What legacy do you want to leave behind? How do you want to be remembered? What impact do you want to have on those around you or the world? Cathy Manning, our current Elder with Wisdom, wants to help you uncover your legacy.
Through her experience with people 55+, Cathy discovered everyone has a story to share. Even though Cathy’s original experience dealt with long-term care insurance and financial issues, she became aware of the importance of other aspects of her clients’ lives. We often automatically think of financial planning when we think of planning for our retirement. However, there are so many more developmental aspects as we enter and pass through our retirement years. Gene Cohen, in his book The Mature Mind: The Positive Power of the Aging Brain, describes developmental stages of adulthood, picking up where earlier developmental psychologists stopped. One of the tasks that becomes important to us as we age is leaving a legacy—passing on something to future generations.Read More»
Today’s Elder with Wisdom is Mary Ann. She took out a reverse mortgage about 10 years ago and loves it. She used to pay almost 40% of her income on her mortgage payment. Being a single retired female, that might not be an unusual situation. Many retired people live on their Social Security income only. Mary Ann has not accessed the money to pay property taxes or home improvements in order to stay in her home like many people might. She just feels liberated because she can pay her bills more easily now, mainly because she does not have that large monthly mortgage payment any longer!Read More»
Julie Roles, today’s Elder with Wisdom, likes to make things happen. That’s how she got connected with the Vital Aging Network (VAN). In her mid 50s Julie started to tweak her consulting business to better fit her passions for innovative and strategic thinking. Trained in business and design and an experienced writer and graphic designer, Julie turned her focus to the design and implementation of programs.Read More»
Ed, today’s Elder with Wisdom, retired with some “encouragement” from his company a few years before reaching 65, the eligibility age for Medicare. He was lucky enough to have retiree health insurance from his employer. So he was able to continue his health coverage with no health screening or gap in coverage. Often people who are laid off or encouraged to retire after age 50, but before age 65, have difficulty finding health coverage.Read More»
“Rusting” in retirement? Ron Strand, the subject of today’s Wisdom of Elders blog post, says following your passion in retirement does not leave time for rust to get a start.
The current trend of people postponing retirement has more than one cause. With the recent economy, many people feel the need to continue working to rebuild their 401(k) due to loss from the stock market or depletion from unemployment after age 50. Then there are those who continue to work because they love what they do—they have a passion for it.Read More»