The Psychology Of Retirement: Transitioning Effectively

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3 жыл бұрын

There are several transitions that take place as we move from employee to retiree. In this video we'll give you some help making these four transitions effectively: psychological, spiritual, physical, and social. Retirement planning at 50 and retirement planning at 60 is often only focused on finances. Holistic retirement planning takes into consideration the emotional retirement experience when planning for retirement. Moving from employee to entrepreneur can be difficult in the third chapter of life. Extending your career into retirement is an option many find attractive. This video is a product of Paul Peixoto and WholeWorker.
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• The Psychology Of Reti...

Пікірлер: 69

@PaulPeixoto 3 жыл бұрын

Our tendency, as we come close to our retirement years, is to focus only on the financial aspect and plan for that. The truth is there are many transitions that need to be planned for that will have a significant effect on your wellbeing during this season. In this video I'll take you through 4 such transitions and offer some advice on how to handle each one. Let me know how you're planning on dealing with these four transitions in the comments below. Don't forget to *SUBSCRIBE* to the channel and give this video a *like* if you found it helpful!

@xo7454 Жыл бұрын

I'm a physician. I plan to scale down and work part-time and get a full night sleep every night once I've established solid savings. I think I will be sad and my brain will be sluggish if I completely stop working. Work isn't just for income, but it's a life purpose, being useful and making a contribution to the world.

@PaulPeixoto Жыл бұрын

Agree 100%! Your plan sounds great. Thanks for joining the convo!

@Jane5720 4 ай бұрын

Yes

@fij7963 2 жыл бұрын

In the movie "The Shawshank Redemption", Morgan Freeman & Tim Robbins played roles as inmates in prison & were having a conversation about freedom one day on the outside world. Morgan had this one line that I'll never forget "......I don't think I'll ever make it on the outside, I'm an institutional man now, just like Brooks was....." I'm 58 & have been retired for about 1 1/2 yr now. Retirement is indeed hardly just about financial well being (like what most people think). It has all the factors which you have meaningfully narrated & explained....Your video gave me comfort & enlightenment, thank you so very much!

@PaulPeixoto 2 жыл бұрын

@FJI That is so great to hear. Congratulations on your retirement! I love the illustration you shared from The Shawshank Redemption. Many people feel caught in that institutional world and can't see the way out. For those that can't completely escape inspiration is key. My hope is that this (and all my) videos brings that inspiration. Thanks for watching and, more importantly, sharing!

@CoachViva 3 жыл бұрын

Thank you for sharing this holistic approach to retirement! All of these are just as important as taking finances into account.

@PaulPeixoto 3 жыл бұрын

Glad you agree. Thanks for watching!

@CelinaBelizan345 3 жыл бұрын

This is great! Retirement can be so overwhelming, it's great to see someone talking about this incredibly important transition! Great video Paul!

@PaulPeixoto 3 жыл бұрын

Thanks so much, Celina! The market would have you think that as long as you have enough money everything is going to be ok. Fact is, many who have enough money end up going back to work. Why?

@GordonHudson 22 күн бұрын

I am retiring three days before my 57th Birthday. Here in the UK that is not that unusual, if you have enough money to do it. I am fortunate that I am not defined by my job. I have lots of other interests and activities. What does hit hard though, is knowing I will lose my professional standing. I will be an "old person".

@PaulPeixoto 9 күн бұрын

That loss IS one of the mental transitions that we all go through. Many professionals hold on to some function of their job for a time to ease the transition. Writing, speaking or consulting are common choices. Have a great retirement, Gordon!

@gybx4094 Жыл бұрын

I have two 4-hour part-time shifts, but the loneliness is still killing me. Never married, no children, no family, no friends. Work associates were all I ever had. I'm trying to connect, but no one seems to care.

@PaulPeixoto Жыл бұрын

Check my response to you under the "Retirement Depression" video. If you'd like more help, my email is listed under the "about" section here on KZfaq. Take heart. You are not alone. 🙏🏽

@Demy1970 Жыл бұрын

I understand this one

@PaulPeixoto Жыл бұрын

@@Demy1970 Glad I could help! You might want to check out my encore career coaching course. Email address in the "about" section here on YT. 🙏🏽

@CoachViva 3 жыл бұрын

Thanks for these tips, Paul! You make transitioning sound like a breeze

@PaulPeixoto 3 жыл бұрын

Glad you like them! And thanks for watching!

