- Most pre-retirees are not aware of the importance of planning for the psychological adjustments.
- Not having a schedule in retirement can be more worrisome than not having a paycheck. Finding ways to incorporate some aspects of pre-retirement life into retirement offers comforting continuity for many.
- Eighty percent of people working in retirement are doing so because they want to, not because they have to.
Retirement is the lifestyle change we talk about for years before it sneaks up on us and planning becomes more essential than ever. The time before retirement can be dramatic for people who feel anxiety or stress as retirement approaches, instead of the elation and relief they may have been expecting for decades.
Inevitably, retirement involves entering uncharted waters, and answering questions like, “Who am I now that I am retired?” But, gradual preparation leading up to the end of pre-retirement can significantly lessen the stress of the transition, bring familiarity to the next chapter and help retirees have an easier time making the adjustment. We explore ways to create a healthy strategy in the recent Modern Retirement Monthly: How will you transition to retirement?
Connect with your UBS Financial Advisor
To get even more perspective on making a successful transition into retirement