MORE GOOD NEWS ANYTHING IS POSSIBLE

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”

Where did the idea of Retirement come from?

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?”

“The Better The Plan The Better The Outcome”

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””

Who Needs To Plan?

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.

Continue reading “Who Needs To Plan?”

Victory Lap Lifestyle Profile #3

It’s Never Too Late

Active Retirement and HobbiesMany people have heard the story about Grandma Moses who started painting when she was seventy-five years old and still managed to have a twenty-six-year career. Stories like hers seem so distant, so outside the realm of possibility, that it is hard to relate to. That is why I love the following story which was provided to me by our publicist Debby, below is her personal account of how her husband followed his passion and created a dream Victory Lap. A story like this is close to home so it takes on a whole new meaning. Enjoy! Continue reading “Victory Lap Lifestyle Profile #3”

Victory Lap Retirement: Live Your Best Life Now!

“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!”

Victory Lap Question – When You Retire Where Do All Your Friends Go?

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?”