In partnership with MassMutual, PSB Insights conducted a survey of 2,000 American household financial decisionmakers to better understand retirement. The study compares expectations of pre-retirees to the experiences of actual retirees to better understand the perceptions versus reality of retirement and determine how one can feel happy and relaxed in retirement.
See the full press release here.
Key findings
- While happiness is found in retirement, pre-retirees may have unrealistic expectations about the level of happiness and excitement they will experience.
- To achieve happiness in retirement, it is crucial to work on financial and physical health prior to retiring.
- Happier retirees tend to be more active, engaging in activities like exercise and pursuing hobbies, and spend more time with loved ones during their free time.
- In contrast to current retirees, most pre-retirees don’t see retirement as an end to work, instead expecting retirement to bring either a shift in focus or less work.
For more information, please contact Cindy Malone at cmalone@psbinsights.com.