Retirement Wisdom Blog Posts

May 3, 2019
Second act careers

What Story Are You Writing? 6 Lessons to Fuel Your Next Chapter

by Joe Casey What will the next chapter be in the story that you’re writing? I had the pleasure of attending a CIRKEL intergenerational networking event in New York City this week with our 21-year-old daughter. It was a great experience – and it was interesting to compare notes on the way home on our different perspectives and takeaways. It’s a terrific idea. Bring generations together for mutually beneficial mentoring. This CIRKEL event featured three New Yorkers from three generations sharing their life stories.  (The fact that all three came to New York from elsewhere – Boston, Texas, and Minnesota […]
April 30, 2019
Preparing to work in retirement

Is the Real Issue Age or Competence?

By Susan Williams I read a really interesting article in the New York Times recently entitled “When Is The Surgeon Too Old To Operate”. The article highlighted that similar to many other professions, the population of physicians is aging. It then went on to raise the question of how to determine whether an aging physician is still able to practice and what is the best way to evaluate and discuss this. Right after I read this article, I noticed another article in Forbes on a different but similar topic. It shared the challenges about talking with your elderly parents about whether they should […]
April 17, 2019
It's too risky to plan for retirement without a back up plan

Are You Really Planning for Retirement Without a Back Up Plan?

by Joe Casey I consider myself a dyed-in-the-wool Optimist. But there’s no doubt that a lot can go wrong. That’s why we have so much insurance. Have you taken stock recently of all of the different types of insurance you have? It probably includes Life, Home, Auto and Disability and perhaps Long-Term Care. For some, it may include coverage for a motorcycle, a boat – or even Pet Insurance. They’re necessary to protect against the risks we all face in life. Yet there’s another risk that may not be high enough on your radar. What if you have to retire […]
January 31, 2019
Phased retirement

When It Comes To Working – Let’s Get Flexible

By Susan Williams There was some interesting research published by Stanford Business School recently. In their post they shared that 40% of American retirees would prefer to be working. For anyone who dreams about retirement, this could be quite a shocking statistic. For many people, counting down the days to retirement is part of a working ritual so to learn that once people retire they wish they had stayed working can throw cold water on their retirement fantasy. However, once you move past this headline and dive a bit further into the research there are some sample parameters that should be noted. […]
December 31, 2018

Upgrade Your New Year’s Resolutions with One of These 6 Helpful Tools

by Joe Casey Are New Year’s Resolutions passe’? The eye test says yes. You see the crowd of new people at the gym on January 2nd, only to see them fade away by Valentine’s Day. Data also backs this up. One survey showed that “only 16.3% of people over the age of 50 achieve their resolutions.” (1) Why? Most resolutions are based on only one strategy. Willpower. And what we know about willpower is it tends to fade over time. It gets depleted. Dicey. But resolutions are based on very good intentions and a positive vision of your future. Keep those […]
December 11, 2018
Best Books On Aging Well

Looking for a Better Gift? Share Insights on How to Retire Well

by Joe Casey One of the greatest gifts I ever received came from my mother. My grandfather was the Fire Chief in my hometown north of Boston and I spent a lot of time at the main firehouse. Right across the street was our public library. Since hanging out too long at the firehouse was probably dangerous, my mother took me to the library frequently from a very young age. It opened up a whole new world. It gave me a love of reading that continues to this day. This year, I am grateful for the opportunity to talk with authors on our podcast […]
December 10, 2018

Thinking About Retiring? Say “I Do” to Curiosity

by Denis Wuestman Last year I wrote a blog about lessons learned observing a one-year-old turning the pages of a picture book (Turn the Page).  The lesson for retirees is that we too have to turn the page if we want to move forward and experience the great things that freedom affords us in this next phase of our lives.  This may mean leaving some things behind as it is hard to fully appreciate the next page until you move from where you are today. A New Lesson – The Curiosity-Creativity Link Yes, moving forward is a key first step.  But, the two-year-old isn’t […]
November 19, 2018

Are You Staying Ahead of the Fraudsters?

By Joe Casey Are you or your loved ones vulnerable to fraud? It’s worth thinking about. A study by Annamaria Lusardi at George Washington University and her colleagues found that “nearly one-third of respondents reported that someone had used or attempted to use their financial accounts in the past five years.” (1) It takes a lot of work, sacrifice, and discipline to save for retirement today. Once you’ve achieved some level of financial security, a defensive mindset becomes important. Not only do you need to manage your assets intelligently so you do not outlive your money, but you also need to be […]
November 15, 2018

Are You Heading for a Busy Retirement?

by Joe Casey Remember when you were a kid? A frequent question from adults was “What do you want to be when you grow up?” Do you remember your answers? A favorite of mine was “An astronaut”. (My wife tells me being a space cadet is close enough). Odds are that your answer was not “I want to be really busy when I grow up.” Yet many of us have managed to accomplish just that. Life Gets Complicated and Busyness Takes Over It’s easy to get caught up in being busy. Busy is rewarded. If you’re good at getting things done, you’ll […]
November 13, 2018

