A great discussion for what is needed to keep key talent.
Retirement as a Career/Life Development Stage: A Renewal Process
Instead of viewing retirement as an end-point in itself, individuals will need to begin thinking of retirement as a series of developmental steps taken over an extended period of time. Retirement today needs to be seen as more a journey than a destination.
In order to more effectively participate in this journey, retirees will need to learn new skills and competencies well before they begin any type of retirement or transition experience.
Over the past twenty years, I have worked as a Practice Management Advisor and Transition/Retirement Coach with hundreds of senior attorneys in developing Exit or Retirement Plans for themselves and for groups of senior lawyers. I have grown to realize that pre-retirees are not looking to withdraw from anything. On the contrary, the lawyers I have been working with are actually approaching retirement as a way of gaining renewed purpose in their lives. They want something new, something different, perhaps something novel, and certainly something interesting at deep personal levels.
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