Frequently Asked Questions
Is Retirement your "New Beginning?"
If you intend to take advantage of the “longevity bonus” to
create a new retirement lifestyle
or
If you are looking to construct a life with “cycles” of work, leisure,
and volunteering
and
If you want to make a difference to your well-being and that of your retirement
community
then
You are among others of your generation who are in the vanguard of redefining
retirement.
Thanks to the Baby Boomer Generation retirement is undergoing
a transformation. We are living longer and retiring earlier.
Our life expectancy has increased by 20-30 years and the average age
of retirement is 57. Why not take advantage of this trend and make
the most of those years of transition and renewal!
Retirement is your “new beginning.” For many
people that means a new career, starting their own business, working part-time,
or volunteering. It’s a time for living an active and vibrant lifestyle.
The traditional retirement lifestyle of rest and relaxation is outmoded and
being replaced by the New Retirement lifestyle.
1. Who Do We Work With?
Are you a business owner, senior executive, or entrepreneur? Are
you pulled in many directions? Have you lost your focus or enthusiasm?
Are you too stressed to enjoy your career or business? Have you contemplated
a change of direction in your career or work; or have you thought of retirement
as an option?
Professionals or Enterprise Executives, are you feeling hemmed in? Do
you ever wonder "what's next" or "what else could I be doing"?
Are you burned out? Are you thinking of changing careers or starting a business?
We work one-on-one with you to explore new possibilities and options. We
help you reconnect with your purpose and vision. How would it feel to be
energized and passionate again? Change is always easier when you know where
you are going and what you are doing.
We work with men and women over 50 struggling with the
outmoded concepts of retirement. We help people who want to transition from
the production side of their careers to new challenges in the New Retirement,
where they can express their leadership talents in new ways and in new communities.
One size does not fit all! No matter who you are or what
you do, you have specific needs that require unique attention to help you
focus on what you want to achieve in your retirement.
2. What Do We Do?
Retirement Advantage can help you create a retirement lifestyle that you
want and deserve. We help people to develop to their fullest. Your
potential in your retirement is at the heart of what we do. By working
with us, you will:
-
discover your readiness for retirement from the LifeOptions
Profile©
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devize a mission statement and
-
create a development plan that defines your retirement choices.
3. What are the Challenges of Retirement?
The questions facing a new generation contemplating retirement are many
and complex, especially when a longer life span, earlier retirement, new
definitions of "work," and significant changes to income sources
are added to this changing picture of retirement.
In the past, the questions most frequently asked by those planning for retirement
were strictly finacial in nature:
-
"How much money will I need to live on?"
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"Will my money last through my retirement?"
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"How good is my pension plan?"
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"Have I saved or invested enough?"
In the New Retirement, the same questions may persist, but they are often
superceded by questions that are more soul-searching:
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"How will I spend my time?"
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"How will I react to not having a job?"
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"How will I accept my changed status?"
"What is my purpose in life now?"
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"What will keep me motivated?"
Helping clients think through and answer these questions is fast becoming
a major part of retirement planning, lifestyle planning, and transition coaching.
Retirement Advantage Coaching is here to bring focus and clarity to your
retirement lifestyle planning decisions.
4. How Do You See Your Retirement Shaping up?
-
Would you like to inspire others and to help them reach their
greatest potential?
-
Would you like to become a mentor, modeling leadership practices
and attitudes in your community?
-
Would you like to continue to work, to be an entrepreneur, or
to volunteer and wonder how that can be structured?
-
Would you like your life to be fun and pleasurable, but also
more purpose-driven and meaningful?
If you answered "yes" to any or all of these questions, then you
are ready to transform your life in retirement.end to create a retirement
lifestyle plan to realize it.
5. What Do We Offer?
If You are Thinking of Retiring… What then? How will
you define the next chapter in your life? Do you have a lifestyle plan for
your retirement? Did you know that most people spend more time planning their
vacation than for their retirement? Retirement shouldn't just happen on its
own, it needs to be planned for and carefully thought about.
Retirement Planning includes more than Financial Planning. It’s
about creating purpose and meaning in your life for the next 20 to 30 years.
It's about finding meaningful replacements for the benefits of work: independence,
time management, purpose, status, comradeship.
i. Take a Retirement Assessment
The LifeOptions Profile is our newest self-assessment. Taking
a retirement assessmet is yor first step. By taking one
of our assessments, you will receive a 10-page written report on your current
level of preparedness for retirement based on a self-evaluation questionnaire
covering key factors. It provides a blueprint for the lifestyle you may wish
to live after your current full-time employment has ended.
The LifeOptions Profile (LOP) provides participants a clear,
concise, and comprehensive overview of their current ideas about, and planning
for, their retirement. It helps people identify and plan for new ways of
living by focusing on several factors within the six arenas of life.
Are you curious about your retirement readiness? Then contact
us today for more information on using the LifeOptions
Profile©
ii. Receive a Retirement Assessment Debrief?
Whether you are looking towards retirement or are already retired, our coaching
debrief and referral program will help you interpret the results of
the LifeOptions Profile. The Profile and its interpretation is your blueprint
for creating a successful and satisfying retirement life.
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To identify your retirement readiness strengths and concerns
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To prepare you for a retirement lifestyle that is enjoyable and
purposeful
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To help you set priorities and establish timelines
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To support you in overcoming fears and other psychological barriers
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To assist you in determining whether you will work or volunteer
and how it will be structured
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To help you create a personal retirement mission statement
- To design with you a personal retirement development plan
7. What is Retirement Advantage about?
We are a referral service and access point for individuals and organizations
seeking retirement readiness assessment and planning, and to provide retirement
readiness solutions in terms of matching the appropriate coach or expert
with individual clients. Our services Include:
8. What Else Do We Offer?
What is your company doing to help pre-retirees make the transition? Most
companies offer financial planning and pension awareness programs only. Finances
are only one factor to consider in preparing for retirement. Retirement includes
Life Planning in addition to Financial Planning.
We offer a referral service for a half day presentation or a full weekend
retreat on retirement life planning. The goal is to empower employees to
take an active interest in creating an enriched, meaningful transition into
retirement. Most people spend more time planning their vacation than they
do their retirement! Don't let yourself be one of these people!
To implement a more complete package of retirement planning for the wave
of aging Baby Boomers contact us to schedule an appointment to discuss retirement
life-planning in your company.
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