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Retirement Can Be a Labor of Love

I got a LinkedIn message the other day from an ex-colleague I hadn't heard from in a while. His message was short: “Thought you’d be retired by now. Can’t believe you’re still working.” 

At first thought, I smiled as it captured his spirit of being concise and snarky (in a good way) and brought back a flood of memories from when we both labored long and hard at our corporate jobs.

On second thought, though, I became both reflective and questioning. The fact is, I am working. I have become a fee-only financial planner since leaving corporate. Yet, I actually consider myself “retired”. How can those two things coexist? 

Am I Working or am I Retired? 

I am doing both. I am working, and I am retired. My thoughts on retirement at my current age of 59 are completely different from when I was 48, when the organization to which my ex-colleague and I had both dedicated so many years, was acquired. At the time, I had just one question I was trying to answer: “How much do I need to retire?” 

The Transition from a “Job” to “Work”

While not a conscious decision, it's clear that over the last decade, I have come to the realization that I will never “retire.” I love to work (and I have no idea what I would do with my time if I didn't work). However, my definitions of work and retirement have changed significantly. I can't recall the last time I used the word “job.” I don't have a job anymore. A “job” was something I was obligated to do. Instead I have “work” in which I can pick and choose how, when, and with whom to work. A “job” and “work” don't have to be mutually exclusive, but they are different. 

Retirement is Being 100% Authentic and Free of Significant Financial Concerns

As for retirement, it has evolved into a qualitative state of being rather than a quantitative line of questioning related to funding – “How much do I need? When I will I have that?” Instead, retirement is doing whatever it is a person chooses to do, being 100 percent authentic doing it, and being free from significant financial concerns. 

I still have the “process thinking” mentality I learned in nearly three decades of working in the corporate arena and now, as a financial planner, I have a revised perspective on the phases required to reach retirement. Retirement planning is a process. At each life stage, there are different actions that are appropriate, and, based on our success at implementing in each phase, we are building the stepping stones to freedom in parallel to building net worth. So, both the quantitative number (“How much and when?”) and the qualitative freedom (“What will I choose to do with my time”) are there, although we must be laser-focused on the former to build the extent of freedom we have with the latter, and how soon we can get there. 

And that's why I love my work. I “project manage” my clients through the process of building and implementing the path that that leads them to their financial freedom. 

I finally responded to my ex-colleague’s Linked-In message with a short note: “I am. Believe it.” 


Investment advisor representative of and investment advisory services offered through Garrett Investment Advisors, LLC., a fee-only, SEC-registered investment advisor. Tel: (910)-FEE-ONLY. Fialkow Financial Planning may offer investment advisory services in the States of Florida and Texas and in other jurisdictions where exempted.

This communication has been provided to you for informational purposes only. Although information in this presentation has been obtained from and is based upon sources that Garrett Investment Advisors, LLC believes to be reliable, Garrett Investment Advisors, LLC does not guarantee its accuracy and it may be incomplete or condensed. This information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation.