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I certainly have not seen this phenomenon in practice or in my life. Almost all the people in my family and extended family retired as soon as they were able and all have been thoroughly happy being retired. And they had "professional" careers. I have never seen a patient in the clinic or the hospital with depression due to retirement. There are so many things to see and do in this world and loved ones to spend time with; it's sad to me that work would be such an important part of many people's lives. Some sure, but I would hope not many.Psychiatry is definitely a field that you can practice into your 80's and I've seen a lot of good, quite elderly psychiatrists. Retirement is very, very challenging. I find that people dramatically underestimate how much of a challenge it is. I see so many psych hospitalizations very soon after retirement, generally with significant SI. There is a very high chance of "failing" at retirement and really taking a horrific mood hit that you might not recover from. Sure if you have some sort of massive extended family commitments, it might help. You could really help raise the grandkids, but people are having fewer kids in general, so that's less likely. I think the final Erikson's stage is, by far, the hardest to master. It can be a heck of a lot easier to just grind along in the second to last right up until you literally die. All that said, biology does tend to catch up with people and we will, albeit delayed, see massive retirements that will fortunately be able to be filled by all these new residency graduates and NP/PAs.