Analyze the modern definition of man and you would find that he has become a machine. Hectic schedules, lot of pressure, obligations etc that are required to keep afloat in this cut-throat competition has made him a mere mechanical structure. This situation becomes even more intense when he retires. All day and night he is surrounded by thoughts. Whether staying in the current residence would be good? Is retirement community the best place to stay? What will happen if I get ill? What will I eat? And the list is endless. The answer to these entire questions is to look for retirement plans before retirement itself.

However, most of the people think about these questions when he is already retired. Things like retirement investment, retirement income etc, which should have been pondered upon before retirement, is being taken into consideration after retirement. Strange, is it not? This incongruity is brought by the lack of knowledge about what they would need after retirement. They only have one thing in mind, peace, solace, rest etc. Ask yourself, whether these things would be able to make you live. Without any doubt, no!

Here’s is a list of what you may need to sustain your life after retirement.

Psychological Needs

Psychological needs include basic needs like food, shelter, clothing and others. Whether before retirement or after, these three parameters would always play an important part in your life. Whatever, your retirement plan is; make sure that these things are their epicenter.

Safety needs

Safety needs, after retirement, also has an important act to play. Off course, we need stability, protection and on top of that a society with a better law and order norms. With physical assaults on senior citizens rising like never before, this need should not be ignored in any case.   However, this safety need is not only about physical protection but it also includes financial protection. Most of the retirees choose pension system as one of the forms of security.

Belonging need

Belonging needs are, however, not in your hands. It is the warmth and love that you get from your friends, family and society. You reap what you sow. No doubt, you are very busy but it is also important to maintain good rapport with your old mates, family, society etc.

Self-esteem need

Though most of the people would remember all the above said three needs while sorting out their retirement plans but they would definitely forget this one. Now, this need is fulfilled through fame, dignity, status and ability to make and influence decisions both in community and family.   

Need for Self actualization

This is the need which no one can fulfill but always caters for. It is actually the endless force to be everything that you can be or that you can achieve.

Apart from the last needs, all the above said needs should be properly analyzed and then implemented in to your retirement plans. Moreover, most of the government and non-government organization are coming up with a good retirement plan to help retirees. But we need to wait and watch how much they will be efficient enough to sort out every problem.