I love the speed of digital communication! You don’t know how good it feels to be able to write on a subject, post a few candid interviews and then receive an immediate response from you as a topic that hits a hot button. One such hot button is Reinvention.
One of my favourite recent interviews was with Bernard Salt. I’d describe him as Australia’s personal barometer of social change, and you’d know him from his columns in The Australian and Herald Sun. He is such an incredible source of information across so many topics I wanted to steal him away and talk for hours.
One area of interest I wanted to get his view on was the idea of retirement and what it will mean in the future. Will the word become redundant? Is there another word that could replace retirement?
Our view on retirement has changed considerably over the last few decades and it’s especially poignant considering the changes to government policy encouraging us to work later in life; concessions given to employers to bring older people back into the workforce and now the threat to aged pensions with the current asset threshold on the chopping block. Statistics keep reminding us that we will live to a greater age and the government won’t be there holding your hand till the end, so we have to seriously consider how our finances will continue to support us and how our mental state will be strong enough to weather the oncoming years.
Bernard used the word ‘freedom’ as an alternative to the word ‘retirement’… and to me that encapsulates exactly where you want to be in your ‘retirement’ age. Having the freedom to make life choices for you and yours, and having the freedom to finally indulge in your passions. It’s also very much about having the freedom to work if and when you want to, doing the things that continue to stimulate and challenge you.
I know I will always be wanting to be involved in things that are important to me, using my brain and making meaningful contributions on some level. It’s the connection to others that is so incredibly important, as well as feeling useful.
Now is the time where we should gather some perspective on where we’ve been, where we are now and what we want our future to look like. Bernard’s view also really summed up how much change we could be facing at this point in our life, and what challenges we may be presented with.
The words he used to define new ways of thinking are; Refinance – Restructure – Re-partner – Renovate – Repurpose – Resilience. It’s all about Reinvention.
Starting BalanceBDH a few years ago was all about reinvention for me – looking back at what skills I’d gained over the years and putting them to good use in following a wellness path that clearly has become a major passion. I am also building a business that will hopefully see me gainfully self-employed for many more years, giving me an annuity stream, keeping my mind engaged surrounded by like-minded people and having the freedom to make choices that brings me happiness.
Now might be a good time to look ahead and think about which ‘Re’ relates to you?
“It is never too late to reinvent yourself – Challenge yourself to accept change and new opportunities”