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.
If you have read our book or our blogs you know we are big fans of the book Blue Zones by Dan Buttner. Mr. Buttner has studied what makes people happy and healthy around the world. We learn there are different definitions of happy but there are lots of commonality amongst the happiest people in the world. If you have not had a chance take some time and read Blue Zones.
My fishing guide Patrick finally came out of the bush and sent me some pictures that were taken when I was up on The George in September. My own pictures were destroyed when I fell in the river and lost everything on my iPhone, second time that has happened to me! I carry a small notepad in my fishing vest so I can jot down random thoughts whenever they materialize. It also got wet from the dunking but thankfully I was still able to make out most of my thoughts that I had recorded. During that trip I was fixated on a phrase that I tend to overuse and that is “Having a reason to get out of bed every morning with a smile on your face.” Continue reading “Victory Lap Retirement Is All About Values Based Living”
It’s taken me a long time to get to this point in my life where all the pieces have finally come together. I’m blessed with a loving family and friends, a great wife (the Contessa) and a wonderful business partner in Gerry. Things finally feel right and the future looks pretty good right now from where I’m standing. But it wasn’t always that way and I’ve been dealt, rightly or wrongly, with my share of challenges over the years.
Many of you maybe confused by lifestyle and financial planning. The financial services industry, through advisors, planners and brokers have for years helped customers save money for their retirement. They provide suggestions on investments look at your risk tolerance, asset mix, help you budget, with the goal of financial independence when you retire. That is a wonderful and noble goal but are you really prepared for the “blank sheet of paper” that is your life for the next 20+ years? We call the years after work where you have the health to do what you want your Victory Lap (VL). As my mother use to say “Money does not buy you happiness” so you need a lifestyle plan.
As you read this I am on my annual fishing trip to the George River. I’ve been working hard over the summer and I can’t believe how fast this one has gone by. The weather has not been great with all that rain we had this year in the Toronto area. While I will miss the Contessa I need time away from the computer to recharge. I will post a full report of my trip when I return. The “George” holds a special place in my heart and I will share with you how I discovered it’s healing powers. I hope everyone has their own special place, the place you can go to think, rejuvenate and recharge your soul. This week I would like to talk about dealing with retirement shock. Continue reading “Gone Fishing”
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”
My view about money changed since I left the corporate world, why I thought? Early in my life I was lead to believe that money was the most important measure, the one thing that matters on a personal scorecard. I became wired to succeed, earn promotions and win awards. All in the pursuit of “more money”, money for the family, money for more stuff. Continue reading “In Victory Lap It’s Not About “More Money””
I was reading an article on retirement in The Atlantic. The article discussed the earliest concept of retirement dating back to Otto von Bismarck of Prussia in 1881. The concept was to provide financial support to “older members” of society. The idea was radical because people did not retire, if you were alive you worked. At the time the majority of people were employed in agriculture to feed the masses. The struggle for payment continued for 8 years and finally with pressure from the socialists, legislation was introduced for the state to take care of those disabled from work. Social security was later introduced for those over 70 years old, however 70 was well above life expectancy at the time. Continue reading “Where did the idea of Retirement come from?”