Hard Way vs.  Smart Way

One of the mistakes I made transitioning into my own Victory Lap was that I didn’t take any time off to regroup and refresh. I was suffering from “sudden retirement shock”. I wasn’t thinking clearly and I did what I always do when things are going off side, I roll up my sleeves and worked harder. I decided to go into full new business mode, I spent the better part of three years in a cave writing a book and trying to figure things out. Sure things worked out well in the end but it took a lot of time, researching, learning what I needed to know and now looking back I realize that it really didn’t have to be as hard as it was.

I also have a bad habit of always going it alone,  something I developed while working at the Corp., a John Wayne thing. I believed that asking for help was a weakness and it made me look vulnerable. I always took the hard way and would try and figure it all out by myself. That kind of thinking resulted in me not creating and benefitting from mentors. This was a major mistake I made in my career. Life could have been so much easier if only I had been more open minded and willing to ask for help and advice. Continue reading “Hard Way vs.  Smart Way”

Victory lap Lifestyle Profile #2

My mentor Ernie Zelinski put me onto Joe Udo’s website retireby40.org a couple of years ago and I’ve been a faithful follower ever since.

Joe retired from his engineering career to become a stay at home dad/blogger at the age of 38. His reasons for leaving the corporate world were similar to mine, job stress was negatively affecting his health, but he found a way to escape from the corp. 20 years earlier than I did. I would have launched my own Victory Lap a lot sooner if his blog was around when I joined the working world.

Working for a corp. may have been easier if we did not accept the traditional view of a career, which is work for the same company until you retire, get your pension and wait for your final sunset. Both Joe and I feel that we’d rather not work for someone else, but rather chart our own course.  Working for yourself is often a harder path to take but the rewards are much more satisfying. Continue reading “Victory lap Lifestyle Profile #2”

Learn to Play The Long Game

Today’s article is the first in a series written by Simon Chan who started his own VLR earlier this year after working for 20 years in the financial services industry. He has a broad base of experience with the subjects of pre-retirement and financial independence having worked in multiple businesses such as banking, wealth management, insurance and group retirement benefits. Most recently Simon was the head of business strategy for the Canadian Retail Business for a global insurer. In his role, he became interested in how technology, globalization and the rapidly changing environment is impacting the lives of millennials. In short Simon knows his stuff, is a great guy and wants to help.

I believe it’s important that we understand the new challenges that will be faced by our kids and grandkids in the years ahead. It won’t be easy but we can succeed if we all work together. -Mike  Continue reading “Learn to Play The Long Game”