Polaris Employees: Discover the Rising Trend of 'Work for Pleasure' in Your Retirement Journey

Healthcare Provider Update: Polaris is associated with UnitedHealthcare as its primary healthcare provider. For Polaris employees, the anticipated spike in healthcare costs in 2026 is concerning. With recent projections indicating that Affordable Care Act (ACA) premiums could surge by as much as 66% in certain states, many employees may face a substantial financial burden due to the expiration of enhanced federal subsidies and ongoing medical cost inflation. This means that individuals reliant on ACA marketplace plans could see their out-of-pocket expenses increase dramatically, complicating budgeting for healthcare needs in the upcoming year. It's crucial for these employees to take proactive measures to navigate the financial landscape they anticipate facing in 2026. Click here to learn more

A recent Fidelity Investments poll illuminates new trends in the ever-changing retirement planning landscape.  Notably, 66% of respondents envision a phased-in approach to retirement, which deviates from the conventional full-stop strategy.  This choice shows a shift towards flexible retirement solutions across generations, as evidenced by the significant interest shown by both Gen Zers and millennials.

The wide-ranging implications of this trend point to the necessity of flexibility in retirement advice and planning when preparing to retire from Polaris. The departure from traditional retirement models highlights a more comprehensive reassessment of retirement goals and work-life balance, reflecting shifting perspectives toward the end of your Polaris career. Advisors who want to fulfill their Polaris clients' complex needs must have a thorough understanding of these preferences as retirement planning continues to change.

A growing number of retirees who desire social connection and intellectual stimulation in addition to financial security are adopting the idea of 'Work for Pleasure' in phased retirement, a viable option for Polaris employees.  According to an American Psychological Association study, continuing to work after retirement can enhance mental well-being, increase life satisfaction, and facilitate the transition to complete retirement. Retirement is now seen as a new chapter with opportunity for learning, growth, and contribution rather than as an end. This is especially true for seasoned professionals from high-ranking roles. 

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Retirement is becoming less and less like the unexpected curtain call at the end of a play and more like a well planned art display. Similar to how an exhibition progressively moves from one theme and era to another, providing visitors with an extensive array of experiences, the modern retirement trip, as defined by Fidelity Investments, takes place in stages. With this method, people can combine the elegant brushstrokes of their personal passions and hobbies with their professional creations. Today's retirees and soon-to-be retirees find joy and fulfillment in doing work that pleases them, much like an artist who paints for the love of art even after their formal career has concluded. This is creating a retirement experience that is as nuanced and fulfilling as a well-curated gallery.