Retirement is so over! With low savings, extended longevity, but fewer employment opportunities, older workers (Baby Boomers and older GenX) are hitting a wall in their careers over 50. Pivoting off the 5 reinvention steps and 23 reinvention strategies in his book "Boomer Reinvention: How to Create Your Dream Career Over 50," career coach John Tarnoff lays out some of the reasons, the advantages, and the tools (and some caveats...) necessary to reinvent your career.

1. The
Second-
Act
Manifesto
Why
and
How
to Keep Working
Beyond Traditional Retirement
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2. - David Bowie
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3. Retirement is SO over…
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4. Who Are We?
2010: 74.9 million
born 1946 - 1964
10,000/day turning 65
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5. Longevity is rising
Savings are inadequate
Fewer job opportunities
Nothing is being done about it…
There is a retirement crisis…
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6. (sources: Pew Research, Transamerica Center for Retirement Studies, General Accounting Office, Census Bureau)
59%
65%
14%“My company offers a 401(k) plan.”
“I have no retirement savings, no retirement plan”
“I do not have a backup plan in case of an unexpected life event.”
“Social Security will be my primary source of income in retirement.”
“I plan to work past age 65, or may never retire.”
Average 2017 Social Security benefit payment (new filers @ FRA)?
Average retirement account balance for 55-64 year-olds?
$104,000
$1,342
29%
61%
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7. The Uphill Battle…
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8. “I want to stress the importance of being young and
technical.
Young people are just smarter.”
- Mark Zuckerberg (2007)
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9. How old is “old?”
1960 1990 2020
Middle-Age 50/57 55/62 61/66
Old 57/66 64/70 70/73
Elderly/
“Senior”
67/73 72/77 77/80
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10. The Deck is Stacked…
Jobless rate – 08/16 8.7% vs 4.9%
(New School – SCEPA)
Jobless rate – 08/16 8.7% vs 4.9%
(New School – SCEPA)
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11. Copyright 2017 Reinvention Group LLC

12. Five Reasons to Retain Boomers
Perspective & Wisdom (not experience)
We’re the “Digital Founders”
Connections (and knowing how to make them)
“Gist Thinking”
Stability, Dependability, Work Ethic
(at least)
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13. Your Second Act Awaits!
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14. 5 Steps/23 Strategies
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15. To Create the Future, You Have to Reconcile the Past.
Your Second-Act Career is Already Inside You.
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16. 1. New Mindset:
selected strategy #5: reframe your mission
REFRAMING
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17. 2. New Perspectives:
selected strategy #7: solicit feedback
LISTENING
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18. 3. Reconcile the Past:
selected strategy #14: create your affirmation
ACCEPTING
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19. 4. Envision the Future:
selected strategy #17: conduct a SWOT analysis
EXPRESSING
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20. 5. Be Proactive:
selected strategy #21: become a thought leader
CONNECTING
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21. Set a clear
intention
for what
you want. Copyright 2017 Reinvention Group LLC

22. Takeaways & Prescriptions
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23. Getting Fired is Not Shameful
Deliver Value vs. Time
Learning is Lifelong
For your consideration…
Don’t Overvalue Your Experience
Be Proud of Your Age – Don’t Hide It
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24. Follow Your Usefulness!!
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25. GO FOR IT!
Strategy #15: Start a Reinvention Journal
Strategy #19: Create a Career Relationship Funnel
Strategy #20: Optimize Your LinkedIn Profile
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26. John Tarnoff
jt@johntarnoff.com
http://johntarnoff.com
http://boomerreinvention.com
Twitter: @johntarnoff
Facebook: boomerreinvention
#reinventionrocks
Copyright 2017 Reinvention Group LLC

27. Download the 23
Strategies
to your phone (or tablet)
Capture this QR Code with your
Smartphone Bar Code Reader
Copyright 2017 Reinvention Group LLC