The Retirement Discussion Dilemma

By Susan Williams You are thinking about retirement and would like to transition into it. Maybe working part-time to start would be great. Or even just having some more flexibility in your hours would be a bonus. Your employer realizes that you’re getting close to retirement and would like to retain your skills or have you mentor some younger colleagues. They would like to know what your plans are so that they can make sure that they have appropriate succession plans in place. Both of you would like to have a conversation about this but neither one of you want […]
October 24, 2018

Does Money Buy Happiness in Retirement?

by Joe Casey State Street Global Advisors recently released their 2018 Global Retirement Reality Report titled The Happiness Formula. The survey is macro-focused and the formula consists of three factors – Trust in the Savings Systems, Ownership of Retirement Role and (financial) Preparedness. Of eight countries, the US scored highest in Ownership and Preparedness and second in Trust, far behind Sweden. The Netherlands scored the lowest in two of the three categories and the UK was in the bottom three in two of the categories. From the US perspective, it was interesting to see the gap between these two questions:   […]
September 30, 2018

Could You Reinvent Yourself as an Entrepreneur in Your Next Act?

By Joe Casey Different things can prompt you to ponder the question of whether or not to become an entrepreneur in the mid-to-late stages of a corporate career. An acquisition. A restructuring. An early-retirement buyout offer. A new boss who wants his or her own people. Have You Seen This Movie Too Many Times? There’s a cyclical nature to life in the corporate world that can be akin to the movie Groundhog Day. It’s easy to feel like you’ve seen all of this before. A commute doesn’t help – it’s only fun the first 500 times. Do you ever find yourself wondering Is […]
September 4, 2018

Back to School. How About You?

By Joe Casey It’s Back to School season. In our home, our youngest daughter began her junior year in college last week. Our son is starting his junior year of high school this week. It’s a time of transition. The return of the backpacks. How about you? Are you headed back to school? People tend to scoff at that question.  Following considerable laughter, I usually hear “I finished school a long time ago.”  or “I’m retired. I’m too old for that” or “I could never do that”. You’ve Updated Your Software – How About Your Mindset? Look past the laughter and you’ll see […]
August 8, 2018

Is Your Company Fully Ready for the Aging Workforce?

by Joe Casey There are strong crosscurrents swirling in today’s workplace that significantly impact older workers. People are living longer and many people expect to work longer than previous generations. But some people do not want to just continue to work in the same way forever. The key things they desire are greater flexibility and a pathway to winding down at their own pace. Almost half of workers surveyed plan to transition gradually into retirement, according to a Transamerica Center for Retirement Studies report published in June. A Big Gap Yet, there is a sizeable gap between what aging workers want and what many companies […]
August 3, 2018
people discussing preparing for retirement and how to retire

Why Are People Unretiring?

By Joe Casey Planning well for retirement takes discipline, vision, and sacrifice and often takes decades. There are critical financial issues to plan for, including health care and long-term care. Once those are reasonably squared away, there are key non-financial issues to plan for as well. The Non-Financial Side of the Street On the other side of the retirement equation, there are some big-picture questions, such as: What will my purpose be when I’m retired? Who will I be in retirement? I’ve always been a lawyer, an accountant, etc.  Now, what will my new identity be? There are also more […]
July 23, 2018

Why Settle for Happiness?

By Joe Casey The pursuit of happiness. It’s one of the three “unalienable rights” highlighted in the Declaration of Independence. Happiness has also become an industry. Odds are that you’ve read a least one, and probably more, of the countless books or articles published on happiness in recent years. And it seems that it may be harder to achieve these days – at least around these parts. Among countries, Canada ranks 9th and the U.S. slipped from third to 19th in the 2017 World Happiness Report. But if you’re “chronologically advanced”, as I heard the comedian Sarah Jones describe it last week, there’s good news. […]
July 9, 2018

Who Will You Be in Retirement?

By Joe Casey “When you are 20, you care about what people think about you, when you are 40 you stop caring about what people think about you, and when you are 60, you realize nobody cared in the first place.” – Winston Churchill   Have you ever asked someone “How was your weekend?” –  and regret it when, five minutes later, they’re still breaking down Saturday morning blow by blow? Let’s face it. You were really expecting “Fine” or “Wonderful” or “Awesome” – or even “Not bad. How was yours?” Any answer would do. And you’d both pleasantly move on with your days.   […]
July 4, 2018

What’s On Your Retirement Mind?

by Denis Wuestman This year we started a series of seminars on the non-financial aspects of retirement with groups of people preparing for this transition as well as those in their early years of retirement. Since everyone’s experience is different, it was insightful to see how people felt about this new part of their lives, sharing their principles, fears and successes.  We asked them what their most important concerns are when thinking about the non-financial aspects of a retirement transition.  Here are the Top 5 with some tips on how to deal with them: Fear of Loneliness. This was a […]
June 22, 2018

Should I Stay or Should I Go?

By Joe Casey It’s inevitable that you will approach a crossroads in your career in mid to later life. Questions bubble up. Sometimes from within. Sometimes from others. Or both. The questions are around your path.             Should I Stay With What I’m Doing?           Or Should I Pursue a Different Direction?   A Chorus Of Voices It’s an invitation to tune in to that little voice inside that’s easy to mute in the hustle and bustle of daily life. Practical considerations quickly come to the fore. Stability. Financial security. And then […]
June 21, 2018

Why Do We Need Reminders to Focus on What Matters Most?

