What is it that people look forward to? Most want time to pursue their interests and doing things they love. Some people have managed to combine all this by the traditional interest-led approach, doing things they love, starting up a blog, gaining readership, and then selling advertising space on their blog, or affiliate marketing and other things associated with making money from a website. For others, this lure for things they like is compromised by the need of having to make a living, and hence this is shelved while having to earn a living and put off until retirement.
For most people, retirement would be when they would be able to have the time and money to indulge in things they put off earlier. Some people have combined the starting of a blog and retirement, and made a living by blogging (and gaining a readership) about how they have or intend to retire early.
Retirement. Out of the rat race. All the time in the world. For most people, retirement is the time to look forward to.
A recent study however suggests that retirement is not all that wonderful. Despite it being seen as the time of the life where financial freedom has been achieved and time is flexible, it has been suggested that the onset of mental decline starts with retirement.
The Daily Telegraph reported that retirement caused brain function to rapidly decline, and this information had been provided by scientists. It further cautions that those workers who anticipate leisurely post-work years may need to consider their options again because of this decline. Would you choose to stop work, if this meant your mental faculties would suffer and you would have all the free time in the world but not the mental acuity?
Retired civil servants were found to have a decline in their verbal memory function, the ability to recall spoken information such as words and names. It was found that verbal memory function deteriorated 38% faster after an individual had retired than before. Nevertheless, other areas of cognitive function such as the ability to think and formulate patterns were unaffected.
Even though the decline of verbal memory function had some meaningful relevance, it must be made clear that the study does not suggest anything about dementia or the likelihood of that happening. There were no links drawn with dementia. Just because someone retires does not mean they are more likely to develop dementia.
The study involved over 3000 adults, and they were asked to recall from a list of twenty words after two minutes, and the percentages were drawn from there. The small sample size, not of the adults, but of the word list, meant the percentage decline of post-retirement adults may have been exaggerated.
Look at this mathematically. From a list of twenty words, a non-retiree may recall ten. A retiree may recall six. That difference of four words is a percentage decline of 40%.
Ask yourself – if you were given a list of twenty words, how many would you remember?
It is not unsurprising if retirees exhibit lower abilities at verbal memory recall because the need for these is not really exercised post-retirement. What you don’t use, you lose. We should not be worried about the decline, because it is not a permanent mental state, but it is reversible; in any case the figure is bloated by the nature of the test. If a non-retiree remembers ten words, and a retiree makes one-mistake and remembers it, that would be promoted as a 10% reduction in mental ability already.
Furthermore, decline is not necessarily due to the lack of work. There are many contributing factors as well, such as diet, alcohol and lifestyle. Retirement is not necessarily the impetus behind mental decline. Other factors may confound the analyses.
The research did not involve people who had retired early. For example, hedge fund managers might have retired in their forties. But you would struggle to think that someone in their forties would lose 38% of verbal memory recall.
Would a loss of 38% of verbal memory have an impact on quality of life? It is hard to tell if there is the evidence to support this. But the results point to a simple fact. If you want to get better at verbal memory, then practice your verbal memory skills. If you want to get better at anything, then practice doing it.
Was this piece of news yet another attempt by mainstream media to clog paper space with information – arguably useless? You decide.