@dianejones1413 Жыл бұрын

WOW - LIFECHANGING VIDEO - YOU MAKE A BIG DIFFERNCE!!!!!! THANKYOU!!!

@PaulPeixoto Жыл бұрын

Thanks, Diane! Let me know if I can help you in the future.

@SocialConfidenceMastery 3 жыл бұрын

You explained this really well!

@PaulPeixoto 3 жыл бұрын

Thanks, Myke.

@donclark2724 2 жыл бұрын

Thanks paul. My philosophy has always been to never retire just move to new things. Hard part is though now that I'm retired from my career and I'm doing more exercise, getting up same time, investing more in serving, I find it's hard to get my planned retirement career of woodworking moving like I thought. Will be following

@PaulPeixoto 2 жыл бұрын

Don, check out my response to the second-half of your comment. There are lots of videos that might be of help to you here, on the channel. I pointed one out in particular. Thanks for watching and joining the conversation!

@HappyHoney41 2 жыл бұрын

Tomorrow is my last day. I'm exhausted just from trying to prepare myself mentally for turning off the work mode. Going from 5th gear down to 3rd's going to be a big shift.

@PaulPeixoto 2 жыл бұрын

Congratulations! You’re right, it’s going to take some time to shift gears. Give yourself that time. The first season of retirement is the most important. I say, “season” because everyone needs a different amount of time. So glad you watched this video. I think these transitions are really important. Congrats again and know I’m here if you need any assistance. My email address is in the “about” section here on YT.

@danyoungs4061 2 жыл бұрын

I fear having no meaningful things to work on. I am sick of doing what I do and definitely want to do something different. But not Sure what I want to do after retirement. Definitely do not want to study more of what I do now. You are correct with your list , but I makes me more concerned because I know I have no plan. I have devoted so much time to my career I have lost my dreams . Maybe after some rest I will awaken to a new role of interest.

@PaulPeixoto 2 жыл бұрын

Dan, I'm sure you can find what it is you'd like to do in your retirement with a little reflection and journaling. I have many other videos here on the channel that I think would help, one is entitled, "Finding Meaningful Work." Check that out. If you'd like some personal guidance I'd be more than happy to help. My email address is in the "about" section of the YT channel. Feel free to email me directly and we can connect.

@satiupekkha5056 2 жыл бұрын

This video is very helpful. The questions helped me to think.

@PaulPeixoto 2 жыл бұрын

Glad to hear this, Sati! Consider subscribing for more helpful videos like this. We'd love to have you on board!

@davidjosephmaurice8423 9 ай бұрын

Absolutely excellent. I am working beyond retirement

@PaulPeixoto 9 ай бұрын

Thanks, David. If I can help you out at all with ideas, please feel free to get in touch.

@peterbrown8959 5 ай бұрын

I think the definition of retirement is very personal and at least a little different for all of us. I also don’t think anyone should start thinking about this on the last day of work, this isn’t the last day of school before summer vacation! Thanks for this, I agree with everything you said.

@PaulPeixoto 5 ай бұрын

I agree, Peter. I think our cuture pushes the "classic retirement" ending and so many assume that's what they should aim for. When they get there many find it's not for them. Thanks for watching and commenting. you can catch me on TikTok these days @paulfpeixoto. I'll be getting back to YT soon!😏

@jimrose71 Жыл бұрын

good stuff here. thank you

@PaulPeixoto Жыл бұрын

You're welcome! Check out my TikTok channel. @paulfpeixoto

@SocialConfidenceMastery 3 жыл бұрын

This makes a lot of sense!

@PaulPeixoto 3 жыл бұрын

Thanks for watching!

@tanyaannn 3 жыл бұрын

Great tips to enjoy your retirement to the maximum!

@PaulPeixoto 3 жыл бұрын

Glad it was helpful! Thanks for watching!

