Posted by suzanne on Apr 12, 2017
There is a realignment of work and retirement in society as the population ages. It is a growing trend. Older adults are continuing to work past traditional retirement age.
CBC’s The National followed a couple of Canadians as they reflected on their decision to keep working into their later years. They found work opportunities for their ‘next act’ that help generate an income and maintain their lifestyle. Furthermore, their work is personally fulfilling and meaningful to their community.
Benefits go beyond the paycheque; working keeps people active and engaged. It was also nice to hear another perspective on the benefits of hiring mature workers.
I coined the term redirection to refer to the new stage of career as people transition into new pursuits and occupation to stay engaged and continue to work. Redirection is an alternative to retirement. It is an exciting time of life. New possibilities are investigated and explored. Older adults discover that their skills and competencies are transferable. My new documentary film explores five people’s experiences with redirection.
CBC News discusses the trend towards delayed retirement. Provinces like Nova Scotia and New Brunswick are already rethinking and implementing policy to address this new trend.
It is time to rethink government policy to consider the ways people are and can work longer and what this means for social structures and institutions in Canada.
Category: Active Engagement, Aging Population, Aging Workforce, Career, Economic Issues, Family, Health and Wellness, Intergenerational, Life and Living, Longevity, New Retirement, Relationships, Social Policy, The Redirection Project, Work
Posted by suzanne on Feb 1, 2017
Older adults are continuing to work into their later years. They work for meaning, purpose, engagement, stimulation…and a paycheque.
Some individuals retire, then decide it is time to go back to work.
This is a beautiful video telling the story of one woman who retired, then decided to keep working into her later years.
Mature and experienced workers have a lot to offer. It is challenging and rewarding to redirect into new occupational pursuits.
Posted by suzanne on Dec 8, 2016
Redirection is an alternative to retirement. A large and growing proportion of older adults are choosing to work past what has traditionally been thought of as ‘retirement age’. This represents a significant shift in our society.
The Redirection Project examines this new and emerging social trend. Results of the research will be shared in January. First, a webinar will be held on January 12th, 2017. Sign up here. Second, there is a presentation at Cannexus17 in Ottawa on January 23rd. Sign up here.
The documentary film Redirection: Movers, Shakers and Shifters discusses these issues and portrays the stories of five adults who found second or third careers after age 50. The English and French trailers of the film are available. The documentary film is been screened through feature presentations around the country to great acclaim.
Posted by suzanne on May 25, 2016
This trend is occurring for many reasons. Some people cannot afford to retire. They need to pay bills. They need to be gainfully employed past traditional retirement age. They have not saved enough to retire. They are in debt. In other words, they cannot retire and live on a fixed income.
CBC Radio’s The Current highlighted the challenges of some of these individuals. Listen to the podcast.
Other people want to continue working. They gain a great deal from their paid work. For example, work provides self worth and self-esteem, mental stimulation, physical activity and social relationships. Some of these individuals might have retirement savings, so income generation is viewed as a benefit but it is not the primary motivation. They might be professionals who are highly educated. They believe they have more to contribute; they are not ready to retire.
When I started conducting the Redirection Project and investigating later life career development, career shift and career extension, I recognized that there is a dichotomy among older workers. Some must work; some want to work. It is great to hear from older adults about their diverse experiences (and the surveys are still available for participation). Both of these experiences are important to understand; hence, I developed the on-line surveys to reflect both sets of circumstances. The fact is that socio-economic circumstances have changed a great deal since the retirement system was developed.
Indeed, paid work during later life is important. Paid work represents many things to individuals. Motivations for later life paid work are complex. This new trend is a big shift from the previous model of retirement. It is a big shift within workplaces as well. Policy to address this social change must be carefully handed.
This is why the qualitative and quantitative datasets collected through the Redirection Project are critical for gaining a better understanding of later life career development and employment experiences and informing social policy, organizational programs and career development practice. For more information about the Redirection Project, please visit www.MyRedirection.com.
Posted by suzanne on Feb 17, 2016
The Broadbent Institute report ‘An analysis of the economic circumstances of Canadian seniors‘ is a call to action on pension and retirement issues. This report discusses many challenges with the current system of retirement and pension plans.
The report further explains that many Canadians are at risk of living in poverty during later life. Changes to CPP/QPP, OAS and GIS can provide assistance.
Individuals age 50 and older can choose retirement or they can redirect and transfer their skills, experience and knowledge into a new occupation or career. For more information, please visit: www.MyRedirection.com.
Posted by suzanne on Feb 16, 2016
The workforce is aging and the mature workforce has distinct benefits to offer employers. Leading-edge organizations are beginning to understand this. It is exciting to see the strengths of older workers being recognized in Canadian workplaces.
