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“How Do I Know If I Really Want to Retire?” Begin by exploring The Three Types of Retirement
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One of the most compelling questions we’ve been asked for our “Catch the Wave of the New Retirement” program is “How do I know if I really want to retire? Are there signs?”
To help you to address that question, we are providing the following information on “The Three Types of Retirement.” Understanding these three types of retirement can help you to understand if you want to “retire,” and if so, what type of retirement you want to transition into.
Please feel free to e-mail us with your questions.
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Type 1: The Old Retirement
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Main Focus: Rest - Leisure - Reward
Indicators of Type 1 Retirement:
- Retirement Planning = Traditional Financial Planning
- Lifestyle Focused
- Concerned primarily with rest and leisure
- Outer focused
- Brought on by age or situation of work environment
- Specific to age, occupation, and money accumulated
- A relief
- External variables direct life
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Our Mission
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To expand the creative capacity of individuals in order to declare and fulfill their possibilities in a joyful, meaningful, and life-enriching manner. We achieve this through transformational learning and personal coaching.
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Type 2: The New Retirement
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Main Focus: Life Balance and Value Alignment
Indicators of Type 2 Retirement:
- Retirement Planning = Traditional Financial Planning + Values-Based Life Planning
- Integrity Focused
- Concerned with meaining and life purpose
- Inner and outer focused - quality of life
- A realization that a major stage of one’s life needs to change
- Not specific to age or occupation, but to turning points in one’s life
- A new beginning
- Values and Purpose guides life
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Key Questions of Type 2 Retirement
What are my values?
What is my purpose in life?
How can I best express my values and live my purpose?
When and why do I choose to retire?
Corresponds to Stage 2 of the On-Purpose Retirement Course
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Type 3: Beyond Retirement
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Main Focus: Redefining - Redirecting - Reinventing
Indicators of Type 3 Retirement:
- Retirement Planning = Traditional Financial Planning + Values-Based Life Expression + Passionate Commitment to Personal Growth and Evolution
- Authenticity Focused
- Concerned with Legacy and making a contribution to the world
- Inner and outer focused; more global in view
- An intentional creation of the conditions and capacities necessary to grow and evolve to benefit self, other, and world
- An ever-expanding opportunity
- Passion and the pursuit of Authenticity inspires life
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