While my goal is to work until June 9, 2031, much plays into that happening, including good health and skills that are still in demand. Yet, at my age – with 60 fast approaching – I’m listening to a lot of clients and friends talk about their impending retirements.
While these folks aren’t worrying about running out of money before they run out of time, they are concerned about running out of things to do. That seems to be the biggest fear among those who have acquired enough wealth to not depend on Social Security to make ends meet.
I’ve spoken to people who grew bored after a few months and went back to work. I even have one friend who retired on January 1 this year after 34 years at his company and started working at a new organization the following Monday.
Perhaps the greatest challenge of stepping away from the workforce is to find something that engages the mind, spirit and body. The key is to have a new calling that provides a challenge and, in my opinion, helps others.
Following his last game and having announced retirement, a reporter asked Bear Bryant what he was going to do going forward. The legendary Alabama football coach replied: “Probably croak in a week.” He died 31 days later.
Which is why when I step away from work on the 50th anniversary of my first day at my first professional job, I’ll have a plan – and it won’t be just playing golf.