By Joe Casey A colleague, executive coaching client, and friend died two weeks ago. He was suddenly stricken with an illness, fought valiantly, but, sadly, died three months later. One week before his retirement date. One month before his 69th birthday. His brother delivered the eulogy at his funeral and spoke about how he had been looking forward to being able to spend the whole summer at his beach house, for the first time in his life. He had bought a new convertible, parked right outside, to make the most of it. He had put his retirement off, several times. […]
May 3, 2018

Is Your Attitude in Shape for Retirement?

By Joe Casey There’s a lot of uncertainty we face in planning for retirement. On the financial side, we can’t control the direction of the markets, interest rates or unexpected events (Lions and Tigers and Bears, Oh My!). On the non-financial side, there are important questions to resolve (Where will we live? What will we do?) and many things we can’t fully control, like our health and longevity. There is one thing we can control in retirement – our attitude. In my HR career, I  remember meeting with an internal client who prominently displayed a sign on his desk that […]
April 24, 2018

Who’s Your Retirement Role Model?

by Joe Casey Retirement today is drastically different than it was in earlier generations. You know the drill. Pensions are a relic of the distant past, for most of us. We’ve heard about them and there’s probably a compelling museum exhibit somewhere on them –  but they are not part of our reality. Longer Lives, Longer Retirements There’s also greater longevity. This one cuts both ways. Saving for retirement today requires investing more – and earlier – to fund what is likely to be a far longer time in retirement. But it’s also a great potential opportunity. Rather than retreating […]
April 23, 2018

Millennials & Baby Boomers. Can We Talk (about Retirement)?

By Joe Casey There’s a lot of ongoing chatter about Millennials & Baby Boomers. A Knowledge@Wharton article last week posed the question Can Baby Boomers Succeed in a Millennial World? It noted that next year Millennials will become a larger share of the US population than the Boomers. It also pointed out that in today’s workplace there are many unhealthy stereotypes about each generation. Another recent article noted that there is “Millennial fatigue” and highlighted that the cohort is more diverse than is often thought. I’m skeptical about sweeping characterizations about generational cohorts. My education tells me that there are common experiences and […]
April 5, 2018

Older Workers Watch Your Head – Breaking Through the Gray Ceiling

By Susan Williams The other day the Washington Post published an article on some of the challenges that older workers may experience if they were planning on working in retirement. In their post they cited a term that I hadn’t heard of before – “the gray ceiling“. I’m very familiar with the term glass ceiling – specifically as it relates to women and their career advancement but the term gray ceiling was new for me. As much as we don’t like to admit it, ageism exists in the workplace. This situation has begun to improve slightly given the supply and demand situation for skilled […]
February 21, 2018

Do You Have Any Outdated Principles on Your Belief Window About Retirement?

By Joe Casey They say when the student is ready, the teacher appears. But sometimes the teacher shows up early and plants a seed. Twenty-five years ago, I was introduced to a concept that I wasn’t ready to grasp. I was in my mid-thirties, a mid-level HR manager on the way up, with two kids and a long To Do list. Big plans. Busy schedule. Many irons in the fire. Getting lots of things done. A whirling dervish. You know the type. Are You Open to a New Idea? One day, my manager and her manager asked if I’d meet […]
February 16, 2018

Is This Worry on Your Radar? * Updated *

By Joe Casey While I tend to focus on the optimistic aspects of retirement, there are many legitimate areas of concern. Will I outlive my money? What will my health be? What about health care? How about long-term care? But there’s another big concern that I was unaware of. Liberty. Good Intentions Exploited Guardianship is intended to protect people who are assessed as incapable of making decisions in their own best interest. Despite this worthy intention, the laws are currently fraught with loopholes that can be exploited, leading to fraud and elder abuse. In this compelling piece in The New […]
February 6, 2018

Aging: Preparing For Both Quantity and Quality of Life

By Susan Williams There was an article a while back about the death of a man who had claimed to be 146 years old. This made me start to wonder. Had he been healthy? Had he been able to spend time with people he cared about? Was he able to do the things he liked to do? All the things that we think would contribute to living a good life. Once I moved past the amazement that he supposedly lived 146 years, I started to ask myself – how do make sure that we have a good quality of life versus strictly quantity of […]
February 1, 2018

Tom vs Time. Are There Lessons for Us Mere Mortals Planning to Retire?

By Joe Casey In the spirit of full disclosure, I’m a Boston native and a Patriots fan since 1970. However, since I now live halfway between New York and Philadelphia, I am fully aware of how the Patriots and Tom Brady are viewed outside of New England. I’ve always loved sports because of stories – the story that develops within a game, over a season or in the arc of a career. So, Tom Brady’s six-part docuseries Tom vs Time , which is currently unfolding in 15 minute episodes on Facebook, drew my attention immediately. As a Patriots fan, I was […]
January 29, 2018

Are You Headed for a Zombie Retirement?

