We always talk about the money side of financial and retirement planning. But what about the mental aspect of that big life change? Today we’ll break down an article written by a Licensed Professional Counselor (Kate Schroeder) for Psychology Today, titled The Psychological Investment In Retirement.

Retirement may sound like a dream come true, and for many it is, but only if you enter it with a plan. You don’t need to have each day mapped out, but you should have a general idea as to how you will fill your time and find your purpose.

Here is some of what you’ll learn on this show:

  • Few people consider the consequence of walking away from a life and routine that has likely defined them for decades. (2:51)
  • The author says that research shows the number one thing retirees struggle with is finding consistent, genuine, and lasting meaning. (5:49)
  • Just like saving money, the earlier you start the better… Engage with psychological growth before retirement; it’ll help you find deep and lasting meaning in life. (17:24)

Hopefully, you’ll pick up on something during this episode that you didn’t know about before, but if you have questions about anything we discussed on the show, please reach out. We’ll be happy to talk to you about your financial situation.