Retirement Wisdom Blogs

March 28, 2017

Lesson on Staying Relevant and Not being a Bore in Retirement

by Denis Wuestman Have you thought about the importance of not becoming a bore or irrelevant once you retire? I wanted to share some thoughts on this and will likely have a part 2 etc.…. Baseball trip Lesson My awareness of this started a few years ago when I had the extreme pleasure to spend some time with a vibrant 80 year-old man during a baseball spring training excursion. He was a friend of a friend and we were introduced over dinner.   On this same trip was my 25 year-old nephew.   We both spent a lot of time with this […]
March 27, 2017

What Will Your Retirement Video Be Like? Three Tips from Matt Bonner.

By Joe Casey What could you possibly have in common with a 36-year-old 6-foot-10 NBA player? Retirement. His most likely arrived earlier than yours. However, he went out with a nice flourish – a Retirement Video. Matt Bonner is a professional basketball player, who just retired from the San Antonio Spurs after a 12-year career. While he was never a ‘star’, he was a deadly 3-point shooter and played on two NBA championship teams. He also has a great sense a humor (his blog is titled ‘The Sandwich Hunter: The Quest for the Hoagie Grail”). When he decided, it […]
March 12, 2017

Saying ‘No’ is a Key Part of the New Retirement Skill Set

by Joe Casey 4 Steps to Say No Gracefully, but Firmly It’s said that nature abhors a vacuum. You can see that principle at work with the schedules of new retirees. Free space will be filled fast. Sometimes you can become busy with commitments that may not be the right ones for you. One of the surprises new retirees report is that they quickly become much busier than they expected – or wanted – to be. Suddenly, they find themselves as busy as they were before, just with a different mix of activities, but driven too much by other people’s […]
March 12, 2017

After Family/Health/Wealth – the Next Top 3 Priorities for Retirement

by Denis Wuestman As you get closer to making the transition from your main career to your retirement stage  you may wonder what your most important priorities should be. Among the top three things that likely enter your mind are: 1) will I have the financial resources to help me live the life I want to live? 2) will I be able to maintain good health? 3) will my spouse or partner and I be on the same page as to our goals and dreams?   Arguably, these are very important areas to deal with as one contemplates retirement. Let’s assume […]
February 25, 2017

Will Your Personality Change in Retirement?

By Joe Casey While passing by and seeing this title, my wife commented, “Let’s hope so.” Oh, well. Our personalities were previously thought to develop early in life through childhood, adolescence and early adulthood and then remain fairly static. Now it appears that certain aspects of personality evolve later in life. Does Your True Personality Become More Apparent in Retirement? “As individuals age, they become increasingly like themselves…the personality structure stands more clearly revealed in an old than in a younger person.” (Hooker, 2002). Retirees often reconnect with passions and interests they had earlier in life, and now have time […]
February 25, 2017

Coaching is Not Just for Sports

by Denis Wuestman How many of us have watched a sports coach, been coached by a sports coach or coached a sports team? I would think that you would fall into one of these categories.   So, in sports, coaches play an important role as they very often are responsible for organizing a team, creating a strategy for how a team executes, adjusting the game plan, running practices and instructing individuals to become better at what they do and how they contribute. Sports and Life – Some Parallels Sport mimics life in many ways, at least for me. In sports, there […]
February 17, 2017

Three Lessons from the Second Acts of US Presidents

By Joe Casey This President’s Day weekend, let’s put politics aside and look at what we can learn from the experiences of three recent US Presidents in retirement. Barack Obama has multiple options he’s pondering for his second act. After leaving office at 55, he may perhaps have a third act as well. While he’s thinking those over let’s look at what he – and we – can learning from three of his predecessors. Different Ages Three of the last six US Presidents left office at ages considered to be early retirement in other works of life. Bill Clinton was […]
February 16, 2017

My Thinking About Retirement Needed an Adjustment

by Denis Wuestman There was a time not long ago that I had created for myself a picture of what it would be like to stop working – commonly referred to as “retirement”.   I convinced myself that I would find great pleasure in not having to get up early, commute long distances and have little time for relaxation.   In fact, I created a vision of what my days would be like but my vision became fuzzy when I realized that the activities I planned would occupy so little of my time, and it got me thinking.  So I looked to […]
February 14, 2017

What’s Your Back Up Plan?

by Joe Casey It’s a cornerstone decision: “when do I want to retire?” This question is quickly followed by another: “when CAN I retire?”.  It’s wise to add a third question: “What if the timing isn’t up to me?” I’ll Never Retire If you listen to all the chatter out there, you’ll soon come to the conclusion that none of us will ever be able to retire. Indeed, a recent study by Willis Towers Watson found that almost a quarter of Americans plan on delaying retiring until 70.¹  And a Federal Reserve study found that 38% of Americans plan on never […]
January 9, 2017

What NFL Players Can Teach You About the Transition to Retirement

by Joe Casey The ratings may be down this year, but that hasn’t stopped NFL football from being the most viewed sport in the US, drawing an average audience of over 20 million people. And its popularity is being fueled by an increase in women following the sport. ¹ So it stands to reason that fans like me might find parallels between the NFL and real life. The game is, after all, a persistent force in American culture. But, as much as I enjoy being an observer of cultural behavior, especially when it comes to football, I’m actually on a mission […]
January 9, 2017

A Key Step in Preparing for Retirement: Build Your Social Network

by Joe Casey As you get closer to retirement, are you thinking more about your health? I know I am. Perhaps you’re focusing more on wellness and fitness lately. Have you seen the flurry of recent articles alerting us that sitting is the new smoking? Indeed, there are real dangers to our health if we aren’t moving enough throughout the day. But this isn’t about smoking or fitness. I’m fairly confident you know about the health implications of both. I want to share with you another risk to our health that researchers have identified, and which doesn’t receive as much press. […]
January 9, 2017

Are You Ready for a Gap Year?

by Joe Casey Our youngest daughter left for college this fall. Last spring when she was considering her future path, she came home one day excited that one of her friends would be taking a Gap Year. The ensuing conversation turned out to be an eye-opener for me, because it changed my whole outlook on what happens during gap years. And surprisingly, this led me to think differently about life at the other end of the career spectrum from my daughter’s: retirement. But before I share my epiphany and how it could affect your retirement plans, I’m going to go back to that initial moment when my daughter […]
January 8, 2017

Time Rich: A Big Investment Opportunity in Retirement

by Joe Casey Just a half a mile to go. I was about to accomplish a goal that was years in the making – finishing the Boston Marathon. Suddenly, I could not take another step. I had fractured my left hip. I was wheeled off the course, taken to the medical tent and then in an ambulance to the emergency room at Mass General Hospital. I had surgery first thing the next morning. Then the verdict: On crutches and restricted to the house for up to 12 weeks. No running for a year. While in the hospital, a client called […]