What are the five stages of retirement?

The phase before you retire really involves imagining your new life and planning it. This stage can last 5 to 15 years or more before your actual retirement date. Many people are facing retirement, like a runner on the soccer field dodging or going through one defender after another until they reach the end zone. It's hard for many workers to seriously think about what their lives will be like in 20 or 30 years when they're trying to keep their mortgage payments, get their children to go to college, and in the meantime, have some fun.

They want to get to the end zone, but other problems will be addressed much sooner if they don't take immediate action. You might want to read my article, How to Mentally Prepare for Retirement, a helpful guide with 21 science-based tips. This period is incredible, and you feel great. But it can also be a little scary at the same time.

Basically, you're starting a new way of life with an open agenda. This transition period just after the actual retirement date is known as the honeymoon stage because the feeling of happiness is at an all-time high. They really feel like newlyweds, hence the name honeymoon stage. The honeymoon phase can also be very busy, with a leisure space, (old) friends and family you want to meet and many other opportunities that come your way.

It can be difficult to structure your days. When you were still working, structuring your days was much easier. You probably had a strict schedule and knew weeks in advance the things you had planned. In retirement, this may be different.

Depression is a common struggle for retirees, and if you're having trouble feeling and feeling depressed during retirement, it might help to read my article 15 Tips on How to Deal with Depression in Retirement. Or when you're just looking for ideas about unique things to do, a must-read is my “What to do when you retire? 65 ideas. During this stage, people are becoming increasingly excited about their upcoming retirement. When retirement approaches, on average, two to five years before the actual retirement date, people tend to get even more excited.

However, sometimes too, a bit of concern can arise. When I talk about The Honeymoon Stage, I'm referring to the first real stage as a retiree. The period when everything is fresh, new and exciting. Sometimes people refer to this stage as the release stage.

You are “free from work”. The phase of disenchantment is naturally followed by the phase of reorientation, which is probably one of the most important stages of retirement life. During the reorientation phase, you can find a new purpose in life. This stage can take up to a couple of years and help you live your retirement life to the fullest.

The questions (and the answers you found) that were asked during the previous stage are becoming very useful during this process. The reorientation phase for most people is about two years, but it can last even longer. It all depends on what you want to do in your retirement life and how quickly you find your purpose as a retiree. Sometimes, without even realizing it, you reach the next stage of retirement.

The fifth stage of retirement is commonly referred to as the stability stage. During this stage, he has found his purpose and has been fully accepted as a retiree. These are important factors that help you live a satisfying retirement life and enjoy a successful retirement. Sometimes people also refer to this stage as the reconciliation stage.

A different and perhaps more formal name for this important and, hopefully, longer stage of retirement. What if I can help you live a happier, healthier retirement life? In just 5 steps. I've written more than 200 articles about retirement in the last three years. And he conducted extensive research to help people prepare for and enjoy their retirement in the best possible way.

Pre-retirement planning is often considered a financial activity, but recent research suggests that it may be just as (if not more) important to focus on your emotional and social needs. The study found that people who took the time to plan for retirement were more likely to report higher levels of well-being after retiring. The most difficult stage of retirement is reorientation. Many retirees will make a list of things they want to do, such as fixing things around the house, working on their tennis game, and traveling.

But it's not a 30-year list, says Veto. They go through their list much faster than they thought and say, “What now?” When they still have another 25 years of retirement. According to the study, people in the reconciliation stage report lower levels of depression and worry. However, they are also more likely to admit their sadness when they begin to face the end of their lives.

Around 65% say they are living their dream when they retire, and 75% say they are enjoying retirement a lot. When you search for information about the different stages of retirement, you'll probably notice that individuals and organizations sometimes use different words to describe the five stages or phases of retirement. The first stage of retirement begins long before people reach their retirement day and ranges from 15 to six years earlier. Reorientation, often considered the most difficult stage, occurs after retirees quickly review their retirement to-do list, feel a loss of purpose, and begin to evaluate their retirement experience.

It helps when you've already started thinking about the things you want to do during your retirement when you were still in the early stages of retirement. However, as retirement day approaches, people at this stage begin to focus their attention on their retirement goals and needs. . .