Post by Lianne Bridges
At the same time as millions of baby boomers are reaching their retirement age, the promise of working hard until the age of 65 and then retiring to a life of leisure is fading quickly. There are many reasons why this is the case: huge losses in retirement savings due to the financial crisis; people not saving enough in the first place; inflation eating away at nest eggs; and improved health and life expectancy resulting in today’s seniors wanting to continue to be a productive members of society longer. At the same time, studies have demonstrated that continued intellectual and physical stimulation associated with working past the age of retirement have significant positive health benefits.
While people may want or need to work past 65, most don’t want to continue doing the same job they have been doing for years, nor do they want the stress associated with demanding bosses, long commutes and inflexible work schedules. Luckily things are shifting. Today, more than any time in history older people, as well as younger ones, are able to choose the work that they love and continue to do it in a ways that are both economically and physically sustainable into later years.
According to research, the three main work motivators don’t include money, but rather intangible rewards such as purpose, mastery and autonomy (Daniel Pink, Drive).
This doesn’t mean that people don’t want to make money, but rather that they want to do work that offers meaning, an opportunity to grow and freedom while they make money.
That is why my partner, Don Rosenthal, and I created the the Shift Village. When we looked into the future and envisioned our own retirement, we wanted to find ways to do the work that we love in a sustainable way, and we wanted to help others do the same. We have found from our own personal experience that when we do what we love, our whole world improves, including our relationships and health.
Investing now in a second (or even third) career that has the ability to sustain our emotional, social, intellectual and even financial needs well into our seventies and eighties is possibly one of the best solutions for your retirement.
And, investing in yourself this way does not mean spending a lot of money, but rather spending the time and energy now to gear your talents, experience and passions toward work that is truly fulfilling.
We believe one way to achieve this lies within the village concept. By combining the efforts of many people including social entrepreneurs, artists, activists, educators, and more, the Shift Village offers a way for members to thrive through a common community. At the heart of any prosperous society are the merchants that fuel the growth and ensure the sustainability of the community and its members. Much like in a traditional village, theShift Village merchants are themselves members of the community who contribute to its collective well-being by offering unique products, services and events that enrich lives and enable the shift that we are striving towards. The Shift Village in turn offers eCommerce tools and social media vehicles to help merchants display and promote their businesses to a growing market segment focused on health and fitness, the environment, personal development, sustainable living, and social justice.
So, if you’re still wondering how you will be able to retire at 65, try shifting your thinking to ‘unretirement’ in which you do what you love, continue to be a productive member of society while still earning a living well past the age of 65. Begin by investing in yourself, that is where you will yield your highest rewards.
You’re reading the Lovin’ What You Do blog by Lianne Bridges. If you enjoyed this post, be sure to connect withLianne and learn how you can become a Shift Village merchant and begin doing the work you love.