Midlife crisis. It is a term bandied about, which can conjure images of sports car purchases, new gym memberships, flirtations/affairs/divorces, botox and bikinis. Midlife is, for many, a time of transition, including whether or how to retire. It can be a time of more questions than answers, a time in which you feel less steady as you review and revise who and what you find most meaningful, valuable, and worthwhile. Some changes are desired and welcome, while others feel forced or unavoidable.

I believe, as I share in my upcoming book, The Ageless Way, that  “Those of us who are entering, in the midst of or, like me, leaving our rich middle years, are well poised to use such times of transition as opportunities to tap more deeply into our reservoir of innate soulful greatness – what I refer to as our Signature Greatness DNA. As history has shown, change makers and world shakers always deepen their culture and leave a legacy for future generations by confronting the difficulties of such times with invention, insight, and transcendent understanding.”

It is at these times that many people choose, whether out of desire or necessity, to begin a second (or third, or fourth…) career, which is often referred to as an encore career. There are different reasons people choose to pursue an encore career, such as: financial security; personal fulfillment and meaning; the desire to give back to the local/national/global community; flexibility; work/life balance; learning new skills and utilizing those that have been acquired over decades; sustaining social connections; pursuing a long-held dream…

Regardless of the reason(s) for selecting an encore career, those in their middle and later years have garnered personal and professional experience and wisdom which they can offer to employers and clients. In addition, Boomers and Matures (members of “The Silent Generation”) grew up in eras which inspired active, organized involvement in response to diverse current events, such as WWII, the Korean and Vietnam Wars, and the fights for civil and women’s rights. As a result, these workers are often valued for their efficiency, sense of responsibility, loyalty, hopeful attitude and strong work ethic.

The trend toward an increasingly older and diverse workforce creates multiple opportunities for building successful intergenerational office environments. Encore career professionals offer a variety of abilities and knowledge to enhance the capabilities of the younger generations and benefit, in return, from their colleagues’ perspectives and talents with new work aspects like technology. Such mutually supportive business cultures ensure a more solid future for everyone, from those engaged in encore careers to the generations yet to come.

There is even a movement afoot to support those choosing or hiring for encore careers. Encore.org’s mission is “building a movement to tap the skills and experience of those in midlife and beyond to improve communities and the world.” It seeks to engage the vitality, wisdom and talents of those in the third and fourth stages of life while emphasizing social purpose. Seeing an aging society as a solution to, rather than creator of, problems, Encore.org connects generations in diverse ways, including hosting an annual conference and offering The Purpose Prize for people over 60 who integrate their passion and experience for the betterment of society. Created in 2005, the prize aims to “showcase the value of experience and disprove notions that innovation is the sole province of the young. It’s for those with the passion to make change and the experience to know how to do it.”

I mentioned the term encore career in a blog posted earlier this week, “Second Time Around” , in which I wrote about Barbara Beskind who is now in her third year of work as an inventor, a lifelong dream she achieved just shy of her ninth decade. Additionally, I have met/worked with diverse women and men who have chosen (are choosing) to embark on an encore career. One 51-year-old woman hot shot media executive left her job to pursue what she always wanted to do as a teenager — she went back to school to become a social worker. Another high flying 62-year-old woman left an intense demanding sales executive post to return to the beloved art career of her youth. A 63-year-old retired teacher became a published author. In her January 16, 2015 New York Times article, Older Job Seekers Find Ways to Avoid Age Bias, Kerry Hannon shares the story of a 66-year-old man who was laid off from a high-powered position. After undergoing the unease of transition, questioning his purpose and averting age discrimination encountered in interviews, he ultimately ended up teaching part-time, making money, and feeling valued. And I am one among many who have found fulfillment in an encore career by creating their own business.

Encore.org and the AARP  are just two of the organizations offering programs, resources and information for those embarking on an encore career. In the short term, this transition may require additional investment of education and retraining (including working with a certified professional career coaching and strategy-creation coach). The rewards, however, can be infinite. Following your passion while giving to others can be stimulating, enlivening and offer adventures which demonstrate that, despite pleasurable memories, the best is still yet to come.

When musicians are called by an audience to perform an encore, a demand for more, it is surely a sign of success. Whether you choose an encore career out of need or want, in honoring and utilizing your skills and knowledge you are the one whose success is to be celebrated. Bravo!!

What’s your encore career story?  Please share your experience below.

“Ah! There is nothing like staying at home for real comfort.” ~ Jane Austen

Is it any wonder that as we grow older so many of us want to remain in our own homes? After all, our home is often the space where we have lived for years, if not decades, a place that reflects who we are and the aspects of life we find most comfortable and fulfilling. Our home can be the place of some of our best memories. It can afford us whatever independence we want to retain and a sense of stability amidst a sea of changes, losses, and/or uncertainties that can accompany aging. Our home is often in a location where we have established roots and cherished connections. Because the landscape of our own home is already familiar, we may have a greater sense of safety there, both emotionally and physically. Additionally, with assisted living facilities and other communities coming at a cost, it may also be a wise financial decision to stay where we are.

