Retirement is one of the Top 10 most stressful life events, according to the psychiatrists Thomas Holmes and Richard Rahe. As someone who recently began unretirement (or semiretirement), I concur. But it seems to me — as well as retirement analysts, retirement coaches and financial advisers I interviewed for this column — financial advisers could be doing a lot more to make retirement less stressful for their clients and more fulfilling.
That would mean switching from their typical myopic focus on investment performance and accumulating assets to what’s called “comprehensive retirement planning” or what MIT AgeLab chief and MarketWatch columnist Joseph Coughlin calls “longevity planning.”
Retirement planning isn’t just about ‘The Number’
As Bruce Hiland, co-author of “Retiring?” told me in my previous unretirement column, preparing for retirement…