Lifestyle Design and Reinventing Retirement

retirement

retirement (Photo credit: 401K)

Monday I wrote about a TED video by Tim Brown, on the subject design. It challenged me to consider a question that I think is on the minds of many Boomers and Gen-Xers about how they are going to reinvent retirement in this modern world. The question is:

How can Boomers and Gen-Xers enjoy the benefits of retirement while at the same time remaining active, productive, and profitable members of our modern society?

What this question boils down to is a matter of lifestyle design. By this I mean how the whole of a person’s life (family, health, community, dreams, purpose, etc.) fits together in a homogeneous way and provides benefit and blessing both to themselves and to those they interact with on a regular basis.

You see, retirement, by my definition does not mean to stop working altogether (most people cannot/don’t want to do this) but to transition into a lifestyle that allows for you to be more in control of your time, talents, efforts, and the direction of your life travel.

How can a Boomer/Gen-Xer wake up in the morning and engage in activities that they choose, while maintaining an active, productive, and profitable life? What can they do to spend time with family, travel, volunteer, and create in a way that makes them happy, healthy, and a value to their community/society? What is their life-dream and how can they create a design plan that brings all the elements of that dream into fruition every day?

Most people don’t consider such things and as a result end up looking to get back into the workforce shortly after the big “retirement party.” One retiree who is 70+ said, “I am bored to death, I just want something to do.” Another said, “I want to continue to feel useful and valuable in my retirement life.”

Both of these folks retired like they had been told to and found that without some lifestyle design work in place they were doomed to “being retired.” What they really want is to design a lifestyle that will give them the benefits of retirement (slower pace, more control, and the pursuit of what they consider valuable) while still being active, productive, and profitable (financially capable for their own needs).

What about you? Are you planning for those great years of life where you can live out your dreams at your pace and according to your desires? What advice can you give to those who are just beginning the process?

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Design Thinking and Reinventing Retirement

TED (conference)

TED.com (Photo credit: Wikipedia)

I just finished watching a TED Talks video by Tim Brown about the need for a fresh look at the idea of design. He believes (and I agree) that what needs to happen in this age is for innovative/creative people to become design thinkers. Design thinkers, Tim explains are those who, “solve problems and make world-changing innovation.” He went on to explain that this kind of thinking had three basic characteristics:

  1. Design thinking is human centered.
  2. Design thinking doesn’t think to build, but builds to think.
  3. Design thinking shifts from consumption to participation.

As I listened to him, my thoughts began to turn to my passion of helping Boomers and Gen-Xers reinvent retirement. I think that what is needed to accomplish this is for these two groups to engage in this “design thinking.” But if we are going to make the most of this kind of thinking, we have to begin with the question:

How can Boomers and Gen-Xers enjoy the benefits of retirement while at the same time remaining active, productive, and profitable members of our modern society?

We have to decide how our “retirement years” can be lived to the benefit of others while providing us with the time and personal fulfillment we need as well.

We need to be courageous enough to build our retirement businesses in order to think, rather than thinking in order to build. In other words, we need to see our business as a prototype of what it will become as we learn what will and won’t work in response to those we are seeking to serve (our clients/customers).

We need to shift our retirement thoughts from what we can consume or provide for consumption and build our retirement years by looking for ways to encourage active participation in life and innovative thought, by the greatest number of people.

This kind of design thinking will make our retirement years the best of our lives and will allow us to leave a legacy that will far outlive even our best efforts!

What do you think? How would you use design thinking to make your retirement years the best years of your life? What can we do to encourage this kind of thinking in others?

 

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