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Shades Off | Why the thought of retirement frightens me so much

  • As the moment approaches, my main fear is not a loss of freedom but having too much of it
  • The problem is that I have no idea what to do when my working life ends after four decades of full-time employment

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Elderly men sit on a bench in Sham Shui Po on December 23, 2020.  Surveys show the biggest concern for people in retirement is outliving their savings. Photo: Jonathan Wong
I’m not a fan of spiders or snakes. But even more scary to me is the thought of retirement. As that moment of my life fast approaches, the fear is heightening. It’s why I’m seeing a therapist to help prepare me for the inevitable.
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There is no shortage of people I can call on to ask what it’s like being retired. There are three types: the person who goes all-out and heads for a beach or mountaintop; the half-glass-full variety, who opt for part-time work, often doing the same as they had before for two or three days a week; and, the one who just can’t give it up, for whatever reason.

I can’t get my head around the latter, the in-between category has an appeal, and the first I find frightening. The reason is simple: in four decades of employment, I’ve never not had a full-time job.

I’m proud of having always been employed, seeing it as a measure of my abilities. But that’s also a handicap for retirement, as a colleague pointed out. If I had been out of work for a period, I would know what it feels like and be prepared. I would even know how good it can be for body and mind.

Counselling sessions can be cathartic and the reason for my fear came out during one discussion. I told my therapist I was not afraid of being arrested and spending time in prison for a journalistic error of judgment. Losing my freedom was, in a way, similar to having a full-time job and answering to a boss.

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Workers unhappy about China’s plan to change decades-old retirement age rules

Workers unhappy about China’s plan to change decades-old retirement age rules

Retirement would mean answering only to myself and being able to do what I liked, whenever I wanted – in effect, I would have too much freedom. My problem, then, is that I have no idea what to do when my working life ends.

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