A study, “Aging in Place in America,” commissioned by Clarity and The EAR Foundation, and posted on MarketingCharts.com, asserts that nearly 90 percent of those who are Boomers and older want to age in place without having to move from their homes. More than half (53%) are concerned about their ability to do so.

In addition to some of the better known modifications one can make to a home (grab bars in bathrooms, handrails on stairs, bright lighting, accessible light switches, cabinets, doors, no entry lips, etc.), the study showed that many people are also opening to using new technologies which offer promise for being better able to Age in Place. Technologies can assure greater independence and include items such as: sensors in homes to monitor health (e.g.: breathing and pulse rate); computers, smart phones, and programs like Skype and FaceTime which enable online connection with loved ones and essential care providers; and, tablets offering large print magazines, newspapers, and books. There continue to be advancements in medical alert systems and gadgets, as well as apps and programs which enable the tracking of the resident(s), their medications, and their appointments. Some technological devices can also alert caregivers in the event of an emergency situation.

The issue of such technologies was even the topic of the Senate Special Committee on Aging’s hearing last week. Although it was clear technology may offer peace of mind, as well as cost savings to programs like Medicaid, the panel cautioned about needing to also be mindful about ensuring individual privacy and safety, as well.

Additionally, Aging in Place and the accompanying technological tools may not be the right or best decision for everyone. Luckily, there are many options for those who either do not want, or are unable, to stay in their own home. Assisted living facilities are not the only option, either. There are an increasing number of possibilities to accommodate lifestyle preferences, which also enable a sense of community. These can include: active adult communities for those over 55; co-housing options (living in your own place and sharing a common area, such as a community garden and/or common room or building for gatherings); shared housing options (e.g.: mother-in-law apartments or living with other housemates); and, intergenerational communities in which residents may also assist each other with needs such as babysitting or ride-shares.

There are several positive impacts of longevity and the accompanying growth in housing options. These include potentially boosting the economy and providing ample opportunities for entrepreneurs of all ages to develop and provide products and services which will assist and enrich lives, regardless of where we follow our hearts to make our homes.

What type of community do you think is ideal for you and/or your loved ones? Do you have any new ideas for enhancing housing options for those over 40? Or new entrepreneurial ways of serving the Aging in Place movement?

(Image Credit: Wreath by dichohecho, Flickr.com)

With more people living longer, active lives, we are at a historical crossroads in which the demographics of business environments are shifting. It’s time to drop the narrative that persists about Boomers vs. Millennials battling over jobs, being on different planes or coming from opposing perspectives. It’s time to undergo the complex transformations necessary to modify our connections, attitudes, and work environments to create, as in our best relationships, “great chemistry.”

No transformation is inevitable, however. It is up to all of us, together, to shape the changing workplace for a future which will benefit workers of all ages (hence society as a whole), one, as I discuss in my soon-to-be-published book, The Ageless Way, that is focused on the Triple Bottom Line of people, planet, and profits.

I see signs of this trend toward intergenerational cooperation developing, such as in the egalitarian digital future laid out in Dan Abelow’s book Imagine a New Future: Creating Greatness for All. Despite such progress, however, we need to keep moving forward with unity of intent and purpose, since life and society “can change on a dime.”

I believe multigenerational age-friendly trends are worth developing and will result when we all work together based on common interests and visions for the future. A future that has a place for all of us is one with more genuine connections and fewer artificial barriers, such as those based on age, gender, race, and class stereotypes.

For starters, we can:

~ engage in collaborative multigenerational conversations, hands-on discussions about best practices, (mis)perceptions, inclusive decision-making that supports all ages;

~ explore alternative scenarios and solutions together based on the probable and preferred future, not the past;

~ look at intergenerational partnerships, such as job sharing/mentorship arrangements (which enable two people to be employed instead of one, combine training costs and salary, stretch a company’s dollar and quicken the pace at which younger employees can gain the skills, knowledge, and some experience they need to be more valuable to that company and the marketplace);

~ cultivate environments in which diversity and work-life balance are key (Whether we want that balance because we’re starting a family or because we want time to visit our established families, the outcome is logistically the same. Work locations and hours must be increasingly flexible for everyone, without penalty);

~ encourage people over 60 (and in fact those 40+) to remain employed by starting their own businesses – as encore entrepreneurs (These could be less complex solopreneur home offices or larger operations that would not only remove the competition for the same job between two generations, but would also generate employment, services, and products relevant for healthful, fulfilling lives).

