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Redefining retirement.

M Broscio

    Healthcare Executive
    |October 5, 1993
    PubMed
    Summary
    This summary is machine-generated.

    Retirement is a new career phase, not an end. Effective retirement planning mirrors strategies used for job or career transitions, ensuring a smooth shift.

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    Area of Science:

    • Gerontology
    • Career Development
    • Sociology of Aging

    Background:

    • Retirement is often perceived as a definitive endpoint.
    • This perspective overlooks the potential for continued engagement and personal growth.
    • Traditional retirement planning often focuses solely on financial aspects.

    Purpose of the Study:

    • To reframe retirement as a transitional phase.
    • To explore parallels between retirement planning and career change strategies.
    • To advocate for a more holistic approach to pre-retirement preparation.

    Main Methods:

    • Comparative analysis of retirement and career change literature.
    • Qualitative study involving pre-retirees and recently retired individuals.
    • Development of a conceptual framework for retirement as a career transition.

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    Main Results:

    • Retirement shares significant planning similarities with career changes, including skill assessment and goal setting.
    • Psychosocial adjustments are crucial and comparable to those in career transitions.
    • Successful retirees actively engage in new pursuits, similar to individuals starting new careers.

    Conclusions:

    • Retirement should be viewed as an active phase of career development, not a cessation of activity.
    • Comprehensive planning, encompassing personal, social, and professional aspects, is vital for a successful transition.
    • Adopting a career-change mindset can enhance preparedness and satisfaction in retirement.