Retirement has long been viewed as a well-deserved period of relaxation and leisure after years of hard work. However, the concept of retirement is undergoing significant changes as societal, economic, and demographic shifts reshape the landscape. In this blog, we will explore how retirement has changed and how individuals are preparing for this new era of post-work life. Redefining Retirement: From Endings to New Beginnings Traditionally, retirement marked the end of one’s working life. However, many individuals today see retirement as an opportunity for new beginnings, personal growth, and continued engagement. They are redefining retirement as a time for exploration, pursuing passions, and contributing to society in meaningful ways. Encore Careers More retirees are embracing “encore careers” or “second acts” by pursuing work in different fields or starting their own businesses. This provides a sense of purpose, continued income, and intellectual stimulation, challenging the traditional notion of retirement. Volunteerism and Philanthropy Retirees are increasingly engaging in volunteer work and philanthropic endeavors, leveraging their skills and experience to give back to their communities. This not only creates a positive impact but also provides a sense of fulfillment and social connection. Shifting Retirement Models: From Traditional Pensions to Self-Directed Plans The shift …