Perhaps no other stage of life triggers such intense feelings of excitement and liberation, on the one hand, but, on the other, fear and anxiety. Retirement for many entails a leap of faith after decades of routine. You’re not simply at work Friday, doing your job, and retired Monday, dancing for joy. Retirement is a major transition that unfolds over many years, as we move from the life we know, into the life we will get to know.
Most people don’t realise that psychological and emotional readiness is as important as all the concerns about financial issues in retirement. I have personally witnessed attendees on arrival for a course to ask me “are you the pension’s man”; in other words: I am here to hear about my pension; about money issues and that is all that concerns me so just tell me about how I’m going to survive financially. By the time our course is over attendees realise that while money issues are important, there is a whole lot more to consider about an emotional ‘glide path’ into a life in retirement. So our key message is Continue Reading