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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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When the Kids Have Their Own Careers, Wilkerson Can Help You to Retire

Alex and Gladys Rysman are the third generation to run Romm Jewelers in Brockton, Mass. And after many decades of service to the industry and their community, it was time to close the store and take advantage of some downtime. With three grown children who each had their own careers outside of the industry, they decided to call Wilkerson. Then, the Rysmans did what every jeweler should do: They called other retailers and asked about their own Wilkerson experience. “They all told us what a great experience it was and that’s what made us go with Wilkerson.” says Gladys Rysman. The results? Alex Rysman says he was impressed. “We exceeded whatever I expected to do by a large margin.”

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