Black Press file. - Image: Tracy Holmes

Successful Okanagan transition to retirement

Okanagan College courses address retirement, encore career

Addressing the pitfalls of retirement will be the focus of two upcoming programs offered at Okanagan College in Kelowna and Penticton this spring.

The courses are intended to help participants prepare for a successful transition to retirement, beyond just the financial aspects, and to consider a retiree encore career that could entail from starting a home-based business to consulting, volunteer or part-time work.

“Retirement isn’t just about collecting a pension and moving into life of leisure,” said Kathy Fahey, a certified retirement coach and one of the course instructors.

“Work meets many of our basic needs besides providing a pay cheque—a sense of identity, opportunities to contribute, structure to our day, mental stimulation, potential to connect with others and form relationships.

“Figuring out how all those needs will be met once you retire is key to making your transition easier.”

The Am I Ready to Retire? workshop runs April 7 at the Kelowna OC campus and April 14 at the Penticton campus, while the Launching Your Encore Career course is six weeks in duration starting April 11 in Kelowna and April 17 in Penticton.

Related: Lake Country growth spurt continues

Fahey says as we approach retirement, considerable thought and angst is directed at our finances, whether or not we will have enough money to live on.

But that often overlooks the equally disruptive lifestyle changes that occur, thinking about how to adapt to filling that eight to 10 hours a day previously fulfilled though work.

“In the beginning, we often are not sure what the lifestyle impact will be to retire and think we will figure it out as we go. That works for some folks, but for others once you’ve passed the honeymoon retirement period and the bucket list is done and the home repair list completed, what do you do next?

“There is a high percentage of depression among people within two years for retirement…they are looking ahead at the next 20 or 30 years as we live longer these days, wondering what is the meaning to your life moving forward and what will get you out of bed every morning.”

For many retirees, Fahey says putting your unique skills to work in another career or as a volunteer are personally stimulating objectives.

“l lot of people love their jobs, and they still feel healthy so why not keep doing it.”

She says encore program participants would likely be five years or less out from reaching retirement, want to keep working in some capacity when they do and can also be looking perhaps to try something new.

“What they are doing for work at this stage may not be cutting it anymore and the opportunity arises to see what else is out there,” she said.

Fahey said more than 1,000 people are eligible to retire everyday in Canada, and when the baby boomer generation reaches full retirement age by 2030 they will represent a huge population with a large talent pool of skills to offer.

She says in Canada, we are a little behind of what to do with that growing retiree resource compared to the U.S., where a myriad of programs across that country seek ways to connect retired people’s job skills with social or economic needs, from mentoring to working with non-profits.

To learn how to register for either of these courses, visit online at okanagan.bc.ca/cs.

To report a typo, email: edit@kelownacapnews.com.


@BarryGerding
barry.gerding@blackpress.ca

Like us on Facebook and follow us on Twitter.

Just Posted

Syrian family soon to arrive in Revelstoke

Revelstoke for Refuges held an information session at the library on the soon-to-be Revelstokians

Revelstoke resident creates global sport training program

The 20 hour course teaches the science and application of interval training at the university level

New auxilory conservation officer in Revelstoke area – for now

Zeb Martin has primarliy been hired for monitoring caribou closures

Revelstoke Rod and Gun club supports fishing proposal with conditions

The proposal considers reopening Revelstoke Reach of the Columbia Reach to angling

Jocelyn’s Jottings: A postive take on resolutions

In the last column I wrote I looked back on 2018. This… Continue reading

Fashion Fridays: Inspirational gym outfits

Kim XO, helps to keep you looking good on Fashion Fridays on the Black Press Media Network

Missing B.C. boy and aunt found safe

The pair had been reported missing from Kamloops

Company issues lifetime ban after man jumps from cruise ship

Nick Naydev posted the video last week showing him standing on the balcony of the Symphony of the Seas

Unruly passenger forces B.C.-bound flight to divert to Calgary

Police say charges are pending against a woman in her 40s

Inflation rises as higher airfares, veggie prices offset cheaper gas

Statistics Canada says inflation accelerated to two per cent in December

Shuswap youth shares vision for national event with Justin Trudeau

Salmon Arm Friendship Day founder gains politicial insight in meeting with prime minister

Social media strains over Prince Rupert’s boil water notice

Resident forms Community for Clean Water, and Jennifer Rice responds to acting mayor’s comments

Dog dies saving B.C. family from burning home

Homeowners safe but one pet missing, another confirmed dead following fire

Russian fighter jets collide over Sea of Japan crews eject

One plane crashed after its crew ejected safely, the other crew also ejected but they have not been found

Most Read