The Era of the Baby Boomer Consultant07/10/2019
Not ready to retire yet? Welcome to the era of the baby boomer consultant. Low unemployment rates and high demand for finance and accounting expertise offer encouragement if you’re creating a semi-retirement plan.
Explore the Benefits of Consulting
Consider the benefits of retirement. There will be more opportunity to pursue interests and activities. Travel, hobbies, time spent with family and friends. The list goes on. At the same time, you have concerns about going from full-time work to being fully retired. Becoming a consultant offers a wealth of benefits for those wishing to phase into retirement. Doing so lets you:
- Have an added stream of income for unexpected expenses.
- Keeping your brain stimulated is good for your well-being.
- Feel a sense of purpose as you continue to contribute to a profession that has served you well.
- Having work flexibility
- Continuing to work part-time may increase your Social Security benefits.
Businesses Benefit from Finance Consultant Expertise
It is well known that the boomer generation has a strong work ethic. That, and your years of high level experience, are attractive to a range of organizations in many ways:
- By having consultants available during heavy accounting seasons.
- When financial planning requires outside, objective assessment and recommendations.
- Abilities to train and mentor younger staff.
- From the networking know-how and relationships consultants have developed in specific sectors.
Moving from the C-Suite to the Consulting Role
Your knowledge, experience, and specialized wisdom are a boon to businesses. Consider the special skills today’s organizations need:
- Refined communication and soft skills, with a focus on client and customer relationships.
- Critical thinking abilities with an emphasis on regulatory standards and compliance assurances.
- Project management success, using this to mentor rising managers.
- Corporate visioning and innovation to guide research and development.
- Historical knowledge of finance and accounting systems that contributes to today’s processes.
For more information regarding temporary work, check out Finance and Accounting Temporary Jobs: What to Expect.