Yes, But How Will You
Work in Retirement?
Written by Payton Collins
"I also know", said Candide, "that we must cultivate our
garden." ~ Candide - Volatire
We have all heard the saying "all work and no play makes Jack a dull
boy". This little proverb is an old battle cry for kids and overworked
adults seeking a bit more fun in their daily schedule. Interestingly,
as little Jack reaches retirement age and has all the time in the world
to play, the opposite can be true;
all play and no work makes Jack a dull old man! It is saddening when we hear the news that Morley Safer, of 60 Minutes,
worked until age 84, then passed away a week after his retirement. Warren
Buffett, one of the world's richest men, gets up and goes to work
everyday. Whether or not we realize it, to most people - work is important!
I have found that work
flexibility in retirement is the goal of most Americans, more-so than avoiding work
altogether and living a life of leisure. For most of us, staying busy
with some sort of vocation that brings us joy are some of the brightest
hours of each day. Work gives us fulfillment, meaning and significance,
even if it's just household projects, volunteering at a local charity,
or building a tree house for the grandkids.
If you think about it, there are only three ways we can spend our time -
education. We all have our recreational pursuits targeted, and our mind feeds mostly
in that space as we think about our Golden Years. We may even have ideas
for education, like learning a new skill such as baking or carpentry.
But have you thought much about what retirement means for your next
One of the keys to a happy and successful retirement is finding out what
it is that you enjoy doing to fill this need for "work" and
having the financial flexibility to pursue it on your own terms.