5 ways to avoid becoming a failed retiree

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5 ways to avoid becoming a failed retiree
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A meaningful retirement doesn’t just happen.

An energetic, vivacious lady with a big smile, Barb Foster worked in technology sales. When she got laid off, she came to me for career counseling. She worried that it would be very hard to find a permanent job because she was 56 and her last two positions were as a contractor. It seemed to me that this career might be done for her. She was burned out and needed to consider a different option. She could retire, as her husband had an excellent paying position.

Several months later, she launched a website for her business, Create Your Wow , and started a Facebook page for her customers and those interested in what other festivals she’d be showing at. Foster now paints in her free time and books only the festivals she wants. November, December and summer are the prime months. She is getting a better idea of what is commercial and sells. To fill in during the slower period, she teaches art classes at YMCA’s and senior centers.

1. Develop your life plan. Waiting until you are finished with your job is not the time to start your planning. It’s a smoother transition if you begin about a year in advance and think through key questions such as: where will I live? Who will I do things with? What activities do I want to do? What about traveling? What would I like to learn how to do? Keep the plan flexible.2. Explore a hobby. Foster enjoyed painting.

4. Give back. What social problem matters to you? Do you care about children, homelessness, or pollution? The world has many problems that you can volunteer to help out on. Start at your community level. Someone who cares about homelessness might work with a church that clothes the homeless or serves meals. Another person who cares about children might volunteer at a hospital or foundation that helps support children’s causes like cancer or autism.

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