You work until you are 65 or so, and then you retire, saying goodbye to your career and welcoming a state of total relaxation…and a lot more babysitting the grandchildren.
While that might sound appealing to some, for many, retirement is a terrifying thought as they might feel redundant and not needed anymore. This is especially tough in this day and age, where people are living longer, healthier lives (in general) and therefore feel they still have a lot more to contribute.
If you feel this way, unretirement is for you. Unretirement is a modern concept that sees a retired person re-entering the workforce or engaging in new professional endeavours, often in a different capacity or on a more flexible basis. This could be anything from part-time employment, freelance work, starting a new business, or pursuing different interests and passions in a more structured manner….and it comes with a host of benefits for you and your employer. Let’s take a look:
For employers, unretirement brings…
The benefit of experience: Unretirement leverages the invaluable experience and expertise of seasoned professionals. Their decades of professional insight can also be invaluable in mentoring younger employees.
Diversity of perspective: Unretirement is a catalyst for innovation. When retirees return to the workforce or pursue entrepreneurial endeavours, they often bring fresh perspectives, a wealth of knowledge, and a hunger to make a lasting impact. This diversity and cross-generational collaboration can drive creativity and innovation to new heights.
Unretirement as a driver for flexibility: Many retirees are no longer interested in traditional nine-to-five roles. They seek part-time, remote, or project-based work that allows them to balance their professional pursuits with personal interests. Forward-thinking companies are adapting their work arrangements to accommodate this shift.
For the individual, unretirement brings…
Continued growth and renewed purpose: Unretirement enables individuals to continue learning, growing, and setting new goals. It provides an opportunity to pursue passions, acquire new skills, and explore uncharted territory, leading to personal fulfilment and a sense of purpose.
Financial security: Extended working years can enhance financial security, allowing retirees to maintain their desired lifestyle and support their long-term goals, such as travel, charity, or investments.
Social connection: Staying engaged in the workforce or starting new ventures keeps individuals socially connected. It combats isolation, promotes networking, and fosters a sense of belonging within a community of like-minded individuals.
Visit Consult by Momentum to find out more about how you can unretire yourself.