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Posted October 20, 2010
Too often "retirement" books focus solely on the financial planning and accumulation side of life. Mitch focuses on the living side of retirement but doesn't forget the financial part of the equation. His approach helped me to make my decision for retirement rather than extend my stay in a job that had thoroughly exhausted me, and, from a company which is oppressive and myopic. The author's approach, thoroughness and broader life view will be appreciated when you read this book. Thanks Mitch!
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Posted October 6, 2001
Great Report-and Advice-on a Changing Perspective
For several generations, we have built this idea that there's a pattern to life that everyone must follow. You get some education, go to work for about 40 years, claim your gold watch, then sit in the rocking chair on the front porch waiting for the Grim Reaper. 'Retire and Die' became a mantra, to be faithfully followed. There is no life after _____ (insert your own age concept). People out of work after 45 might as well hang it up; life is over. The World War II Generation is moving rapidly toward retirement time and digging in its heels. 'No Way! We won't go!' is echoing through the halls of business and industry establishments as people in their fifties and sixties refuse to participate in the traditional process of hanging up the shield and turning into a vegetable. Younger workers are watching with intense interest, uneasy about their own futures. They want the best for the older folks-especially so they don't have to take care of them in their old age. But they also want those old foggies out of way so they can move up the corporate ladder. And everyone worries about what they will do in those later years (20-30 of them) and where the always-needed money will come from. Then along comes Mitch Anthony with all-or at least, most-of the answers. 'The New Retirementality' is a thought-provoking, empowering book. Even embarrassing for those who thought they would spend all those years wrapped around a golf club or fishing rod. This book is a comprehensive guide for anyone contemplating retirement-or alternatives-or who is currently unhappily fully retired and looking for a way to escape. As Anthony puts it, on page 53, 'We live in a society that still largely presents retirement an ultimatum. Either you work or you retire. This ultimatum is foolish, counterintuitive, and counterproductive for the good of society. The recent changes in Social Security removing working limits from retirees is a flare signaling that we are no longer willing to be controlled by such ultimatums regarding work.' The book begins with five chapters reviewing the history of retirement, common myths, and the fears that abound in retirement-prone people. The second part of the book explains A New Way of Thinking in ten thought-provoking chapters that give the reader permission to do whatever feels right. Part Three is entitled What You Need to Know, an appropriate title for a collection of seven chapters ranging from Raising Your MQ (Money Quotient) to Giving Your Life Away, which addresses volunteering. The whole book weaves through living and leaving a legacy. Employers will need their older workers-for their wisdom, experience, insight, stability and dedication. They'll need them to teach-expertise and values-to the younger generations, who need coaching and mentoring to help them navigate through increasingly turbulent waters. Anthony warns that 'We are in the early stages of a human capital drought that companies need to address to have any hope of retaining valuable talent past their intended retirement age.' The book in includes over four pages of references for the reader who wants to delve further into the topic of retirement. A strong index will help readers find particular sections they're looking for-if the dog-eared pages and highlighting doesn't help. This is a book you'll read carefully-slowly in some places, more quickly in others. The writing style will help you move along, but the content will pull you back. You might even take some notes on this one. On the back cover of the book, author Mitch Anthony is clearly characterized as someone who has no plans to ever retire. I share that attitude, and this book helped me solidify my thinking and preparation for what may be some of the best years of my life. Join us!
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