Time to Rethink Work and Retirement?

There's nothing like a poke in the eye to get yourchange the world for the better with their
attention. The current economy is that sharp stick"encore career" choices. But we don't all have to
when it comes to thinking about giving up atake on full time jobs that require trips to Africa
paycheck to retire. Living on a fixed income whento make a difference with what we do. We need
expenses aren't fixed and your sources ofto find what we believe is important to get done
income start contracting can be unnerving in theand then decide how we want to be part of
best of times. Right now, it takes superheromaking it happen.
emotional strength. Even if you have not yetWe also need to know how we prefer to work.
stepped into retirement, this kind of economicSome of us need a year to play before we
climate can make you worry about your sanity ifmove on to the next work. (They have a label
you still yearn to leave the daily grind behindfor that now. It's called a transitional sabbatical.)
eventually.Some of us need two days a week to play from
This is an area that needs more attention andhere on. Some of us will find the "authentic work"
more options--a lot more. As you stare at thewe get involved in so rewarding that play isn't
rising cost of pretty much everything, take offeven a relevant construct.
the blinders and stop seeing the decision to retireWhat's important to you? How can you make a
as "Yes/No". There are a whole lot of possibilitiesdifference at that? Sometimes, the only way to
between those two extremes that might meetget it done is to do it as a job. Sometimes, it's so
your needs better. Explore them.important that it becomes the thing you want to
If you love your work and want to keep doing itdo most, paid position or not.
on a smaller scale, there's probably a way. ButWe need to do better thinking about this before
even if what you've been doing to make moneywe leave work. We need to make better choices
isn't yet full of meaning, you can choose to makeabout how much leisure time is enough, both while
enjoyable work part of your retirement lifestyle.we are making plans and once we start to
We want time to do the things we haven't beenimplement them. A life of total leisure gets very
able to do while we were working, yes. We wantboring. And when the economy starts to shake,
time to travel or garden or take care ofit's also gets very scary.
grandkids, sure. Time for golf or kayaking. Yes,Add some work in the mix--at what you believe
we do want time. But the surprise many of usin and in a format that gives you the kind of
meet once we retire and start to do it is that it'sflexibility you value--and you will weather the
not a full time replacement for what we wereinevitable economic rollercoaster rides more easily.
doing. Often, there's time for more. Perhaps thatAnd that's not just because you'll have money
more is "work."coming in. A big hunk of that reassurance will
New York Times columnist Nicholas Kristof did acome from knowing that you are competent and
column about the potential of baby boomers todoing something worthwhile.