Weekend Reading: Why 72% of Retirees Are Happy

This article appears as part of Casey Weade's Weekend Reading for Retirees series. Every Friday, Casey highlights four hand-picked articles on trending retirement topics and delivers them straight to your email inbox. Get on the list here.
Weekend reading 72 percent retirees are happy Weekend reading 72 percent retirees are happy
Weekend Reading

How do you become a happy retiree? Previous podcast guest Fritz Gilbert delves into the differences between happy and depressed retirees, exploring nine traits he discovered amidst his research.


Money and emotions: To begin, Fritz curated a list of the financial-based traits of happy retirees, which include: Having at least $500,000 in liquid assets, owning a mortgage-free home and having multiple streams of income. Beyond this, however, Fritz found six other non-financial traits to a fulfilling retirement, which include:

📌 Curiosity: Happy retirees are curious and engaged in multiple interests.

📌 Purpose: Having a strong sense of purpose cultivates a happy life.

📌 Social connections: Having strong relationships, a spouse, close friends and/or participating in social activities contribute to happiness.

📌 Retiring at a planned time: Retiring when planned, rather than being forced to retire early, is linked to higher well-being.

📌 Personal health: Good health is associated with higher levels of happiness in retirement.

📌 Planning: Retirees who invest more time in planning their retirement – beyond financial considerations – tend to have a happier transition.

The odds of retiring at the time you expect are against you, so plan today, not tomorrow.