The Benefits of Work in Retirement

I know it sounds a little ironic that we are here talking about the importance of work in retirement, but I can assure you there is some method to our madness.

RetirementThen and Now

Historically, a typical life would consist of 30 to 40 years in the workforce, then completely stop and jump off a cliff. Hopefully you have a parachute for a safe landing, and then enter a life of total ease.

Whilst this may have worked in the past, based on our client observations, we see the need for a new approach to retirement.

We have a saying that ‘a life of total ease is 2 steps away from a life of total disease’.

At Endorphin Wealth we are all about helping people feel good about their future. When dealing with those clients nearing retirement (or those who have already retired) we see the need to explore the benefits of ‘working’ in retirement.

RetirementBig Benefits from a Little Extra Work

    Our definition of work is an engagement that brings value to others, and meaning to you. While people often focus on the negatives of the workplace (un-supportive managers, a gruelling commute, or lack of leisure time) we believe it is important to consider the Lifestyle Motivators that a working engagement provides, including:

  • –   Satisfaction from helping others,
    –   Intellectual stimulation,
    –   Social engagement,
    –   Sense of relevance,
    –   Improvements to your physical and mental health,

Many of our retired clients are involved in some form of consulting, volunteering, or part time work, or volunteering in an area that is important to them. It engages their brain from a lifetime of accumulated knowledge. They are staying healthy, staying engaged.

Our Endorphin Offering

Our retirement coaching programs help our clients find the right balance between work and leisure. The results from these discussions often leads to some form of paid / unpaid engagement during retirement that provides massive lifestyle benefits. Scientific studies have also shown that:

  • – Working for one extra year at work can increase your longevity by 11%.
    – While each additional year you work your chances of dementia are reduced by 3%.

The key factor is maintaining intellectual challenge and engagement that adds to your longevity. We believe in Use it or Lose it, and our approach to retirement planning helps our clients understand the Lifestyle & Health benefits of working in some capacity during retirement. It’s all about living a retirement on purpose and feeling good about your future.

One website that has information on volunteering opportunities is

Ongoing Service

Ongoing advice is critical to the process as an individual’s wealth grows. This is even more important if you decide to work in to your senior years, as balancing your reduced income, along with changes in superannuation and expenses can be a difficult task which can leave you out of pocket.

Endorphin Wealth recommends that you regularly review your strategy to ensure it remains in line with your desired lifestyle needs.

For an obligation free conversation about your financial future, please contact us on 03 9190 8964 or at

Benefits of “Work” in Retirement

What our Clients Say

  • Robert Rich is a gun and has been a pleasure to work with, he spent a lot of time asking questions and listening to both my husband and I to get a deep understanding of our current financial situation of who we are and where we want to be. His advice has been comprehensive and easy to understand. The genuine interest and enthusiasm he has demonstrated has made the whole experience to date, fun and engaging (it has also been awesome to see some great financial results!). Rob is a great communicator and is always available to chat, meet up or respond to an email. We wish we had seen Rob earlier, and plan to have him as our advisor now and into the future, I have and will continue to recommend him and his services.

    - Ellen Bond

  • Rob has been fantastic helping us set all our financials in order. We didn't want to have to worry about any of this stuff day to day. Rob put together a set and forget strategy that will see us in good shape for the future. Good guy, good advice, great help. Thanks again Rob

    - Andy Wright

  • My husband and I had a wonderful experience with Rob. He is genuine and honest. He has done amazing things with our finances to ensure our future is set up the right way. He has gone above and beyond our expectations. I highly recommend Rob, he is an expert in his field.

    - Anthea Husing

  • love working with Robert. He is highly skilled, practical and empathic. Nothing is a problem and he goes ‘above and beyond’. I have no hesitation in recommending Robert as an excellent financial advisor.

    - Rebecca Carter

  • Robert has managed our finances over the last 12 months as if they were his own. He has an eye for detail and is incredibly enthusiastic. We have recommended him to all our friends & family.

    - A. Miles

  • Rob has handled our finances for some time now. He provided us with sound advice and options. I highly recommend his services.

    - Mathew Quinton

  • Robert Rich provided me excellent financial advice and assistance in finding the right insurance for me. He was incredibly patient, and I'd recommend him without hesitation.

    - Edward Murrell

  • Rob has been helping me with my finances for just over 12 months now and i couldn't be happy, he is a wealth of knowledge and is amazing at what he does.

    - Paul Scott Ray White

  • Phillip and the team provide quality advice. They carefully explain the available options and clearly set the client's interests as the priority.

    - Jon Sutton

  • Rob has provided fantastic advise and clarity to myself and clients

    - James Ruddick

  • Great guys! Amazing financial advice.

    - Jay Boston

  • I cannot say enough about their professional manner and would highly recommend anyone I know to seek their services

    - Heather B

  • Your knowledge of the financial market is up to date and your approach to my portfolio has been proactive

    - Michael S

  • Thanks to Endorphin, I am now on the path to that dream of mine

    - Jake F

  • The plan has definitely made a big difference to my lifestyle

    - Josie W

  • It has been quite exciting and very comforting to have Endorphin looking after my financial future

    - Susan A

  • They provided me with a sense of direction and security that I did not have previously

    - Michelle C