This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

What Do Retirees Miss Most And Least About Pre-Retirement Life?

CHICAGO, Aug. 29, 2012 /PRNewswire/ -- Even after working for the majority of their adult lives, current retirees still miss a great deal about the workplace. 

In a recent survey conducted by Bankers Life and Casualty Company Center for a Secure Retirement(SM) (CSR), 300 retirees between ages 55 to 75 with an annual household income between $25,000 and $75,000 were asked a variety of open-ended questions about what they have learned since retirement.

When asked what they miss most about their pre-retirement life, a majority (65 percent) said they missed the daily interactions with their co-workers.  One respondent said they missed the "camaraderie and regiment setting of a work environment."  Many others said they miss having a paycheck most because they had to cut back on non-essentials due to a lack of funds.  Other responses included missing their job or profession, their responsibility at work, travel and the feeling of being productive.

However, for all of the things current retirees miss about their previous work life, there were plenty of things that they did not miss at all. 

  1. Stress at work"The grind of working and the stress of trying to hustle for a buck."
  2. Getting up early"Getting up at 6:30, showering and dressing and leaving home before 7:30 am!"
  3. Dealing with bosses"Dealing with crazy management."
  4. My job"Business, business!"
  5. Commute"Driving through traffic to get to my job."

The lack of set work demands also created a number of lifestyle surprises for those just out of the workforce.  The biggest positive lifestyle surprises respondents noted were having lots of free time to do whatever they wanted, whenever they wanted.  However, the most common negative surprises were not having enough money to follow through with those dreams.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs