When planning for retirement, people usually think of money and getting their financial plan in order. Certainly that is, and should be, the number one priority. Without an income in place it would be difficult to enjoy retirement!
Few take into consideration the emotional issues related to retirement, especially if both spouses, or partners, retire at the same time. When you consider that you will potentially spend around 2500 more waking hours with each other per year, how is that going to affect your relationship?
Furthermore, what do you enjoy doing with your time? Depending on genetics and health you may have another 20 – 30 years together. Many say they will travel but realistically, if they did not travel much before retirement, it is unlikely they will do much after retirement. Many say they will golf more but that does not usually last many seasons either.
As career development practitioners we see quite a few retirees looking for work. While one may suspect it is because of financial need most times it is because they are bored, want to feel useful, or are escaping a spouse!
Something to consider as part of your pre-retirement planning is to have a Myers-Briggs Type Indicator assessment done as a couple to better understand your relationship and communication styles to avoid the conflicts that may occur. It can also help to identify your role in the leisure activities you choose to do either individually or together.
The financial plan is important but being aware of, and preparing for, the potential emotional issues is equally important to a happy and fulfilling retirement.