Liz Weston: The mental health risks of retiring

The late Pamela Hixon of Leipsic, Ohio, was eager to retire from her job running a hospice agency. Six months after retiring, she took her own life. “She lost purpose, she lost significance, she lost a sense of meaning in her life,” says her son Tony Hixon , a Findlay, Ohio-based wealth manager who wrote about the experience and how it transformed his financial planning practice in a book, “Retirement Stepping Stones: Find Meaning, Live with Purpose, and Leave a Legacy.”

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