Fac­ing the stress of re­tire­ment

The Star Late Edition - - OPINION & ANALYSIS - DAILY MAIL

RE­TIRE­MENT is sup­posed to be the time when we take things easy and re­lax af­ter the pres­sures of work.

But a study has found that nearly one in five of those who re­tired in the past ten years is now more stressed than when they were in em­ploy­ment.

They blame many of their prob­lems on fi­nan­cial pres­sures and be­ing treated as free child­care by rel­a­tives. And nearly a quar­ter of re­tirees wish they had stayed at work for longer.

Eigh­teen per­cent said they were more stressed since re­tire­ment, while 13% said their health has suf­fered since giv­ing up work.

Newly-re­tired women were more likely to re­port feel­ing more stressed, at 23%, com­pared with 13% of men. Miss­ing for­mer col­leagues was re­ported as the big­gest re­tire­ment let-down, with 35% say­ing they miss the so­cial in­ter­ac­tion of work.

And one in five re­tirees feel they have lost part of their iden­tity since leav­ing the work­place.

For many pen­sion­ers, their de­pleted fi­nances were the source of most anx­i­ety. The sur­vey by Pru­den­tial found that 29% miss their pay packet, while one in eight com­plain their adult chil­dren still ex­pect sub­si­dies from the “bank of mum and dad”. A fifth also said be­ing a source of free child­care is a cause of stress.

Of the more than 750 re­tirees sur­veyed, only 13% said they are dis­ap­pointed with how their re­tire­ment has turned out. – Daily Mail

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