What do the world’s most successful people do when it’s time to retire?

Kerry Hannon
What do the world’s most successful people do when it’s time to retire?

When Thomas Schreier Jr. graduated from the University of Notre Dame more than three decades ago, he never envisioned that in his late 50s he’d be teaching a class there called Designing an Inspired Life and regularly walking the South Bend, Ind., campus as the founding director of the university’s Inspired Leadership Initiative. The initiative, now in its second year, consists of 15 accomplished individuals who have wrapped up two or three decades in successful careers and are eager to devote an academic year to studies at Notre Dame. Notre Dame’s joins similar programs at prominent institutions pioneering this concept: the Stanford Distinguished Careers Institute, operated in partnership with the Stanford Center on Longevity, and Harvard’s Advanced Leadership Initiative, a yearlong program for corporate executives and professionals interested in applying their skills to social problems.