Top 7 Tips on Planning a Retirement Party on a Budget

Planning a retirement party [or any party for thatin it.
matter] can be very costly. If you are thinking of4) Make DIY party invites, decorations and game
hiring an organizer just because you are not surenecessities [if applicable]
how to do it, well, you are up for a bigger expense.When you plan to give out party invitations, you can
If you are really tight on the budget right now butask a family member to search the internet for
need to plan for a retirement party for a familyprintable templates. If there's an artist in the family,
member or close friend, there are several things thatask him/her to help out with the invitations as well as
you can do to keep the costs low without leavingthe decorations. Same goes if there are party games
out on the party necessities.that need a few items. These are just little things
Here are 7 essential tips that can help you plan aand when you pay for them they still accumulate
retirement party even with limited funds:additional cost that can hurt your overall budget.
1) Set your budget and stick to it5) Plan your menu and stick with the allocated budget
There are times that party planners tend to goIf you have $800 and you need to cook for 50+
overboard the original budget. This happens becausepeople, you will need to plan your menu around these
the add-ons, requests from family, additional guestsfigures. A menu of 3 main courses, a dessert and
and many other factors just keep on coming duringdrinks are enough for everyone to enjoy. And there's
the planning up to the party itself.also the possibility that some of the guests will bring
For example, if you only have a $800 budget, youin wines, cakes and other edible gifts that everyone
need to make sure that everything you'll need forcan feast on.
the party will be covered. But prioritize on the mostHelpful tip: serve 1 pasta dish [since this is heavy and
important such as food and drinks for the guests.satisfying], 1 meat dish [to accompany the pasta] and
2) Stick to the number of guests1 salad or seafood dish [just to balance the meal]
If you plan to only have the family and closest6) Plan the party in the evening- dinner is the best
friends around, stick to that plan because ultimatelytime
the more guests you'll have, the more money you'llIf you plan for a lunch party, chances are, some of
need for the party. If you only plan to have 50the guests will stay until late noon or early in the
people, stick with it and do not go overboard unlessafternoon. If the party is on a weekend, then expect
you have an allowance of, say, 12 more people justmore guests than your planned 50 heads. But if you
in case.time the party at night, just in time for dinner, the
3) Avoid renting or paying for fees by utilizing whatguests are likely to go home after a few hours of
you have- the people who love the retireechitchat and wine/coffee.
If you have a limited budget for any party, it is not7) Indicate on the invitations that the retirement
practical to hire or pay for services. You can plan andparty will start and end on specific times
execute the tasks for the party with the help ofIf you plan for a dinner party, make sure that the
family and friends. So this is truly a family effort thattime is stated on the invitations. Not that you're being
will need all available hands.rude, but this will help everyone relax earlier after the
If you are in-charge, you need to set a meeting andparty. Indicating the time will also help the guests to
give the family members their tasks for the party.prepare for the party as well as arrange their
Chances are there are good cooks, creative cousinsweekend schedule.
to decorate the venue, a cool couple to host thePlanning for a retirement party is no joke especially
party, and so on and so forth.for the inexperienced. But with a little help from
These folks are likely to be more than willing to shareeverybody and with a wealth of information on the
their time and effort because it's their relative'sinternet, you can make a simple and low-budget
retirement party and they'll be playing important partsparty into a fun and memorable one.