Going through a pre-retirement checklist to prepare for post-pandemic life is a smart move. Like packing for a long trip, it’s easy to forget something you may end up regretting not bringing without such a checklist.
Retiring from a job after years or decades of work is a scary proposition. This fear is one of the reasons why retirement researchers who feel confident about their safe withdrawal rate assumptions still won’t retire. It is much easier to pontificate about retirement when you are still gainfully employed.
One of the top 10 worst times to retire is during a pandemic. With so many things shut down, spending all your days at home doesn’t sound like a great retirement at all. There are only so many books you can read, Netflix shows to watch, and meals to have with your family before a deep sense of dissatisfaction begins to seep through your veins.
The decline in mental health is a HUGE issue that is currently being underreported. The rise of clinical depression is no joke. Please be more empathetic to everyone during this time.
People who have little-to-no money worries are getting divorced. Normally peaceful retirees have taken to social media to wage jihad against others they don’t know. When there are few release outlets, there is a tendency for people to manifest the worst version of themselves. Prolonged isolation can be dangerous.