AgeLab Director Joseph Coughlin writes in Forbes on a case study of the surprising challenges Americans face in retirement:
Alex and Lee are similar to many people planning for retirement. They believe in a retirement story that tells us that if we save, invest and plan there is an endless list of things to do and a life of leisure that awaits us. The only work to be done is choosing from a seemingly unlimited range of family activities, hobbies and vacation destinations.
The dominant storyline of retirement is powerful. The narrative of reward and leisure motivates many of us to save, plan and eventually bring careers to an end. But, the retirement story of working and then reaping reward is incomplete – the story gets us to retirement, but provides little guidance of how to live in retirement.
Read Dr. Coughlin's thoughts in full on Forbes.