Not Quite Ready to Retire? How to Get an "Encore Career"

There have been several threads on the topic, though as you can see from the site name, it's not a popular idea among some/many members.

I read his original book when it came out in 2008 Encore: Finding Work that Matters in the Second Half of Life: Marc Freedman: 9781586486341: Amazon.com: Books, and found it very interesting.

If you clearly know what your passion is, it seems like a great plan, especially if you're fortunate enough to reach FI in your first career. Of course it's a lot safer (and arguably smarter) to move directly from the first career to the encore career after nailing down the second career with an actual position (a gap in the resume usually doesn't help with a job search). Unless the encore career is equally or more lucrative, in which case why wait?

I'd enjoy an encore career if I could just figure out what I want to be when I grow up...
 
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....I'd enjoy an encore career if I could just figure out what I want to be when I grow up...

+1 so for now I am practicing/training for an encore career as a professional golfer in the summer and a professional skier in the winter. :D
 
pb4uski said:
+1 so for now I am practicing/training for an encore career as a professional golfer in the summer and a professional skier in the winter. :D

If there was a sportsbook directly on your pathway to the golf course and ski slopes, I would think (in my mind anyways) your location that you reside at would be the best place on earth to live! :)
 
+1 so for now I am practicing/training for an encore career as a professional golfer in the summer and a professional skier in the winter. :D
I'm practicing as a professional sailor 6 months/year and an economist & chef all year, but no one has offered to pay me for any of my "professions." Imagine that...:LOL:
 
I am thinking of becoming a stunt double in adult films.
 
Boomers are the most thoroughly marketed to generation there has ever been, anywhere. "Encore Careers" is just more of the same. Unfortunately, for many of us the only cash flow positive employment we will ever have is our main lifetime profession, love it or hate it.

Lucky is the man or woman who either has an attractive profession straight out of school, or can make a good career change very early in life, or can hang on to whatever s/he has that pays the bills and funds the retirement. Can't be much, short of destitution, that would be a lot worse than having to act happy about investing $100,000 for the privilege of trying to sell people shelves. Like there is really an unmet need for shelves that can't be solved for a few bucks by a trip to Lowe's.

Just when the encore folks are investing their meager savings in these questionable businesses, people are getting older, the population with jobs above sustenance is falling, and more and more people every day are getting the picture that if they have any money, they are very likely better off keeping it in a CD than buying new shelves (or whatever)

Ha
 
I considered an encore, but I liked my job, so I decided to keep working part time at my old job instead of starting something new. The only other encore i considered was interning at a microbrewery, but it is a longer drive.
 
I love the idea. I wish many retired people would make social contributions when retired.
zedd said:
"The so-called "encore career" is continuing to gain ground among millions of baby boomers. The idea is to create a new career out of a passion -- and a desire to make a positive social contribution. Salaries are sometimes smaller, but there is a great sense of purpose."
 
I love the idea. I wish many retired people would make social contributions when retired.


I made a social contribution when I retired - I opened up a job.
 
I made a social contribution when I retired - I opened up a job.


I'm with you, I like that approach!

I do help out/donate time and it's fun. I am an unpaid bartender at a close by VFW. Great group of men and their families - I have made strong drinks and solid friends :) there are plenty of places that need and appreciate help. I don't think I can work for pay anymore - I have been free for 6 1/2 years. I am unemployable
:dance:
 
Many thoughtful replies -- Thank you.

... and to the rest of you ... rough bunch.
 
The problem with finding an "encore" career is that most people tend to forget what their passions were when they were younger (roughly 30+ years earlier). Even if they do remember, they may be physically incapable of pursuing it or have lost the motivation to make a go of it.

On another thread I encouraged Gen Xers like me to take care of themselves, rather than sacrifice 100% for their families. Included in this is preserving interest in hobbies and/or physical pursuits.
 
I made a social contribution when I retired - I opened up a job.

+1 plus during my working years I paid a s^&tload of taxes and now understand helped to support 47% of the people. :)

+2 - When I worked, I also paid a bunch in taxes, and working my rear off also helped to keep many other people employed at a decent job with good pay and benefits. Plus, we made products that enhanced people's lives, and have certainly saved countless lives.

I worked hard enough and was compensated well enough that DW could stay home with the kids, and do oodles of volunteer work during that time. She's better at that stuff than I am, so I consider that a 'team effort'. And I'm willing to bet that her ability to spend that time with the kids, helped them to move onto the productive path that they are on now, and they will all contribute to society.

And we continue to contribute to charities.

So now I'm retired, and I did free up a job for someone else (quite literally, I let it be known that I was open to be put ahead of others on the downsize list).

So now, I'm gonna do as I please, which may or may not include making additional social contributions. Years of 60 hour weeks, a few 100 hour weeks, many weekends at work, constant interruptions at home at all times of the night and weekend (I supported some 24/7 manufacturing operations) combined with the above is/was enough 'social contribution' for me.

Oh, I bought some Girl Scout cookies the other day, does that count ;)

-ERD50
 
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My social contribution is also a rewarding hobby. I listen to what random people say. Months or years later, when I see these people they are often shocked that I heard, understood, and remembered what they said to me.

