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THE PROBLEM Western society doesn’t prepare people for death or retirement well.
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WHY IT MATTERS Poorly handled transitions wreak havoc in the workplace.
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THE SOLUTION Cultivating a deep sense of purpose and curiosity.
March 26, 2025
Enrique J. Fernandez had a deeper intimacy with loss than many. The 73-year-old had to say his first significant goodbye at the age of 10, when he migrated from his homeland of Cuba to Miami. Decades later, he mourned the loss of his wife and the mother of his children, when, at 52, she died of lymphoma. Even so, he wasn’t prepared to lose his professional identity.
Throughout life’s roller coaster of fate, Fernandez thrived professionally as a renowned reconstructive surgeon and president of the Florida Society of Plastic Surgeons. By 59, he had purchased his own medical facility. “I had intended to do succession planning, but I never did,” Fernandez says. Several months after moving into his new office, Fernandez learned he had colon cancer. While the cancer went into remission, chemotherapy caused the surgeon of 33 years to develop a tremor in his hand. Fernandez could no longer wield a scalpel with the precision his work required. If not a surgeon, the father of four, devoted husband, and outdoor photography enthusiast no longer knew who he was—and that loss of identity brought his entire existence into question. “One night, I hit a wall and looked up and said, ‘God, I need some wisdom,’” recalls Fernandez.
In a variety of forms, the story of the surgeon who could no longer perform surgery is a common one. It’s also the story of the executive who builds a successful career and keeps her head down—though the signs suggest it’s time to plan retirement—and plows forward as if all will go on forever. When the day does finally come to relinquish her post, she is unmoored. Or it’s the story of the CEO who refuses to pivot, the investor who doesn’t sell, or the burnout who can’t quit, all of them unable to let go and frozen by fear of what’s on the other side. A 2023 Employee Benefit Research Institute survey found that a third of workers plan to retire older than 70—or never. In reality, almost half are caught unprepared after being forced out of the workforce much earlier than expected.