Our Thoughts

6 Ways to Kick Post-Retirement Depression

Reaching retirement can feel like crossing the finish line at the end of a 30-, 40- or even 50-year-long marathon. So many of us look forward to the days of rest and relaxation, but what many don’t consider is the growing risk of depression post-retirement. While a life with no alarm clock is something we dream about, the truth is retirement really throws a wrench in how we live our lives, and the switch from a structured, sociable work life can be harder than we realize.

Working fulfills a fundamental need to contribute to society and provide for yourself and your family. It also provides your life with structure and a sense of identity. When that part of your life has come to an end, it can feel like your identity has been stripped, and the lack of structure can leave you drifting. For decades, you spent 8+ hours a day building a social group with your coworkers, becoming an expert at what you do, and living a structured, scheduled life. That’s why heading into retirement is a dramatic change that can feel freeing, yet scary. For some, it’s also a not-so-subtle reminder that they’re nearing the end of their life.

Instead of getting caught up in your fears and anxieties about retirement, there are a few ways you can combat post-retirement depression.

1. Prepare For Financial Independence

Money is one of the top stressors in our country, with 64 percent of Americans stressed about their finances.1 If you’re trying to avoid post-retirement depression, it’s in your best interest to reduce as much stress surrounding your financial independence as possible. This can be done by preparing for your retirement well-ahead of time.

A financial advisor can take on some of that stress and help you create a holistic plan to ensure your retirement is what you want it to be. Developing a sound plan can help you secure stable income throughout retirement while aligning your portfolio with your future financial needs and goals.

2. Opt For a Gradual Retirement

Moving suddenly from working 40 hours a week to zero can be a real shock to your system. While it may sound great in theory, the truth is we’re creatures of habit – and we don’t always react well to quick and dramatic changes. Some employers will allow you to ease into retirement by gradually shortening your work week over a year or a couple of years. This can be a great way to get your toes wet before diving right in to a full retirement. Use your days off to discover new hobbies, start volunteering, meet with friends, and begin developing a new routine you can expand on throughout retirement.

If your current place of employment does not offer a gradual retirement option, you could also search for a part-time job, perhaps something that’s more laid back or of interest to you. Not only does easing into retirement help reduce the shock, but it can also be a great way to continue earning income without committing to a full work week.

3. Develop Social Connections

Leaving the workplace means leaving behind the faces you saw five days a week. As you transition into retirement, it’s important to combat isolation and loneliness. Take the time to develop new social connections and reconnect with loved ones. Invite family over more often, ask old coworkers out to dinner, or talk your neighbors into a round of golf. While you may enjoy this new time to yourself, you have a lot of free time to fill. Make sure you’re keeping up with the connections you’ve enjoyed in the past, while staying open to finding new ones in retirement.

4. Make a Plan for How to Spend Your Time

While your years of scheduling meetings may be over, we still think it’s a good idea to make a plan in retirement. You don’t need to map out elaborate vacations or cross-country trips, but think about what it is you’d like to do with your day every day. You may be tempted to take it easy and spend some time lounging around the house, but chances are you’ll get bored of doing nothing quickly. Check around for local volunteer opportunities, book clubs to join, exercise classes to keep you moving, and more. Coming up with a few activities to look forward to throughout the week can help you from becoming bored or complacent in retirement.

5. Hit the Gym

You’ve certainly earned the right to relax and spend some time lounging on the couch, but remember to get in some physical activity, especially if you find yourself with more free time than ever before. Adults aged 65 and older should aim to do between 20 and 40 minutes moderate-intensity physical activity a week.3 Getting active regularly is a great way to combat heart disease and other ailments, increase your overall happiness and meet new people.

6. Pursue a Passion

What’s something you always wanted to try but never had time for? Retirement is the perfect opportunity to focus on you and your deeper purpose. Have you always wanted to learn to paint or play an instrument, but never had the time? Or maybe you’ve been itching to get back in the classroom and learn more about your favorite subject in college. For decades, you made work or raising your family your purpose in life. Retirement is the time to get back to finding and exploring your own personal passions.

For years you look forward to the relaxing, stress-free days of retirement. But before you leave the office for good, take some time to prepare financially and emotionally for this big life change. Taking the time to understand common challenges of retirement gives you time to combat your biggest concerns by developing new social connections, picking up new hobbies and even fine-tuning your fitness routine.




This content is developed from sources believed to be providing accurate information, and provided by Twenty Over Ten. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.