Tax treatment depends on your circumstances and is subject to change
Pensions are crucial for a comfortable retirement, but they don’t always offer the best reading material. So, at this time of year, we like to turn our attention to something more festive – Christmas gift ideas for your retired loved ones.
Retirees already have the greatest gift anyone could possess; more time to do the things they enjoy. Undoubtedly, no Christmas present could replace that, but here are some ideas to inspire your present shopping this year.
Although most people look forward to having plenty of free time in retirement, it can be an adjustment when the day finally arrives. Many aren’t sure what to do with the extra free time retirement provides.
That’s why a gift that can provide entertaining, informative, or educational activities is ideal for retirees. Here are a few ideas:
Netflix is a video streaming service offering a wide variety of award-winning TV programmes, movies, documentaries and more. An annual subscription will provide your retired friend hundreds of hours of fantastic entertainment.
Subscriptions range from £6.99 to £15.99 per month, so you have a few options to fit your gift budget. You can also purchase Netflix gift cards, which are ideal for Christmas.
Few things are more pleasant than sitting down with friends or family and sharing some quality wine. There are plenty of places to purchase quality wine gift sets, including Wine Direct.
Your recipient should be delighted to receive such a gift. Indeed, you can even sample a glass or two with them.
Walking is an excellent activity to do more of in retirement. Not only does it help keep retirees fit and healthy, but it also enables them to meet new people.
The National Trust has thousands of miles of tracks and trails around some of the most beautiful countryside in the land. Buying your retired friend or family member an annual membership will provide them unlimited satisfaction.
It is crucial for people to continue using their brains when they retire. And with travelling being something many want to do more of, learning a new language is a great way to combine the two.
Rosetta Stone is one of the best programmes for learning a new language, with three months’ access to a single language course only costing £35.97.
Consider complementing their new language skills by buying them travel vouchers as a Christmas gift.
There are plenty of places to buy these, including the Holiday Voucher Shop. Here, you can choose the amount you want to give and add a personal message for the recipient. They can then spend this whenever they want.
There are options to use these on a wide range of trips provided by major travel providers, giving your loved one the option to make valuable memories.
Retirees have a lifetime of work and experience under their belts. However, plenty of things will remain on their bucket lists. Imagine how they’ll feel receiving a gift that enables them to do something they’ve always dreamed about.
Experience Days offer days out, participating in everything from sailing to sushi-making. Your options are practically endless, and you can search for experiences across all UK regions. Consider giving your loved one the experience of their life as a memorable Christmas present.
Even though getting your loved one away from their Netflix viewing could be challenging, there is nothing quite like seeing a live performance. There are some fantastic shows in the West End at the moment, and they are very reasonably priced.
Of course, your retiree may need accommodation if they live far from London. Therefore, why not combine this gift with some of the travel vouchers we mentioned earlier to make this gift even more special?
An iPad, Amazon Fire, or other digital tablets are excellent devices and have many advantages. One that particularly applies to retirees is for reading.
You have plenty of options ranging from £40. These devices will not only open up a vast library of books and other reading materials for them, but they enable people to conduct many daily activities from home, such as shopping, banking, and others.
Tablets can be life-enhancing as well as provide excellent entertainment. Of all the Christmas gift ideas, this one could give the most lasting benefit.
Finding the right Christmas present for the special people in your life can be challenging. Hopefully, you now have a few ideas for buying a gift for your retired loved one this year.
Of course, whatever you get them, remember they already have the best thing possible; more time to enjoy doing what they want. These Christmas gift ideas for retirees may help them enjoy this time even more.
We can help you to make the best possible decisions when it comes to your pension.
Taking pension money early is not right for everyone as it will leave you worse off in retirement. Also, tax treatment depends on your circumstances and is subject to change. That’s why it makes sense to get help from a regulated specialist.
