The Myths and Truths of Retirement

Written by Joanne Wiley

Myths of retirement – Here arerepparttar most common thoughts that we have heard as we have talked with people who are either looking at retirement or already retired. These misconceptions shape our thinking, and impact how we see ourselves living out this time of life called retirement. They create notrepparttar 138718 Golden Years, butrepparttar 138719 Grey Years.

1.“True success is retiring to do nothing. Being successful means accumulating enough so you have to do nothing.”

2.“At 65 I’m no longer capable of working. I’m too old.”

3.“When I retire, I should start winding down. Take it easy”

4.“I want to retire while I am still healthy so I can stay healthy.”

Truths about retirement 1.Inrepparttar 138720 1930’s Roosevelt created Social Security to provide a pension workers 65 and older. This was to create openings for younger workers by removing seniors fromrepparttar 138721 work force duringrepparttar 138722 Depression when there were large numbers unemployed.

It was not created fromrepparttar 138723 basis that 65 year olds and older were unable to work. We needrepparttar 138724 creativity of older people even more today, creativity creates jobs. Older people need to stay inrepparttar 138725 work world.

2.Generally, we are healthier than ever have been before. A recent cover of AARP, a magazine for people over 50, announced: “Sixty isrepparttar 138726 new Thirty.” Immunizations, medications, health knowledge and education, have made a huge difference.

3.Our longevity has increased. A 65 yr old man can expect to live until age 82, while a 65 yr old woman can expect to live until age 85. If you are in your 40s, and followrepparttar 138727 traditional model of retirement, you will likely be retired a minimum of one quarter of your life.

Those living to a hundred have increased. The 1960 census listed about 3000 centenarians. Today, centenarians are estimated at 70,000 and some are predicting 4.2 million byrepparttar 138728 middle ofrepparttar 138729 century. If you are 50, you could be one ofrepparttar 138730 4.2 million!

4.Winding down leads to poor health. People who study aging describerepparttar 138731 Use it or Lose it phenomenon. We keep our health by using it, we need to be active physically, mentally, emotionally or we will wind down. Studies have shown 90 year olds being capable of increasing muscle mass and tone moving from wheelchairs to being independent again.

Andrepparttar 138732 good news is: It is never too late to start!! Physically, mentally, emotionally, we haverepparttar 138733 capacity to grow at any age.

George Bernard Shaw, an Irish dramatist, wonrepparttar 138734 Nobel Prize for Literature at 69. He wrote his last play at 93.

Reinventing Yourself for Multiple Careers

Written by Mary Carroll

In many countries aroundrepparttar globe, people are born into their station in life and hence their professions. It is unnecessary for them to plan a career as they are expected to perform one specific job their entire lives. These cultures do not consider personal growth orrepparttar 138674 possibility of choosing one’s profession.

America, onrepparttar 138675 other hand, was built on self-reinvention, and today’s economy demands it. Those born before 1946 are less likely to have changed careers or even worked for more than one employer during their lifetimes.

Today, many employees outliverepparttar 138676 lifespan ofrepparttar 138677 companies they work for, andrepparttar 138678 average worker can now expect to have at least three or more careers, with up to six different positions within each of those careers.

Hardly a week goes by without hearing of corporate takeovers, mergers and corporate downsizing. As a result, thousands of seasoned employees are facing burnout from increased responsibilities or being laid-off and replaced with younger, lower-paid employees. Many are looking for a different means of earning a livelihood.

Forrepparttar 138679 first time in history, employees must learn to manage themselves and take responsibility for their own employment. Evenrepparttar 138680 word “career” is taking on new meaning, as a new generation of employees is moving in and out of multiple careers during their lifetimes.

Keep in mind that a career change is notrepparttar 138681 same as job advancement within a specific career. Most are either lateral or a step down in income until you gain experience and expertise in your new career. Be prepared to downsize your lifestyle.

Think of choosing a new career as an opportunity to bring a fresh outlook and revitalization to your life, as new experiences will stimulate your thought processes.

The most importance part of selecting a new career is alsorepparttar 138682 most obvious, . . . deciding on what you want to do. Often this is a natural offshoot of a previous occupation(s). Reinventing yourself often involves a unique merging of your old talents with your new skill set.

Begin by making an honest assessment of your skills, interests and experiences and ask yourself: -What would I do if money were no object? -What did I love to do as a child? -What activity do I do so intently that I don't notice time passing? -What do I feel passionately about? -What do I valuerepparttar 138683 most? -What are my strengths? -What are my transferable skills? -What kind and how much education will I need to make this change?

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