So many people work so hard for so long that their identity becomes deeply intertwined with their career. So what happens when you retire? There's a retirement coach who can help you make the transition:
Craig Bernhard worked his tail off for 43 years. Twenty-six of them were in the Air Force, which included time as a fighter pilot — F-106 Delta Darts and later the F-15 Eagle — and then 17 at Boeing Corp. , where he worked on various weapons programs. It was rewarding, fast-paced, well-compensated, but also intense, highly stressful, and never ending. By 2014, he was 64 and had had enough.
Before going further, let’s make this important distinction: “retirement coaching” is very different from “retirement planning,” which typically conjures up thoughts of money. Will there be enough? How should it be allocated? How and when should it be withdrawn? What about Social Security, Medicare and all the rest? Important as these matters are, that’s not what retirement coaches do.
Cascio emphasizes that coaches should be trained by a certified coaching organization and that all coaches should adhere to a code of ethics. “There are some coaches who say they’re coaches but they’re not coach trained,” she says. “That’s why a bio with credentials is so important.” It is these standards and ethics that enable coaches to work effectively, honesty and confidentiality with clients, she adds.
The focus on work and career is often so all-encompassing, so overwhelming, that it can lead to problems when workers finally do step away: a loss of self-worth, alcoholism, health issues, divorce , and, for retirees on their own, isolation, a health issue in and of itself. As Bernhard was working with Cascio, he realized that easing into retirement — gradually cutting back at work — would have made for a much smoother transition. “Working 20 hours a week would have been perfect,” he says. But in 2014, Boeing’s all-in, hard-charging culture wouldn’t allow that — it was full time work or nothing. Today though, there are massive labor shortages in the United States — 11.2 million job openings as of February, the Labor Department says, twice as many as 2014.
Carr — who, like Cascio, also emphasizes the certified training, adherence to ethics and high standards that coaches should have — has a process when working with clients. It involves a lot of listening to new clients, getting them to open up about their situation, and getting them to express where they would like to go. She took me through it. This involved drawing a circle, sliced up pizza-like into eight pieces.
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