Over the next decade, Canada will experience a hitherto unprecedented rate of retirement. Seminars intended to prepare employees for this new phase of their lives focus primarily on financial planning. Yet, as this report indicates, preparation encompasses far more than that and extends to organizations, as well.
Document Highlights
Research shows that about one-third of people have some trouble adjusting to retirement. One resounding message comes through from the 90 senior executives and 20 experts in the field of retirement and life transitions who were interviewed for this study: those who do manage to retire successfully are those who have prepared themselves – and those closest to them – for the transition.
Six key life lessons, which are vital to making that transition a successful one, emerged from the interviews. They apply not only to executives, but to us all:
- View retirement as a journey, not a destination.
- Get a life while you are still working.
- Be prepared for leaving – it happens sooner or later.
- Cut yourself some slack after leaving.
- Renew and rediscover relationships on your journey.
- Make the most of this phase of your life.
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