Being financially prepared for retirement is one thing, but are you mentally prepared?
As you prepare for retirement, you’re probably concerned with whether or not you saved enough money. This is only natural as its the biggest concern that people have throughout their working years. And it increases as you approach retirement.
Did you know that there are other ways in which you need to prepare for retirement?
One of the other topics that good financial planners discuss with their clients is being mentally prepared for retirement. Going from working to either not working at all or working part time is a big adjustment in everyone’s life. This adjustment can be difficult to deal with for some people.
Other tips to ensure that you transfer into retirement mentally prepared is to build up friendships with those who are also going to be retired so that you have adult social interaction. If you’re married or with a partner, it’s also important to have a retirement discussion with them on what their expectations may or may not be.
Yes, money is still a large part of your retirement, but don’t forget about happiness and being content as well. A good financial planner can help you prepare for both.