Creating Your Encore Career
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.
14:40
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Quick takeaways
- Retirees and pre-retirees face non-financial challenges such as loss of identity and lack of routine in retirement.
- Age 50 plus workers and retirees view retirement favorably and prioritize having a purpose in life.
Deep dives
Retirement transition challenges and non-financial fears
The podcast episode discusses the results of two surveys on retirement transition. The first survey by the Retirement Coaches Association highlights non-financial challenges faced by retirees, including the loss of identity, lack of routine, and few friends. Retirees also express fears of losing purpose, staying relevant, and managing their time. Pre-retirees share similar fears, but also mention concerns about deteriorating physical health. Both groups express the need for additional tools and support to navigate retirement transitions.
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