Transition to Retirement: Are You Ready?
The maturing workforce has been a sleeper issue for organisations for more than a decade. The difficult economic environment slowed the retirement plans of many, meaning many organisations didn't need to address the issue of a rapidly retiring workforce. Until now. As the economy continues to pick up pace in the years ahead, having a strategy to deal with this transition will become a critical part of workforce planning.
One of our core offerings in the Career Transition suite is Transition to Retirement. Some clients who go through this workshop are initially skeptical, “This is what I’ve looked forward to for so long, I don’t need help – this is my well earned reward.”
However there are many factors to consider that can help you achieve an uncomplicated and smooth transition from full time or part time work to retirement.
Financial considerations are key, and there is a wealth of information and advice about how to maximize retirement income.
A happy retirement is also a purposeful retirement. Having short and long-term life plans can be important to maintain a sense of meaning and drive. Ensuring you keep on track to your retirement goals – and celebrating achievements along the way helps create feelings of well-being and self worth. Whether your goals centre around travel, new hobbies or giving back to the community.
Continuing to learn new skills and develop knowledge is another aspect of a fulfilling retirement. This could involve learning to play a musical instrument, attending community meetings or learning a new language.
It’s important to stay active and stay healthy during retirement. Getting outside and enjoying the great outdoors can also be a great way to socialize and meet new friends.
Our Transition to Retirement workshop covers a range of topics like these and also provides a structured learning environment to help pre-retirees consider the full spectrum of issues associated with this major life change.
Our Transition to Retirement program explores the following areas:
Retirement – A life transition: Explores characteristics of a modern retirement and develops understanding of common reactions to significant life changes. Develops awareness of knowing what a transition is and how to deal with it plus understand the importance of ‘whole-of-life’ planning and balance.
Retirement – What’s Important to you: An enjoyable process based on our ‘Career Blueprint’ that helps individuals understand themselves in more depth and identify the key drivers and motivators in their working life. Creates a personal framework within which to make career and life decisions.
Retirement Skills: This section explores the critical skills required for a successful retirement and some of the issues that may arise. Includes: communication skills, adjustment to family relationships and networking. The key retirement issues of health, stress and housing are also covered.
Retirement Plan: This section focuses on purposeful activities to identify options for the next career stage. These may include: employment, own business, portfolio career, volunteering, travel, education and interests. The end result is the completion of our proprietary Retirement Map, which is a practical guide for the future.
For more information on the Transition to Retirement workshop, contact Placer Management Group on 6364 5200.
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