Stages of Retirement
Callum Sutherland - Aug 29, 2023
The disenchantment phase usually happens because retirees have grown tired of the vacation-like quality of retirement and are missing the sense of purpose they had within their careers or previous lifestyle.
Planning for retirement typically focuses on how much I will need, how I save taxes, and how I will have enough income. While that is important, the psychological effect of retirement is often overlooked. When people lose purpose, they usually have a difficult time and for most people, their work was their purpose for most of their life, This article talks about the 5 stages of retirement. Read here