By Erin Wood, CFP®, Senior Vice President, Financial Planning and Advanced Solutions, Carson Group
While some people leap into retirement with joy, delighting in the freedom to pursue their passions or spend time with the people they love, others struggle to get their footing. They’re not sure what they’ll do, how they’ll spend their time or even who they’ll be when work no longer gives shape to their lives.
The journey from being a breadwinner to embracing retirement can bring mixed emotions. Astonishingly, retirement ranks 10th on a list of life’s most stressful events (higher than pregnancy and foreclosure). This shift signifies more than a financial change, although retirement happiness depends on getting that right, too. More important, this transition requires a profound shift in mindset.