One of the ways we Boomers are redefining retirement is by combining work and leisure in the pursuit of happiness. While not every Boomer is in a position to pursue this creative concept, it is certainly worth considering if you can make it a reality.
A good example of the leisure retiree, writes Claudia Dreifus for The New York Times, is Dr. John Siebel, a retired oncologist. Siebel decided at age 64 that he wanted to continue to see patients, but only part-time, and he wanted to find a way to combine that with his love for adventure and the outdoors. Dreifus reports that "Dr. Siebel’s answer was to become a kind of oncological 'temp,' covering for vacationing doctors with practices in interesting places — including Alaska."
This is how it works, according to Dreifus: "For up to three months of every year — the limitation is Dr. Siebel’s choice — a medical employment agency books him for short stints in remote parts of Alaska, California or Idaho. He will only accept assignments near wilderness areas.
Weekdays, he sees patients. On weekends, he heads to the mountains and explores."
Dreifus shares other examples of leisure retirees in her excellent article.
The point, I think, is that an ideal rewirement (I use the term to replace mere "retirement") is one that leverages your career skills into a flexible part-time position so you can pursue leisure activities as well. In order to do this, certain conditions must exist, of course:
- You need to have sufficient retirement savings/income so that you can work part-time rather than full-time.
- Your skills must be in demand, at least to the extent that you can achieve the kind of attractive work/leisure balance as did Dr. Siebel.
I have taken a slightly different but similar approach. I was a direct marketing professional who had started a direct marketing agency, and I also authored a number of marketing and business books. When I left the profession, I struck out as a part-time marketing consultant/part-time business writer. Nowadays, I write more than I consult. I combine that with volunteering for non-profit organizations, as well as enjoying some leisure time. In my case, the three-way balance of part-time self-employment, volunteering, and leisure work just fine. Perhaps that would work for you, too.