Blog 337 - Impact on lifestyle after retirement

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The world population is rapidly ageing as a result of increasing life expactancy and low fertility with a faster pace in high-income countries and huge societal impact. As estimated, that by 2050, older people (above 60) will account for more than one-fourth of the population in all the continents apart from Africa with Europe peaks at 35%. As pension reforms across the world attempt to adapt to the ongoing demographic transition to evaluate their impact on health and welfare move towards the fact that people live long years after retirement compared to the past.    

Transition to retirement has an independent effect on perceived health status, physical activity and selected behaviourial risk factors. It should be identified as a target moment for preventive interventions so as to promote health and wellbeing in older ages. Retirement itself is a life-course transition likely to top affect behaviourial risk factors' patterns and ultimately health after retirement. A negative balance between healthy and unhealthy behaviourial patterns attached to retirement add to the burden of late -life chronic conditions, with ultimate effects on disability, mortality and high direct and indirect costs. 

Retirement is a turning point in individual's life making the passage into the long last stage of adult life. Adopting new healthy lifestyles is not easy at an older age. Everything changes post retirement. From our daily activities to our daily spending habits go through change. We become cautious with our time and money and donot overindulge in anything keeping our income in mind. Given below are some of the lifestyle changes one goes through post retirement : 

1. Abundance of time, lack of stable income - Making changes like not eating outside and eating a simple home cooked food. Right from waking up time to pursue hobbies and things one could'nt do due to lack of time earlier. 

2. Hiring external help - Quite possible, one may need to hire a help to extend medical support in case it becomes necessary.

3. Health care expenditure - Old age brings in ailments.Medical expenses may see a rise like health insurance premiums which one cannot curtail.

4. Need for experiences than materials - Rather than spending money one may like to get some experiences like attending some class etc. for knowledge enhancement.

5. Loosing identity, feeling isolated, experiencing decline in how useful, important or self confident one feel, adjusting routine and maintaining independence now you are at home with your spouse. 

The average person has roughly 20 years of life remaining after retiremenr - time enough to write a masterpiece, mentoring youth, run marathon etc. Retirement allows one to recognize accomplishments, understand and forgive perceived failures and set a new course of life. 

As one has rightly said, half our life is spent trying to find something to do with the time we have rushed through life trying to save. There is even time to do nothing. The inability to manage free time often leads to depression, emptiness, insomnia and other related issues. This is further compounded when one fall back on the support system that we had at the workplace. 

Rightly said you don't stop laughing when you age, you age when you stop laughing.The best part of retirement is that one need not worry of being caught for doing nothing. It's better to live rich than to die rich.


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