Retirement expert Kerry Hannon recently said this in an article that appeared in USA Today: "People go into mourning when they retire. Your whole identity is caught up in who you are and what you did."
I'm guessing many Boomers, especially professionals, can relate to Kerry's claim. Those of us who toil for decades in the same career reach a significant point of conflict as we enter our Sixties. Some Boomers cannot see retiring from a career that is so much a part of them, while others may be anxious to try something different but fear the unknown. If your career has defined you, what happens to you when you leave your career?
There is life after a professional career. Part of it is realizing there is a person underneath, not just a professional, who has interests, desires, and skills that may be applicable to other areas. Hannon says, "You're not reinventing yourself, you're redeploying. Maybe you're taking what you're good at and redeploying into a new arena."
Hannon suggests that Boomers who want to continue to work beyond retirement age (and research indicates almost half of us do) prepare for a post-retirement career. She advises a five-year plan to ready yourself for a new challenge. That's critical, writes Hannon, "because it'll give you time to test your new career direction, be it through volunteering or converting a hobby into a stream of income."
Her steps, which are described in the article, include soul-searching, doing a test drive, networking, researching, and getting your finances in order. This is smart advice; most Boomers prepared for their careers, so why not prepare for post-careers? Retirement planning is not limited to finances -- it also involves life and second career planning.
Read the full USA Today article, "Here's the New Retirement Goal: Love Your Job and Keep Working."