AP PSYCHOLOGY

Detailed explanation-1: -Retirement is another transition that can trigger this period of euphoria known as the honeymoon phase. For the first few months of retirement, you may be madly in love with the freedom of no longer having to punch a time clock brings.

Detailed explanation-2: -Honeymoon: Once you retire, a honeymoon phase is normal. You suddenly have much more free time, you may take a trip or two to places you’ve always wanted to go, and you may even relocate. But it’s a good idea to think beyond the honeymoon phase and determine what your daily retirement life will look like.

Detailed explanation-3: -In fact, there are generally four distinct phases around retirement: pre-retirement, early retirement, mid-retirement, and late retirement. Although not universal to every individual, these phases may help you envision your financial planning and lifestyle needs more thoroughly.

Detailed explanation-4: -Fifth Stage: Reconciliation & Stability In this stage, retirees are settled into a fun and rewarding retirement lifestyle, doing things that make them feel fulfilled. They prioritize simplifying their lives and living relaxing lifestyles.