I SEE RETIREMENT AS JUST ANOTHER OF THESE RE-INVENTIONS; ANOTHER CHANCE TO DO NEW THINGS AND BE A NEW VERSION OF MYSELF.
- 29% of seniors age 55 and up had no retirement savings whatsoever,
- 15% or so had saved less than $10,000, and
- Roughly 8% had between $10,000 and $49,999 saved.
That means over half of the seniors in the survey had less than $50,000 saved up, which doesn’t even begin to be enough to fund a reasonable retirement.
QUESTIONS YOU ARE ASKING YOURSELF & HOW KNOWING YOUR TALENTS CAN HELP YOU ANSWER THEM:
I’m not ready to retire, what next?
If you are currently able to retire, you are very lucky. However, there are many people over 50 that still want to continue to work. Many of us have been so busy working and raising a family, we haven’t had time to really discover what we enjoy and are good at. Working with a Strengths-Based coach will allow you to discover what you are truly passionate about and help you to choose an encore career that is satisfying.
I can’t afford to retire, what now?
The majority of experienced workers (e.g. 50 years old, plus) cannot afford to retire and maintain their current lifestyle. A myriad of economic issues; from the 2008 recession to the current costs of housing and healthcare, are increasingly causing Americans to delay retirement.
Additionally, you may feel pressure from you employer to move on. This happens for many reasons that may have nothing to do with you or the quality of your work per se. If you are unsatisfied in your current workplace circumstances, you do have options.
How can I work freelance or as a consultant?
Tired of the 9 to 5 grind and a soul-sucking commute? Join the club! Many people are opting to dictate their own work circumstance by freelancing or consulting. For example: public sector employees are increasingly being hired back by their employers as private contractors. Your skills have been developed over decades and they are valuable.
There are certain requirements for working as a consultant or contractor, though. Get the facts before you decide to become your own boss.
How do I make the most of what I do best?
Is there an activity that you do because you really enjoy it? Where you are in the “zone” and time seems to stand still? Research has shown that those are usually the activities that we can excel in. And, if you excel in something, you can be successful.
Whether you are looking to work past retirement or just make the most of the next chapter, Personal Best can help you figure out the next best steps.
• Help you achieve better perspective about your skills and passions.
• Motivate you to hone your natural talents to increase your success.
• Work with you to develop your current goals and pathways.