Ten years ago if you asked someone when he or she wanted to retire, they would often say 55 years old. Today when I ask that question I get a very different answer. I’m not sure that if financial constraints weren’t in the way, the answer would still be 55 years old.
One of the things that you might want to think about is whether retiring or changing jobs is a more appropriate thing. I believe that some people get bored doing the same job for thirty or more years. Having the ability to change jobs and careers along the way makes sense, especially when we’re looking at lifespans that last for seventy or more years. And, during this time we have our health and the ability to work.
Along these lines here are some reasons you might want to retire from your present job. If any of these resonate with you I suggest that you take the time to talk with both a career councilor and a financial planner about making a job change or having retirement be a possibility sooner than later.
I’m bored or don’t find my present job fulfilling. In our early years we take a job because we don’t know any better. Few of us took the time to really think about what industry or career was something we wanted to do. As we get older, we often have the opportunity to look at our work career and make a change that is more fulfilling which often helps with solving the boredom question.
My job or industry is become less satisfying. Industries change and as a result jobs in those industries often change. A job that you used to enjoy may have changed to the point where you no longer enjoy what you’re spending your time doing. If your industry provides little satisfaction, it’s probably a good idea to think about doing something else.
I’m forced to compromise my morals to stay in this job. When industries become tougher, companies will sometimes ask employees to do things that are unethical. When we are forced to do unethical activities at work it costs a price that we pay personally. Authenticity only works when we’re allowed to be honest. When we’re not, I believe the price we pay is too high.
There are other things I would rather do. If you spend a great deal of time dreaming about other things you would rather do, then it’s time to find a way to make a living doing those other things. This is where a conversation with a financial planner might make sense. If the other thing is something that doesn’t pay as well, what plans can you put in place to make the change a reality?
I find this entire area of when it’s time to move an interesting topic of conversation. It’s a decision I made fifteen years ago and I’m glad I did. Remember, in this country we have choice about where and who we work for. I think that’s a good thing.
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