However, experts say that after the celebration has ended and the novelty of retirement has worn off, it can affect women very differently than it affects men. And while a lot of this has to do with how the two view their relationship with their jobs and the people they work with, psychologists say that it's more than just the different ways men and women relate to their work.
Retirement can affect women in a variety of ways, according to Dr. Linda Dolin, Medical Director, The Sylvia Brafman Mental Health Center. "In many cases, retirement can empower women by giving them more time, reduced stress, and increased freedom to focus more on self-care," she says. "It’s often a time when they get to pursue new interests or explore prior interests that they had previously sidelined due to work and family-related responsibilities."
Women generally have a longer lifespan than men, Dr. Dolin adds, so it is more common for them to spend more years living on their own. "This can come with significant emotional and financial stress, though it can also be a strong source of connection and sympathy with other women."
There's also a physical component to consider, according to Sara Sloan, a Marriage and Family Therapist at Austin Concierge Therapy, who says that the hormonal shifts that take place during menopause can also come into play. "Menopause causes a significant drop in both estrogen and progesterone," Sloan says, noting that during this same time, many men experience a drop in testosterone as well. These changes to mood regulation, energy, and sleep can all impact the two in different ways, especially when it comes to how they experience retirement together at home.
How Can Women Enjoy Retirement More
"Finding community with other people can increase their overall enjoyment of life while also safeguarding their mental health," she says, noting that strong friendships provide an emotional outlet, while stimulating conversation helps safeguard the brain from cognitive decline.
Pursuing activitesJoining groupsVolunteeringFocusing on self-care
Related: Gen X Is More Worried About Retirement Than Boomers— And Psychologists Say That Fear Is Doing Real Damage
If that's not working, Dr. Dolin says to try reframing the idea of retirement in your mind, thinking of it not as "the end of the road," but instead looking at it as the beginning of the next chapter.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
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