By Joe Casey When people think of retirement planning, most focus on the financial side. It’s critical. But retirement is not just about money. It’s also about time. In my work, I see smart people who nail the financial side, yet put off the non-financial side. They’re financially flying first-class in retirement – but they find themselves living in the equivalent of a middle seat in the last row of coach. Why? Because getting it right – on both sides – can appear deceptively simple, but it can be easily put off. Until, you find that you’ve drifted off into […]
January 17, 2018

Thinking of Retiring This Year? 6 Tips to Help Your Journey

by Denis Wuestman For many people, starting a new year is often accompanied by resolutions to do something different. The areas that seem to get the most attention focus on health or work as evidenced by increases in gym memberships, new diets or job searches.  In many cases, this will require creating new habits and searching for the personal incentive to sustain a new path. As someone who has spent many years helping companies transform the way they work, I see strong parallels between work processes and the more personal aspects of one’s life.  One thing is very clear – change is a […]
January 8, 2018

Why a Longer Happy Hour in Retirement is Not A Good Thing

By Susan Williams Alcohol. When something good happens we may drink to celebrate. When something bad happens we may drink to drown our sorrows. And for many baby boomers, drinking alcohol has been considered a normal part of their lives for a very long time. But it seems that baby boomers are hitting the bottle harder than ever before and this is creating some significant risks. From baby boomers liberal acceptance of drinking, to feelings of loneliness or boredom, whatever the reasons it’s becoming a very dangerous situation. And this is a global problem. A recent article published in The Guardian cited some research […]
January 1, 2018

Two Tools to Help You Be Your Best Self This Year

By Joe Casey At the end of the year, one of my executive coaching clients shared her bold plan to make 2018 about becoming her best self. I found it to be very inspiring and it’s changed my thinking for the year ahead. If you’d like to be your best self in 2018, there are two tools I would highly recommend: WOOP It Up The first is a practice called WOOP.  It was developed by an NYU professor Gabriele Oettingen and it’s based on her empirical research on mental contrasting and her husband’s (Peter Gollwitzer) work on implementation intentions. And there’s […]
December 21, 2017

Our Greatest Gifts!

by Denis Wuestman Being naturally curious about the definition of purpose, I pursued a greater understanding of this via reading multiple books, discussing it with others and listening to various expert perspectives. I believe that this topic is even more important as we transition into retirement. A purpose in retirement can make a big difference in how we live our lives. But does it have to be just one thing that defines our purpose? I believe the answer to that is a resounding no, as it can be many things, and is easier to discover then we may think. The […]
December 8, 2017

Why the Language We Use for Aging Matters

By Susan Williams Recently there was a media buzz around the fact that Allure Magazine was no longer going to use the term “anti-aging”. In their announcement about this change the magazine made an excellent point on why they made the shift – “language matters”. And it really does. So much of what we say and think both to ourselves and others can have an enormous impact on how we feel and behave. For example, think about the last time someone suggested you look tired. It may have been an innocent enough comment but how did that make you feel? Did you possibly […]
November 22, 2017

Three Ways to Make Gratitude a Year-Round Sport

By Joe Casey Like many families, we have a tradition of sharing what we’re grateful for at our Thanksgiving table. For us, it took a while to gain traction. At first, we went around the table and each person shared what they were most thankful for this year. This was not enthusiastically embraced by the gaggle of nieces and nephews, not to mention some of the curmudgeons at the grown-ups table. It led to some memorable gems. My personal favorites from the early years include:   “I’m grateful I only have to endure this torture once a year.” “I’m thankful […]
November 22, 2017

The Contagious Habit – Saying Thanks

by Denis Wuestman It started with a simple trip to a local food store to grab a cup of hot chocolate on an unusually cold morning a few weeks ago. I was standing in a short line to pay for my drink and a small snack. When I approached the cashier to pay, she smiled, nodded towards the man who was ahead of me on line and said to me “he took care of this for you, have a nice day”.  I turned quickly and saw the smiling face of someone about my age as he was heading out the door and called […]
November 2, 2017

Aging in the Suburbs – Is This Realistic or Risky?

 By Susan Williams     The suburbs. Where homes were built outside city limits so young families could enjoy home ownership and having their own backyard.   Suburban life really started to boom after World War II when many war vets returned home and wanted to settle down. At that time the suburbs were ideal. They were typically located just outside the major cities. Given the increased capabilities to commute to the city because of the infrastructure to support cars and trains, it became a great place to get a larger home and space and raise a family. However today the suburbs are […]
October 26, 2017

5 Tips On How A Structure Can Help Your Retirement Transition

by Denis Wuestman If you are thinking of retiring from full time work and are not sure what it will be like, you are in for one certain thing– an adjustment. Two main things I hear from people who have transitioned are: 1) dealing with a change in their identity from worker to retiree and, 2) that their days are less structured and they are not sure if they like that or not. In the short term these may not feel like big issues but once you have spent some time in retirement, not preparing for these changes can lead […]
October 17, 2017

Will You Outlive Your Money? There Are Other Risks to Manage, Too.