The world in which we are living and working longer demands a new business model to serve consumers, our culture, and our workplace environments. By working together, we can solve, or at least ameliorate, multiple societal problems simultaneously through the specific social missions of companies serving multiple generations. No doubt the formation of more startups focusing on the Triple Bottom Line will have a significant positive effect on the job market, offering a way for all generations to make a living and a difference, and to secure their future and that of the world for generations to come.

Again, it’s the chemistry that matters. Together, we are stronger and can share our skills, knowledge, and creativity to discover more than “just” a new molecule. We can discover — we can create — new worlds. Together, we can engage in interactions that generate reactions which change the story around aging so that we model the new Ageless Way across generations.

In what ways is your company, or another business you are familiar with, already mastering the art of intergenerational collaboration? How are you doing this in your own life?

(Image credit: test-tubes-color-fluid.jpg by r.nial.bradshaw, Flickr.com)

First, the fundamentals. Tinder, for anyone unfamiliar with the name, is known as a popular dating app that you can download to your phone or other technological device (like an ipad or ipod touch) and search through photos and brief descriptions of people in your local area who you might want to meet. You can swipe each photo either left or right, depending on whether or not you find the person attractive. If a person also shows interest in your Tinder information, messaging is enabled and you can begin chatting and take it from there.

A newly created paid version of the previously free app, called Tinder Plus, has now been launched. In this new premium addition, users can undo an accidental swipe, which in the past would have meant that information was lost. Additionally, there is a Tinder Passport function, which apparently will let users change their location to navigate between not only those who are local, but others in destinations around the world, as well.

What’s causing a stir is that this new premium edition comes at a literally higher cost for people over a certain age.

Tinder is one of over 150 brands (along with OKCupid.com, Chemistry.com, Ask.com) owned by IAC, a media conglomerate chaired by Barry Diller (IAC.com). According to a March 2, 2015 All Tech Considered blog by Sam Sanders on NPR.com (“Tinder’s Premium Dating App Will Cost You More If You’re Older”), “Tinder told NPR that U.S. users will pay $9.99 for Tinder Plus if they’re under 30, and $19.99 per month if they’re 30 or older. U.K. users between the ages of 18 and 27 will be charged 3.99 pounds per month, and users 28 and older will be charged 14.99 pounds per month.”

This isn’t the first occasion in which Tinder has been accused of some type of discrimination. In her July 3, 2014 thinkprogress.org post, “The Tinder Lawsuit: What We Don’t Talk About When We Talk About Women in Tech,” Jessica Goldstein writes “Tinder co-founder and former marketing executive Whitney Wolfe is suing the dating app she helped start. She’s accusing co-founder Justin Mateen and Chief Executive Officer and co-founder Sean Rad of harassment, discrimination, verbal abuse, and erasing her title and contributions to the company because, in their words, she was a ‘girl’.” That suit, one among several regarding sexism in Silicon Valley, was apparently settled.

Despite this information, Tinder is not the only site charging regular monthly fees for anyone seeking companionship. Websites such as topconsumerreviews.com have reviews about various online dating sites, which include information about pricing structures. While the bulk of sites appear “free to join,” depending on which membership level and services you want, most will then have monthly membership fees ranging from approximately $10 to $60.

But back to Tinder and its particular under 30/over 30 divide… Tinder’s website includes a line saying “Any swipe can change your life.” What do you think? Will you download, swipe and support this service? Or are you more in favor of taking a swipe at the company’s distinctly ageist approach and finding other forums for your dating desires?

(Image Credit: flames by Crystl, Flickr.com)

We face the same choice in our lives, our careers, and especially in our businesses. For established and new entrepreneurs faced with globalization, rapidly changing technology, and the seemingly never-ending fallout from the Great Recession, simply rearranging our businesses just isn’t going to cut it. Restructuring, downsizing, pinching pennies—these are not enough to survive, much less thrive. We have to transform how we do business, and we have to do it now.

Seth Godin discussed an aspect of this in a blog post that is just as relevant today, giving examples of changes that have required businesses to do more than just rearrange their business models: mail to email; books to ebooks; Visa to Paypal; direct mail to permission marketing, and so on. As he points out: “The question that gets asked about technology, the one that is almost always precisely the wrong question is, ‘How does this advance help our business?’ The correct question is, ‘How does this advance undermine our business model and require us/enable us to build a new one?’”

Not only must we be lifelong learners of technological advances, we must be prepared to look at all the new possibilities for our businesses and constantly reinvent to take advantage of them. Adapting the technology to our old methods and perspectives simply won’t work long term. We are the ones who must adapt.

What possibilities in the latest technology do you see for inspiring an entrepreneurial reinvention—or a brand new business?