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”
In our new transition guide we outline ten key life categories that will increase the chances for a long, healthy, low stress, and fulfilling life. A focus on improving in these ten categories will lead to a pretty good life! It can be as simple as that. In today’s blog I will share some thoughts on the first of these categories – Health and Fitness. Continue reading “Creating Your Own Blue Zone – Part 1”
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”
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 retirement industry is starting to wake up to the fact that just because a client has achieved a certain level of retirement savings doesn’t mean that they will automatically enjoy a happy retirement. Life just doesn’t work that way and the truth is that financial planning fails without lifestyle planning, you need to have a good handle on what you are actually saving for and why. Continue reading “There’s More To Retirement Than Financial Planning”
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.
We set a target date of April 1st to get our coaching guide into edit and guess what it’s there! We are excited knowing that it will help a lot of people figure out this retirement thing having been through the ringer ourselves but it will require a lot of polishing before it’s ready to release to our coaching clients. This will be our last book on the subject and will serve as the foundation for our coaching business so we want to take our time and do it right. After that is done we will add a couple of chapters to the guide and publish it as a DIY coaching guide hopefully by the end of this year.
Continue reading “Celebrating Another Milestone”
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?”
For those of you in a relationship I’d be surprised if you did not realize that when it comes to happiness in life, how well you get along with your partner will have the biggest impact. Your partner is the person you’re going to be spending the most time with and if the relationship sours, it will take the joy out of retirement. Continue reading “Grey Divorce”