By Joe Casey You’ve seen the brochures on retirement. Sailboats. Walks on the beach, Golf. Beautiful sunsets. ‘Seashells and balloons’ as the late, great Al McGuire once quipped. They paint an appealing picture of retirement.  It looks awesome! It’s important to have an aspirational vision of your life in retirement. And it’s critical to have a sound financial plan and invest wisely for your future. If you don’t, you’ll risk outliving your money, advisors and journalists prudently warn. It’s a primary concern. But there’s another side of retirement that’s not in the brochures. The non-financial side. It also carries serious […]
October 10, 2017

Thinking of Moving In Retirement? Be Sure To Do Your Research

By Susan Williams Are you thinking about moving in retirement? Whether it’s to downsize, reduce your costs, cash in on your home equity or move closer to family – making a move can be both a challenging and exciting time. However, before you make the leap be sure to do your research. The following video from CNBC provides some good tips for you to consider before you pack up your home and lives and head for another location. Here are some of the highlights; Research, research, research Moving homes can be a stressful and exhausting activity and the last thing you want to […]
September 28, 2017

A Thank You to Sir Paul – “When I’m 75”!

by Denis Wuestman Going back 50 years when the Beatles released the song When I’m 64 I recall thinking that my parents at the time weren’t even that age. Hard to identify with something so far away.. Yet this little ditty was enjoyable back then as it is now – only the number 64 is rapidly approaching on me. But hey – I think the person that wrote and sang it, Sir Paul McCartney, has shown us what is possible as we age. One story I read said that he wrote it when he was 16 years of age and […]
September 14, 2017

How a Concert Helped Me Hold on to Summer – and Learn About Second Acts

By Joe Casey “Turn it up. It’s the Beach Boys…”   “I’ve heard that before But I want to hear it again (I wanna hear it over and over)”  – from Weezer’s new single   The signs are everywhere. Kids toting backpacks. Football. Pumpkin Spice Lattes. Fall is here. But technically we’re still in summer for a few more days. While I love fall, summer goes too fast and I look for any way to keep it alive as long as possible. One surefire way is The Beach Boys. Each year in late summer, they hold a concert in Ocean Grove, […]
September 10, 2017

Grandparenting – How Different Is It From Being a Parent?

by Denis Wuestman Today, September 10th, is GRANDPARENTS DAY! As a relatively new Grandparent, when I talk to others about this experience – they all say the same thing: best thing in the world.   Now I know what they mean – yep agreed! I decided to look at some statistics about grandparents in the United States as I think about the kind of grandparent I want to be. So, thanks to [i]here are some things that jumped out at me: There are 70 Million grandparents in the nation today and they lead 37% of all households in this country. […]
September 7, 2017

The Demographics of Aging – What Does This Really Mean?

By Susan Williams We have all heard the cries – the aging demographic, the silver tsunami, the graying of America. But what does this really mean? We know that changes will have to be made in society to support this new reality but exactly what needs to change? The following video entitled The Big Idea in 4 Minutes – Coming of Age In Aging America does an excellent job of capturing what some of the challenges are and what is required in order to move forward in this new world of an aging population; Here are some of the highlights from the […]
August 29, 2017

Which One Are You Feeding Most in Retirement?

By Joe Casey You may have heard the parable about the Two Wolves.  A grandfather is teaching his grandson about life. “A fight is going on inside me,” he said to the boy. “It is a terrible fight and it is between two wolves. One is evil – he is anger, envy, sorrow, regret, greed, arrogance, self-pity, guilt, resentment, inferiority, lies, false pride, superiority, and ego.” He continued, “The other is good – he is joy, peace, love, hope, serenity, humility, kindness, benevolence, empathy, generosity, truth, compassion, and faith. “ “The same fight is going on inside you – and […]
August 28, 2017

Retiring Earlier than Planned? Don’t Back Burner Your Well-Being! 4 Simple Steps to Stay on Track

by Denis Wuestman You just retired from your job and it was sooner than you had planned.   Things happen in organizations and sometimes, ready or not, you are thrust into this next phase of your life. As you think about what’s next you are perhaps looking forward to some time off to help you re-charge. Among the things that should be on your mind is your personal well-being. During this time your stress level may have increased and bad habits start to creep in that could affect your health.   Routines have shifted. Instead of following an exercise program, you may […]
August 15, 2017

READY, SET, GO – Tips to Help You Launch Your “Second Act”

by Denis Wuestman Are you in in the retirement homestretch from your primary career with that magic day less than a year away?  Preparing for this transition takes a lot of planning both on the financial and non-financial side.   I remember when I was a kid and we had running races in the neighborhood.   Recalling three key words from that time resonates today as we face this next part of our life journey.   Remember: READY, SET, GO?   Funny how those words had a way of creating focus. Let’s apply this to how you might approach what to do with your […]
August 11, 2017

What Will Your Life in Retirement Be About? Your Outlook Matters.

By Joe Casey Our head of HR once told an old story that’s always stuck with me. The story was about a traveler in ancient Rome who was walking up a steep hill where he encountered a group of workers scurrying about. I’m Busy, Man It was a very busy scene and he decided to inquire about what exactly they were doing. The first worker he asked seemed visibly annoyed about being interrupted and barked “I am cutting stones.” It wasn’t clearly audible, but the traveler thought he heard the worker grumble “Idiot.” The worker clearly wanted to return to his tasks […]
August 6, 2017

Words Matter. Can Just One Change Your Mindset?

