How to Rock the Transition to Retirement

In an analysis of more than 8,000 retirees in Europe, it was discovered that people’s verbal memory, the ability to remember a set of words after a certain time, in general, deteriorated more rapidly after retirement, compared to when they worked. However, another study, carried out in England, showed that other capabilities, such as abstract reasoning, are not affected. “There are some indications that retirement could be bad for cognition, bec…

How to Rock the Transition to Retirement

Some things in life are easier not to think about, like death, taxes or facing a major transition such as retirement. Fortunately, my son, a financial advisor and business owner, had one of those “Mom, let’s sit down and talk about your finances” discussions with me several years ago. At the time I felt like a young, 54-year-old child getting the sage advice we parents are supposed to dole out. Naturally, I got good advice, and that discussion h…