Retirement isn’t just about finances—it’s an emotional journey too. In 2025, new studies show a growing confidence gap, with only 11% of pre-retirees feeling emotionally prepared despite financial stability. If you’re asking “Am I emotionally ready for retirement?” or “How will I spend my time in retirement?”, this blog explores the latest research, common concerns, and strategies to bridge the gap. For many of our clients at Davenport & Associates, emotional readiness is key to a fulfilling retirement. Let’s dive in.
Recent surveys highlight a stark reality: While 77% of retirees report happiness, 64% express frustration with daily life, and only 11% felt emotionally ready when retiring. Voya’s research reveals a 55% confidence gap among pre-retirees, with health, purpose, and boredom topping concerns.
Big Question & Answer: “What are the biggest emotional challenges in retirement 2025?” – Studies show loss of purpose (64% frustration), health issues (46% factor in timing), and boredom as key hurdles.
Here are the top questions retirees ask, with insights from 2025 data:
Big Question & Answer: “How to overcome boredom in retirement 2025?” – Engage in purposeful activities like part-time work or volunteering, as 64% of frustrated retirees cite lack of routine.
Here’s a practical table of strategies to address the confidence gap:
| Concern | Strategy | 2025 Tip |
|---|---|---|
| Emotional Readiness | Set non-financial goals | Use apps like Retirement Life to plan activities; 11% readiness rate shows preparation pays off. |
| Time Spending | Build a routine | Join community groups; 64% frustration drops with structure. |
| Health | Plan for care | Secure long-term insurance; costs hit $100K/year. |
| Goals | Define priorities | Focus on family; 46% retire for health/time. |
| Ongoing Process | Annual reviews | Adjust for life changes; 55% gap closes with planning. |
| Aspect | Pre-Retirees | Retirees |
|---|---|---|
| Confidence Gap | 55% feel unprepared | 11% felt ready at start |
| Happiness | N/A | 77% happy overall |
| Frustration | High (purpose loss) | 64% with daily routine |
| Health Factor | 46% timing driver | Rising care costs $100K/year |
| Goals Achieved | Low emotional prep | 46% family time focus |
Big Question & Answer: “What is the retirement confidence gap in 2025?” – Voya shows 55% gap, with only 11% emotionally ready per FPA studies.
If health concerns or boredom loom, it’s time for guidance. 46% retire due to health, emphasizing proactive planning. Big Question & Answer:: “Is my health suffering in retirement planning?” – Address it early with care plans to avoid 64% frustration.
Emotional readiness is key in 2025, with a 55% confidence gap underscoring the need for holistic planning. Don’t let frustration (64%) overshadow your retirement—start with our free tools. Click the button below to schedule a complimentary consultation Davenport & Associates to help build emotional and financial security OR take our quick, 3 minute retirement readiness quiz to see where you stand.
Blog Reference Links:
1. Voya Retirement Study 2025: Emotional Readiness Gap – Voya’s 2025 survey on retirement confidence, showing a 55% gap and only 11% emotionally prepared.
2. FPA Trends in Retirement 2025 Report – FPA’s 2025 report, highlighting 77% happiness but 64% frustration among retirees.
3. AARP Retirement Health Survey 2025 – AARP study noting 46% retire due to health issues, with long-term care costs averaging $100K/year.
4. EBRI Retirement Confidence Survey 2025 – EBRI data on emotional challenges, including loss of purpose (64%) and boredom in retirement.
5. Transamerica Retirement Survey 2025 – Transamerica report on retirement goals, with 46% prioritizing family time but facing ongoing emotional adjustments.