Retirement?   What’s that?!?!?

More than three in five Americans 65 and older are still working. That used to be called “retirement age.” They may not be working full time anymore (although many are), but they’re working. And active!

More than 80 percent of Americans 65 or older are engaged in a regular, productive activity (and we’re not talking about golf, gin rummy, or mah jongg, either). Some work for pay, some volunteer, some teach or coach or mentor or otherwise pass along their wisdom to eager recipients, and some start their own businesses.

There’s something very cool about a 70-year old entrepreneur “just starting out,” isn’t there?

Older Americans are healthier and living longer than ever. In fact, many older Americans are healthier than their younger counterparts.

No wonder I see increasing numbers of clients in my independent coaching practice who are eagerly looking for coaching on how to be actively and  productively “retired.”

“I had a career coach. Now I need a retirement coach even more.”

The most common reasons that Americans stay active past 65 are:

  • Social Security eligibility age is rising.
  • Life expectancy is rising, at least for those with good health habits.
  • Need to keep earning, but not necessarily as much.
  • Want to stay active, physically, socially, and mentally.
  • Want to give back, volunteer.
  • Want to learn new things.
  • Don’t want to turn into a numb-brained, knuckle-headed, couch-potato hermit. Phooey!

So what do I do? What are my options? How do I plan and decide?

That’s where a “retirement coach” comes in. Aside from legal, health, and financial planning, your “retirement coach” will help you:

  • Explore the ideas for “retirement” you’ve had all your life (or the “Eureka” moment you just had).
  • Plan and start a business.
  • Examine a myriad of wonderful options.
  • Explore preferable work options.
  • Identify fulfilling volunteer opportunities.
  • Research viable other areas of possibility.
  • Build and work your network.
  • Develop an “activity plan” to carry into “retirement” for as long as you wish.

So what do you want to do for the next few decades?

Call Eli Amdur at 201-357-5844 and start the discussion.

Disclaimer: We do not provide financial, legal, or healthcare planning. “Retirement Coaching” – as defined by Amdur Coaching and Advisory Group, LLC – is advice on defining your options and choices, and how to go about evaluating them, ultimately deciding on what will comprise the next phase of your life.

What are they doing now?

“The future never just happened. It was created.”

After meeting with me about “retirement” here’s what some of your fellow seniors are doing, now that they’ve hit “retirement” age. 

Suzanne, 68, is the CFO of a $15 million food distribution company. She got the job when she was 62, just signed her last three-year contract, will stop working full-time at 71, and then do some part-time consulting and “plenty of traveling.” She started this planning in Spring 2016.

Maddie, 72, is still working as a customer service rep. Six years ago she took Social Security and cut back from full time to three days a week so she could baby-sit two grand kids. She began “retirement” planning in 2010.

Michael, 67, stopped working as a corporate executive at the end of the year. He invested “a sizable chunk” into a business for his two sons, where he comes in one day a week to advise. The rest of the week is for volunteering, museums, reading, and learning to play the piano. He started his planning in Fall 2014.

Richard, 55, plans to work five more years, but is starting now on planning his “retirement” which, he says, will be busier than his working career because he’ll be mixing hobbies, travel, and volunteering. He started his “retirement” planning in December 2016.

Terri, 57, has begun a tutoring business which she’s building from scratch while she coasts through her last three years as a public school teacher. “I’ll be doing the same thing I’m doing now, only out of my office at home, twenty hours a week max, and have plenty of time to do literacy volunteering. Terri started planning her “retirement” in August 2015.

Barry, 70, a long-retired electrician, took computer courses at the community college and has, for the last four years, been building Web sites and Facebook pages for “all my kids, grand kids, cousins, and other family who show up when they find out I do it all free.” Says Barry, “I’m as active and busy as ever, and loving it.” He started his “retirement” planning in September 2015.

What’s your story going to be?

Call me and let’s start writing it.