One might say that Baby Boomers on the cusp of retiring come in two varieties. Some cannot wait to retire and already have a plan. For others, the unknowns fill them with dread.
That’s according to Squared Away blog editor Kim Blanton, who shared the findings from a 2018 report published by Harvard Business School professor Teresa Amabile, whose research team interviewed 83 professionals in their pre- or post-retirement years (or both) to study how they navigate the transition years.
“I can’t say this strongly enough. There are some people who seem to literally not think about what their retirement might look like before they retire,” says Amabile.
Based on Amabile’s research, there are four tasks that people should think about to help them plan a more fulfilling retirement: Decide to retire. Detach from work. Explore a new life structure. Consolidate a new life structure. Blanton discusses the first task – Decide to retire – in this blog, while the other three will be commented on in a future article. Read more.