a. The planning stage which may begin at any age.  b. Excitement, which usually follows for a period of time during the preparation and retirement planning process.  c. Honeymoon, a stage resulting from the start of the transition phase into retirement.  d. Disenchantment, usually occurring after the celebratory phase, dissipates.  e. Adjustment and Stability, which happens after a period of reorientation to the new circumstances.