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I received the following email a couple of weeks ago and asked if I might share it with you as many face this question.
Dear Cathy,
I am Assistant Director of Career Services at a State University. I have been in this role for 12 years. Prior to that, I worked in HR. As I approach my 66th birthday this month, I consider the possibility of giving up this work and joining my husband in
retirement. I love my work, however. Each time I read your newsletter, I wonder if you faced the dilemma — or, perhaps you are much younger. At any rate, thank you for the work you do – so valuable for so many people. J
While retirement will confront people in many different ways, J isn’t unique on two fronts. She still loves her job, but her partner is retired. She is wondering how to make the decision of when to retire.
On a personal note, I’m in a different situation. I’m self-employed, work from home or my home base, wherever that is in the world. I love my work and probably won’t stop completely, although I have many other interests I would like to devote more time to in the future, such as travel, genealogy, creating art and volunteering.
You are in a unique situation J, as you work in a university setting. Colleges have been forerunners in allowing faculty to phase into retirement. Even if there isn’t a structured program for staff at your school, you may see if it’s possible to develop a pilot program. So, might explore additional bridge jobs as part of your retirement transition.
What’s more important than having a retirement plan asks question you will want to think about as you embark on your retirement transition?
For people who have choice, there usually isn’t one clear moment in time when all the pieces fit together. The more you have thought about how you are going to create your retirement life, the more apt you are to adapt to the changes accompany this transition.
The post How do You Know When to Retire? appeared first on RLM Now.
