3 Retirement Fairy Tales on Social Media: To Be Happy, Don’t Believe Them!

The secret to a happy retirement can’t be found in the smiling fairy tale you see on Facebook. The fact is, while retirement has its joys, it also has its share of existential challenges. So, to be happy, be realistic, and do not believe these three myths.

A woman wears butterfly wings in a dark forest.
(Image credit: Getty Images)

Social media has altered our perceptions of success, relationships and even retirement. Think about those stylized photos of older adults frolicking on the beach and strolling down cobblestone streets. Yes, those photos may look great, but they’re not the whole picture.

No matter what type of designer retirement you think you have put together for yourself, bereavement, illness, ennui and financial challenges happen to everyone. No amount of wealth, success or planning can make you impervious to them … but you can prepare yourself for them. And in doing so, you may create a retirement that’s richer, more fulfilling and more real.

Disclaimer

This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Jacob Schroeder
Contributor

Jacob Schroeder is a financial writer covering topics related to personal finance and retirement. Over the course of a decade in the financial services industry, he has written materials to educate people on saving, investing and life in retirement.

With the love of telling a good story, his work has appeared in publications including Yahoo Finance, Wealth Management magazine, The Detroit News and, as a short-story writer, various literary journals. He is also the creator of the finance newsletter The Root of All (https://rootofall.substack.com/), exploring how money shapes the world around us. Drawing from research and personal experiences, he relates lessons that readers can apply to make more informed financial decisions and live happier lives.