Non-Financial Retirement Coaching
Herman Miller, the furniture company employing over 8000 people world-wide, is now providing pending retirees BOOMERangs Retirement Coaching workshop, “Circle Back to Your Dreams,” as part of their employee Flex-Retirement program. The coaching enables employees to create an intention for their retirement and many options for how to fulfill that intention.
Why would a company help employees with what to do after they retire? BOOMERangs certified coach, Scott Anderson said, “in essence, it is for the same reason a company provides employees with retirement financial planning; to help them make a smooth transition into the rest of their lives. It, also, recognizes the time and effort they have put into their careers."
Much has been written about Boomers not saving for retirement and, as a result, staying longer in the workforce. A study by the Center for Retirement Research at Boston College (2/16) has found contrary reasons for why employees stay working beyond age 65. Below is a synopsis of the study:
Using data from the Census Bureau’s Current Population Survey (CPS), the study finds that the individuals most likely to be working at these older ages are those with the strongest finances.
Why are those most financially able to retire not doing so?
“While these older workers likely value the additional income, the study characterizes their continued employment as more akin to “play" than “work”. Overall, the study concludes that non-pecuniary considerations drive the labor force decisions of older workers.”
By providing BOOMERangs Circle Back Your Dreams, Herman Miller enables its retirees to find a retirement life that will give them the same level or better of satisfaction as their work. With both retirement finances and intention in place an older worker is completely able to start their next chapter.
To include BOOMERangs "Circle Back to Your Dreams" in your company’s retirement benefits and learn more about the process, visit www.BOOMERangsRetirementCoach.com.