Helping Boomers Create Their Own Victory Lap Retirement

I’ve been working hard on my year-end review and goal setting, which I will share with you in next week’s blog. I’m excited by what we have accomplished over the past year, but recognize that there is still a lot to do in the years ahead.

My co-writer Jonathan and I are on a major mission and that mission is made up of two parts:

  1. To convince investment advisors to adopt a more holistic approach and provide quality lifestyle planning assistance to their clients.
  2. To teach young people about financial independence, or Findependence as we like to call it, so that they can get off to a good start in life.

It’s a big job, but it’s something that we just feel the need to do.  Call it our way of giving back to the community! Today, I would like to expand on the first point a little more. Continue reading “Helping Boomers Create Their Own Victory Lap Retirement”

December’s VLR Winner

December’s VLR Winner was nominated by my co-author, Jonathan Chevreau, and I just love her story.

Meta is a real person, a neighbour of Jonathan’s and they also happen to attend the same church. She just celebrated her 100th birthday and, until she suffered a hip injury earlier this year, she was still working one or two half-days a week at a nearby printing firm. She used the proceeds from her work to finance the many trips she looked forward to taking with her friends. Wine tours around Niagara-on-the-Lake have always been a particular favourite of hers. Continue reading “December’s VLR Winner”

In Retirement, I Feel Like Scrooge On Christmas Morning

The Contessa and I both love Christmas. It’s just a special time of the year for the both us.

A tradition I always look forward to (in addition to eating a turkey meal) is watching the movie adaption of “A Christmas Carol”. There is just something about that movie that gets to me every time I watch it. I like the message it sends and it serves as an annual wake up call for me. In the movie, Scrooge is given the opportunity to review his life and the mess he has made out of it. And finally, after many years, he understands that money and possessions alone will not bring a person happiness. Continue reading “In Retirement, I Feel Like Scrooge On Christmas Morning”

I’m Mad As Hell And I’m Not Going To Take It Any More!

Sanity not insanity release concept made by a human hand holding a marker on transparent wipe board

Below you will find the famous rant made by TV news anchor Howard Beale in the movie “Network”, which was released in 1976. Little seems to have changed from back then and I could make a good argument that the world is in fact a far worse place then when that speech was given.

How many of us today feel like Beale did? How many of us are feed up with reality TV, tabloid journalism and the networks’ “do anything to bump ratings” approach to news reporting. Can we even trust the news anymore?

The world has gotten a little weird and the recent US elections are proof of that. Today, politicians seem more interested in their campaign contributors than the voters that they are supposed to be representing. Today, people seem willing to just make stuff up and say anything in order to win and they are not even embarrassed when they get caught and they do get caught. What happened?  How did we allow things to get like this? I’ll let Mr Beale say the rest… Continue reading “I’m Mad As Hell And I’m Not Going To Take It Any More!”

Introducing The First Monthly Victory Lap Retirement Winner

ernie-zelinski-4Picking the first winner of the VLR award was easy for me. Some might consider me a little biased, but how could I not give the award to my friend and mentor Ernie Zelinski? After all it was Ernie’s books “How to Retire Happy, Wild and Free” and “The Joy of Not Working” that basically salvaged my life and gave me the courage to leave a 36-year banking career that was slowly killing me.  If I had read Ernie’s book earlier, I would have probably exited my corporate job even sooner than I did.

Ernie is an interesting guy, who learned early in life that he wasn’t cut out for the corporate world. He’s a true free spirit, always has been, always will be and I just love his personal story. At the age of 29 he bailed (some might say was fired) from his job as a professional engineer. I say bailed because subconsciously we sometimes do things that will end up giving ourselves the result that we really want, as in “I know if I do this they will probably fire me” and in Ernie’s case they actually did. Continue reading “Introducing The First Monthly Victory Lap Retirement Winner”

Questions on Victory Lap Retirement

24nov-michaeldrakThe following is a recent interview that I did for Sheryl Smolkin over at www.savewithspp.com on VLR.