@desertdweller8520 Жыл бұрын

I do plan on going to the gym, yoga, hiking, and watersports. No water here but I'm moving near water. gym has been a regular part of my life.

@PaulPeixoto Жыл бұрын

That all sounds great. Keep up the activity. many in the third act of life let all these things go and sit on the couch. It often leads to a short third act. Be careful that you don't move too close to the water! Sea levels are rising! 🙏🏽

@UgoArinzeh 3 жыл бұрын

So important to take the holistic approach - it's not just about not going into the office.

@PaulPeixoto 3 жыл бұрын

Agreed! Thanks for watching, Ugo.

@choosetoshine2610 3 жыл бұрын

Great tips! New subscriber.

@PaulPeixoto 3 жыл бұрын

Thanks, Paula! Let me know if there is anything I can help you with if you're making that retirement transition. My email address is in the "about" section of my YT channel page. And thanks again!

@choosetoshine2610 3 жыл бұрын

@@PaulPeixoto So kind of you. I'll definitely be in touch! Thanks so much.

@Demy1970 Жыл бұрын

Yes

@PaulPeixoto Жыл бұрын

Glad you liked it!

@Demy1970 Жыл бұрын

Thanks Paul

@PaulPeixoto 3 жыл бұрын

Various forces have aligned to convince us that retirement is the only option to terminating our career. Not so. Check out my latest video: You've Been Hacked! to see your options > kzfaq.info/get/bejne/ad2FhL2X2J_ZfIU.html

@sammencia7945 Жыл бұрын

Why would you want to retire? Everyone who retires talks about finding a worthy endeavor, socialising with others, giving structure to their time, giving meaning and purpose to their lives. In other words people want A JOB in retirement. Duh

@PaulPeixoto Жыл бұрын

I agree. I dislike it when people say, "I'm keeping busy." As if they are looking for things to fill the time until they die. Why not seek a new purpose? The third act of life is a fantastic time to explore new expressions of yourself, things your career got in the way of.

@whacked00 Жыл бұрын

Some good thoughts, but the music is very irritating. It is like being in a hotel elevator.

@PaulPeixoto Жыл бұрын

I love elevator music! Glad you found the video helpful.

@Essays4College 6 ай бұрын

Why do so many retirees just sit home all day?

@PaulPeixoto 6 ай бұрын

Because that's what they've desired to do their entire lives. Many hated their work, so retiring from it was the objective from the start.

@Essays4College 6 ай бұрын

@@PaulPeixoto That makes sense Mr. Peixoto. Do you think retirement is a bit different then for those who are, or were, self-employed?

@PaulPeixoto 6 ай бұрын

@@Essays4College Yes, I think it's very different for most self-employed. I'm one of those. I do the work I do because I love it. It's not physically demanding so I can continue to do it into my retirement years. I have complete control as I can slow down with each passing year and take off any time I choose during the year. This is where retirement is changing. It's not a line drawn in the sand, a date at which you expire.

@ltcajh 2 жыл бұрын

Once you give up your job, that’s it, nobody wants you anymore! If you look for a job, the one you find, if you find one, won’t be at the level you were at.

@PaulPeixoto 2 жыл бұрын

That's very often the case, Itcajh. That's why I advocate for creating your own job. This third act of life is the perfect season to go entrepreneurial. It's never been easier (due mostly to tech) and provides a much better, supplementary income stream than being a Walmart greeter.

@Essays4College 6 ай бұрын

Even that's rare. Most of the retirees I know don't work. They are home most of the day. I'm curious about this though. People talk about saving and their 401k and all that but when it actually comes to that age they are not doing most of those things or spending the money they worked so hard and long for! Why is this??

@socalrob26 Жыл бұрын

Wow!!!! The intro was way too long

@PaulPeixoto Жыл бұрын

Sorry. Hope you stuck around for the message!

@renzenker2526 5 ай бұрын

Too bad it's always about the USA.

@PaulPeixoto 5 ай бұрын

I think the transitions I mentioned in this video are applicable to all retired humans. Are there specific issues in your country you'd like to see me address?