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Redefining Retirement: The New 50s
From:
Jerry Cahn, Ph.D., J.D. --  Age Brilliantly Jerry Cahn, Ph.D., J.D. -- Age Brilliantly
For Immediate Release:
Dateline: New York, NY
Wednesday, August 28, 2024

 

At one time, turning 50 meant starting to think about retirement. But today, many of us in our 50s are far from winding down—we’re gearing up for new challenges, learning fresh skills, and finding innovative ways to stay relevant in an ever-changing world. The traditional concept of retirement is being redefined, and for good reason: we’re living longer, healthier lives, and many of us are eager to continue contributing well into our later years.

Take Chip Conley, for example. After selling Joie de Vivre, the boutique hotel company he built over 24 years, Conley didn’t retire. Instead, at 52, he was sought out by Brian Chesky, the then-31-year-old CEO of Airbnb, to help guide the young startup into the hospitality giant it is today. Conley found himself in a unique position—both a mentor and a learner, what he describes as a “modern elder.” In his book Wisdom at Work, Conley writes, “Everyone working past middle age today needs to become a modern elder, simultaneously sharing wisdom while embracing fresh ideas and ways of thinking.”

Conley’s experience resonates deeply with many of us. In the past, 50 was a milestone that signaled the beginning of the end of one’s career. But today, it’s often just the beginning of a new chapter. Whether we plan to work for another decade or two—or even three—the key to thriving in our later years lies in staying relevant, keeping our minds open, and maintaining a willingness to learn.

The concept of the modern elder is not just about age—it’s about attitude. It’s about recognizing that while we have accumulated a wealth of experience and knowledge, we also have much to learn, especially from younger generations. This mutual exchange of ideas, where wisdom meets innovation, is what keeps us sharp and engaged.

Sharon Lewis is a prime example of how embracing the role of a modern elder can be both exciting and fulfilling. At 60, Lewis decided to enroll in a cultural apprenticeship program at the firm sparks & honey, which brought together millennials and seasoned professionals to collaborate on projects, including a report on the future of work. “The idea of working around so many younger people was exciting and invigorating,” Lewis said. “I feel wiser, more well-rounded and updated, and I’m almost in withdrawal now.” The mutual mentoring she experienced was particularly rewarding, as she noted, “We’re just not competing with one another because we’re at different life stages.”

This idea of mutual mentoring is supported by research. A study by the Harvard Business Review found that organizations that foster intergenerational mentoring see increased innovation, better decision-making, and stronger leadership development. The study also noted that older workers bring a level of emotional intelligence and stability that complements the technical savvy and fresh perspectives of younger colleagues.

Kevin Walker, 55, found himself at a crossroads after being laid off from a 24-year career in utilities. Instead of seeing this as the end of his professional life, Walker embraced the opportunity to reinvent himself. He moved to Denver and founded TurtleWise, a technology platform that connects people seeking advice with mentors willing to share their knowledge.

Walker’s story illustrates an important lesson: the ability to adapt and learn is critical as we age. In a world that is constantly evolving, those who can remain flexible and open to new ideas will find themselves thriving rather than merely surviving. This adaptability is not only a personal asset but also a critical skill in today’s workforce.

For those looking to stay relevant, there are many resources available to help you continue learning and growing:

  1. Online Learning Platforms: Websites like Coursera and edX offer courses on a wide range of topics, allowing you to keep your skills sharp or explore new areas of interest.
  2. Mentoring Networks: Platforms like TurtleWise and MentorCity connect mentors and mentees across different industries, facilitating the exchange of knowledge and experience.
  3. Professional Development: Joining professional organizations or attending industry conferences can provide valuable opportunities for networking and staying up-to-date with the latest trends in your field.

Age Brilliantly believe that aging is not a time to slow down but a time to refocus, reinvent, and re engage with the world around us. The stories of individuals like Chip Conley, Sharon Lewis, and Kevin Walker inspire us to embrace the role of the modern elder, to seek out opportunities for mutual learning, and to remain active contributors to society.

As we continue to redefine what it means to age, let’s ask ourselves: How can we continue to grow, learn, and contribute in our 50s, 60s, and beyond? What steps can we take today to ensure that we remain vibrant, relevant, and fulfilled in the years to come?

We invite you to join the conversation and share your thoughts in the Age Brilliantly forum. Together, we can inspire each other to live our best lives at every age.

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Name: Jerry Cahn, Ph.D., J.D.
Title: CEO
Group: Age Brilliantly
Dateline: New York, NY United States
Direct Phone: 646-290-7664
Main Phone: 646-290-7664
Cell Phone: 646-290-7664
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