“I think there’s more and more of us at 60 who are saying, ‘OK, what’s my next career? What do I want to do that’s fulfilling? I’m all for what’s my next big thing.” Luanne Mullin, 60
The most insightful reading I have done lately is to read
Robert Laura’s The Retirement Secret.
I say insightful as he actually tackles ALL aspects of retirement.
Not just finances, not just health but all aspects of life including possibly one very
un-thought-about fact, that of living 24/7 with your partner!
Yikes! Have you thought about the consequences of that?
Lastly another biggie – Finding your worth in your new world.
I’m coming up retirement age and really not fully ready so I was very interested in what he had to say. I was particularly interested in the following extract how becoming a business owner need not be overwhelming or complex.
Hope it resonates with you too:
“Whether you have thought about starting a business before or it’s a new path of consideration, you’re not alone.
- Approximately 25,000,000 people (one in four Americans ages 44 to 70) are interested in starting a business or not-for-profit venture in the next five to 10 years. Source: MetLife
- Over half of the 76 million U.S. baby boomers have an interest in entrepreneurship. Source: AARP
- From 1996 to 2011 the number of Baby Boomers starting a business increased by nearly seven percent, the largest increase among all age groups. Source: Kauffman Foundation
For some, the idea of becoming a business owner may seem overwhelming and complex but, rest assured, it doesn’t have to be.
Many people have outdated perceptions about what it means to be an entrepreneur, particularly in retirement. The tendency is to think of business owners as people who have it all together, with every detail planned out, and who are born with a blazing desire to execute their plan even in the face of adversity. These iconic, almost superhero-like images can make starting and owning a business seem daunting and out of reach for ordinary folks.
But that’s simply not the case.
- An entrepreneur can be a retired nurse who now teaches CPR to supplement her income.
- It’s a widow who rents a spare room to a foreign exchange student;
- a former mill worker who opens a small engine repair shop in his garage;
- the founder of a new not-for-profit seeking a cure for an affliction personally affecting her family;
- a travel blogger promoting his new photo tour book;
- a former marketing executive teaching adult education classes for struggling business owners; or
- the multi-level marketing consultant who sells health and beauty products that cleared up her own skin or helped her lose weight.
You don’t have to invent something as revolutionary as the light bulb, build a nationally-recognized fortune 500 franchise, or make the cover of Forbes magazine. You simply have to
Be prepared to look and plan beyond the traditional aspects of retirement planning
- Uncover and align a personal passion with like-minded people and businesses
- Have a situation or group of people you’d like to have an impact on, or a product or service that solves a problem or makes life better for others
- Make a commitment to keep moving forward: Continue to educate yourself, seek out personal and professional support, and
- Most of all have fun. After all, it is your retirement!”
Well thanks Robert Laura for that. Looks like I’m more or less on the same page as him …
I have continued my education and, I have started an income generating project, and, most importantly, I am having fun Fipping my way 2 Profit so I retire happier and wealthier!
Go Well till the next time 🙂
Robert Laura – Retirement Activist, Retirement Wellness Expert, Author & Speaker. RetirementProject.org