Many Americans are not only financially unprepared to retire – some fear retirement more than death, a recent survey shows. About 61% of working Americans are more afraid of retiring than of dying, and 64% fear retiring more than getting divorced, according to a national survey for LiveCareer in June.
MLE note: Whether it’s fear, confidence (lack of), uncertainty, or other words that often appear in surveys and research regarding retirement, the focus is almost entirely focused on the financial contributing factors.
It is also important to keep in mind that the apprehension regarding retirement- no matter the term(s) used- oftentimes include thoughts and feelings about “What comes next?” This often includes thoughts and feelings regarding purpose, meaning, values (what’s important), legacy (non-financial), how to spend time (longevity), and the end of life- the end being closer than the beginning.
These also contribute to the fear of retirement.
