Retirement Is A Game, Play It Well

Retirement is supposed to be fun, it should feel good or your doing something wrong. Personally I was far too serious starting out on my Victory Lap, and a mistake I made was not taking any time off. Right out of the gate I started working full bore on VLR which turned into two books and before I knew it three years of my retirement was gone, and I was forty pounds overweight. If you asked me if it was worth it I would definitely say yes but it came at a cost. Working part time at Bass Pro would have been so much easier but that would have meant missing out on my dream of creating my own business, and being my own boss, something that I always wanted to do. So I decided upon the hard way and through the process I’ve become very aware that too much seriousness is a kind of disease; it is a cancer of the soul and when your serious all the time you lose the fun. Thankfully I don’t spend any time feeling like that anymore. Continue reading “Retirement Is A Game, Play It Well”

Create Your Own Blue Zone

The Contessa just got back from visiting her family in Italy and told me that she wants to move there one day because in her words- “they really know how to live” something that we have sadly forgotten here. As is my nature I started to pepper her with questions about why it is so much better, which I learned it basically comes down to lifestyle. They eat better, they exercise more, having to walk or cycle to most places, they socialize more, which leads to less stress. As a result they are happier and it’s been scientifically proven that happier people live longer. Kind of makes you go Hmmm. Why do they have it right and we have it so wrong? Continue reading “Create Your Own Blue Zone”

Planning Is Important, But You Need To Execute.

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.”

Retiring Solo Are You Ready?

Standing on top of the world (image)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?”

It Is Not All About The Money

A couple thoughts this week.

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”

Victory Lap Lifestyle Design

I’m smiling as I type this as I’m still feeling the effects of last night’s swim workout. After the swim I could hardly keep my eyes open, I was done. My body was sore all over, not a bad kind of sore, the kind of sore you get from pushing yourself after not doing an activity for a very long time.

I’ve been going to the gym and pool on a regular basis since early January and I am amazed by the number of people in their seventies and eighties who work out on a regular basis. I’ve come to know a few of them, their stories and I’m in awe of the lifestyles that they have created. These people are not the type to sit on the couch and watch the world go by. We can learn a lot from these “older” people. Continue reading “Victory Lap Lifestyle Design”

Transition Comes to All of Us

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”