Psychology: The “Day After”
Financial planning prepares you for the day you stop earning — but rarely for the identity, structure, and social changes that follow. This guide explores the well-documented “retirement shock” phenomenon, and introduces the concept of a “Life Portfolio” built on four pillars: Purpose (what replaces work’s sense of meaning), Routine (deliberate daily structure), Relationships (social connections beyond the workplace), and Health. We also cover phased/“bridge” retirement as a way to ease the transition (and reduce pressure on your corpus in early years), the often-overlooked adjustment of couples suddenly spending much more time together, and a practical “trial retirement” exercise to test your planned routine before making it permanent.