Opportunities in the Great Resignation

Boomers are retiring, in greater numbers now after two years of Covid restrictions. Many were forced to work at home or were laid off during the worst of the pandemic, and when called back to work just said no.

The press called it the great resignation, but it wasn’t it was a two-part paradigm shift. The first was that boomers who were delaying retirement, jumped into it vigorously and younger workers started to question their relationship with the job. This opened up many opportunities for entrepreneurs. One of which was a new focus on retirement coaching. I have been writing about how to make the transition from work to retirement since 2010 and find it interesting to watch the new emphasis on getting a coach to help make the transition easier.

For some of the 10,000 Americans who the U.S. Census Bureau estimates are retiring each day, a retirement coach could make a big difference and be the Best New Idea in Retirement. The entire Boomer cohort will be at least 65 years old by the end of the decade. Many boomers need guidance on what is arguably the biggest turning point of their lives

That’s where a retirement coach comes in. Think of a retirement coach as a listener, adviser, therapist and friend rolled into one. Retirement coaches help workers transition from careers into whatever it is they’d like to do — and be — next.

Moving from work to retirement is not easy for many. It can be one of the most important transitions in your life. When thinking about retirement, people may become overwhelmed, because thinking about retirement involves making many personal decisions that reflect one’s history, interests, temperament, family circumstances, needs, wants and desires. Failure to plan is not uncommon and so many when they first retire may be confused, uncertain and unsure of what they can and should do with themselves., uncertain and unsure of what they can and should do with themselves