As with becoming a new parent, nobody really teaches you how to retire—you are just thrown into it and learn as you go. To help new retirees just starting out, U.S. News recently listed "3 Ways to Start Your Retirement Right" (January 2015). Here are a couple:
Transitioning to retirement often requires an emotional adjustment that many people find difficult. USA Today reports that as many as two-thirds of boomers struggle to adapt to retirement ("Retired Baby Boomers face emotional adjustments," February 2015).
What boomers miss most are those day-to-day social connections with coworkers: 37% of survey respondents said this was the toughest part. USA Today suggests tips for feeling confident about your transition to retirement:
Finances aside, what do you think is the hardest part about retiring?
Plan for the possibility of incapacitation. Consider appointing someone to make legal and financial decisions for you if you should become unable to make them yourself.
Are you 10 years (or less) from retirement? What else are you doing to prepare?
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