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Retirement coach may be invaluable asset

06/22/11

Preparing for retirement can be a dream come true for some people, but for others the idea of doing nothing all day may be seem like a long, slow trip to death. The culture of the retiree has changed with medical advancements and overall health improvements. This may constitue a collective mental reconfiguration of what it means to be a person in their 60s in America, according to CNNMoney.

The ever growing field of retirement coaches is aiming to capitalize on this very market of individuals. People who have spent the past 40 years running a successful business or career and then have nothing to do but golf, may not adjust very well.

A retirement coach may be able to help individuals plan their time, determining if volunteering or other types of activities may suit them. They may also be able to help fill the void that people previously got through their careers by providing a new way to find a sense of purpose and develop a vision for retirement.

Only 45 percent of retirees said they were living their dream, compared to 68 percent five years ago, according to The Wall Street Journal. It would appear that investing in annuities and a life plan to secure financial comfort may not be enough to ensure happiness after retirement begins.
 

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