Retirement. What a loaded word. For some, even a 4-letter word.
To many, retirement means an exciting opportunity for personal reinvention, exploration, and pursuing passions that might have been on the back burner during one’s working years. A new “season” of growth. A new beginning. For others … well, it doesn’t hold quite the same promise of an exhilarating – or relaxing – new chapter of life. It feels like a bit of a “death sentence.”
The trend of “unretirement” is gaining momentum. Folks who chose to retire are discovering that they want to return to the world of work, though it might look different than it did before. What is driving people to keep working past the traditional age of retirement? What is causing people to re-enter the work force post “retirement”?
Honestly, a lot of explanations – financial reasons, a desire to stay “relevant” and have a seat at the table, the need for mental stimulation, and the search for purpose are among the factors contributing to this phenomenon. Frankly, some of us simply don’t want to retire. Often, at the traditional age of retirement, leaders are at the top of their game: energized, experienced, motivated. Another piece of this puzzle is the vital ability of those in this stage of life and experience to train the next generation of leaders. Without their wisdom, we miss out on so much. An especially valuable alternative to retirement that is growing in popularity is a transition to advisory and consulting work.
Of course, all of these factors vary from person to person. Now, more than ever, I find that we are fighting back against ageism and the assumption that after a certain age, we’re worth less than we once were. Yours truly is a prime example – “retired” at age 50 after a successful career, I found I needed and wanted more purpose and contribution to life, which led to the creation of my coaching and advisory firm.
Each individual’s journey towards retirement (or “unretirement”, or not retiring at all) is unique, shaped by their values, priorities, and the role work plays in their lives.
What comes next is up to you!
Reach out. Let’s talk about your next chapter. I look forward to hearing from you.
Best,
Michael