By Joe Casey Let’s call him Max — he’s one of my executive coaching clients. His company considers him a high potential leader and they’ve promoted him to a stretch assignment, way outside of his comfort zone, to broaden out his experience. They’ve hired me to help him accelerate his learning process. Right Or Left? Max is a financial whiz. He’s analytically gifted. His numbers always tick and tie. He’s the final word on the financial aspects of his company’s business. His company wants him to learn more about the customer side of the business so they’ve rotated him to run Marketing. […]
August 3, 2017

Aging Superstars – Do They Promote Inspiration or Inadequacy?

By Susan Williams They are out there. Some amazing older people doing some amazing things. These aging superstars are definitely not sitting around in their rocking chairs reminiscing about the good ol’ days. They are out there actively living them now. Here are just a few examples; There’s a 94 year old woman who just set a new half marathon record by being the oldest woman to complete the distance A man was discovered at the age of 79 on a fashion runway in China and began a whole new career as a fashion model Or how about the two 98 year olds who are the […]
July 31, 2017

Ramping UP your Relationship in Retirement

by Denis Wuestman What an exciting time for couples. After all those years of working and perhaps caring for a family, it’s now time to enjoy your second acts together. I find that there are some key things to be aware of as you approach this stage of your lives. Role Shift First- be aware that this will likely be a big role shift for you – especially if you are both leaving careers. Understanding and dealing with a changing identity can be an issue for any retiree but can have a deeper impact on couples regardless if one or […]
July 20, 2017

Forced into Retirement? Strengthen those Social Ties!

by Denis Wuestman There are many things that can go through your mind if circumstances beyond your control force you into an early retirement.    Your first reaction may be to “start looking for another job”. Understandable. However, depending on demand for your skills, you may discover that the job that you were used to doing may not be there for you again. Maybe work, during this next stage, takes a different form. To help with this transition, one of the most important things you can do is to maintain and strengthen your personal network. The Benefits of a Network The […]
July 19, 2017

Want to Discover a New Purpose? Take a Look at Your Current and Future Roles

By Joe Casey On my mini-vacation last week, I read two books – one fiction and one non-fiction. To my surprise, I encountered the same quotation in both books:   “The three components of happiness are something to do, someone to love and something to look forward to.”   The universe was trying to tell me something. (It gets rather insistent if it notices I’m not listening). The quote is an excellent summary of the recipe for a satisfying retirement. If you have your health and financial independence, these three are the next critical ingredients. Something to Do Isn’t Enough […]
July 9, 2017

Five Better Ways to Keep Things Interesting in Retirement

By Joe Casey Someone sent this to me yesterday (perhaps because I’ve been a Patriots fan since 1970 when they played their home games at Fenway Park). Apparently, it’s a story that everyone on the planet has seen – except me. What Do Retired People Do All Day? “Working people often ask retired people what they do to make their days interesting.  Well, yesterday, my wife and I went into the city and went into a shop. We were only in there five minutes – tops.  As soon as we came out, we saw a cop writing up a parking […]
July 8, 2017

Planning to Retire Early? Consider these Four Work “Benefits” You May Miss!

by Denis Wuestman Perhaps, you are starting to think about retiring “early” from your career. You likely have reached an inflection point where satisfaction with your current work is diminishing, or you simply want to do other things, or it just feels like it’s time. Like any major transition, an early retirement decision is something that requires thought, time commitment and planning. Beyond the Numbers When considering an early retirement, focus is usually on “running the numbers”. Everyone that I know who has elected an early exit has certainly done the math. They seek to understand their financial readiness considering […]
June 29, 2017

Five Ways Vacation Can Jump Start Your Retirement Planning

By Joe Casey I must confess. I suck at vacation. Make no mistake. I love vacations. I look forward to them.  I enjoy them. Unlike many Americans I actually consistently take them. The problem is that I can’t resist trying to do something productive with all that unscheduled time. Last week, my wife surprised us with the news that one of her friends offered to lend us their beach house for the Fourth of July weekend. An unplanned four-day mini vacation. Awesome! But my thoughts immediately went to What can I get done while we’re there? Dumb. Then I made […]
June 28, 2017

Time for a Retirement “Leisure Audit”?

by Denis Wuestman Retirement is like life itself- it’s full of surprises. You may find yourself thinking, “I wish I knew then what I know now”.   If we had a dime for all the “could haves/ would haves/ should haves” in our life…well, you know the story. Did you enter retirement life with a plan or are you just winging it when it comes to how you will spend your leisure time? Are you risking having multiple “could haves/would haves/should haves” during this part of your life? Taking an “audit” of your leisure life up to this point may be […]
June 21, 2017

Living a Regret Free Life

By Susan Williams Over the last year or so I have talked with many people who shared with me that how they currently were living was not what they really wanted to do. Whether it was pursuing a different profession that would allow them to be more creative or wanting to help other people more or even a desire to feel that they were making a bigger difference in the world – they all had one thing in common. They were talking about doing something different but were not actually taking steps towards doing anything about it. It made me wonder […]
June 17, 2017

“Glowing” Lessons from Baseball and Dads

by Denis Wuestman Over 50 Years Ago Flashback – July   1964.   I was just starting to really like baseball as a young kid growing up in Brooklyn, NY. It was July 7, 1964 – the day the All-Star Game was being played at Shea Stadium (home of the NY Mets back then).   I remember parts of that day vividly some 50+ years later. Here’s why… That morning my father woke my brother and I and asked if we wanted to go see the game in person. Well, you can imagine the excitement! Since we had no tickets we had to […]
June 15, 2017

So, What Do You Do?

