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”

Blue Zones And Victory Lap Lifestyle

Most retirement books are focused solely on the financial aspect of retirement but as many of us are now learning there is much more to a successful retirement. The ultimate goal in retirement should be a simplistic, low stress, healthy, fulfilling lifestyle. This will ultimately optimize the quality of our remaining years. Stop believing that the more money you have saved, translates into a better retirement. Life doesn’t work that way.  Continue reading “Blue Zones And Victory Lap Lifestyle”

Why People Like Me Can’t Retire


Last Thursday I made a presentation on Victory Lap Retirement, followed by a Q & A session at the Toronto Public Library – York Woods branch. I love doing these presentations as it gives me an opportunity to present to my fellow boomers and find out what is going on out there in the real world.

After having talked to numerous boomers I’m convinced more than ever that the majority of us boomers really don’t want to retire, we just need a change, and some help figuring out what to do with the rest of our lives.

In this article I would like to share my thoughts on why some people feel the need for a significant change late in their careers and why traditional retirement is not the answer. I know these feelings because it happened to me.  Continue reading “Why People Like Me Can’t Retire”

In Pursuit Of Boomer Happiness

I was at my local Indigo bookstore this past weekend and look at who happened to stop by.

I’m really starting to believe in this karma thing as more and more chance encounters like this are happening to me since writing the book.

Through this chance meeting I had the chance to talk to Heather about Victory Lap Retirement and my concern that we had miscategorized the book by putting it into the personal finance/retirement section.  Heather was kind enough to share her thoughts and now I’m convinced that our book should be in the self improvement section. Continue reading “In Pursuit Of Boomer Happiness”

No One Told Me It Would Be Like This

There is something very wrong with the work world today. It is far too common to find employees who are tired, over-worked, stressed out, and living in fear of an uncertain future. As a result, people are eating too much, watching too much television, and complaining too much, often self-medicating with drugs and/or alcohol or taking prescription medication to cope with their stress. How can it be that in North America, with two of the most prosperous societies in the world,  people are taking more medications for anxiety, depression, and sleep disorders than ever before?

Blame it on the big dip. Continue reading “No One Told Me It Would Be Like This”

Things I Learned Hanging Out With Young People

img_0003
Me and friends at CPFC16 – Kanwal, Me, Lesley-Anne and Judith (L to R)

I spent the past weekend at the Canadian Personal Finance Conference (CPFC) here in Toronto and had a blast. CPFC is a two-day conference aimed at personal finance bloggers, writers and anyone with a passion for learning more about finance. Some of the speakers included Rob Carrick (The Globe and Mail), Romana King (MoneySense magazine) and Michael Katchen CEO of Wealthsimple.

Jonathan and I spent the weekend connecting with people and handing out copies of our new book, Victory Lap Retirement.  We made many new friends and we will be working with many of them in the days ahead.

At some point, I noticed that most of the attendees were much younger than we were (For the record, Jonathan is older than me. Not by much, but enough) and this made me think that no matter the age difference, all of us at the conference  were still learning and growing. Who says you can’t teach an old dog new tricks? Bottom line, you are never too old to learn and learning new things will keep you thinking young. Continue reading “Things I Learned Hanging Out With Young People”

Breaking Boundaries

What are you going to do when it's your turn?
What are you going to do when it’s your turn?

Last week I appeared on BNN as a guest to talk about Victory Lap Retirement. You can see the interview here.

BNN was doing a piece on “Why Canadians Are Putting off Retirement – and The Challenges They Face” and it looks like our book Victory Lap Retirement struck quite a nerve. You can see a review of the book here and here.
Continue reading “Breaking Boundaries”

Financial Independence and Zen Awakening

 

 

 

I was recently asked to review a new book “Zen and the Art of Wealth” by Warren Mackenzie, which is a story of two friends who chat while one helps the other build his drystone wall. It’s a good book and reminded me of some important life lessons that I had forgotten over the years. The book also triggered some memories about how I was first exposed to the world of Zen. Continue reading “Financial Independence and Zen Awakening”

Books That Changed My Life

Books That Changed My LifeI have always been a firmer believer that most of the answers that we are looking for have already been written about. The trick is finding out where that information is hidden and one of the purposes of this site is to share helpful information sources with each other so that we can all benefit. I’m also a big believer in the power of role models, people who have proven successful at what I want to do. It’s much easier to see how another person accomplished some goal and then just copy what they did. Odds are if you do that you will be successful as well.

Continue reading “Books That Changed My Life”