What to Do Now That You Are Retired

What to Do Now That You Are Retired

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Expert Author Carolee Duckworth
You have long considered retirement, but perhaps never fully taken within the reality that it could and would happen to you. the ultimate day of labor at the work or career that has defined you most of your adult life, can deliver quite jolt. and pictures of what comes next are fuzzy at the best . The old paradigm of retirement as a time for leisure has been rapidly changing because the 77 million Baby Boomers cross the retirement threshold and reinvent retirement to suit their own visions for the longer term .

The answer to the question of what you yourself will do now that you simply are retired is, of course, very individual and private . Yet there are themes, supported what has been happening throughout the Boomer coevals , which will guide your own process of designing your retirement life. Here are five truths about the new retirement which will be helpful to you as you work out what to try to to next.

This is not your father's retirement

Your father may are the model of the old paradigm of retirement, complete with a retirement party, then doing fix-ups round the house, then looking around for a hobby, and ending up spending most of his time fishing together with his brother. But that was then, and this is often now. which was him, and this is often you.

As you enter your own retirement, you'll have higher expectations and be determined to get meaningful pursuits which will keep you engaged and purposeful through the various years you've got ahead.

You will want social connection, personal purpose and mental stimulation in retirement, also as financial security

Money likely won't be the sole thing you expect to miss once you pack up . In fact, it's going to not even be at the highest of your list. Research on recent retirees has uncovered the surprising incontrovertible fact that if 30 retired Boomers were gathered during a room, 21 of them would report being most concerned over loss of something aside from income. Ten would say that what they miss most since retirement is social connection. Six would report that they primarily miss having purpose and work goals. Four would say their favorite lack is mental stimulation. Only nine out of the 30 would report that their main loss is income.

To still have these three reportedly essential elements--social connection, personal purpose, and mental stimulation-- after entering retirement, may be a process of invention. Where during our work lives, these came with our employment, in retirement we must define and find them for ourselves.

If you select to still add the workplace, you'll be in good company

If your vision of your own retirement includes work, you'll be among the bulk , not the minority. Retirement research shows that the majority retirees, almost 80%, decide to work on least part-time after retiring. Only 23% shall stop work completely. A labor study covering 2006 to 2011 found that the 55 and over cohort showed growth, while other workforce segments decreased. Department of Labor projections point to continued increases within the workplace participation of older workers.

In your retirement, you'll decide to rebalance work with leisure and other elements of life, like study and travel. But you'll not shall stop work completely.

Your life could be a balance of pathways that include, but aren't limited to, work

When you were determining as an emerging adult what you wanted to be "when you grew up," the pathway that you simply were trying to define was one one - the pathway to career work. In retirement, it's important to step back from this accustomed notion that life will follow one pathway. Whereas your career may have followed one pathway, your retirement career can and doubtless will follow a mixture of pathways.

Consider the complete range of pathways hospitable you, including: new work, leisure, entrepreneurship, volunteering, creativity, travel, and/or study (from Shifting Gears to Your Life and Work after Retirement). Then reach the mixture of pathways which will best fulfill you and shape for you a meaningful, purposeful retirement life.

Retirement will involve reinvention, not continuation

Your design for retirement must specialise in , reconsider and fulfill, not what others might want or expect of you, and not necessarily what you've got gotten expert at during your career. this is often the time to uncover your own authentic self and enlist it in making the alternatives ahead. The task of reinvention is active and artistic , not just trapsing along into more of an equivalent .

Grant yourself the time and resources to finish the complete process--breaking free from your past work, expanding and mixing your pathways, reinventing yourself to clarify what you uniquely want to and may contribute, rediscovering your next work, and moving forward. The reward for taking this point for yourself is nothing but the remainder of your life well spent - with vitality, engagement, purpose and delight .

Dr. Carolee Duckworth may be a recognized educator, author and career change counselor, who has guided thousands of people of all ages through major career shifts that changed their lives. She designed and initiated College-Online.com---providing a path to significant work advancement for tens of thousands of working adults since 1996. Her current focus is assisting retiring Baby Boomers (of which she is one) with their own next great career change. She is also writing the Your Great Trip series (co-authored together with her son, Brian Lane) for independent travelers, starting together with your Great Trip to France: Loire Chateaux, Mont Saint-Michel, Normandy & Paris, to be followed soon by Your Great Trip to Italy: Tuscany, Cinque Terre, Florence & Venice.

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