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Professional Development: Making Retirement Relevant and Relaxing

By Roy S. Ginsburg

When I started practicing law as a Baby Boomer, I rarely, if ever, thought about retirement. I was too consumed with meeting billable hour goals and avoiding malpractice. On those rare occasions when I overheard colleagues discuss retirement, only three visions seemed possible. First, you died at your desk; second; you were physically present at your firm, but had mentally “checked out”; or third, your law firm forced you out at a seemingly arbitrary age. None seemed particularly attractive.

If you ask most attorneys whether they have planned for their retirement, most would answer “of course.” However, for the vast majority that answer would be very misleading. Sure, many have carefully thought about how much money they will need for retirement, but very few have thought about, let alone planned, how to transition from full-time work and what they will actually do when they retire.

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