You'll probably discover that you have more free time after retirement to dedicate to your interests and passions. There may never be a better time to start a side hustle or a part-time business.
If you have extra money, consider boosting your contributions to your favorite charity.
You should not stop investing just because you are retired. For one thing, retirement may last much longer than you think.
Regular investing accounts for your children, grandchildren, or other relatives can be opened, as can specialist educational accounts such as a 529 plan.
Though it is not a location to "put" your money, delaying Social Security is a wonderful illustration of what you may "do" with your money.
Contributing to a Roth IRA is a savvy way to save for retirement. The conventional "downside" of a Roth IRA is that you do not receive a tax benefit for your contributions.
When you retire, spending money on modern amenities can considerably improve your quality of life.
One of the best investments you can make at any age is in yourself. This continues after retirement, and many doctors advise retirees to cognitively push themselves to prevent mental decline.
To avoid outliving your savings, consider a fixed annuity. Your lump sum becomes a lifetime income stream when you buy a fixed annuity.