How long do you expect to live? Have you thought about it? How many of your clients raise this issue or have thought about it for themselves?
Before my brother-in-law retired he asked my father whether he had any advice. He said, â??If I had known how long I was going to live, I would have done things differently."
My father went on to live until he was 93 and was active into his 90s.
When we were at the ICF conference in Fort Worth last month we were repeatedly told that we would be living until we are over 100. I think it was probably an exaggeration, and on one occasion we were told that if you are now under 50 there is a 9% chance that you will live to 100; though it might have been 90%!
One of the workshops that I attended was about ageing.
Mark Twain said, â??Age is an issue of mind over matter. If you don't mind, it doesn't matter."
Unsurprisingly, many of the people who had chosen to attend were middle-aged or above. I think it is fair to say that all of us are active.
At the same time students in France were rioting in protest against the prospect of having to work until the age of 62. In the UK we were being told that in future we shall probably have to work until we are 70. And on my return, the National Union of Journalists with striking because of concerns about changes to pension arrangements at the BBC.
We are facing a time of major change in expectations and, like my father recommended, we should start to think about the consequences.
One consequence, obviously, is that we should think again about the timing and, perhaps, the process of our retirement.
Richard Winfield is founder of Brefi Group.
An international facilitator, he coaches and
facilitates directors and boards in transition:
helping them to make progress by
bringing structure and clarity
to their thinking.
CorporateCoach is edited by Richard Winfield
Brefi Group helps individuals and teams in organisations to discover and achieve their potential so that they become more effective with less stress.Learn more »
The Director Development Centre audits corporate governance and helps directors and boards become more effective by clarifying goals and improving communication.Learn more »
Brefi Group provides coach training programs to professional standards for managers and coaches throughout Europe, Africa, Asia and the Middle East.Learn more »