May 2009

 

Retirement or Redirection: The Promise & Pitfalls of Transitioning

 

No CLE Credits Applied For - PARTICIPATION IN THIS SEMINAR IS CONFIDENTIAL. By enrolling you agree to respect the privacy of other attendees. Colorado Bar Association CLE does not release registrant information.

 

 

Program Highlights

 

- Anticipations of People Nearing Retirement

- Financial Concerns Nearing Retirement

- Pre-Retirement Issues

- How to Ethically Close a Practice

- Issues to Consider Shortly Before Retirement

- Issues After Retirement

 

 

Program Description

 

Often, when lawyers move through their fifties, they start to think about retirement--either with anticipation or fear.  Do you want to retire or continue to work?  Do you have to continue to work? How do you fill up your time if you don't work?  How do you stay relevant and stimulated?  This seminar will get you to think about the many issues surrounding retirement and help you plan for your smooth transition, whether it be to continue in the world of work or to move to some other method for spending your time.

 

 

Topics

 

Anticipations of People Nearing Retirement

- The population in general

- Lawyers–work, volunteer or both and at what age

 

Financial Concerns Nearing Retirement

- Long term needs–health, expenses, no new income

- Social Security concerns

- Can't afford to retire

 

Pre-Retirement Issues

- Consider financial issues

- Use Social Security calculators

- Plan how to use expertise and also figure out leisure

 

How to Ethically Close a Practice

- Methods and techniques

- Considerations to avoid conflicts and not to burn bridges

- Check with State Bar

 

Issues to Consider Shortly Before Retirement

- Loss of camaraderie

- Loss of identity

- What to do with free time?

 

Issues After Retirement

- How to keep intellectually stimulated and feel responsible

- How to deal with loss of structure

- Do you still want to stay in world of work–by choice or necessity?

- Ways to fill up your day:  legal work, volunteering or leisure