Retirement Re-Invented: Boomers find meaning in their second acts

What did you want to be when you grew up? Perhaps a doctor, teacher, entrepreneur -- or something else. Well, now that you’re all grown up...are you again wondering what you want to be?

Now you finally have the time. You have a wealth of experience. You know what you like and dislike. You understand what you do well, and the things that you shouldn’t even think about handling. You realize what environments, people, and situations bring out your best... and those that are toxic and cause stress.

So, armed with experience, insights, personal understanding, and time, what’s next for you and your life? Will you choose to re-invent your retirement years and find new meaning in your second act?

Here are some people who did:

Medical School at Age 59
Here’s one example of what’s possible with a retirement re-invention. Imagine going to medical school at age 59. Well, Genevie Kocourek “retired” to a brand-new career. She retired from her IT job and enrolled in medical school at the University of Wisconsin.

Certainly becoming a doctor in your second act is a huge step that most boomers won’t take. But opportunities to find meaning exist. Consider these options:

Consulting - Consulting is an ideal way to put your experience to work on your terms. You know how to solve problems and add value. Now you get to make the rules on how you will deliver the value you bring.

Nonprofit work - As a seasoned executive, you can leave behind the pressure and stress of hitting your numbers and help serve society. Nonprofits need experienced leaders and managers. Search for nonprofit organizations that match your personal passions.

Teaching - If you love working with kids, a traditional K-12 school might be the perfect second act for you. Also, trade schools, community colleges, and even some colleges are looking for instructors with real-life experience rather than advanced degrees.

Start a business - After a career spent working for someone else, maybe you’ve always dreamed of having your own business. Check out franchise opportunities, or explore how people are earning money with new technology.

“People are now earning income in ways that we never could have even imagined just a few short years ago,” said Nancy Collamer, author of Second-Act Careers: 50+ Way to Profit From Your Passions During Semi-Retirement

Your own personal passions, lifestyle goals, and finances will determine the right fit for you. So, now that you’re a grown up, what do you want to be?