223: Transitioning Gracefully, Notes From 2 Pre and Post-Retirement Surveys

Nov 23, 2023

In this episode, the host discusses the results of two surveys comparing the perspectives of retirees and pre-retirees, focusing on non-financial aspects of retirement. They highlight the importance of written plans, the need for support in finding purpose and connection, and the challenges of financially planning for retirement. The chapter also explores retirement planning challenges, uncertainties, and possibilities, including alternative options for a fulfilling encore life.

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Introduction

00:00 • 2min

Retirees' Experience and Fears

02:12 • 5min

Differences in Plans and Expectations between Older Workers and Retirees

07:24 • 3min

Exploring Retirement Planning Challenges and Uncertainties

09:58 • 3min

Exploring Challenges and Possibilities in Retirement

12:41 • 2min

Are you prepared to reimagine your retirement transition? In today’s episode, I’m guiding you through the uncharted territories of retirement, breaking down preconceived notions and replacing them with genuine insights from two revealing surveys by the Retirement Coaches Association and the Transamerica Center for Retirement Studies.

Go here to listen → http://www.lynnfriesth.com/podcast1/223

Unpack the non-financial fears that accompany retirement, from the loss of identity to a sudden lack of routine, and learn how to manage them. Understand that retirement is a significant life change, taking a year or more to fully adjust to. Discover the power of having written plans and goals to ease the transition and make your everyday life more fulfilling in retirement.

We'll dive deeper into these concepts:

Retirement difficulties and biggest non-financial fears
Social interactions in retirement
Retirement honeymoon phase time frame
Findings from the 23rd Annual Transamerica Retirement Survey

Now, for some action steps:

To get started on Your Encore journey, sign up for my resource: 5 Key Questions to Ask Yourself if You Want a Successful Mindset

Resources:

The Great Retirement Disconnect

Retirement Coaches Association 2023

Life in Retirement:Pre-Retiree Expectations and Retiree Realities September 2023

Transamerica Center for Retirement Studies

Introducing my FREE guide: "How to Navigate Life’s Transitions"

Dive deep into practical tools, inspiring stories, and reflective questions designed to empower you through every change.

My Website

https://www.lynnfriesth.com/

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I thank you so much for being here and I’ll see ya next time on Creating Your Encore Career.

— Lynn

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Episode Credits:

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com.