As you approach retirement and are looking forward to a new daily routine where you get to do whatever you want, you may want to think about how to make this transition as easy as possible. After all, it takes time to adjust to this major life change – even if you’ve made the perfect retirement plan and are excited for this new chapter.
There are five emotional stages related to retirement that you’ll likely experience. When you know what to expect at each stage and how to best navigate through them, you’ll be well on your way to having a happy and fulfilling retirement.
The Five Emotional Stages of Retirement
When you prepare for retirement, you’ve likely done financial planning that will help you in your new chapter of life. Making sure you know what to do with your accounts and portfolios will help you maximize your earnings and avoid withdrawal penalties.
When you’re still pre-retirement and are receiving an income, it’s a good idea to take care of any remaining debts so you can retire without any worry.
The honeymoon stage is where you’re enjoying the lack of structure; there’s no alarm waking you up for a full-time job, and you get to do whatever you want with your free time. You may travel on vacations you’ve always dreamed of, have a big retirement party, and also take time for well-deserved rest.
While the honeymoon phase is filled with doing what you want and celebrating, you’ll eventually come down from the emotional high, which leads to the next stage.
When you stop working, you may realize how much structure your job provided for you. If you were highly engaged in your job, you may also feel like you don’t have a sense of purpose without one. You may feel restless, or like you’re not sure about which direction you want to go in this phase in retirement.
You may also not be feeling your best. When you were in the honeymoon phase, all rules may have fallen by the wayside. This can also include eating more junk food and getting less exercise. As a result, you may feel sluggish and not as on top of things as you used to be.
The discontentment phase happens because your original approach to retirement life may not have been sustainable, indicating that you may need a change.
4. Adjust Perspective
After experiencing discontentment, you can take steps to figure out what you’re really passionate about, any hobbies you’d like to pursue, and how to ensure you feel happy and healthy in retirement.
While you’re thinking about what inspires you, establishing a regular schedule with consistent sleep, a healthy diet, and exercise can help you feel energized and ready to embrace your retirement.
You can identify pain points and how you can fix them. For example, do you miss the social interaction from the office? Maybe this means you need to expand your social circle and have more interaction with others in your daily life.
Do you feel like you’ve lost your sense of purpose? You can research volunteer organizations in your area and start helping out others in the community.
5. New Start
This final stage is all about settling into retirement. You’ve identified what you’re passionate about, have brought back structure and social interaction into your life, and you’re excited to see what each new day of retirement brings.
If you’re looking for more social engagements, wellness activities, or less home maintenance, you might start thinking that a senior living community is right for you. Fortunately, that’s where we are here to help!
A Relaxed Retirement at The Village at Gainesville
Experience a fun and fulfilling life at The Village at Gainesville – schedule a personalized tour today.