The old rules of retirement no longer apply, and we’re courting disaster by not planning for it today, Thomas Koulopoulos writs for Inc magazine. “The truth is that we are doing an enormous disservice to society by setting retirement as an end goal to a long career. … Even if you’re lucky enough to be among the 20 percent, who have a USD 1 mn-plus net worth and enough saved up to retire, there is some evidence that the classic notion of retirement may actually be harmful to your health.”

Instead, you need to treat retirement as your “third act” in life. And if you’re an entrepreneur, you’re already ahead of the game: “Why are we stuck on the zero-sum proposition of work is bad and retirement is good? … You get what it means to build a business and a brand. You are the ultimate authority on where and how to invest your time and energy. In the same way that you would invest in a new product or service, why not invest regularly in preparing for your third act?”

Read It’s Time to Say It: Retirement Is Dead. This Is What Will Take Its Place in Inc.

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