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Say "No" to the word "Retirement"

There is always a second chance in life .Do not let that chance go waste .Start with getting involved in local communities and circles.

Photo of Dr. Sukumar Kar
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Who is your idea designed for and how does it support the dreams and obligations of those 50 and older?

The idea is designed for 50 and older in our community . The initiative provide training and information regarding their future income for activities for their longevity .

There is always a second chance in life . Do not let that chance go waste.

Perhaps you’ve been in the same job for decades before your retire. You’ve been an employee always and never a boss. As you retire, it’s time to be a boss by building a business same as the line of your previous job. This is the best time to extract all lessons learned and be one of the competitive businesses in the market.

With retirement a new life starts and it is good as you relax and live peacefully . But at the same time idleness will start worrying you as the days pass by and  a time will came when frustration for doing nothing will start , as your savings will continue to dip due to rising expenses with no source of income , provide you don’t fall under the category of pensioners who continue to earn decent income after retirement .

So , the question is how to manage retirement how to earn money after 50 as the edge of elderly age . For the money management maintain day to day expenses diary will create a picture for what spend you need and need your control .Don’t depend on other’s earning . Never rely on only one source of income . In fact , you can start your second innings by looking for new . There are tremendous opportunities for retired persons due to their vast experience . Before you get overwhelmed and spoil your supposed to be fun and fulfilling retirement, think that there are lots of earning opportunities that you can work on even if you are already a retiree   .

Hone your skills first, perhaps you could make yourself indispensable which ultimately may result in a temporary paid work in future. Started out volunteering at local community by helping library , computer center , students mid-day meal , health check up camp for student and elderly age etc.   and all these happened by our organization’s integrated skill training program and 24 hrs. web helping  and our organization going to develop apps in this regard . So , There is always a second chance in life . Do not let that chance go waste.

What early, lightweight experiment might you try out in your own community to find out if the idea will meet your expectations?

Action to address some of the causes of volunteering at local community identified through this idea can be effective; but the aim of improving income for elderly age should not be viewed in isolation. 50 and older in our community will be tested in order to find out if our idea meets our exception .

What skills, input or guidance from the OpenIDEO community would be most helpful in building out or refining your idea?

In simple terms , it’s nothing but what’s right for the community in the long term changes in positive manner . With firm understanding of OpenIDEO , we are now competent to make a network to our Community need to changes for the aspect of social and environmental challenges as sustainable way through our initiative to avoid un necessary tension for income in elderly age and there will be a changing in socio economic scenario .

Tell us about your work experience:

I’ve worked in a sector related to my idea for a year .

Please check all that apply:

  • I'm not currently involved in a credit union, but am curious to learn more!

This idea emerged from

  • A group brainstorm


Join the conversation:

Photo of Natalie LeRoy

This is very true Dr. Kar. My grandfather just recieved a partnership at age 83 in a company he is excited to run!

Photo of Dr. Sukumar Kar

Oh great to hear! And its true that if an elderly aged person wants to engage his/her post retirement time, then that will turn around in the form of financial support. Once again thanks for sharing this experience.

Photo of Pabitra  Bandyopadhyay

Good's enrich us to do for our community

Photo of Kate Rushton

Hi Sukumar!

Thank you for sharing your idea. Can I check your idea? Your idea is for a platform for volunteer opportunities for the 50+ that could give them skills that could lead to paid employment that is temporary or permanent. The platform also gives advice on starting a business.

Photo of Varun Singh

Mr.Sukumar. It's really very good concept. I have gone through the whole idea, very well elaborated about the fact. This is something which would definitely infuse some positivity among people of 50+.