Retirement Coaching
Being able to stop work is great but most people underestimate the challenges. Retirement can be wonderful, but it is also a hard transition to navigate. Firstly, emotionally you move from a state where people want and need you, to sometimes the complete opposite. This can feel like grief, akin to a loss, the loss of identity.
Having retired multiple clients over decades, we have seen client after client underestimate the impact of retiring, despite our coaching.
The way to guard against this is to not defer making decisions about life post-work but to start planning in advance. It is better to start playing golf or spending time with the grandchildren before you retire than leaving it until you do so. You might be able to spend less time doing it pre-retirement, but it means that you have laid the groundwork, and it will seem a more natural transition.
It is also important to visualise what retirement might involve. Start a list of things that you have always wanted to do and start planning them for your retirement when you might have time for them. The most inspiring retirees are those who have started retirement with a ‘bucket list’ of hobbies, charitable work, skills, and family adventures that they then focus on.
Lastly, when you are a retiree, you are a valuable resource to your local community, charities, family and friends. Don’t rush into committing to everything, just to fill the diary. Be selective initially so that you don’t end up committed to working 9-5, six days a week (for free).
Retirement coaching is available to Altor clients in our Core Service.
Nothing on this website or its links constitutes a personal recommendation; the information contained is designed to be informative but not to be relied upon as individual circumstances could affect the relevance of this guidance.