So you think you're ready for retirement? - IMD business school for management and leadership courses

Welcome to your quiz - So you think you're ready for retirement?

Take this quiz to find out if you’re really ready – and read on for tips on managing the psychological transition.

1. When you picture retirement, do you see …

a) A passport full of stamps, a crammed social calendar and your best-selling memoir on the mantelpiece.

b) Binge-watching Netflix series, afternoon naps and “We’ll see what happens.”

c) A vague blur. Do I really need to think about this now?

2. Your financial retirement plan is...

a) So dialled in you could give a TED Talk on it.

b) Roughly sketched on a cocktail napkin somewhere.

c) Still in the ‘to-do-list’ stage.

3. How do you feel about stepping away from your executive role?

a) Pumped – bring on the fresh air and cut out the emails!

b) Conflicted – I like the idea, but I’ll miss the action.

c) Anxious – my title is my identity.

4. Have you got a post-retirement game plan?

a) Yes! I’ve got passion projects, travel plans and a new book in the works.

b) Sort of... I’m thinking about consulting or writing a book. Maybe.

c) Plan? I figured I’d just wing it and see what sticks.

5. How’s your exit strategy looking?

a) Solid – I’ve mentored my successor and the team’s ready to fly.

b) Getting there – some hand-off pieces are in motion.

c) Yikes! I might be the only one who knows how half this stuff works. Anyway, aren’t exit strategies for startups?