Key Facts
• A 2025 Lincoln Financial survey found 77% of Americans view retirement as a new chapter.
• Only 38% of pre-retirees have detailed or partial plans for post-retirement hobbies.
• 39% of retirees underestimated the costs of their hobbies.
• Lincoln Financial partnered with Rich Roll to create a four-part video series on hobby planning.
• Rich Roll emphasized the importance of aligning hobbies with personal passions and societal impact.
• Lifestyle changes and longer lifespans require more financial preparation for retirement.
• Less than 10% of retirees accurately estimated daily living costs before retirement.
• Rich Roll advocates starting financial planning immediately, regardless of age or past savings.
• The video series features insights from figures like Andre Agassi and Morgan Housel.
• Agassi highlights the value of creating opportunities for others through education and charity.
Summary
A 2025 Lincoln Financial survey revealed that while most Americans see retirement as a chance to pursue passions, few plan or budget for hobbies. Only 38% of pre-retirees have concrete plans, and 39% of retirees underestimated hobby costs. To address this, Lincoln Financial collaborated with wellness advocate Rich Roll on a video series exploring sustainable hobby planning. Roll, alongside figures like Andre Agassi and Morgan Housel, emphasized aligning hobbies with personal passions and societal contributions. With longer lifespans and evolving lifestyles, financial preparation is crucial. Roll encourages starting retirement planning immediately, regardless of past savings, to ensure a fulfilling and financially secure post-retirement life.
