It seems it takes only 10 months for the novelty of retirement to wear off, and for boredom to sneak in , according to a new study.
Researchers, who carried out a detailed study, found the early stages of retirement are crammed full of a dizzying round of visiting friends and family and getting stuck into new hobbies. With so many more options in terms of when to retire, there are difficult decisions to be made.
”Being able to retire with money, health and general happiness is everyone’s aspiration – but for many of us, that might not happen without the right approach.
”Despite anticipating retirement for a greater part of their working life, our study shows that many people struggle to adjust to a new existence that’s free of structure.
So what were the main aspects of retirement that retirees found disappointing?
20 disappointing things about retirement
- I missed the camaraderie I had at work
- The novelty of not working wore off
- I was bored
- My mind wasn’t being pushed
- I didn’t have as much disposable income as I thought
- The glow just wears off because you get used to it
- When everyday ended being the same as the day before
- I didn’t have many friends who had retired
- The nice weather ended and I had to spend more time indoors
- I was lonely
- I just didn’t have enough things to fill my days
- I didn’t have many hobbies or interests to fill my time
- I didn’t like being seen as ‘old’
- I felt redundant
- Daytime television is awful
- I put on weight as I wasn’t as active
- I ended up running around after everyone else i.e. grandchildren and children
- My partner and I drove each other mad
- I hated telling people I was retired
- My partner was still working and I resented that.
The positive aspects of retirement
Booking a holiday, buying a new car, taking up a new hobby and spending more time with the grandchildren are all ways people enjoyed their time as soon as they left the world of work. Interestingly, of those polled, more people retired in March than in any other month of the year – and 42% of people admitted they have a better outlook on retirement during the summer months.
And there are certain elements which make retirement easier – two thirds of retirees claim having plenty of money makes life less troublesome, while 84% say good health counts for a lot. Living near friends, having a partner who is still around and retired, and having plenty of hobbies all pave the way for a more relaxed and enjoyable retirement.
Stacey Stothard of Skipton Building Society who commissioned the study added: ”There are certain things in life that you can’t anticipate or plan for. ”But we all hope to reach retirement age, and based on that alone, we can take steps to plan for that new-found free time – no matter how many years away from retirement we are. ”From thoroughly understanding your personal finances, through to establishing what you actually want to do or achieve in your retirement; considering these key areas can give you much needed direction and drive.”
Perhaps reinvention would be a better option than retirement!