doing retirement all wrong
If Netflix And Golf Are Your Retirement Goals, You're In Big Trouble
Retirees look forward to doing nothing all day. Turns out that's a big mistake.
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The Lede
When we think of retirement, we often think of endless leisure and zero responsibility. You might imagine yourself relaxing poolside with a book, strolling through a golf course, or binge-watching TV shows. In fact, many retirees live like this. But more research is finding that both physical and social activity are crucial for well-being in old age — they keep people happier and living longer. But that's not what most people are doing. Americans are doing retirement all wrong.
Key Details
- The 2023 American Time Use Survey found that adults between 65 and 74 spent, on average, almost seven hours a day on leisure and sports, with four of those hours spent watching TV.
- About a third of American adults have said they struggled in transitioning to a life without work, and sedentary lifestyles are associated with earlier death.
- We're working longer and living longer. That has created two problems: People need to figure out how to pay for a longer retirement and how to spend their time.
