Retirement Isn't Easy.
You are part of the healthiest, wealthiest and best educated of any generation of retirees in history. Your retirement years should give you the best opportunities to rekindle old passions and discover new ones. But, research has shown that almost half of people entering into retirement struggle with difficulty transitioning into a post-career life.
Retirement is More than Just Finances
Although many pre-retirees are concerned about their finances, money isn't the only thing on their minds. The impact of the non-financial issues like social and psychological factors plays a big role in your successful retirement.
Retirement is Commonly an Emotional Time
Whether it’s missing the ‘comfort’ of a schedule, losing your identity or a sense of purpose, it’s common for people adjusting to retirement to experience a range of worries and fears.
Failing to Plan or Manage Has Consequences
For many people who don’t plan or manage the transition well, the consequences can be significant. Common issues include depression, alcohol or drug addiction and inactivity.