Retirement used to be a time when hardworking individuals were able to sit back, relax and enjoy their golden years. However, in recent years, there has been a shift in the way retirement is perceived. According to Bill Schantz, it is no longer solely focused on relaxing, but it is now a time for exploration, personal growth, and continued contribution to society. This change in perception has led to many people rewriting the definition of retirement.
Bill Schantz Rewrites The Definition Of Retirement
Retirement no longer has to be the end of an individual’s productive years, says Bill Schantz. Many people are deciding to use their retirement as an opportunity to start a new career, travel, or try new hobbies. According to a recent survey, more than half of retirees reported working in some capacity during retirement. This could be a part-time job or starting a new business. Retirement has become a time for individuals to pursue their passions and create a second act in their lives.
Retirement is no longer just about saving money to live comfortably. It is also about staying healthy and active. Many people are choosing to stay active in their retirement years by engaging in activities like yoga, golf, or dance classes. Others are opting for more adventurous activities like hiking, biking, or travel. Staying active not only benefits an individual’s health but also helps to reduce social isolation, which is a common concern for many older individuals.
The concept of retirement is also shifting away from the traditional idea of a certain age to retire. Many individuals are now choosing to retire at an earlier age so that they can focus on their passions and hobbies. Others are retiring later because they enjoy working and want to continue contributing to their field. It is now more common for individuals to retire when it is right for them rather than simply following the standard retirement age.
Retirement is also becoming more varied in terms of living arrangements. Many people are reconsidering the traditional retirement home or assisted living facility and opting for other options like co-housing or tiny homes. These living arrangements provide a sense of community and shared resources that are not available in traditional living arrangements. They also offer individuals the opportunity to downsize and simplify their lives.
Another significant shift in retirement has been the trend toward giving back to society. Retirement is no longer just about taking time for oneself, but it is also about making a positive impact on the community. Many retirees are volunteering at non-profit organizations or joining civic boards to contribute their expertise and experience. This trend, as per Bill Schantz, is a win-win because it not only helps the community but also provides retirees with a sense of purpose and fulfillment in their retirement years.
Bill Schantz’s Concluding Thoughts
In conclusion, retirement has undergone a massive transformation in recent years. It has become a time for exploration, personal growth, and continued contribution to society. While it is still a time to relax and enjoy life, it is also a time to pursue passions and create a second act in life. Retirement is no longer solely about saving money to live comfortably but about staying healthy and active. According to Bill Schantz, it is about finding community and shared resources in alternative living arrangements. And it is about giving back to society and making a positive impact. The new definition of retirement is one that is flexible, fulfilling, and focused on personal growth and making a difference in the world.