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Do People Actually Like to Retire?

“The trouble with retirement is that you never get a day off.”
–Abe Lemons

Cliff’s Notes: Yes. People do like to retire. 93% of them, in fact.

There’s recently been a series of advertisements from some brokerage that talks about the first day of retirement. There are all of these stories of how great it was and how wonderful they felt and there were unicorns and bacon-flavored chocolate fountains.

Many of us talk about retirement. Most of my client engagements revolve around retirement planning. We have idyllic pictures of what retirement is like.

Except, there’s one problem with the retirement “planning” that most of us do.

We actually have no vision of what retirement is like! It’s this great, nebulous unknown. The only thing that we know is that we won’t have to get up and go to work. Beyond that, who knows?

Since we don’t really have this vision in our heads driving our planning and allowing us to sacrifice now for a desired future, it’s very easy for us to allow Monkey Brain to take over when it comes to allocating our money. Monkey Brain knows what a 183” flat screen TV will look like in the man cave. He has no idea what retirement is. That’s way out in the future. Since it’s so far out into the future, and we don’t really have a good picture of what retirement looks like, we’re very likely to subject ourselves to a psychological bias called hyperbolic discounting so that we significantly discount what happens in our future compared to what’s happening right now.

I explain how to combat this amorphous image in the article Retire TO Something. It’s critical to have a vision of where you’re going.

To continue reading this article, please click on the link below:


Jason Hull is a Fort Worth fee only, hourly financial planner who serves clients in Fort Worth, TX and Dallas, TX as well as serving clients nationwide.

<a href="https://plus.google.com/116275753988749274645/">Connect with Jason on Google+</a>

Hull Financial Planning is a Fort Worth, fee-only hourly financial advisor. The cities we serve in the Dallas-Fort Worth area include: 

Tarrant County: 
Arlington, Azle, Bedford, Benbrook, Blue Mound, Burleson, Colleyville, Crowley, Dalworthington Gardens, Edgecliff Village, Euless, Everman, Flower Mound, Forest Hill, Fort Worth, Grapevine, Grand Prairie, Haltom City, Haslet, Hurst, Keller, Kennedale, Lake Worth, Lakeside, Mansfield, Newark, North Richland Hills, Pantego, Pelican Bay, Rendon, Richland Hills, River Oaks, Saginaw, Sansom Park, Southlake, Trophy Club, Watauga, Westlake, Westover Hills, Westworth Village, and, White Settlement 

Dallas County: 
Addison, Balch Springs, Cedar Hill, Carrollton, Cockrell Hill, Combine, Coppell, Dallas, DeSoto, Duncanville, Farmers Branch, Ferris, Garland, Glenn Heights, Grand Prairie, Grapevine, Highland Park, Hutchins, Irving, Lancaster, Lewisville, Mesquite, Ovilla, Richardson, Rowlett, Sachse, Sand Branch, Seagoville, Sunnyvale, University Park, Wilmer, and, Wylie 

We also serve clients nationwide and can leverage technology to maintain our client contact and communication.


Hull Financial Planning, 2939 Crockett St. #315, Fort Worth TX 76107, (817)476-0584

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