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(ARA) - Jim Wyner is having the time of his life. He lives in
La Jolla, Calif., and although he retired six years ago, he’s ecstatic
about his new career after retirement. And Jim is not alone. The
nation is experiencing large numbers of executives retiring, and
this generation of retirees is not sitting at home playing bingo.
These Baby Boomers are looking to give back to their professional
community and aiming to positively affect the lives of other executives.
At 64, Wyner retired from Peak Technologies where he was the president
and chief operating officer. He retired to Southern California,
and was really looking forward to relaxing and spending a lot of
time with his family. Just a few months later, Jim found his “next”
career -- and has never been happier.
“I was tired of business travel, but I also couldn’t sit at home
waiting for the social security check to come in,” says Wyner. “I
found that after I retired I didn’t think twice about going back
to work, it was simply the next step of my life.”
Wyner jumped back into the workforce by becoming an executive coach
with Vistage International. Companies such as Vistage are adapting
to the needs of the “new” workforce by offering retirees a chance
to use their knowledge and wisdom to guide the younger generations
moving into senior executive roles.
The AARP indicates 70 to 80 percent of Americans plan to work
after retirement and not because they have to, because they want
to. Baby Boomers are becoming more active in their community, serving
on boards, joining membership groups and volunteering after they
retire.
Sixty-eight percent of executive coaches, or Chairs, at Vistage
are retirees who chose to go back to work. Offering them great flexibility
and time to enjoy the benefits of a retirement lifestyle, a Chair
builds and facilitates groups of CEOs and senior executives wanting
to grow their businesses.
Jim Wyner is now in his fifth year of being a Vistage Chair and
says he loves it. Much like Jim, Dan Barnett, former chief operating
officer at Vistage, recently decided it was his time to retire and
spend more time with his family. Not wanting to leave the company
completely, he “retired” to become a Chair and now leads a group
in the Reno/Lake Tahoe area.
“It is my time to retire, not my time to stop working,” says Barnett,
“Working as a Chair allows me to spend more time with my family
while helping others through my experiences.”
This is a trend likely to continue. Looking forward, the federal
Bureau of Labor Statistics has projected the number of employed
Americans ages 55 to 64 will increase by 51 percent by 2012, while
the number ages 65 to 74 will increase by 48 percent. In 2002 about
one in seven employed Americans was 55 or older; in 2012 that share
will be close to one in five.
Just like thousands of their Baby Boomer peers, Jim and Dan are
discovering that working after retirement is no longer a trend;
it is a lifestyle. The next generation needs the wisdom of Baby
Boomers. With such a large gap between generations it is important
to pass along the knowledge and take advice from those who know
best; from those who have been at the top.
Articel courtesy of ARAcontent
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