What will you do after you retire?
[Image source: AI-generated (in-house production)]
[Park Keunpil, Columnist, Korea Lecturer News] Some people answer this question right away. Others hesitate. Many cannot answer at all.
If you stop working at 60 and live to 100, you still have 40 years ahead of you—enough time to live an entirely new life.
There was once a phrase: “a second act in life.” I use it in the past tense because it no longer fits our time. A second act is not enough. We now live in an era that demands a third, a fourth—indeed, multiple careers.
From the second act onward, everything changes. We move from a time when companies decided our next step to a time when we must decide it ourselves.
In Korea, the employment rate for those aged 65 and older is 37.3 percent—nearly three times the OECD average of 13.6 percent, the highest among member countries. It is even higher than Japan’s 25.3 percent. The average desired working age among older adults in Korea is 73.4. In reality, we are living in an age of lifelong work.
The difference lies in one thing: whether that work is chosen or forced.
In the same survey, the most common reason for continuing to work was “to cover living expenses” (54.4 percent), while “the joy of working” accounted for only 36.1 percent.
A life where one works by choice versus one where one is pushed into it—this subtle difference shapes the entire landscape of later life.
You may have heard of the term “FIRE” (Financial Independence, Retire Early). It is an appealing idea: achieve financial freedom and retire early.
But is a life without work truly the answer?
I don’t think so.
The essence of FIRE is not “being unemployed,” but having the freedom not to do work you do not want to do. As Morgan Housel writes in The Psychology of Money:
“The highest form of wealth is the ability to wake up every morning and say, ‘I can do whatever I want today.’”
Financial independence is not the end—it is the beginning. It is not freedom from work, but the freedom to choose what kind of work to do, and how to do it.
Research supports this perspective. While life satisfaction may temporarily increase immediately after early retirement, it tends to decline over time due to the loss of social roles and a sense of purpose. Even with a full bank account, the mind can feel empty.
What we truly need is not just financial freedom, but an answer to a deeper question: How do we want to live?
“Isn’t it too late to start something new at this age?”
Let me tell you a story.
Grandma Park Mak-rye began her YouTube journey in her seventies. Having run a restaurant her entire life, she started filming videos during a trip to Australia with her granddaughter—originally as a way to help prevent dementia.
In a relatively short time, her channel surpassed one million subscribers. The CEO of YouTube even visited Korea to meet her in person. Now in her seventies, she runs various businesses, including her own cosmetics brand.
She was not a writer, a speaker, or an entrepreneur. Yet in her seventies, she became a content creator and business owner. Her life shows how powerless the word “too late” really is.
Her success did not come from abilities she suddenly acquired at seventy. It was built on decades of experience—her culinary skills and work ethic developed while running a restaurant. The depth of one’s first act becomes the foundation of the next.
I, too, reset my life at forty.
For a long time, I was a veterinarian confined to the examination room. One day, a question struck me: If this position disappeared, what would remain of me?
That question opened the door to my second act.
I began writing every day. I published books. I stepped onto the stage as a speaker. While continuing my work as a veterinarian, a second identity—as a writer and lecturer—has been growing alongside it.
Here lies the key:
Your second act does not begin when the first one ends. You must plant its seeds while the first act is still in full swing.
Only then can the end of your first act become not a fall, but a leap.
Some leave their companies in their fifties and wander in search of similar jobs. Others confidently create a new identity under their own name.
The path diverges at the same crossroads—and that crossroads is called: What are you planting today?
The first day of your second act is not determined by your company—it is determined by you.
Whether that starting point comes in your fifties, sixties, or even earlier depends on the preparation you make today.
Are you ready to open the door to your next act—on your own terms?
Columnist Profile
Park Keunpil is a veterinarian, author, speaker, and career storyteller, working as a growth facilitator.
His published works include I’m a Veterinarian, Even If I Get Scratched and Bitten, I Go to Work Twice Every Day, Reset Your Thinking Before It’s Too Late at Forty (a bestseller), and A One-Person Career Talk Show at Home (co-authored).
He runs the Park Keunpil Growth Institute, as well as several platforms and programs including the writing consultancy “Dokjeoting,” the reading community “Pilbook,” the newsletter “Piletter,” and the life coaching program “Pillife.” He is also an active host within the Trevari community.
In addition to delivering lectures at the Busan Metropolitan City Hall and various other institutions, he supports people’s growth through a life centered on reading, writing, and speaking.
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