This is because older workers have many benefits to offer employers. At the same time, human resources professionals have a key role to play regarding the career development of older workers. They can develop strategies that move older workers into roles that enhance workforce effectiveness and organizational productivity. In fact, to meet organizational objectives there are five areas for human resources professionals to focus on:
- Identifying new career pathways
- Adjusting the organization with HR strategy
- Redirection reset button
- New career challenges and projects
- Career development, beyond traditional retirement
As I outline in the January 2016 issue of HRPA magazine, it is critical to pay attention to these issues. Managers and human resource professionals who understand what an aging society means for their workforce can leverage mature workers in their organization. For more information, I invite you to read pages 31 and 32 here.
Posted by suzanne on Jan 26, 2016
I coined the term redirection to refer to the new stage of career as individuals transfer their skills, experience and knowledge in a new direction. By pursuing a new occupation, individuals are able to use some of their strengths while learning something new. This provides revitalization.
Attention Northumberland County Residents, please click here: Magnet Redirection Project.
The Redirection Project examines how Canadians in their 50s, 60s and beyond are turning away from traditional notions of ‘retirement’ to seek new employment. There is a radical change taking place with an expansion of our working lives and re-imagining of retirement as the baby boomers enter what has traditionally been viewed as their retirement years.
The Redirection Project is a CERIC-funded national research initiative. The project consists of a national survey (see below), success stories to help inspire others and a documentary film (see the story contest).
The research examines partipants’ experiences with later life work and career development as they shift gears and pursue new types of work.
If you are age 50 or over and seeking new employment (or have already found your new career), you are invited to participate in important research about this topic in order to help others in similar circumstances.
The project has received great coverage in the Globe and Mail.
Posted by suzanne on Sep 19, 2015
For adults age 50 and over, longevity has combined with a rethinking of work and income options. There is a radical shift taking place with an expansion of our working lives and a re-imagining of retirement, combined with a demographic shift to an aging society.
Delayed retirement is a growing trend. Since the mid-1990′s, there has been an increase in the employment rate of older Canadians. In fact, Statistics Canada data show that from 1997 to 2010, the employment rate of men 55 and over increased from 30.5% to 39.4%1. During the same time, the rate for women grew from 15.8% to 28.6%. In addition, a Canadian survey indicates that a growing number of individuals expect to be working full time at age 662.
It is a pleasure to announce my new study. Funded by the Canadian Education and Research Institute for Counselling (CERIC), this project will examine how Canadians in their 50s, 60s and 70s are seeking out second and third careers as “retirement” is redefined. It will also look at how career professionals can best assist older adults in their career development. The Redirection: Work and Later Life Career Development Project will examine this new phase of later life career that is emerging.
I coined the term “redirection” to refer to the process of finding new pursuits during the second half of life. Redirection, which aims to move beyond traditional notions of retirement, occurs as older adults increasingly seek the rewards of work and stay engaged. It can be a stage of renewal, reinvention and growth.
1Galarneau, Diane and Carrière, Yves. 2011. “Delayed retirement: A new trend?” Perspectives on Labour and Income. Autumn 2011, vol. 23, no. 4. Statistics Canada Catalogue no. 75-001-XIE.
Posted by suzanne on Apr 9, 2015
Mature individuals have a great deal to offer. Leveraging their experience, abilities and wisdom is critical in our aging society.
In Western society, there is a tendency to overlook mature and experienced workers. They do not receive the respect accorded to them in the past, or in other countries.
Recently, the New York Times published a lovely compendium of experienced masters - individuals who are at the top of their craft. These inspiring people, of mature age, continue to be highly productive older adults who are passionate about the work they do.
Over and above the meaning and purpose work offers for these individuals, their stories convey several key messages. First, their stories highlight their openness to learning and being present in the moment. These are qualities that need to be cultivated. Also evident is the importance of process and the honing of great works over time. Therefore, patience, dedication and self awareness are critical to becoming a master and developing seminal and socially meaningful work. In addition, they are very inspiring. Finally, I wonder if their age matters because it is their talent and their craft that stand out to me.
In any case, masters is a fitting description for them.
LEWIS H. LAPHAM (2014). Older masters at the top of their game, New York Times Magazine.
Posted by suzanne on Mar 21, 2014
This week, I was invited to Peterborough by Hatch to speak to older adults in the community about later life empowerment through self renewal, challenging roles and community innovation during the New Retirement. My presentation was sponsored by CARP. This is some coverage in the local media about my presentation.
It was a fabulous evening: we had a great turnout and people stayed after my presentation for an hour-long Q & A session. We discussed ‘retirement’, volunteering and social enterprise. Hearing members of the audience’s views on this topic was interesting. Not all older adults want to volunteer; some want to do more. Moreover, some want to earn money for their extensive knowledge, skill and expertise. This indicates to me that there is a shift occurring within attitudes and expectations for ‘retirement’.
I engage groups and help them see opportunities – the opportunities of later life. In partnership with Hatch and Peterborough Economic Development Business Advisory Board, I am offering a workshop series for adults who are in the Third Age and are interested in starting a new enterprise – something that generates revenue and gives back to the community. Please contact me (on my contact page) or visit Hatch for further information.