#14 Preparing Your Employees for the Retirement Journey

Previous generations have viewed retirement as the honorable mandatory stepping down of the tenured workforce. However, the change of generation brings with it a change in mindset. How one lives through the peak of one’s life dictates how the downward slope of the golden years are viewed, and the question that arises is deceptively simple: “What do I do now?” Companies address the event of retirement by preparing financial plans and investments to take care of their employees’ material concerns. The psychological aspect of retirement, however, is only recently being examined. It was found that social connectedness added to the pleasantness of the retirement process, gives the retiree a new focus, and validates the identity of the person as separated from his work.