You have successfully managed your money and have enough to live comfortably. Surprise, you may have just set yourself up for the most challenging and stressful time of your life. It turns out that after a brief busy period following retirement, 4% of retirees have severe depression and almost 25% suffer mild to severe depression. This does not include anxiety attacks or suicides.

Here is a YouTube video that reminds you that retirement means a new effort to find your pleasure, happiness and purpose and the need to find a new tribe. Just like when you were a teenager, you need friends:

This great YouTube video by a retiree discuses some truths of retirement’s challenges.

National Institute of Health (NIH) study that shows that a full 23+ percent of retirees suffers mild to moderate depression and almost 4% suffers severe depression
Link to Study

You spent 40 plus years paying attention to and planning your Breadwinning career. Work-related issues and problems filled your mind on the job and when at home. Now that is gone, but your mind has not moved on. Just like your planning for retirement where you were given financial advice on saving for retirement. You maintained a 401K, set aside money from your family for your own future use. You may have even gotten get help by engaging a financial planner to guide your investing. You were told that hobbies and vacations will fill your days with happiness and purpose. It may, but not likely. The book “Retirement How NOT to end up Tired, Bored and Lonely” is an excellent introduction to this next part of your life. In retirement you need to rediscover yourself and your new purpose.