(USA Today) – The transition to retirement isn’t always easy, especially the emotional adjustments, a new survey of retired Baby Boomers shows.
About two-thirds (69%) say they had challenges adapting to this change in their lives, according to a survey of 1,000 people, ages 60 to 73, who retired in the last five years from their primary profession and who have at least $100,000 in investable assets. The survey was commissioned by Ameriprise Financial.
The toughest parts of retiring include missing the day-to-day social connections with colleagues (37%); getting used to a new and different routine (32%); and finding ways to give meaning and purpose in their days (22%).
That said, 76% say they felt in control of their decision to retire; 52% say they were emotionally prepared. More than half (65%) say they got adjusted to their new routine fairly quickly. In fact, 97% say they are “somewhat” or “very” satisfied with their retirement lifestyle.