The New Retirement: Why Mental Preparation Matters As Much As Money
“Retirement isn’t just a financial transaction—it’s a psychological one.” Lorraine Wiseman reminds us that while 4.18 million Americans will retire this year, many will discover that money alone doesn’t guarantee fulfillment. Without purpose, identity, and community beyond work, retirees can feel adrift.
Wiseman recommends beginning mental preparation at least two years before leaving the workforce: “Give your psyche the same intentional planning as your portfolio.” Exploring passions, expanding social circles, and testing new roles can turn retirement into a chapter of renewal rather than loss.
Read the full piece on Forbes here: