Is Your End of Career Approaching?

Shadows in Transition - 2021

Sierra Nevada, NV

Your Path to Preparedness

The End of Career is one of those major life events for which it’s critical to prepare well in advance. 

Early on, you’ll recognize that the magnitude and scope of the challenge is significant. As a result, you’ll also realize that to achieve a successful Transition you’ll need to devote focused effort over a significant period  of time. These inevitable, initial questions will arise: 

How do I begin? 

What should I do? 

In what order should I do it?

I know that you learned long ago, as I have, that great achievements require great preparation.

The First Step of the Path 

To begin, there are three major concerns for which preparation is essential.

The first of these is to prepare yourself, personally, to enter the next great phase of your life. As you do so, it’s important to keep in mind that your spouse and family, are also going through a transition.

The second concern is to prepare yourself professionally.

The third is to prepare your practice, whether you are solo practitioner, in a group or otherwise employed.

The Triad of Plans: Methodology

I recommend preparing a triad of plans that represent a methodology to achieve these goals. They are:

The Post Career Lifestyle Plan _TM 

The Post Career Financial Plan _TM 

The End of Career Transition Plan _TM

These three plans address your core personal and professional needs.They also focus on subtle, but important concerns of your particular practice. These distinct, complementary plans are customized to deal with your various needs in a logical, practical sequence. 

Here, I will focus on the first of these.

First Things First

The creation of your Post Career Lifestyle Plan is about preparing yourself at a very personal level. It also addresses the needs and desires of your spouse and perhaps your family. It's about describing your hopes and aspirations that comprise your dreams of how you want to live your lives after your End of Career.

This is the most enjoyable and valuable thing to do first.  Not only is it rewarding in his own right, but it also forms the basis for subsequent decisions that you’ll need to make. As you progress, you’ll encounter a variety of concerns that you’ll need to address. These matters will affect you professionally as well as your practice.

Practical Matters

These are some helpful, sample questions that you may want to ask yourself as you develop your Post Career Lifestyle Plan. They represent a variety of important matters you should address and consider the relevant answers.

I suggest that you begin by writing down the answers to these personal questions individually. Later, you can discuss them together.  As you go through this part of the process, your creativities will emerge in the form of new questions and answers that will help you develop your plan further.

• Do I want to end my career completely or undergo a gradual transition?
• To what degree do I need to continue to feel fulfillment of my purpose in life, such as I felt during my career?
• What are some ways in which I can continue to fulfill that need?
• How do I satisfy my desires to have fun?
• What are interests or hobbies that I would like to resume or begin?
• How do I want to live? What environment fosters my remaining active?
• Where is that place in the world that when I am there, I feel in the moment?
• What type type of weather and seasons do I prefer?  Follow the weather?
• How accessible is the means to travel to and from home(s)? 
• Is practical access available to family, nature, recreation, house services, groceries, etc.?
• How accessible is medical care? Routine care? Acute care? Long term care?
• What about state residency status? Voluntary vs. automatic by statute.
• State income tax liability? Property taxes?
• Do I have children with special needs that require my support? What are they?
• Do I have parents with special needs that require my support? What are they?
• What preparations can I undertake well in advance in order to avoid last-minute overload?
• What is the date certain that I will complete my Post Career Lifestyle Plan.   

On Sunsets and Sunrises

We sometimes think of the end of our career as though it were a sunset…and in certain ways it certainly is. Nevertheless, it is very beneficial to recognize that the sunset of our career is also the beginning of the sunrise of the rest of our lives. This is very much like the sun which it is preparing to rise even as it sets.

This process is usually a joyful experience as well as a challenging one. 

I congratulate you for taking the first steps to achieving renewal and fulfillment in the next great phase of your life!

Updated: Friday, March 17, 2023

PS: By the way, do you want to learn more from me about how to create and experience a fulfilling End of Career Transition and life beyond? I would like to help you. I provide consulting services that are tailored to your specific needs. Click here to apply for a complimentary consultation.

Sudden Slide - 2021

Sierra Nevada, NV