In this stage, retirement is still 6 to 15 years away. Some people are beginning to spend more time envisioning the retirement they want and making plans. As their retirement vision becomes clearer, so does their optimism for the future.

53% have high expectations of adventure

44% report they are "on track" in preparing

One to five years before retirement, excitement continues to intensify. Financial resources are falling into place as most people are getting serious about saving. However, in the year or two before Retirement Day, the excitement is accompanied by a natural anxiety for the unknowns that lie ahead.

77% expect to enjoy retirement "a great deal"

22% say they will feel a sense of loss when
their working years are over

Retirement Day initiates this stage. During the "honeymoon" period, retirees are busy reconnecting with families, pursuing hobbies, traveling, and starting new businesses. This is the most likely stage in which people have a written financial plan.

89% say they will have enough to keep them busy

78% are enjoying retirement a great deal

One to fifteen years into retirement, many people rearrange their priorities, activities, relationships and lives. Many discover retirement is more challenging than they expected. However, those who have planned for retirement and carry a clear vision create more fulfilling lives for themselves. These retirees stand out for their ability to reinvent themselves through new adventures, hobbies and careers.

49% have feelings of emptiness

38% feel boredom

In this final stage of retirement, many people show increased levels of contentment. Although rest and relaxation become increasingly appealing, retirees often have a renewed interest in activities, hobbies and travel. They show more interest in personal reflection, as well as leaving behind financial and emotional legacies for loved ones, charities and the causes they support.