Beyond the Financial Plan: What Happens Next?

Explorations in Retirement

Kathrine Livingston

Most clients I work with come to coaching to navigate a transition. By nature, transitions are fraught with complexity, which can be exciting and daunting at the same time.

Retirement is a transition with its own unique set of cross-currents:

  • This new phase won’t look like the past, and it will be shaped by your expertise and interests.
  • You’ll be guided by prior experiences, and you’ll encounter circumstances and opportunities you’ve never seen before.
  • You’ll leverage a lifetime of wisdom and confront moments of “not knowing.”

It’s no wonder that Rachel, a new client, recently described herself as “swirling” as she contemplates what to do next.

Research from the retirement field* suggests that reflecting on specific, interrelated components can be useful as one copes with the complexities of this phase:

For Rachel, reflecting on these elements offered her the opportunity to contemplate what really matters. She was able to envision what the next life phase could look like, and craft a plan in that direction. Through coaching, we were able to formulate a plan that addressed the multiple objectives she wished to pursue. She was able to slow down the swirl of ideas and adopt a mindset of navigating the future with confidence and control.

*Anchors of Retirement Wellbeing, Retirement Life Plan LLC. 2003.

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