November 2015. Retirement typically coincides with deterioration of a person's health
because of being an older age and poor health often plays a major role
in depression. The good news is that healthy elderly and retired people
are as happy or happier than when they were younger.
Retirement in itself may not contribute to depression but rather the lack of money or quality of life.
Due to failing health, many people in the later years of their lives
require assistance and some need extremely expensive treatments that
must be provided in a nursing home. Those who need care, but are not in
need of constant assistance, may choose to live in a retirement home,
but once again income and money on hand is the deciding factor.
How are you going to pay bills when you can no longer work?
