Courtesy of Mya Fullmer
Why I Don’t Plan to Retire at 65 – Embracing Work and Life
When I was laid off in my 50s, I felt stressed. I thought that my career was nearing its end. The idea of retirement loomed large, and I feared I would lose my livelihood and the sense of security that came with my job. This was especially true as I approached my 60s, which in my mind meant it was time to slow down.
But here I am, at 65, and I’m running two businesses, traveling the world, and still loving every moment. So, why should I retire?
Growing Up With a Traditional Idea of Retirement
My views on retirement were shaped by my father, who worked as a postman in Buffalo, USA. He worked hard for many years, despite being exhausted and unhappy in his later years. He looked forward to the day when he could retire and relax, travel, and enjoy life without the burden of work.
This idea of retirement – as the finish line – was something I grew up with. Even as I traveled the world for my corporate job, I believed that someday, I too would reach that stage of life when I would finally rest.
But then came the call from my company while I was skiing in Vail, which changed everything.
A New Beginning After Being Laid Off
When I was laid off from my job, I thought my career was over. But it wasn’t. I decided to buy a consulting business, one that focused on what I truly loved. Starting my own business at my age made me question everything, especially since I was only a few years away from retirement.
But the truth was, I was healthy, passionate about my work, and still excited to learn and grow. Why would I stop when I was at my best?
Life Expectancy and Changing Views of Retirement
In the past, retirement seemed like a natural part of life, and it was often the end of an active career. In India, too, many people retire from government jobs or large companies at around 60 or 65. However, with life expectancy increasing, more people are living longer, healthier lives. For example, a person who retires at 60 might have another 30 years to live. What should we do with all that time?
Today, people are redefining retirement. No longer is it the end. It’s a time to pursue new passions, explore, and even continue working in ways that suit the individual’s needs.
No Retirement for Me, for Now
I’m not waiting for a “golden age” to slow down. I’m still running businesses as a “digital nomad” – I can work from anywhere with an internet connection and an airport nearby. For me, retirement is about living life on my own terms, and I enjoy mentoring others in this new world of flexible work and travel.
Whether it’s a coach for online entrepreneurs or a consultant for young business owners, I find joy in guiding others toward their own goals. My clients are early adopters of this new way of life, where age doesn’t determine your value, and the idea of retirement is constantly evolving.
I do see myself slowing down one day, but even then, I’ll probably still have a booth in an independent living facility where I’ll offer career advice to younger generations. After all, the journey never really ends.
Indian Example’s:
- Late Ratan Tata: The Tata Group’s former chairman, even after retirement, remains active in business and philanthropy, proving that work can be a lifelong passion.
- Kiran Mazumdar Shaw: The founder of Biocon, continues to lead her company and contribute to India’s biotechnology sector well into her 60s.
In conclusion, retiring at 60 or 65 doesn’t mean you stop living or stop working. Instead, it can be the beginning of a new phase filled with opportunities to work, learn, and grow.
Let’s break free from the old idea of retirement and focus on living life fully – no matter our age.
