Posted on November 7, 2012 | Financial Planning
Retirement is a passage from one lifestyle to another. One way to think of the term “retire” is by placing a hyphen between the ‘e’ and the ‘t’ and creating a new term—re-tire: To put on new treads.
Those who take the voyage seriously and do the right kind of planning usually have a smoother trip and more fun.
Discussions with seasoned retirees indicate that there are many myths and misconceptions about retirement. Often you will hear these myths stated as fact. Here are some of the most common ones.
Some people, including women, continue to believe that only men retire. This misconception ignores the career women who have the same retirement adjustment problems that men have. Also, it falsely assumes that women not holding down 9-to-5 jobs cannot retire. This may stem from the old saying: “A man’s work is from sun to sun, but a woman’s work is never done.” Homemakers often have a more difficult voyage than those who retire from a job. Women who have been homemakers all their lives need to insist on being a full partner when their spouses retire.
One reason the myth may continue is that women sometimes lose their spouses early. The transition of widowhood is so traumatic that it hides the equally important second passage that must be made.