Business Mandate fountainhead of excellence
Our “self‐worth” is determined in our own minds by our job and the position. reason for this is that most of us define who we are by our jobs, our organisation and the title we hold. Our “selfworth” is determined in our own minds by our job and the position. As Hyrum Smith, author of the book “Purposeful Retirement” says in the book: If I based my value on my job and my job goes away, my value as a human goes away with it. This leads to big trouble. This leads to unhappiness, isolation, depression, and eventually death. He gives the example of a senior officer in US Army: “After 38 years of service, now a full colonel, he was told to retire. He didn’t want to go. The military was his life. He felt as though “Retirement is no longer an end. It’s a new season to live purposefully.” ~ Hyrum Smith, Author of “Purposeful Retirement”
or CAs, may choose to retire to take a
ost people who are
Some others may be forced to retire
working
an
involuntarily due to organisational
organisation as employees
restructuring, acquisition or other
M
in
at whatever level, will retire at some
break from their profession and have more time to pursue other interests.
reasons.
stage in their lives; it could be at the age
Irrespective of how a person comes
of 58 or 60 or 65. Many people, who are
to retire, it is a major transition in that
selfemployed like entrepreneurs or
person’s life. The impact of that
professionals such as doctors, lawyers
transition can be dramatic. The main
he was being kicked out, and he died six months later.” We tend to define ourselves by our jobs, and when that is gone, there is a vacuum. How can you make sure that life post retirement, i.e., the “second innings” is satisfying, happy and meaningful? This requires careful planning even while one is employed or SEPTEMBER
2020
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