Amyr Rocha-Lima on the psychology of retirement part 3: The impact of retirement

Part 3 of 3

clock • 4 min read

In the final edition of this three-part series, Chartered financial planner Amyr Rocha-Lima discusses the impact retirement can have on clients and suggests what may help them adjust to a different way of living

Men and women today may well live into their eighties and beyond. That means retirees in their mid-sixties could have a couple more decades to live. So how do we help our clients to make the most of the time they'll have available to them? As financial planners we can help our clients manage their expectations as to what retirement will be like for them - both the positive and negative aspects it may bring. By helping our clients to understand the psychological aspects of retirement, we can better prepare them for a new chapter in their lives. We've already explored The 6 Stages of Re...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FCA's British Steel pensions redress scheme pays out just £8.7m

FCA's British Steel pensions redress scheme pays out just £8.7m

Total redress was lower than £50m estimate due to ‘changing economic conditions’

Sahar Nazir
clock 24 July 2024 • 2 min read
Industry 'not ready' to address money wasted on letters of authority

Industry 'not ready' to address money wasted on letters of authority

‘The data in the LoA process needs to work for advisers’

Isabel Baxter
clock 24 July 2024 • 2 min read
One in five clients 'very concerned' their IFA or planner will retire

One in five clients 'very concerned' their IFA or planner will retire

Three in five say they will use the same firm and have another adviser

Isabel Baxter
clock 24 July 2024 • 2 min read