3 TIPS FOR DOWNSHIFTING INTO PRE-RETIREMENT
Tip 1: Change Your Existing Role from Full-time to Part-time
Employers want to keep good workers and it is expensive to train new ones. There is a good chance you can build a solid case with your current supervisor to transition into a part-time role. First, figure out the advantage this provides to the employer, and then, how the workload can be managed in fewer hours or redistributed. Creating a solid plan and selling the advantages can open the dialogue to successfully start your phased retirement while still providing value to the company.
Tip 2: Follow your Bliss
Talents come in all forms and are gifts that express your true nature. When used to help others, they enhance the surrounding community and give meaning to life. Your unique talent coupled with hard-earned wisdom and experience is valuable. For instance, if you have an interest in living a healthy lifestyle, this could translate into nutrition consulting services. Enjoying money management and helping others find financial freedom? Then you could just be the talent that a CPA or wealth management would love to have on call for busy times. The point here is to discover a talent that can be used to elevate others. Turn it into a career you love and this, in turn, will bring meaning to your life. Follow your bliss!
Tip 3: Join the Gig Economy
First, identify your strengths and match these strengths to the skills needed for jobs in the new world of work known as the “gig economy,” the “sharing” or “on demand” economy. This is a new line of work that involves online intermediaries connecting independent workers with customers. There are hundreds of online platforms focused on everything from ride-sharing to legal services, consulting, healthcare and freelance marketing. So, there really is a good chance you can find gig work that fits your unique interests and expertise. A few of our favorite online services that match up “sharing” or “on demand” services include Upwork, Take lessons or Thumbtack.
Be brave! There is always a way to change your life situation to accommodate a new way of living. Explore all your options for phased retirement, find out what works for you as you consciously uncouple from your current full-time role and go for it!