Many individuals work tirelessly to build their wealth over the years. As retirement approaches, the focus often shifts from accumulating wealth to finding ways to truly enjoy it. Why is this so important? Studies show that depression rates among retirees are higher than those of the overall older adult population. Several factors contribute to this trend: identity and self-worth are often tied to careers, social networks can diminish, and the structure of daily life changes.

When discussing retirement transitions with clients, it’s common to encounter late-career professionals who say their current roles don’t always match earlier expectations. For example, senior leaders sometimes share that positions once seen as prestigious can feel less fulfilling than imagined. This often sparks deeper questions about purpose and satisfaction, especially as their career journey comes to a close.

Finding fulfillment post-career requires intentional planning and effort. To get started, a valuable exercise involves considering what life in retirement will look like — both broadly and in detail. Thought-provoking questions like what will you do on a quiet Tuesday afternoon or a Thursday morning? And who will you spend time with? can provide clarity. Reflecting on these aspects early can highlight what’s truly important.

For retirees who’ve made the transition into retirement, here are some common themes we’ve observed from those who appear most fulfilled:

Delegating financial matters.

People can easily become emotional when it comes to managing their money, which is why it can help to consult a credentialed and compassionate financial advisor. Professional support enables retirees to redirect their focus on living life rather than obsessing over market fluctuations or portfolio balances. Instead, they prioritize experiences like traveling, nurturing relationships, or pursuing passions, using their resources to create lasting memories.

Living in the present.

Those who dwell on past achievements or lament what’s lost often find themselves stuck. In contrast, the happiest retirees are eager to embrace the present, whether it’s by learning a new skill, engaging in creative hobbies, or simply enjoying the moment. Always been curious about how to make limoncello or homemade pizza dough? Now’s the time to do it!

Sticking to their mantra.

Many retirees find fulfillment by establishing and following a personal mantra, such as, “If it doesn’t make me healthy, wealthy, or wise, I let it go.” Others focus on giving back, dedicating time and resources to causes that align with their values.

Reflecting on legacy.

For many, legacy is not just about passing on financial wealth but also sharing values and lessons with the next generation. Discussing how time, talent, and resources can shape a better future often brings a deep sense of purpose.

Of these, the pursuit of legacy and philanthropy often delivers the greatest sense of fulfillment. Whether it’s giving back, healing old wounds, or shaping a narrative for future generations, these efforts tend to create meaningful connections and joy. Some also see it as a chance to write their own history.

Ultimately, fulfillment in retirement isn’t about simply passing time — it’s about designing a life filled with purpose and connection. Transitioning from a mindset of achievement to one of enjoyment and contribution requires deliberate effort but can lead to a deeply rewarding second chapter.

For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party information and may become outdated or otherwise superseded without notice. Third-party information is deemed reliable, but its accuracy and completeness cannot be guaranteed. Individuals should speak with a qualified tax and financial professional based on their own circumstances to determine if the above scenarios are applicable.