Learn to Play The Long Game

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”

Time To Stop Following The Retirement Herd

We are all social animals we crave interaction and generally don’t like being alone. We crave that feeling of togetherness being part of something bigger,  the added comfort and safety that comes with being part of a group or a  herd. The herd protects individuals from being singled out, and in the animal kingdom provides safety from being killed by a predator.

Many people have developed a “herd” mentality in life deriving comfort by going with the flow and if everyone else is going in one direction they must know something that we don’t. It is easier not to complicate things by forging our own path based on what we learn or believe. What happens if we are wrong and the herd is right?

When it comes to retirement the “herd” has been doing this retirement thing for a long time. So they must be right, right?

Continue reading “Time To Stop Following The Retirement Herd”

Blue Zones And Victory Lap Lifestyle

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”

Getting Your Confidence Back

I rarely get this question when I give my Victory Lap presentations, but I know it is top of mind for many in the audience and I suspect for many of you reading. I know many of the people I speak with did not really want to stop working. Many have worked at the same career for years and now they are scared/uncertain about the future. The question they want to ask, which I will ask for them is: “Am I good enough to get hired again?”

 

Continue reading “Getting Your Confidence Back”

Every Picture Tells a Story

 

 

 

Another RRSP season is now behind us and I don’t know if it’s just me but this one seemed more low key than usual. Maybe Mr. Trump was hogging all the airwaves this time around?

What concerns me is that the advertisers continue to sell us a version of retirement that doesn’t reflect the current reality for many people. The images of the carefree happy couple sitting on a beach while sipping on a strawberry daiquiri, or the couple sailing on a yacht, smiling with the sun shining and the wind blowing through their hair.           Continue reading “Every Picture Tells a Story”

A Victory Lap Lifestyle – Profile #1

I enjoy learning about and sharing stories of real people doing interesting things. These stories serve to remind me what’s possible when you live intentionally and make healthful lifestyle choices. We can learn from these people and use them as inspiration, if they can do it, there is no reason why we can’t do it too!

Here Is A Story About Carol And George

Continue reading “A Victory Lap Lifestyle – Profile #1”

Retired Me? No Way!

The other day I was at my local bank branch doing some business and the teller asked me how I was enjoying my retirement. Hearing that surprised me but then I realized that they had a message on their computer system that identified me as a retired employee of the bank.

For some reason I felt the need to defend myself and started to explain that I in fact was not retired, that I was busier than ever running my blog, selling my book, serving as a retirement coach and doing public speaking. But then I had a sudden change of heart and decided to stop what I was doing. I realized that defending myself was the OLDME raising its ugly head again and I don’t like OLDME anymore. Continue reading “Retired Me? No Way!”

Why People Like Me Can’t Retire


Last Thursday I made a presentation on Victory Lap Retirement, followed by a Q & A session at the Toronto Public Library – York Woods branch. I love doing these presentations as it gives me an opportunity to present to my fellow boomers and find out what is going on out there in the real world.

After having talked to numerous boomers I’m convinced more than ever that the majority of us boomers really don’t want to retire, we just need a change, and some help figuring out what to do with the rest of our lives.

In this article I would like to share my thoughts on why some people feel the need for a significant change late in their careers and why traditional retirement is not the answer. I know these feelings because it happened to me.  Continue reading “Why People Like Me Can’t Retire”

In Pursuit Of Boomer Happiness

I was at my local Indigo bookstore this past weekend and look at who happened to stop by.

I’m really starting to believe in this karma thing as more and more chance encounters like this are happening to me since writing the book.

Through this chance meeting I had the chance to talk to Heather about Victory Lap Retirement and my concern that we had miscategorized the book by putting it into the personal finance/retirement section.  Heather was kind enough to share her thoughts and now I’m convinced that our book should be in the self improvement section. Continue reading “In Pursuit Of Boomer Happiness”

Back At The Pool Again

Last night I finally got back in the pool again. It’s been about three years since I last swam at my community pool and it was quite a struggle just to get there. My original plan was to begin swimming in early January, but I caught a terrible cold followed by a dry cough that just didn’t want to go away, which ultimately delayed my return.

I was away from swimming for a long time because I got caught up writing my book Victory Lap Retirement. I’ve always had the bad habit of going “all-in” on a new endeavor. It consumed me, which is not a very good thing, and there are consequences to living like that. More importantly my wife the Contessa didn’t take it very well. Something about getting up every morning at 4:30 to write and then falling asleep on the couch around 9:00 every night, probably had something to do with it! Continue reading “Back At The Pool Again”