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”

Do You Need A Victory Lap Coach

I was reading an article on CNBC entitled “Advisory firms turn to life coaches, psychologists” by Deborah Nason. It talked about Financial Advisors getting more questions from clients that are more about lifestyle, work life balance, family, etc., which is outside of their financial expertise. In an effort to support their clients, financial professionals are developing relationships with other professionals, such as social workers, psychologists, life coaches and counsellors, in order to have a referral source for their clients.  This begs the question “Do you need a coach to help you with your Victory Lap?” Continue reading “Do You Need A Victory Lap Coach”

Victory Lap Retirement Is All About Values Based Living Part 3 of 3

While on the George at some point I always start thinking about how many good years I have left. I’m sure this is triggered while thinking about Bill who at age 84 has been making the annual pilgrimage to the George for the past 35 years. One year I know his string of visits will be broken and the thought of going there and not seeing him saddens me but that unfortunately is how life works.

Continue reading “Victory Lap Retirement Is All About Values Based Living Part 3 of 3”