Recently a younger friend and I were talking about work. I'm self-employed (and have been most of my adult life). One of the reasons I have chosen to work on my own is because of the flexibility it gives me. I have always resisted the 9-5 work week with the commute attached to it. Not because I don't want to put in the hours, in fact, some weeks I feel like I'm working every day on something related to my business. I like to chose when I work those hours. Today is a good example. I'm going to work for the next 3-4 hours and then spend the afternoon enjoying the outdoors with my daughter and grandchildren. I'll be back at my desk for a few hours tonight
So, I was caught off guard when this friend suggested that I was 'semi-retired'. In fact, I think I was a little insulted. I know I am at an age where many of my peers are talking about retiring and starting to plan what the next 5-10 years look like for them. I started thinking about this next big transition for so many in my generation. Most of the people I know talking about retiring are talking about retiring FROM something. I don't really have anything I want to retire from. Of course, I am always asking myself, "What's next?" But that isn't age related.
In Canada, 25 percent of new businesses that opened in the first half of 2012 were started by people older than 50.* That rate has been increasing since that statistic. Most of us, want to continue contributing and using our gifts of knowledge or intellectual property in some way. I have a lot of wisdom that comes with experience.
IIf anything needs to retire, it is the old concept of retirement.
*Statistic from a study conducted by CIBC.