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You’re not the first to retire and certainly won’t be the last. If you’ve done your homework, then you know; the common preparation that most undergo often ends up as insufficient. Even if you were the exception to the rule and saved, invested and then planned your lifestyle’s budget down to the exact penny, you’ll likely find yourself living from check to check. Most retirees get paid monthly, so the prospect of waiting until next week isn’t a privilege that you’ll have.

Oftentimes, it takes a little gloom to get a financial picture across. It’s not that the world is full of fools that lead many to retire and then go broke. It’s the freedom that they’ve desired for 20 or 30 years but had never experienced. When you don’t have a job to keep you busy, spending is what you’ll do to pass the time.

Let’s take a look at how you can invest in retirement instead:

Don’t Get Comfortable with Doing Nothing

The core theme with retirees is that they expect to no longer do anything.

This is likely the biggest financial mistake for you to make. Look at the world’s wealthiest people. Most of them are very active—well into the years that others “retire” at. You have to shift your thinking from, “I hate my job and want to quit,” to, “It’s time to do what I love.” If you can’t find a thing to love, then go and get that part-time at Walmart before you actually have to. It will not only give you something to do, but a side income protects your pension for the next stage.

Work with Only Four Percent—Invest the Rest

As long as you don’t look at retirement as the time to finally do nothing, you’d be surprised at how much your monthly income can earn. First, set a small portion of it aside to live on. Move to a Third-World country if you have to. The extra monthly funds that you’d receive can then be put into safe investments. That’s right.

If you don’t need it, you can turn it into more. A change in mindset is all this takes.

Live the Rest of Your Days by Reinvesting Your Capital Gains

Your core objective now should be to continue into retirement without seeing the prospect of poverty. The safe investments you have will generate capital gains. As of now, since you have a monthly check, you don’t need the gains, right? Of course not. Let that extra money give you peace of mind or security for the unexpected.

When you retire, always consider your potential for investing the pension you earn.