Retirement planning is often perceived as simply having a financial plan in place, but it is much more than that. Yes, financial planning is essential, but it is only one aspect of preparing for retirement. It’s only one piece of the puzzle. Because, you see, a financial plan doesn’t retire. A person does.

I learned this the hard way. 

If you’re anything like me, when you start thinking and planning for retirement, you automatically dial up your financial advisor (or in my case, find one). You discuss investments, the financial market, 401(k)s, IRAs or pensions. Whew! Just the thought of it made my head spin. And, my husband? Well, let’s just say he made sure I was always there so he could just check out mentally (and he did).

You might even Google “retirement planning.” And, when you do, you get more of the same. It’s all about finances.

But, in reality, retirement planning should be a comprehensive approach that takes into account various other factors as well. Because, let’s face it, it’s not just your financial plan that retires, it’s a person that retires. And, that person has thoughts, feelings, and emotions. Something that a financial plan can’t really relate to.

At least that was my experience.

So, let’s dive into some other areas that need to be considered when planning for retirement. That way, just like me, you’ll be in a much better position to actually enjoy the next chapter of your life. 


Health is a critical component of retirement planning. As we age, health problems become more common, and medical expenses can increase significantly. Therefore, it’s vital to ensure that you have adequate medical coverage in place, and you have a plan to deal with any health problems that may arise.

But, doesn’t that seem like more of the same? It’s about finances again, and we’ve already established that it’s more than that.

Retirement planning requires you to take proactive steps to ensure that you remain healthy and active throughout your retirement years so you can enjoy a fulfilling retirement. Some of the things you can do to maintain optimal health include:

  1. Regular exercise is critical to maintaining good health, especially as you age. Regular exercise helps to keep your muscles and joints strong, your heart healthy, and your mind sharp.
  2. Eating a balanced diet that includes plenty of fruits, vegetables, lean proteins, and whole grains can help to prevent chronic illnesses such as diabetes, heart disease, and cancer.
  3. Regular check-ups with your healthcare provider can help to identify potential health issues early on, which can lead to better outcomes.
  4. Stress can have a significant impact on your health, so it’s important to have a plan in place for managing stress. This could include things like meditation, yoga, deep breathing exercises, journaling, essential oils, or even therapy. Just find what works best for you.

Deep breathing exercises, for example, are a simple and effective way to reduce stress and anxiety. By focusing on your breath and taking slow, deep breaths, you can activate the relaxation response in your body, which can help to reduce stress.

Journaling is another technique that can help to manage stress. Writing down your thoughts and feelings promotes self-reflection and can help identity trapped emotions, and both can lead to greater clarity and reduced stress levels.

Essential oils are another tool that can help to promote relaxation and reduce stress. Lavender, for example, is a popular essential oil that is known for its calming properties, while peppermint can help to promote mental clarity and reduce stress.

Incorporating these techniques into your daily routine can help to reduce stress and promote overall well-being, which is an important part of retirement planning. By taking care of your mental and emotional health, you can enjoy a more fulfilling and enjoyable retirement.

Finally, be sure to avoid harmful habits such as smoking and excessive alcohol consumption which can have a detrimental effect on your health.


Retirement is often seen as a time to relax and enjoy the fruits of your labor. However, to do that, you need to have a plan for how you will spend your time. This includes thinking about your hobbies and interests, social activities, and even where you will live.


Retirement is also a time to focus on building and maintaining relationships. This could be with family members, friends, or even your community. It’s essential to make sure that you have a plan for staying connected with the people who matter to you.

Emotional well-being

Retirement can be a significant change in life, and it’s not uncommon for people to struggle with the transition. It’s crucial to have a plan in place for maintaining your emotional well-being. This could include things like volunteering, taking up new hobbies, or even seeking counseling if necessary.

Legacy planning

Legacy planning is another critical aspect of retirement planning. This involves thinking about what you want to leave behind for your loved ones and the impact you want to have on the world. This could include things like creating a will, setting up a trust, helping family members, making philanthropic donations, or simply inspiring others to be the best version of themselves.

More and more people are unsettled (and some downright unhappy) in retirement. They planned for it from a financial perspective, but they’re truly lost as a person in this phase of their life. I know I was. But, all is not lost. As soon as I figured out that the financial plan was just one piece of the puzzle and I took a fresh look at this retirement chapter from a comprehensive approach that took into account all the other puzzle pieces such as health, lifestyle, relationships, emotional well-being, and legacy planning, I got back on track. I’ll be teaching how I did that in my upcoming course, Next Chapter Plan™ Academy. Doors open soon. Get on the waitlist so you’re the first to know.