For some, this is a pretty somber reality they are now facing. And the fact is that that more and more people working through retirements will trickle down to the generations below. In the traditional sector, it means fewer jobs, less opportunity for advancement, and it will clearly affect other industries such as travel, hospitality, and particularly “retirement” states.
Yet, it’s not all bad news.
It depends on what you decide to do to work through retirement. In every challenge exists opportunity. Most people I know who are already retired are aghast at the idea of going back — and many who are looking forward are spooked at the idea of having to slug away for many more years.
But what if you could intersect a way to make money — significant money — and feel better, and do good for humankind?
There’s a rapidly growing interest in this opportunity for people at the early and middle stages of life — and there are many reasons why (probably fodder for another posting). While I expect to see great growth in this younger demographic, I’m not sure that it will outpace growth for the “retirement class.”
All across North America, I see and hear sad stories of a dwindled 401k, or a completely erased pension, or dramatically fallen equity in their home. Yet, I also get to experience some amazing stories of success in Univera. Some of these people would NEVER have been prompted to find a secondary or primary income if it weren’t for a challenge brought forth to their lives. It’s often these challenges that bring people to Univera. So, it’s not all bad.
In fact, it can be very, very good. So if you have to work through retirement, why not find something you love?
There is a major social and cultural message in the current economic collapse for the future retirees of America: Forget retirement.
That’s right. The recession is making clear what we’ve suspected for a long time. The concept of not working and embracing leisure for the last third of one’s life isn’t practical for most people.
Put it this way: Survey after survey has shown that a majority of aging baby boomers plan on working in retirement. Well, that plan is coming true.
Click here to read the entire BusinessWeek story.
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I retired twice and still seeking to increase what little retirement I receive. Univera has been a blessing to us these past few years and I know we will be successful in the coming years. Age has nothing to do with your adaptability to succeed. Especially for this 72 year old.
Charles
C’haim “To Life” Univera Team
Lake Oswego, OR