Encore Career

Back to work you go?

When you think about retirement, do you imagine yourself on the golf course? Taking long naps in the hammock? Or possibly re-entering the workforce? People are living longer, healthier lives than ever before, resulting in extended retirement years. A 30-year horizon can feel daunting for many of us. We worry if we’ve saved enough money to get us through, and we wonder how we’ll occupy all that time. In truth, most retirees don’t relish the idea of 30 years of leisure.  That’s probably why nine million Americans over the age of 50 have opted to go back to work after retiring, and nearly half of today’s workers say they plan to join them.

Encore Caerrer - male

Enrich your life. And your wallet.

“Encore” or “second-act” careers can be appealing for a host of reasons. Energetic retirees may want to try an occupation that’s always interested them or start a small business. With a lifetime of experience, many retirees want to continue to contribute their knowledge in their chosen field. They may decide to work as a contractor or freelancer in their profession, or to mentor younger workers. Others choose encore careers in which they can give back to society or lend their skills to particular passion. And then there are the health benefits: research shows that keeping the brain active offers protection from some aspects of cognitive decline as we age, and physical activity helps maintain strength and stamina. And of course, the extra income that an encore career provides can be a key motivator, as well.

We’re here to help.

If you’re considering an encore career, think about why you want to keep working. Is it because you love your current work, seek more socialization, or genuinely need the income? From there, you can prioritize your financial efforts according to your situation. Having a financial plan for your retirement is absolutely necessary, but having a plan to stay engaged and productive is equally important. Whatever your motivation for pursing an encore career, FAI can help you reap the greatest rewards from your newfound calling.

Mary Thompson

“We have been given a gift of longevity that will enable us to redefine what retirement means.  Do you find the idea of the next phase of life being dominated by leisure activities less appealing as you approach retirement? Are you searching for an interim step to retirement that includes staying actively involved and contributing in a meaningful way while still having time for personal pursuits?

As a mid-life career changer, I know firsthand how daunting the prospect of redefining and retooling yourself for a new career can be.  I also know the joy and satisfaction of building something new.  At FAI, I use my personal experience as well as my financial planning expertise to help my clients re-envision what retirement means to them while helping them understand the financial implications of an encore career.  

At FAI, we’ll help you explore alternatives to a traditional retirement that can help re-energize you, reawaken personal passions long forgotten or fulfil dreams that have been put on hold.”

Mary Thompson, Principal & Senior Advisor
mthompson@faiwealth.com
410-715-9200

If you would like to discuss your needs regarding , please scroll down to complete our brief initial inquiry form and one of our senior advisors will contact you. Or if you prefer, feel free to call us at 410-715-9200. We look forward to speaking with you!

30 Years Icon

Encore Careers News Feed

Encore Careers News Feed

Encore Careers News Feed Icon
Helpful resources for those considering what the next chapter of their lives will look like.

Older Workers May Just Be the Most Valuable People in the Office

Older Workers May Just Be the Most Valuable People in the Office

2/5/2018 12:00:00 AM EST
2 weeks ago

Baby Boomers form the largest trained pool of potential future employees ever available to American businesses.

Over the next decade, 43% of America’s workforce ...

Female Baby Boomers Triumph in Retirement

Female Baby Boomers Triumph in Retirement

1/2/2018 12:00:00 AM EST
a month ago

Growing up, Baby Boomer women were the first generation to begin to experience the notion of gender equality and the benefits that came with it ...

Dessert & Discussion: Encore Careers

Dessert & Discussion: Encore Careers

8/30/2017 12:00:00 AM EDT
5 months ago

Join us for Coffee and Dessert.


Wondering what you will do in retirement? Many retirees launch a new career that brings fulfillment.

Dr. Elizabeth Mahler ...

Seven Secrets to Finding a Rewarding Encore Career

Seven Secrets to Finding a Rewarding Encore Career

7/17/2017 12:00:00 AM EDT
7 months ago

Recent polls indicate that most baby boomers expect to continue to work after they retire.

Millions of older Americans want to stay engaged and work ...

Recent News

Recent News

FAI Earns Three 2018 Five Star Wealth Manager Awards

FAI Earns Three 2018 Five Star Wealth Manager Awards

2/16/2018 12:00:00 AM EST
a week ago

Columbia, Maryland – February 16, 2018 – FAI Wealth Management, a leading fee-only wealth management firm in the Baltimore-Washington region, announced that Five Star Professional has recognized ...

Seven Secrets to Easing Your Parents' Transition to Assisted Living

Seven Secrets to Easing Your Parents' Transition to Assisted Living

2/16/2018 12:00:00 AM EST
a week ago

Change is often difficult for people of all ages.  So it’s not surprising that seniors who are moving from their home into an assisted ...

Upcoming Events

Upcoming Events

Good Friday: Office Closed

Good Friday: Office Closed

3/30/2018 12:00:00 AM EDT
The FAI Office will be closed in observance for Good ...

The Color of the Year

The Color of the Year

4/12/2018 8:00:00 AM EDT
April Force Pardoe Interiors presents The Colors of the Year ...