By Joe Casey We’ve all heard this question. It’s a simple one. This is not of one of life’s most challenging problems. But it can be an instructive part of your transition to retirement. It’s really about giving yourself time to adjust to – and to own – a new identity. Are We What We Do? We tend to answer that question effortlessly. ‘I’m an accountant.’ ‘I’m a carpenter.’  ‘I’m a teacher.’ Or ‘I work at Global Mega Corp.’ We describe ourselves by what we do for a living or where we do it. In our society, a lot of […]
June 12, 2017

Finding your Retirement “Rhythm”

by Denis Wuestman What comes to mind when you hear the word rhythm as it applies to aspects of your life or job?   Baseball pitchers would likely express a feeling of command and control of their pitches. Basketball players may look at this as their shooting consistency and accuracy. When they are getting good results, they are in a “groove”, focused and directing their energy in a positive way. Most likely, they are enjoying the moment. Liken this to your personal work or life experiences.   Can you remember a time when you were in a good rhythm or recognized it […]
June 8, 2017

Are Distortions Standing Between You and an Awesome Retirement?

By Joe Casey Across the street from my office is an excellent ice cream shop (that I avoid like the plague). It has an old-fashioned funhouse mirror that distorts your image as soon as you walk in. Beliefs about retirement can have that same effect. By retirement, we’re not talking about the gold watch at age 65 followed by days filed with golf, CNBC and walks on the beach. We’re talking about today’s “retirement” – the time when you’ve achieved enough financial independence to leave ‘the grind’ behind and transition from your primary career to your next chapters. While it’s […]
June 5, 2017

Why the Silver Tsunami is More Like A Constantly Overflowing Bucket

By Susan Williams You’ve more than likely heard the term “silver tsunami“. This metaphor is frequently used to refer to the very large number of aging baby boomers and the anticipated impacts that this will have on society. It creates quite an interesting image. You can just imagine this massive aging wave starting to build and then being unleashed on the world. But I read a really interesting post the other day by Professor Vernon on the University of Manchester website which made me consider this idea. His post was about how people were aging and the impacts it will have on society. There […]
June 2, 2017

Had (almost) Enough? How A Bridge Job Can Be Your ‘Do It Yourself’ Phased Retirement

By Joe Casey If you’re of a certain age, your thoughts may be turning to retirement. Not tomorrow, mind you, but you can envision a time when you’d like to be doing something else. Lately, you find yourself musing ‘I’m too young to fully retire, but I’ve had just about enough of the grind.’  You’re not ready to ‘hang ‘em up’ yet, but maybe it’s time to scale back on work and enjoy life more. Maybe it’s time to slow down a little, without completely stepping off the carousel – yet.   Having Too Much Fun? You like the work […]
May 26, 2017

Is Retirement Another Chance to Change Your Major?

By Joe Casey With graduation season in full swing, you may be wondering What do college and retirement have in common? Okay, probably not.  But there are some interesting parallels that may change how you view retirement. Big Transitions College and retirement are among the most significant transitions many people will navigate over their life course. Both involve navigating uncertainty, exploring options and making decisions that chart a course forward. Undecided is the Default Setting Estimates are that up to 50 percent of students entering college are undecided about their major course of study. For many, the first year or […]
May 25, 2017

You’re Not Retired – You’re on Vacation!

by Denis Wuestman Last week I had lunch with a good friend of mine who is between jobs. We talked about his job search and time off and he expressed how much he was enjoying this period of time. He got my attention, when he said that he “could easily get used to being retired”. I couldn’t help but laugh as I said to him: “that’s because you are not retired – you are on a long vacation – don’t confuse the two”. We bantered back and forth on this for a while as he insisted that he could easily […]
May 18, 2017

Why Knowing Your Ikigai Is So Important in Retirement

By Susan Williams Do you know what your ikigai is? Ikigai is a Japanese term used to refer to reason for being or another interpretation is “the reason to get out of bed in the morning”. Back in 2009, a team of researchers from Japan released the results of a study on the affect that ikigai had on aging. In their research of over 73,000 people, what they discovered is that those that answered “yes” to whether they had ikigai or not had a lower mortality rate years later than those without it. It makes sense. If you feel your life has no […]
May 16, 2017

Couples Considering a Move in Retirement? A Shared Vision Can Help!

by Denis Wuestman Probably one of the most difficult decisions individuals and couples face when they retire is if and when they will move from their primary residence.   Many factors impact this including financial, family needs and health to name a few. For couples, a unified vision of life in retirement can aid this big decision. 3 Key Questions Aside from financial preparedness for retirement, this is an area that many of my colleagues struggle with soon after they retire. Here are a series of questions I like to ask when this topic comes up: Why do you want to […]
May 13, 2017

Are You Ready to Play in the “Gig Economy” in Your Retirement?

