Thanks for adding this point because we know as we age, what we thought we wanted out of life pre-retirement shifts after we move into that phase. The non-financial considerations such as staying connected, feeling we're doing something valuable with our time is everything.
The dimmer switch framing is something I wish more people talked about. The all-or-nothing model creates so much pressure — especially for women who may have had interrupted careers and already feel like they're starting from behind.
Great thoughts!
I would just add that people should focus just as much on planning for non-financial aspects of retirement, as they do the money part.
Two benefits: far better wellbeing if planned before retirement, and also those non-financial aspects often have financial ramifications.
I’ve written some articles about finding meaning in retirement, if anyone’s interested.
Hi Dirk,
Thanks for adding this point because we know as we age, what we thought we wanted out of life pre-retirement shifts after we move into that phase. The non-financial considerations such as staying connected, feeling we're doing something valuable with our time is everything.
The dimmer switch framing is something I wish more people talked about. The all-or-nothing model creates so much pressure — especially for women who may have had interrupted careers and already feel like they're starting from behind.
It's so true. And as researchers have suggested, more people than ever are stuck in the sandwich generation. That comes with a lot of pressure.