You’ve been comfortable in your role for years.
You’ve performed well. You’re successful at what you do.
Then one day, your manager calls you into their office.
It’s Friday afternoon – that’s not a good sign.
And then it happens to you.
You’ve heard of business connections and friends being pushed into early retirement.
But you NEVER expected it to happen to you.
How could it? You’re a star performer.
And face it, you’re not even that old.
Being pushed into early retirement does NOT mean the end of your work-life.
Many executives who are pushed into early retirement still rely on their role at work to define their self-worth.
That’s why it’s hard to end a career suddenly.
After the initial shock, start looking for your next career step.
Maybe you want to pursue a passion such as photography or landscaping.
Maybe you want to teach at a local college.
Start talking with your connections to find that next opportunity.
Schedule networking meetings and events but don’t overbook yourself.
Block off time to reflect and explore possibilities.
Use that time to research different fields.
Renting a temporary office may help if you find it challenging to work from home.
There are many virtual office spaces or communities where you can rent space short-term.
Another way to expand your connections and options is to increase your nonprofit activity.
Become more active in your community by joining a committee or even becoming a Board member.
You never know who you’ll meet while helping those in need.
The more you put yourself out there to meet with different connections, the quicker you’ll find an opportunity right for you.
It’s a new chapter in your life – enjoy the journey.
And remember to stay PEF (positive, enthusiastic, and focused)!
(Update to original post from October 19, 2016)
ABOUT THE AUTHOR:
Niv Persaud, CFP®, CDFA®, RICP®, is a Managing Director at Transition Planning & Guidance, LLC. Life is more than money. It’s about living the lifestyle you want and can afford. For that reason, Niv consults with clients on money, life, and work. Her approach capitalizes on techniques she learned throughout her career, including as a management consultant, executive recruiter, and financial advisor. Her services include developing comprehensive financial plans, divorce financial reviews, and retirement plans. Niv actively gives back to her community through her volunteer efforts. She believes in living life to the fullest by cherishing friendships, enjoying the beauty of nature and laughing often — even at herself. Her favorite quote is by Erma Bombeck, “When I stand before God at the end of my life, I would hope that I would not have a single bit of talent left and could say ‘I used everything you gave me.’”