As you enter retirement, a lot of changes may occur. You need to determine how to generate current income from your existing savings while still trying to keep your money growing to meet your needs well into the future, when the cost of living is likely to be higher. You want to protect your assets from market volatility, but still be an active investor.
For most mature employed people, work was considered having a job with one or two companies in a working lifetime. Now retired, many may still have debt; few have the savings to take them through their remaining years. Countless mature workers believe that just one more job, perhaps much like the one they just left, is all they need to secure their futures. Unfortunately, those jobs may no longer exist or they may have been completely re-framed so that they are no longer a possibility for most mature workers.