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David Squires

Try This Idea: The One-Year Retirement

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MOST OF US have similar career arcs — we spend the first 25 years of our lives learning, the next 40 or so working, and then the final 25 in retirement.

Designer Stefan Sagmeister suggests eliminating five years from your retirement and scattering those years throughout your working career. So, every seven years, he closes his design business and does something different — travels, lives in a new place, experiments with new projects.

Could you do the same? Obviously, shutting down completely isn’t an option for most jewelers. But it may be possible for more jewelers than you imagine. Could you perhaps serve just your best customers by appointment for a year? Could you train and build the skills of a manager to the point where your business could run without your presence for a year?

Think about it. It could change your life.

(Anybody ever do anything like this? Share.)

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David Squires is the Group Editorial Director of SmartWork Media. He believes that the first role of business media is to inspire readers.

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Wilkerson Testimonials

Retirement Made Easy with Wilkerson

The store was a landmark in Topeka, Kansas, but after 80 years in business, it was time for Briman’s Leading Jewelers to close up shop. Third generation jeweler and owner Rob Briman says the decision wasn’t easy, but the sale that followed was — all thanks to Wilkerson. Briman had decided a year prior to the summer 2020 sale that he wanted to retire. With a pandemic in full force, he had plenty of questions and concerns. “We had no real way to know if we were going to be successful or have a failure on our hands,” says Briman. “We didn’t know what to expect.” But with Wilkerson in charge, the experience was “fantastic” and now there’s plenty of time for relaxing and enjoying a more secure retirement. “I would recommend Wilkerson to any retailer considering a going-out-of-business sale,” says Briman. “They’ll help you reach your financial goal. Our experience was a tremendous success.”

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