I just got back from my annual fishing trip to the George and it was the best trip ever. The fishing was fantastic, the weather better than normal and I’ve truly fallen in love with the place. It’s become my fortress of solitude, my get alone and think place, but it wasn’t always that way. I smile every time I think about my first visit there, three years ago. Continue reading “Unplugged On The George (Part 1 of 2)”
This week’s blog will be a little shorter, it is the summer so this will allow you to have a quick read then get out and enjoy the warm weather, after all Labour Day is just around the corner.
When I was working full time, the company’s fiscal year end was October 31, so the fall was a time to review achievements and plan for the new fiscal year, I still take this attitude into my personal life. As many of you finish enjoying the summer it is a good time to review your life style and financial plans and take time to think about life after your first career. Continue reading “MORE GOOD NEWS ANYTHING IS POSSIBLE”
I was reading an article in the New York Times on the difficulty older people have proving a bias or harm when fired, deleted, given the pink slip, or the newest term I have seen – transitioned through. Without clear proof of harm there is a long uphill legal battle with little chance at compensation. Continue reading “Time To Turn The Page”
Suggested Reading Prior To Commencing Your Victory Lap Retirement
A question that frequently comes up at our seminars is what books we would recommend people read to help prepare themselves for a successful VL. I think this happens because many of our talks are held at libraries and people there are accustomed to doing their own research. There are a lot of good books out there, including Victory Lap Retirement, but the following four will do the job getting you both mentally and financially prepared to launch your own VL. Continue reading ” 4 Books”
I am giving Mike a blog break, as he keeps telling me he is busier now than when he was working for the Corp., but he loves what he is doing! Good Morning another long weekend ends here in Canada and today begins our family’s first day in over 14 years without our dear family dog Sasha. More on that later. Continue reading “Bad Things Are Going to Happen, So Bring On The Joy”
“It’s my life
It’s now or never
I ain’t gonna live forever
I just want to live while I’m alive”
-It’s My Life by Bon Jovi (fellow boomer)
I’m thinking about using the above song as our Victory Lap Retirement (VLR) rallying cry, it’s simple, gets the point across and who doesn’t like Bon Jovi? Please note the absence of the word “retirement” in the lyrics. The song reminds us that now, not tomorrow, is the time to take back control of our life and start living the way that we always wanted to but going through “The Big Dip” never had the time or chance. Continue reading “Victory Lap Retirement: Live Your Best Life Now!”
This question comes up at many presentations I make on Victory Lap Retirement. A strong social network is key to our happiness and longevity. Friendships enrich our lives we should always look to build our social network and build relationships with people we care about.
The challenge for all of us is that we are so busy working and nurturing our family, we can sometimes underinvest in our friendships. Our relationships with friends can also suffer when we are stressed out and in some cases pull back from friends, after all who wants to be a “downer” to our friends Continue reading “Victory Lap Question – When You Retire Where Do All Your Friends Go?”
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”
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”
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”