Updated: Jul 4
I recently saw a quote from someone who responded to a question about
whether or not to retire. This person ended his advice with the saying “life is
on the other side of fear.” This certainly resonated for me as I looked at the
results of a study I conducted with Canadian retirees in 2020.
Participants in the study were asked to share some of their fears related to
retirement and if these fears came true. A pie chart with the results is
below. Interestingly many participants (n = 82) stated that they did not have
any fears for retirement. For example, one person shared: I didn't have any
fears. I felt it was time for me to make a change, and that I could still
contribute to society in other ways without going to work every day.
(Woman, 69, fully retired). The rest of the comments (from 586 participants)
were related to fears in the following categories:
time use (27%; e.g., lack of routine, boredom)
loss or lack of social contacts (14%)
leaving work (9%; e.g., loss of sense of purpose, lack of recognition, intellectual stimulation, or sense of involvement)
health and well-being (6%; e.g., fear of staying physically active, health limitations).