Walmart greeter (NBC News video screenshot)
(FOX BUSINESS) – Retirement, even without growing concerns over a potential recession, has provoked feelings of stress and anxiety within people who have spent decades building up a career or running a business, according to an industry expert.
"Any type of change that you make can be perceived as a loss because you're giving up something to go to something else," Michael Liersch, the head of wealth and investment management advice and planning at Wells Fargo, told FOX Business.
Retirement isn't sitting on Adirondack chairs and gazing at the sun, Liersch said. Instead, it's a drastic shift from a familiar lifestyle that gives you a lot of social and cognitive benefits in terms of the challenges that you confront, he added.
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