Living Your Values in Retirement

Your retirement is a time when you can truly live your  life in a way that is true to the values that you have. Psychiatrist Abraham Maslow called this state “self-actualization” (Maslow, 1943).

Simply put, retirement gives you the opportunity to become the person you really are, free of the pushes and pulls of daily life. That is not to say that you are immune from demands or obligations, but rather that you have framed your life goals in terms of those deeply held values that define you.

Maslow developed his “needs” pyramid as a way to describe how our needs frame our actions. Some have interpreted the pyramid as a progression through our lives. However, a better way to look at it is to understand that you may have setbacks along the way that will refocus you on lower levels of the pyramid.

For example, a financial setback may drive you all the way back to your safety needs and your preoccupation to protect what you have. Similarly, earlier in life you may have moved to the self-actualization need and had everything below looked after. Suddenly, you lose a spouse and are left with a feeling of loneliness that focuses your attention on your need for social contact.

The lowest level of the needs pyramid that is threatened will probably be your current concern. And that’s the problem with getting older—there will be many things in your life that will move you up and down Maslow’s pyramid.

The top two layers of the values pyramid represent your need for a sense of purpose and achievement.  This is usually a driving force in most people’s working life, but also in your overall life, including retirement. These needs don’t go away, though many retirees feel that retiring from work also means retiring from the need to strive for something.

Values represent your deepest desires, including how you want to relate to others, to your world, to your sense of purpose. In fact, it can be argued that values are the key driver of your sense of personal accomplishment.

When you retire, that doesn’t go away. In fact, if you have decided that your retirement transition is going to be one of self-actualization, these will be the drivers of many of the important retirement achievements and goals that you have!

Next month we will look at the values the will guide your transition into retirement – what is really important, what will shape your legacy and what makes you happy.

If you’d like to check just how much you really do understand about this phase of life, take this quick quiz. You might be surprised at some of the answers!

 

Share this post:

Share on facebook
Share on twitter
Share on linkedin
Share on email

Discover what Cambridge Partners can do for you

We offer a no obligation review of your situation, and can answer any of your questions.

More Posts

Senior Couple Walking Along Winter Beach With Pet Dog

Your Retirement Checklist

You may have 10 or more years to go and are trying to get a head start. Or you could already be retired and are going back to retool your plan, get back on track or confirm that you are already doing the right things.

Read More »
Top

Schedule A Call

Please choose a date and time for your phone call.

We will call you on the number you provide.

Select service*
Select a date and time*
Name*
Email*
Phone Number*
City*
To ensure we're prepared for your call, please provide any relevant details about your situation, and what you are looking for.

Have you got questions?

Want to know if we’re a good fit for you?

Or just want to know more about your options?

Book a free 15 minute call with one of our Associate Advisers. 

Let them know a little about your situation, and they’ll be able to answer your questions and help guide you in the right direction. 

We’re here to help.

Download Our Info Pack

Please enter your details and we'll email the downloadable info pack to you.

Check your spam folder if you do not receive our email within a minute or two.

Send a message

We'll get back to you as soon as possible