The emeritus college, a recent higher education innovation, provides retired professors with a means to stay intellectually engaged and continue to contribute professionally in retirement. The emeritus college can also help institutions maintain a steady flow of professional talent by making retirement more attractive for senior academics. This article introduces the emeritus college concept; discusses its implementation at four universities; assesses its benefits for individuals, institutions, and the community; and offers guidelines for institutions wishing to implement their own emeritus college. The emeritus college can provide a bridge from an academic career to a fulfilling retirement while also helping to enrich academic communities.