Finances may be what comes to mind when you think about preparing for retirement. While important, it’s only part of the equation. Depending on how much your identity is tied up in your work, effort will be needed to find what will fill you up after school’s out for the last time.
A fall 2023 retiree survey in the Carrick on Money newsletter published in the Globe and Mail revealed factors like focusing on health, family connections and finding day-to-day freedom should be considered alongside finances.
"I think a lot of people focus on the financial aspect of retirement. A lot of my clients talk about it after. They say they were worried about finances, and in retrospect, that they should have done more to prepare for this massive change emotionally,” says Cindy Brcko, a Toronto-based registered social worker specializing in working with older adults.
Feelings during the transition to retirement can range from excitement and relief to sadness, dread and everything in between. Whatever you feel as you retire, it can help to remind yourself that you’re not alone. And with RTOERO, you won’t be. Our ultimate retirement planning bundle for education workers is designed with you in mind to help you get retirement-ready with confidence – financially, socially and emotionally. Download it here: rtoero.ca/retirement-bundle/