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For many people, their social network contributes to their sense of well being, which is part of good health. Exercising in a group setting can add another facet to the social network, which may be good for retired people who don't get as much social interaction as they used to. Besides group exercise at health clubs, you can find groups through your local parks and recreation department or health clinic. Look for walking or hiking groups, sports teams, or ballroom dancing organizations, all of which can give you good and enjoyable exercise.