Why do people get depressed after retirement?

Loss and loneliness
The divorce rate typically increases during the first few years of retirement, leaving many living alone. A 2003 study published by the Journal of Aging and Mental Health found the most significant contributor to self-reported depression was a sense of loneliness.


Is depression normal after retirement?

Depression after retirement is also common. It's estimated that almost one-third of retirees in the United States develop symptoms of depression at this stage of life. Managing depression is possible, though, and self-care and support can make a difference.

Why am I not happy in retirement?

There are many reasons why the transition into retirement can be emotionally challenging, including boredom and loneliness. Retirement can have surprising outcomes. For example, people may see their grandchildren less than expected or miss a job they hadn't enjoyed.


How does retirement affect your mental health?

People who retire involuntarily are often less satisfied with their lives and suffer from worse mental health than those who retire voluntarily. People experiencing financial strains — a common result of unexpected retirement — may be more vulnerable to depression and other mental health problems.

How do I not get depressed in retirement?

#1 Do Things You (Used To) Enjoy

Even if you don't feel like it, it's important to get out and do things you enjoy. Whether it's going for walks, volunteering, or visiting friends and family, getting out of the house is a key part of staving off retirement depression.


3 Signs of Depression in Retirement



What are the five emotional stages of retirement?

Here are five stages you can expect to encounter and suggestions for ways you can help to prepare yourself.
  • Realisation. When your retirement date arrives and you're ready to realise your retirement plan, you're likely to feel mixed emotions. ...
  • Honeymoon period. ...
  • Disenchantment. ...
  • Reorientation. ...
  • Stability.


How do I cope with my life after retirement?

20 tips for a happy retirement
  1. Get your finances in order. Organise your money so you can work out what you'll have to live on. ...
  2. Wind down gently. Ensure a smoother transition by retiring in stages. ...
  3. Prepare for ups and downs. ...
  4. Eat well. ...
  5. Develop a routine. ...
  6. Exercise your mind. ...
  7. Keep physically active. ...
  8. Make a list.


What three 3 risks will you face in retirement?

Here are four of the most common dangers to your retirement strategy and the steps you can take to prepare for them.
  • OUTLIVING YOUR MONEY. Thanks to advances in medical science as well as healthier lifestyles, Americans are living longer than ever. ...
  • CHANGES IN MARKETS. ...
  • INFLATION. ...
  • RISING MEDICAL EXPENSES.


What are the main problems people face when they retire?

The top 4 retirement concerns—and how to handle them
  • Paying for health care. Health care costs are the top retirement concern for Americans. ...
  • Saving enough money. ...
  • Maintaining an income stream. ...
  • Having too much debt.


What is the hardest thing about retirement?

For many people, the hardest tasks in retirement are establishing a structure and personal relationships to replace what they had in their work environments. Work dictated the structure of their days and weeks for decades. In retirement, that structure has to be replaced.

What do retired people do all day?

Retirees enjoy over seven hours of leisure time per day, according to 2019 data from the American Time Use Survey. They use their newfound free time in a variety of ways, including taking up new hobbies, relaxing at home, watching TV and lingering over daily activities. Many retirees also continue to work or volunteer.


How do I cope with loneliness after retirement?

10 Ways To Cope With Loneliness In Retirement
  1. Take up a new hobby. Retirement gives you a great opportunity to pick up old hobbies, or even explore new ones! ...
  2. Volunteer for a good cause. ...
  3. Join a social group. ...
  4. Join a book club. ...
  5. Connect with others online. ...
  6. Join a gym. ...
  7. Talk to a therapist. ...
  8. Join a bowling league.


What is retirement blues?

In retirement, you expect to have more time — but to do what? Doing either too little or too much can lead to the same symptoms, such as anxiety, depression, appetite loss, memory impairment, and insomnia.

Are most retirees happy?

Early research on the relationship between retirement and happiness is derived from psychology, and mainly describes the relationship between retirement and happiness. These studies concluded that retirement is associated with lower life satisfaction, depression, and lower happiness (9, 10).


What is the 3 rule in retirement?

Once you have an estimate of your annual retirement spending, you can begin to work out how much you need overall by multiplying your annual spending by the number of years you expect to spend in retirement, figuring in an extra 3% per year for inflation.

What are the 4 pillars of retirement?

The overwhelming majority of retirees say that all four pillars—health, family, purpose and finances—are essential to optimizing well-being in retirement.

What matters most in retirement?

The majority of retirees say that good health is the most important ingredient for a happy retirement, according to a Merrill Lynch/Age Wave (opens in new tab) report.


What is the best age to retire to enjoy life?

Study after study show most Americans are “disengaged” from work. Therefore, most of us would rather retire sooner than later. 18% of Americans retire before the age of 54. Thus, the ideal retirement age should also be under age 54.

Does retirement cause loneliness?

Retirement can be a cause of loneliness, as it can lead to a loss of social interaction and a sense of purpose. For many people, work provides not only a source of income, but also a place to interact with others and feel like they are part of something larger.

What phase of retirement are people most satisfied?

Stage 5: Stability

The final stage of retirement brings feelings of being content and feeling positive and happy in retirement and your new life.


During what phase of retirement are people most satisfied?

Reconciliation. This last stage of retirement kicks in about 16 years after retirement day, when many people feel relative contentment in their retirement.

What not to do in retirement?

Plan for healthcare costs in retirement, pay off debt and delay Social Security until age 70 to help maximize your benefits.
  • Quitting Your Job. ...
  • Not Saving Now. ...
  • Not Having a Financial Plan. ...
  • Not Maxing out a Company Match. ...
  • Investing Unwisely. ...
  • Not Rebalancing Your Portfolio. ...
  • Poor Tax Planning. ...
  • Cashing out Savings.


How long does it take to get used to retirement?

The stage before you actually retire involves imagining your new life and planning for it. This stage can last 5 to 15 or more years before your actual retirement date. Most people shift their focus from building their careers to focusing on the financial planning aspect of retirement.


At what age do people feel the loneliest?

Most notably, researchers found that loneliness rates peak among people in their 20s, and reach their lowest point among those in their 60s. Many people also experience a spike in lonely feelings around their mid-40s. These findings are as confounding as they are surprising, at least initially.

Why are seniors so lonely?

Older adults are at increased risk for loneliness and social isolation because they are more likely to face factors such as living alone, the loss of family or friends, chronic illness, and hearing loss. Loneliness is the feeling of being alone, regardless of the amount of social contact.