Retirement vs Secondment

Released on: July 23, 2008, 10:36 am

Press Release Author: By Joan Strewler-Carter and Stephen Carter

Industry: Consumer Services

Press Release Summary: As more than 76 million baby boomers, that\'s more than one-quarter of the US population, enter their 50\'s and 60\'s they are confronting the \"r\" word.retirement. But theirs is a generation of over-achievers; a generation that will not stop working altogether in the traditional sense-nor will they necessarily want to keep working full-time.

Press Release Body: Determined not to accept the traditional limiting definition that the word retirement brings, boomers are instead looking to the \"s\" word.secondment: A detachment from their full-time position into a fluid, flexible and non-traditional working arrangement.
According to the Merrill Lynch New Retirement Study published in 2006, 71 percent of boomers say they will work after retirement.
They are exploring new alternatives such as starting a new career or business or securing short-term secondment in the field in which they were trained.
A number of companies are offering their retirees the opportunity of being seconded, sometimes to other company divisions. This gives the retiree the opportunity to keep himself active in the industry by utilizing some of his previous experience and knowledge.
The idea of offering their services on a contract basis gives them a great deal of flexibility regarding the type of work undertaken and also assists in their transition to retirement.
Russ Creason started his career at General Motors and climbed the ladder to become a highly respected human resources executive for the company. In 1981, he retired. Mr. Creason wasn\'t ready to completely stop working so he chose to use the skills he acquired to work as a consultant at Right Management in Kansas City, KS.
When Cherokee, OK-resident Marian Goodwin\'s husband Bill died in 2003, her children urged her to sell the funeral home the couple had owned since 1965. But, even though she didn\'t have a mortuary science degree and had only handled some administrative duties for the home, she was determined to keep the doors open. She figured out how to reorganize the business, hired a licensed mortician and went back to work.
She works 50 or more hours a week now and is putting her own stamp on the way things are done.
Goodwin has personalized her business by putting her love for western art to work on personalizing the funerals of Cherokee citizens who live in her area.
In one instance she arranged to include the deceased\'s boots in the casket flower spray. Men on horseback escorted the casket, which was loaded in the back of the deceased\'s pickup along with his dog, to the gravesite.
If you need some assistance in preparing for the second half of your life, please go to www.WhatsNextInYourLife.com , a web site that helps people plan for life after 50 and includes helpful tips on how to re-enter the workforce.

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Web Site: http://www.whatsnextinyourlife.com

Contact Details: Brittany Cash
Account Executive
T.J. Sacks & Associates
New York, NY
(P) 212-787-0787
(F) 212- 787-0790
brittany@tjsacks.com
www.tjsacks.com

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