Wellbeing Guide from Police Mutual Lets Talk Money – Transition into Retirement – August 2025
Your retirement brings with it a wealth of opportunities and choices. You may decide to go on and pursue a second career or start a new business. Whilst others will choose to enjoy their new found leisure time catching up on the fun things in life. It’s your retirement and your choice.
Retirement is an exciting time for most people – it’s an opportunity to finally do all the things you wanted to do, but couldn’t do before. But for many it’s also a challenging time, as they (and those around them) adjust to their new lifestyle. Most of us work and save our entire careers in hopes of achieving a relaxing, comfortable life during retirement.
However, the actual process of transitioning into retirement can bring about stress and worry.
Take stock of your situation – As a Police Officer you will probably retire at a younger age than the average person and may decide to go on to do another career or a volunteer role. For more details read our guide here.
Adjust from saving to spending – Changing your mindset from saving for retirement to spending in retirement can be a challenge, both psychologically and financially.
Look after your health – Good health is key to a successful retirement. It allows you to remain active and enjoy your retirement years.
Understand the coming life change – Beyond the financial, there are psychological and emotional aspects to think through.
Planning and preparation can help ease stress or worry when making the transition to retirement. It will help ease you into this new stage of life and help you get ready for the upcoming changes. Progress toward those goals are important throughout your life but become increasingly more crucial as retirement nears. For more details read our guide here
Read more from the Transition Into Retirement wellbeing guide HERE