Well warm weather has finally arrived in southern Ontario so we can finally start to think about summer, longer days, warmer nights, trips to the cottage and campfires. One of the joys of Victory Lap Retirement (VLR) is that you now have the time and the ability to decide how you will spend your time. To that end we have decided to cut back on our blogs until September, instead we will enjoy the warm weather, focus on our families, travel, and continue to work on building our small business. Continue reading “Summertime And Living Is Easy”
Another busy week, and another lunch presentation to a group of clients for a local wealth management firm. We enjoy getting the Victory Lap message out and sharing our experiences with people going through their own encore career. If you would like us to present to your club, meeting or at a client event contact us to discuss. Continue reading “Another Busy Week”
We are publishing early this week as I will be heading to run a marathon later in the week. Back to our regular time next week.
I sit here on our cottage deck watching the rain pour down on another long weekend! Is it just me or does that seem to happen a lot! In my career at least for the last few years of it, we would live for the weekends when for a while we could recharge our batteries enjoy time with friends, watch a movie or game on TV. Forget about the work that was no longer feeding the soul. If you happened to have rain you would figure out a way to make the best of it, read a good book, play euchre, chat, nap, but it was not the same. And there was the lake beckoning… Now a days in Victory Lap it is suppose to be sunny on Monday so I will get out then. Continue reading “Live Life”
It is interesting how the retirement industry is changing its marketing to clients from financial to lifestyle. When VLR was published there was very little talk in the financial services and retirement planning community about “lifestyle” in the purest sense. Today you are now seeing lifestyle in every form of retirement advertising. The concept of lifestyle has for a long time been involved in the financial planning process though questions and conversations with your financial advisor as part of the discovery or Know Your Client process. That usually meant these types of questions: how do you want to spent your money, are you prepared for higher medical or healthcare costs, where do you want to live, do you want to travel, etc.? Continue reading “Planning Is Important, But You Need To Execute.”
I was out training for an upcoming marathon this weekend. I have run 25 marathons over the years and I run about 6 days a week but it has been a while since I did training for a full marathon. It was a beautiful day, the first really nice day after a long winter and an April snow storm. As I left the house I started my regular routine in my mind. How are my legs feeling? Did I remember to power my watch? Do I need to go to the washroom again before I get to far from home? Check, check, check, No! Continue reading “Things Don’t Always Go As Planned”
The last couple of weeks I have spent time travelling and connecting with friends from around the country. The first week I attended a wedding for one of my oldest friends who lives on the east coast of Canada. Also making the trip were many of my “local” group of friends. We have all remained dear friends since our time at university and have been there as we married, had children, and watched our families grow. Over the year we probably did not see each other as much as we would like but we made sure we were always in touch. I must say it is easier to focus on friends when you don’t have the stress or demands of work occupying the majority of your time.
My second trip was with a former work colleague from the west who has also become a dear friend, and as a bonus I met a new gentleman. We spent a wonderful week golfing in the sun and catching up. My friend will be entering his Victory Lap soon and we had a chance to discuss adventures and plans for the next phase of our lives. Work friends in many cases are just that friends that when you work together are a great source of joy but when you no longer have work in common you drift apart. I have a few friends I have met through my years at work and like all friendship it requires work to stay connected when our careers end or change.
We have posted before, having friends is a key competent to having a fulfilling Victory Lap. Staying in touch with friends does not have to be a planned vacation, it could be a game of cards, a dinner party or a chat over coffee, anything that keeps you connected.
TD Wealth released a survey in January 2018, which found that 47 percent of respondents were planning to retire solo. This is a fascinating statistic and one that is driven home by feedback we receive at many of our seminars. It is not surprising that with historical high divorce rates, Statistics Canada data showing all time high levels of individuals living solo and peope living in non traditional living arrangements to reduce housing costs, that people are heading into retirement with a focus on being alone. Continue reading “Retiring Solo Are You Ready?”
We continued our speaking tour at Toronto Public Library branches. These presentations have been a great opportunity to share the Victory Lap Retirement message. We are humbled by the lending activity that the book is getting at the libraries and the number of people that make their way to our events, many after a long day at work. Thank You. Continue reading “It Is Not All About The Money”
One of the keys to a wonderful, rewarding Victory Lap is to continue to keep your mind active. In VL take a course, expand your horizons, and challenge your mind. Continue reading “101 Awesome Things #10- Learn Something New”
As I watch the Winter Olympics, I am struck by the athletes their dedication, the hard work it takes to get to the event and for how quickly their event is over, for many it is a matter of seconds. The medalists will have life long memories of achievement. The participants who never really had a chance to medal, like the cross country skiers from those winter nations Togo and Mexico, will be glad they just got a chance to travel and participate. Then there are those athletes that don’t medal when expected or don’t perform to their full potential, there dreams never fulfilled. At the end of it all successful or not all the athletes will be faced with the same question – What next? Continue reading “Transition Comes to All of Us”