Adversity looks different to many of us, from a lost job or new career path to health issues and natural disasters that impact our business or family. What the term holds in common for all of us, though, is that we will face situations that are difficult to resolve.
I recently met with a couple reflecting on their journey. About eight years ago, the husband unexpectedly lost his well-paying corporate job in his late 50s.
At first, he wasn’t eager to jump into another corporate role, but fortunately, they had significant savings and a generous severance package. After briefly starting a small business, they shifted their focus to helping their daughter launch a non-profit supporting individuals with special needs, which is now thriving.
Looking back, they see how this unexpected job loss led them to something far more fulfilling than they could have imagined. Their story raises an important question: how do we handle adversity?
What if you suddenly lost your job—or were on the verge of retirement?
Let’s explore one powerful tactic that many often overlook in the rush to action.
The Power of “Pause”
While it might seem natural to jump into another job or routine, taking a pause can provide valuable benefits. Here are three reasons why pressing “pause” could be the best decision you ever make:
1. Reset Your Priorities
When life feels overwhelming, it’s easy to get caught up in the busyness of daily routines. A pause allows you to step back, reassess your goals, and refocus on what truly matters.
For those nearing retirement, this is a perfect time to think about what’s next—whether that’s travel, hobbies, or pursuing a passion that’s been on the back burner for years.
2. Refresh Your Energy
Years of working in the same job can leave you mentally drained. Taking a break gives you the chance to recharge, giving you the energy to approach your next chapter with renewed vigor.
If you’re nearing retirement, this time of reflection and rest can help you enter your next phase with a clear mind and fresh perspective.
3. Reimagine Your Future
A pause offers the opportunity to reimagine your path forward. Losing a job or approaching retirement doesn’t have to mean the end of growth. You can take this time to explore new passions, start something new, or give back to your community in ways you hadn’t considered before.
Whether it’s launching a new venture or taking on a volunteer role, the possibilities are endless.
Reflection, Renewal, and Reinvention
Adversity, whether it’s a sudden job loss or the transition to retirement, can be unsettling, but it also opens the door to reflection, growth, and reinvention. By taking a pause to reset, refresh, and reimagine, you can create a future that’s more fulfilling and aligned with your true purpose.
Whether you’re navigating a career change or preparing for retirement, embracing this time for introspection can lead to new and exciting opportunities. Just like my client couple, you may find that the path you take in the wake of adversity brings you to a place you never imagined—one that’s filled with meaning, purpose, and joy.
If you are facing adversity or just want to discuss your financial or portfolio goals, the team at Master’s is happy to help you focus on what matters to you. We take pride in helping our clients focus on their lives of purpose. Reach out to us today to discuss your goals.
