Why do people fear retirement




















Move on from your office position and volunteer to help walk dogs or babysit. Retirement can be scary for anyone. By facing retirement head-on and addressing the roots of your anxieties, you can beat the trepidation and come out on the other side.

Retiring is the beginning of the rest of your life , not just the end of an era. Embrace the change, pursue your passions, and enjoy the fruits of a life well-lived. We also rely on them for the most up to date information and data to make sure our in-depth research has the facts right, for today… Not yesterday.

Our financial expert review board allows our readers to not only trust the information they are reading but to act on it as well. Learn more about annuities, retirement advice and take the correct steps towards financial freedom and knowing exactly where you stand today.

Learn everything about our top-notch financial expert reviews below… Learn More. David Gellar. Updated on April 6th, Embarking on the Great Unknown Many people are nervous about retirement. How to Not Be Nervous About Retirement Below are five steps you can take today to prepare so you are nervous about retirement: 1. Visualize your retirement. Identify your fears. Talk to people.

Define your life priorities. About Due. Due makes it easier to retire on your terms. Get started today. Get Started. Guest Post. Editorial Process. Expert Review Board. Contact Due. Fixed Annuity. Get some saving advice from the financial gurus. Or, create a detailed retirement plan now and see for yourself how much you need to be socking away. If you are near retirement age or already retired, then there is probably some very good news for you. Your benefits will likely be protected. However, we are living in strange political times.

So, if you are still concerned, then you could always run scenarios in a retirement planning calculator and see how dire your finances might be if benefits were reduced and figure out a way to compensate for the lost income through:. Getting old is not easy. And, our healthcare system is ailing — especially in some locales.

These too are well founded fears. There are basically three problems to address with regards to health and healthcare retirement fears:. Your Own Health: There is no shortage of sound advice about taking care of your own health — explore the secrets of the super agers.

In a nutshell: Eat well. Stay engaged, mentally and socially. Recent data even suggests that dementia rates are declining. Your fears are well founded. These top line costs have to be factored into your retirement planning.

The NewRetirement retirement planne r does this for you. It also lets you explore the impact of different ways of planning for a long-term care event. Adequate Access to Healthcare: Your access to healthcare and the costs of those services varies greatly depending on where you live. Adult education classes, holidays for retired singles and couples, and meeting new friends via the internet are just some of the easy ways to meet people. Meeting like-minded people at art classes, volunteer work or sports clubs can help to eradicate this fear.

A leap of faith will be needed for nervous people but once this has been overcome a new lease of life will open up. This is more a case of fearing what is going to happen in the future. This is quite normal but by focusing on the future, the person is missing out on dealing with the issue in the present. Fear can often stop people from trying new things and enjoying the excitement of new experiences. It's only natural for many people to fear retirement. It's one of the major lifestyle changes.

Looking at the positives of retirement and avoiding negative thoughts can help to combat fears. Looking for solutions to specific fears should also help to allay retirement worries. All of our services are free, impartial and strictly confidential. For information, advice and support, you can contact us in confidence, 24 hours a day, 7 days a week. Talk to us online Talk to us online Got a question for our support team? Talk to us online with our live chat.

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