What’s New and Exciting Here?


The Path Through the Woods Program

I have not posted any new material under the resources tab for some time! There are legitimate reasons for this; from repurposing the direction my platform is headed, to leaving my long term job, moving from Canada to Thailand, to time spent taking pictures in Southeast Asia and more! There, I am now absolved of all guilt!

Just in case, a few more details below.

Initially this website was set up for my book, The Un-Retirement GuideTM  which still has its own page, as it’s the foundation of The Path Through the Woods Program, and descriptions of both can be found under the Offerings tab.

The Path Through the Woods Program contains 4 pillars to consider for our 3rd Age and these are; Life Plan, Health and Wellness, Age Discrimination and Managing ChangeThe concept of a 3rd Age is central to The Path Through the Woods Program.

The Un-Retirement GuideTM was written for Boomers (born 1946 to 1964), with 3rd Age occurring between 55 and 75, more or less.

A Life Plan can be developed anytime in third age (and you may have a plan already), whether you are working or not.You don’t have to leave the country or do anything spectacular, although these options are open! There is no set path to follow, with the aim to maximize our 3rd Age.

What follows is a brief rundown on my Life Plan and actions taken.

I began creating my Life Plan in 2011 when I started researching and writing, The Un-Retirement GuideTM. It was published in 2015 and I left my full time job in 2018.

A big change for me involved moving from Canada to Thailand April 1, 2018. I had previously visited Thailand 5 times for my annual vacations since 2010 and performed recon on the suitability of living there.

Each of my trips overseas also made me realize what a great country Canada is, if you can afford to live there and endure the winters.

My Life Plan also included building this business on the side, which is closer to my heart than my professional career was. The intent was that it give me continued purpose after leaving my long term job and optimally, generate another stream of income. To allow for my interest in traveling, I would take advantage of leveraging high speed internet, to work from a virtual office, targeting a country with lower costs, but acceptable standard of living. Another piece to fit is avoiding the Canadian winter. Before I could leave Canada there were many things to do, in preparation.

Life Planning requires stepping back and taking stock of where you are at today. From there you can add in strategies and actions to take greater control of the direction you want to go.

Taking action is often the only way you will get true feedback that will move you forward.

Uncertainty and change are bedfellows. 

Downsizing my stuff into a 5 by 14 foot storage unit, giving up my residence and detaching from my network of friends, family, service providers and others was undertaken. This was followed by moving to a new community in a foreign country where I am not fluent in the language, bereft of my possessions! It does help though, having some friends in Thailand and Google Translate!

All of the above was accompanied with an undercurrent of emotions, some pleasant and others of a darker variety. There were also numerous naysayers with questions like; is it safe over there?, do you have enough money?, won’t you miss everybody here?, when will you come back?, what if you get sick?, are you sure you want to give up your job? I appreciated their concerns and heeded their advice where warranted. It’s also a good idea to be careful who you share your dreams with!

I had a feeling in my gut, leaving was the right choice to make, combined with a certain amount of analysis!

There were (and continue to be) many decisions to make regarding; health insurance and staying healthy, visa requirements, managing money internationally, residency and numerous others aspects of the steep learning curve I had undertaken. 

I’m fairly well versed now in these matters and may share more later.

I continue to revise my Life Plan, as life happens when your executing your Plan! 

Stay tuned,

Brian

 

 

Living and Working longer

We can now legally work past 65 years of age and this is in step with the costs of living longer. “A century ago the duration of retirement was expected to be only a few years, and many people never lived long enough to experience it. It is interesting to consider that given the increases in human longevity, retirement can potentially last as long as our working life. “The biggest financial risk we face in retirement today is outliving our savings; a century ago the biggest retirement risk was dying too young.” (Alger, 2013)

 

Boomers may continue to work to contribute and stay connected, but significant numbers will do so out of economic necessity. Bestselling author Kimberly Foss (2013), advises “Saving up enough money to pay for a 30-year retirement is a daunting prospect. Many Americans don’t have enough money to retire in this ultra-low interest rate environment.”

Zoomermedia Limited (2012) informs us “Data from Statistics Canada and the US Bureau of Labor Statistics confirms that a growing number of people are not retiring at age 65. In Canada, the percentage of participation in the labor force by people age 55 and up is at an all-time high. Experts believe the trend will continue, permanently wiping out the idea that 65 is a magic number signifying the end of the income-earning years. In both Canada and the USA, about 30% of people aged 65-69 are still working, either full time or part time. That age break captures only a tiny percentage of Baby Boomers, the oldest of whom just entered retirement age. The rest of the wave – now aged 47 to 64 – are still outside that traditional retirement benchmark. What will they do when they hit the number? The research is clear: they’ll keep right on working.”

What does a unretired Baby Boomer who needs or wants to successfully stay employed up to and beyond 65 years of age need to manage? I will answer this in the next post, when time permits..