If you research retirement planning it is almost a guarantee that the majority of retirement content will be about financial planning. This is certainly a very important part of planning for the future, however, research shows that there is much more to a successful and fulfilling retirement than finances.
This is where retirement coaching comes into its own. It provides clarity and distinction around this important transition, from working, to your next adventure.
‘What will I do?’ seems to be a major question and some may have the answers. Bucket lists at the ready and projects on the ‘to do lists’, they cant wait for the free time to begin...But What’s Next?.
Thankfully, we are all living longer and healthier. Life expectancy for Ireland in 2022 was on average, 82.6 years and we have the highest self-perceived positive health status in the EU, with 82.1% of people rating their health as good or very good (CSO 2022). So how do you intend to spend these future years? What will give you the sense of purpose and structure that working does?
If work is a large part of our identity and how others perceive us, how will we adapt if we are no longer in that role? Our relationships at home and at work will change, and this will impact on our social circle and our concept of self.
Retirement Coaching aids an understanding of What’s Next in your life. It is about exploring a retirement lifestyle plan that aligns with your vision for you. It's being curious about the new opportunities, new relationships and new experiences this phase may bring. It's developing an awareness of what really motivates you, re-imagining a whole new lifestyle or emerging passion for a new hobby. It could be about pursuing a new role, developing a business, going back to education. The world is your oyster.
Retirement coaching focuses on social and psychological wellbeing in retirement. It is individualistic and transitional with more than a hint of opportunities for future self development.