How to Become Emotionally Ready for Retirement w/ Morningstar’s Samantha Lamas

In this episode, Rory speaks with Samantha Lamas, a behavioral researcher at Morningstar, about the crucial but often neglected aspect of retirement: emotional preparedness. Discover how retirement is evolving beyond the traditional notion of leisure and why it’s essential to consider the psychological transitions alongside financial planning. Learn why Samantha emphasizes the importance of routines, social connections, and redefining life purpose to ensure a fulfilling retirement. She shares insights into the Perma-V framework and how it can help retirees align their financial goals with their life values, creating a more meaningful post-work life. Samantha also offers practical tips such as mapping out an ideal week before retirement and incorporating new habits like scheduling regular social interactions to maintain mental and emotional well-being. Are you wondering how to help yourself or your clients emotionally transition into retirement? Do you want to know what steps you can take to build a purpose-driven retirement plan? Find out the answers to these questions and more in this engaging discussion with behavioral researcher Samantha Lamas.

Perma-V Framework: https://positiveworkplaces.squarespace.com/articles/empowering-self-through-permav-model How Advisors Can Create Financial Plans That Reflect What Investors Really Want: https://www.morningstar.com/financial-advisors/how-advisors-can-create-financial-plans-that-reflect-what-investors-really-want