I also listen to the possibly disorganized verbiage of people on the street and on the bus. If I perceive danger I fade, otherwise i listen. I learn a lot, and some of these people are not often listened to.

Ha
 
I made a social contribution when I retired - I opened up a job.

Also possible BEFORE ER in very busy businesses. A few yrs ago I went "part time" (still 45+hrs/wk!!!) to open up enough 'salary space' for business to hire a new young person. It's turned out to be win-win-win (young person, business, & me).
 
I haven't taken a job for pay since retiring. I have done a number of volunteer gigs, one of which was sorta like a PT job (2 days peer week, 9 months a year for two years.) Extra money would be nice, but I'd rather volunteer doing something I find meaningful because then I set the terms. "I'll only be in one day next week." They're getting free labor so it's not a matter of asking; it's a matter of telling.
 
Why does an encore career have to be meaningful ? Why can't it just be an amusing diversion ? I retired from Nursing after forty years and now I sell dresses & skirts to thirty somethings via ebay . Is it meaningful ? No .Is it a career ? No but it keeps me active and amused .
 
Career for pay or for fun?
Boils down to that, eh?

Easy to "career for" for free.
A little more difficult to "career" for pay.
Much more difficult to "career" for a lot of pay.

Seems to me, that the most important thing that we gain in retirement is Freedom. Some can be free with a regimen. Others, not so much. I am of the latter group, so my careers have been easy. Much time and effort and dedication to all kinds of works and causes... but FREE... in that I could call the times and the dates, and the to do's or not to do's.

So Happy is he who finds a balance to make his own rules.

The closest I came to doing the difficult career for pay, was when I briefly considered giving up my 30 to 40 hr. free computer/training services to do tune ups for $10. The old bat down the street told me I had to pick up her computer at 1PM, and have it back by 5PM... and that killed my "career for pay".

The rumor got around my retirement park that I was going to "charge" for my services after 15 years of being free.. I kept my friends, and that day celebrated my second "retirement", because they stopped calling me. The new guy is charging $25/hr.

Some folk can't believe they are getting value unless they're paying for it.

ach... to soon old, too late smart.
 
Why does an encore career have to be meaningful ? Why can't it just be an amusing diversion ? I retired from Nursing after forty years and now I sell dresses & skirts to thirty somethings via ebay . Is it meaningful ? No .Is it a career ? No but it keeps me active and amused .

Good on ya!
After decades of caring for others you deserve to do whatever you like.
Whether that's called a career or amusing diversion makes no difference to me.
 
My social contribution is also a rewarding hobby. I listen to what random people say. Months or years later, when I see these people they are often shocked that I heard, understood, and remembered what they said to me.

I also listen to the possibly disorganized verbiage of people on the street and on the bus. If I perceive danger I fade, otherwise i listen. I learn a lot, and some of these people are not often listened to.

Ha

I like that. I'm sure the people really do appreciate having someone show an interest. Since I live in the 'burbs, I don't often come across people like that, but when I have, I'm either too sensitive that they may be dangerous (few are), or I just don't trust my judgement. But I like listening to people who are a bit out there on the z-tail, or people from other cultures or backgrounds.

Two stories on this:

Story 1) I recall spending a late Fall weekend in the city with the family around the Water Tower area, DW and girls went out to do some early shopping (American Girls store?), my son and I went for a walk. There was a very pitiful, elderly looking homeless woman, digging through the trash can in the park area. One of the Streets & San workers came up to here, and said brightly "Hello Sally, how you doin' this morning? You keepin' warm?" and gave her a big hug (and I think slipped her a sandwich or something, but I couldn't see for sure). I would have thought the workers would have been pretty numb to the homeless that gather there, it was quite a sight.


Story 2) A few years ago when I traveled to Budapest with my buddy, we left one concert, and were walking across town to a late night jazz club. Maybe 11-12PM on a Friday night. It was common to see drunks, some with their bottles in hand as we walked, but they kept to themselves, no worries. Then, a group of five late 20-something guys are walking, and they are boisterous and walking right up to people and saying stuff right up close (in Hungarian, so we had no idea what they said).

So I go into defense mode. It was well lit, and plenty of people around, so I wasn't really frightened, but being in a foreign country just made us extra defensive, even a minor scuffle could be difficult to deal with. As they approached us, I made sure to not make eye contact, just look like I was on a mission. Well, the lead guy walks right up to me, and starts blabbering all this stuff in Magyar. I look forward, put up my hand, and sternly say "English - only English", and I'm really perturbed that this guy might interfere with my plans to see a Jazz show and enjoy another beer that evening.

When I said "English", all the sudden his expression changes, he looks totally harmless like a little puppy, and he says to me "You speak English? Will you please let me practice my English? Will you speak with me?".

I cracked up, and said 'Sure, tell me about yourself..." and we had a nice chat ( though he was a bit 'lit up'). He worked for the govt, promoting Table Tennis as a sport - I guess giving demonstrations at schools, things like that. We started talking a little politics and the economy, but then he said, "you are on vacation, you don't want to hear about our troubles", I actually did, but then they moved on. It was a funny and sudden turn of events. I got a kick out of just how fast the whole thing turned around.

-ERD50
 
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