By Joe Casey Retirement is clearly changing. For decades in the U.S., it was commonly seen as a period of leisure following a long career. But today, work is playing a larger role in retirement. And it is for a variety of reasons, some driven by economics and some by the pursuit of satisfaction – or a mix of both. There’s a strong desire for options that provide more flexibility, reduced hours and a gradual transition to an exit from work at some point – a way to scale back from the grind, but stay engaged, too. However, policies which […]
May 6, 2017

How Clear is Your Retirement Vision?

by Denis Wuestman If you want to go somewhere it helps to have a plan to get there. Seems to make a lot of sense, as I am sure we have all planned or have been involved in the planning of a trip, celebration, or a work related project. They all have something in common – a destination, maybe not in the physical sense but in the context of achievement. When we approach a retirement transition, planning for our next “destination” can take on a new meaning. Retirement is not something we “complete” but rather a series of destinations or […]
May 5, 2017

Will You Retire like the Jetsons?

By Joe Casey If you are of a certain age, like I am, you grew up watching the Jetsons. It was fun to wonder what would become part of real life in the future. Since we’re now in the future, let’s see how things are stacking up – and what you should factor into your planning for retirement. While it’s a good bet that you’re not retiring with the Spacely Sprockets pension plan, many Jetsonian visions have already come to fruition. You may have a smartwatch. You probably talk with family and friends on FaceTime. Is that a Roomba I […]
April 28, 2017

What’s Going On? Three Things You Can Do to Help Your Relationship in Retirement

by Joe Casey In their article “The Gray Divorce Revolution”, the researchers note that the rate of divorce among older Americans 65 and over, has more than doubled in recent years – in contrast to the divorce rates in younger groups which decreased or remained flat. Multiple factors are contributing to this trend. Life spans have increased and perhaps more time provides more opportunities for conflicts – or more time for partners to feel like they have grown apart. Cultural norms have evolved and divorce is much less stigmatized and more readily accepted today. As shared tasks change over the […]
April 26, 2017

Mindset – the Path to Growth in Retirement

by Denis Wuestman In helping organizations create better and more efficient work models, one thing that I help them focus on is the mindset shift that has to take place for changes to stick. While this sounds a little “soft” what I am referring to is the fundamental belief that there is always a better way to do your work AND, as a direct result, for people to grow and expand their knowledge and skills. If they think and “act” that way, then will succeed. In the book “Mindset” by Carol S. Dweck, PhD [i] she identifies the benefits of […]
April 20, 2017

Turn the Page!

by Denis Wuestman Lessons from the Boomlet Generation! Did you ever watch a young child play with a book? I have had the pleasure of watching a one year old display tremendous curiosity as he looks through his favorite books over and over again. Watching a young child learn teaches us many lessons. Very young children often have their favorite toys and books that they seem to be able to play with over and over again and experience the same joy as if they saw it for the first time. While I don’t pretend to understand the developmental aspects of […]
April 13, 2017

Keep on Peaking!

by Denis Wuestman What does reaching your “peak” in life mean? A recent article in Business Insider (March 16, 2017) [i]shared some interesting information relating to this topic that got me thinking. In short, the article said that human beings continue to peak well into their middle and older ages. Whew – that’s good! There are many examples of this in our world today from the guy in my local super market who at the age of 75 is working to push carts around the parking lot to some notable celebrities such as the Rolling Stones and Tony Bennett.  They […]
April 12, 2017

The Headwinds Older Workers Face: 5 Strategies That Can Help

by Joe Casey Two realities are on a collision course. A survey by Bankrate found that 70 % of non-retired respondents plan to work into retirement – and to work as long as they can. Financial necessity is a big reason, but 26% of responded that it’s because they really like to work. Another 19% answered that it was a combination of needing to work and wanting to work.[1] Trying to Look Younger – and It’s Not Working That’s one side of the street. Then there’s the other side. Its’s tough out there, people. An article in Bloomberg Businessweek, chronicled […]
April 6, 2017

Retirement – A Balancing Act!

by Denis Wuestman Balance is an important concept in many aspects of our lives. Let’s look at a few where we hear the word and where practicing the “balance principle” is likely good for us. Riding a bike – this one was my earliest recollection of balance. Anyone who has done this knows that you need to master balance in order to enjoy riding. Diet – eat a “balanced diet” was something that I heard early on in my life. Supporting this were phrases like – “everything in moderation”.   In visiting a nutritionist years ago this balance principal was at […]
April 1, 2017

Yes, Jimmy You Can Retire – If You Really Want To…

by Joe Casey Jimmy from the block. You know him. Or someone like him.  Always a step or two ahead. Smartest person in the room.  (At least according to him. I’ve personally never had that experience. Sometimes I wonder if Jimmy should spend time in some different rooms). Jimmy is well read. He stays on top of things (he’ll tell you). He is convinced that he’ll never retire. The concept of retirement is ‘so 20th century’, he says. It’s pure folly for anyone to even think about ever retiring today. Retirement is over – for all of us. We will […]
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 Plan B?

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 […]