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?”
Going through boot camp has been both exhilarating and frustrating at the same time. I’ve been making great progress on the mental and spiritual side but I’m still struggling with getting back into the kind of shape that I want.
I know the problem, I was attempting to write a book, manage a blog, doing media and trying to get healthy at the same time. It was simply asking for too much too soon. Something had to give and it was my workouts. In hindsight the best way to transition into VLR would have been to take a break from work and just focus on my mind, body, and spirit. So now it is time to re-group and re-focus.
I believe most people would agree with the above statement so why is it that 46% of Canadians do not have a financial plan? It just doesn’t make sense to me. Everyone is concerned about their futures yet why are so many willing to blindly go along and hope things turn out for the best. All I can say is good luck with that! Continue reading ““The Better The Plan The Better The Outcome””
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”
You have probably noticed a trend in our blogs, one common thread is no matter where we start retirement can be better with a little planning. Planning is key for everyone to get their 20 plus years of retirement right. I asked Gerry to share his thoughts.
Planning is Key
When I think about my journey to Victory Lap Retirement (VLR), in comparison to Mike, or other people we have met during the book tour, it is clear there are similarities in that we are leaving careers and looking for something new for the first time in a long time. What is different is how we got here, which is largely based on how we left our career and our work experience over the last few years. Let me illustrate.
Recently we did a morning presentation in Kitchener, Ontario, we normally don’t do mornings as I’m not what you would call a “morning person”. I don’t know my own name until after my second cup of coffee. Morning presentations also mess up Gerry’s daily workout schedule. Still we were up at 5:30 to get ready to battle the traffic, that is something I haven’t missed since I left the corp.. In the end though the early start was well worth the effort.
The audience we met was a special group of individuals who wake up and head to the local pool, many daily. This was a group I could connect with, the audience was made up by a group of people that was working to maintain a healthy lifestyle which included an early morning workout at the local pool. Each week after their workout they would attend a presentation from people like me on various topics. What a great idea exercise, education and a coffee to boot. Continue reading “Finding our Tribe”
It’s starting to happen. Many boomers are waking up and are unwilling to follow the traditional retirement status quo. They are unwilling to blindly follow and do what everyone else before them has done. They refuse to allow themselves to be defined by someone else’s expectations of what they should do or not do at a certain age. They feel an urge to finally break free and express who they really are. They want to work at something that gives meaning and purpose to their lives. All I can say is it’s about time! Continue reading “Best Way To End A Nightmare Is To Wake Up”
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”