can develop a comprehensive retirement budget and financial plan that addresses your unique needs, goals, and priorities. Regularly review and update your retirement expense estimates as circumstances change, and consult with financial professionals as needed to ensure that your retirement plan remains on track for success.