Sometimes I think it would have been better to have used the title “Victory Lap lifestyle.” VLR really isn’t a book about retirement, it’s a book that focuses on lifestyle design. Instead of being located in the personal finance section of the bookstore it should be in the self-improvement section, because the goal of the book is to help improve the quality of a person’s remaining years.

Another point we discussed in the interview is the difference between Victory Lap Retirement and an encore career. An encore career (paid or unpaid) is only one of the key ingredients in a successful Victory Lap lifestyle.  Enjoy the interview! Continue reading “Questions on Victory Lap Retirement”

Things I Learned Hanging Out With Young People

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Me and friends at CPFC16 – Kanwal, Me, Lesley-Anne and Judith (L to R)

I spent the past weekend at the Canadian Personal Finance Conference (CPFC) here in Toronto and had a blast. CPFC is a two-day conference aimed at personal finance bloggers, writers and anyone with a passion for learning more about finance. Some of the speakers included Rob Carrick (The Globe and Mail), Romana King (MoneySense magazine) and Michael Katchen CEO of Wealthsimple.

Jonathan and I spent the weekend connecting with people and handing out copies of our new book, Victory Lap Retirement.  We made many new friends and we will be working with many of them in the days ahead.

At some point, I noticed that most of the attendees were much younger than we were (For the record, Jonathan is older than me. Not by much, but enough) and this made me think that no matter the age difference, all of us at the conference  were still learning and growing. Who says you can’t teach an old dog new tricks? Bottom line, you are never too old to learn and learning new things will keep you thinking young. Continue reading “Things I Learned Hanging Out With Young People”

Letting Go Of Grudges

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With Victory Lap Retirement now finished I’ve set out on a mission to simplify my life. This past weekend I cleaned out the cave, aka my home office, where I do the majority of my writing. I managed to fill up a garbage bag with papers containing my thoughts and ideas, newspaper clippings, magazines, and books. I was so pleased with this process, I expanded this simplifying process to the rest of the house, and I am amazed by all the “junk” collected over the years. In many cases, I didn’t even remember how it was acquired. It’s not just physical “junk” that I will purge, but also the “junk” that takes up valuable space in my mind.

Today I would like to talk about how I found a way to discard grudges which are a huge time and energy waster.

“Grudges are a waste of perfect happiness, laugh when you can, apologize when you should, and let go of what you cannot change.”

-Author Unknown

Continue reading “Letting Go Of Grudges”

Having Fun At The Zoomer Show

mosesjonmikeJonathan and I spent last weekend at the Toronto Zoomer Show, which gave us  the opportunity to talk to numerous people about our new book ‘Victory Lap Retirement.” As Ernie Zelinski my mentor likes to say “Books don’t sell themselves!”

The Zoomer show is Canada’s largest consumer and lifestyle event for men and women aged 45+. Visitors at the show receive the latest trends, advice and information on positive aging from more than 250 exhibitors such as Health and Wellness, Financial Planning, Caregiving, Fitness, Technology, Employment, Education, Pets, Volunteerism, Faith, Safety and Travel. There are celebrity speakers, fitness and health demonstrations and much more. One thing I really enjoyed was the strong line up of quality tribute bands, which included one doing songs of one my personal favourites “David Bowie”.

Continue reading “Having Fun At The Zoomer Show”

Introducing “Victory Lap Retirement Winners”

Victory Lap Retirement Lifesyle winner
Victory Lap Retirement Lifestyle winner

I’ve been meaning to blog about this for awhile but the book launch has kept me quite busy and to be honest I’m a little burned out at the moment. On the positive side I feel like Scrooge on Christmas morning, there are so many positive things going on in my life right now. That is what happens when you decide to take control of your life back and design a great lifestyle for yourself. But to be honest it’s not all roses all the time and one concern that I do have is watching out for my health. I’m not sleeping properly, there is way too much stuff on my mind and even though it’s all positive it concerns me.

I’ve begun a regular habit of checking my blood pressure whenever I’m at Shoppers and the readings are all over the place. While I’m no doctor, I’m pretty sure that it reflects the pace that I’m currently living at. The goal going forward will be to lower stress and slow the pace way, way down as I want to be around a long, long time!

Continue reading “Introducing “Victory Lap Retirement Winners””