Dr Riley Moynes, an author and retired educator, recently published The Four Phases of Retirement: What to Expect When You’re Retiring. Dr Moynes identified four phases of retirement that individuals may experience as they adjust to their new lifestyle:
This is the initial phase of retirement, characterized by a feeling of excitement and freedom. People may take extended vacations, travel, or try new hobbies and activities.
The second phase is characterized by feelings of loss and uncertainty. People may miss the structure and purpose provided by work, and may struggle to find new meaning and purpose in retirement.
Trial and Error
The third phase is characterized by experimentation and adjustment. People may try out different activities and lifestyles to find what works best for them and to find new purpose and satisfaction in retirement.
Reinvent and Rewire
This is the final phase of retirement, characterized by a renewed sense of purpose and fulfillment. People have successfully adjusted to retirement and have found new ways to be fulfilled and satisfied in their later years.
Here is a recent talk that Dr Moynes gave on the topic:
Do you identify with these four phases? Please share your views with us here.