Retirement can be both wonderfully fulfilling and incredibly challenging. Often, one’s identity is tied to their work but as well, they may be accustomed to a rapid pace of activity and external demands. Being needed is vital to our self-worth.
Prior to retirement, some people long for the days when they’ll be able to play golf regularly, travel the world, or spend the summer at the cottage. However, sometimes, once they have been retired for a while, they realize that they’re bored. I believe most people are finding retirement – as it used to be defined – is no longer fulfilling.
All of us need a sense of purpose, and many of us like to learn and be involved in activities bigger than ourselves. As a result, more and more retirees are thinking about what their third chapter looks like and they’re playing with options.
I have a friend who was a highly successful executive in Canada and the US who now spends his winters in a small mountain town. He is experimenting with a number of different things. One day a week he works as a ski patroller and he’s joined a band. His wife, who was a highly successful investment banker, is volunteering with a youth organization and has taken up painting. They’ve even created a studio in their house.
We’re healthier, we’re living longer, we’re more vital, and we want to make a contribution. The good news is there are plenty of options available. Retirees can offer their skills and become consultants or join boards. Not-for-profits and other organizations are happy to have people work with them on a part-time or seasonal basis. Some successful entrepreneurs are mentoring young entrepreneurs. Others are lending their technical savvy to help startups.
For those who want to continue being involved, there’s lots of interesting work out there. What will you do with your third chapter?
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© 2019 Lorraine A. Moore. All rights reserved. Permission granted to excerpt or reprint with attribution.