Living Longer: Good News...If You're Ready

Saturday, April 18, 2015

– by Sheila & Rich Jamison -

A longtime client recently shared a Dr. David Bernstein book on aging with us. That book made us question if we sometimes lose sight of the fact that financial planning is so much more than investment advice and management.

Time Flies

Life seems to go on day after day and – before you know it – we’re in our so-called “Golden Years.” Will we have done what we wanted to do? Bernie Siegel said he couldn’t recall anyone on his deathbed ever saying he wished he’d spent more time in the office.

We all want to be able to live life to its fullest. We’ll get back to what the “fullest” may mean a little later. But for now, can you do that – whatever “fullest” is for you – if you’re retirement funds are running out? Our experience has been that this thought seldom crosses people’s minds – while there is still time to do something about it.

The Dilemma

Financial planning, as all financial endeavors, requires time and effort. All the other things we want to do and achieve in life require time and effort. And so, we encounter a dilemma; limited resources.

We have only so much time and effort. Pursuing any goal competes for these resources against pursuing other goals. We can help you free up some of those resources you might spend on financial planning and managementto spend them instead on other things you really want.

We Can Help

Putting on our financial planning hat for the moment, we can help you in planning for the “What Ifs” in life. While we all know it’s impossible to predict everything that could happen, with our retirement simulator we can help you identify potential scenarios that are most likely to happen in your life. The crux of this is based on what you want and what you are planning to do with your assets.

Here are just some of the questions we can address:

  1. What if I want to retire earlier – or later – than I had planned?
  2. What if there is a market crash in the year before I retire?
  3. Do my plans support the lifestyle I wish to have when I decide to retire?
  4. Will my plans support my family?
  5. How does market volatility affect me and my family?
  6. Do my plans support my charitable desires?
  7. What if my spouse/partner or I develop a long-term sickness or disability?
  8. Can my portfolio withstand another market downturn?
  9. How much of my retirement income is protected?
  10. How can I tweak my plans or resources to get a more desirable outcome?

Now that we’ve given you some ideas of how we can help you evaluate your situation, here is all you need to do to get your retirement simulation started:

Send us an email (click here) or give us a call (877-534-3700)

Now, Back to the “Fullest”

More on what’s in store for us.

We are all aware that we (people) are living longer. What remains to be seen is will it mean living better? Here are some things, other than outliving your money, you might like to think about.


Cancer is top-of-mind for most people. We don’t need to quote the statistical odds of getting different types here. It’s summed up in the thought that if we live long enough, we will get some form of cancer.

On the cheerier side, there is good news on this front. We have long known that if we get cancer, early detection is a key in surviving. Now, there is new hope.

Amazing new discoveries for effective treatments have come from the Human Genome Project that mapped human genes a decade ago. The targets for attacking the roots of cancer became visible. New ideas were opened for research. Now, progress and new victories are being announced with ever greater frequency. It’s hard to pass a newsstand without seeing “Immunotherapy” on a newspaper or magazine cover. The outcome has exceeded our expectations.

Here are reports and stories that everyone should be aware of (clicking the links takes you to the videos):

Killing Cancer

Cancer: the Emperor of All Maladies (Ken Burns)

60 Minutes: Duke University’s Research

Good News/Bad News

I think we would agree that prevention is far better than either early detection or improved therapies. Dr. David Bernstein in his book, I’ve Got Some Good New and Some Bad News: YOU’RE OLD, gives us some good advice.

Dr. Bernstein believes that having goals are important – no matter what age you are. They give you direction, a reason to live and a reward to achieve. It seems you live longer when you have something to live for!

It doesn’t hurt to have good genes. BUT, you have to keep them that way. Remember cancer is a disease that generally arises from mutation of our existing genes. It may be a single gene; it may be multiple genes that work in concert; it may even be a remote gene that activates the mutated one.

Here are some of the suggestions medical professionals think could minimize your risk for developing cancer.

Live a Healthy Lifestyle

Wow! Is that an oversimplification?! What is a healthy lifestyle? Here are the most often cited aspects.

Various studies have shown that diet pays a major role in health. Consider a diet that is heavy on grain, fish & vegetables – light on meat, eggs & dairy products. Forks Over Knives (click title to see it) sums it up as

Eat To Live, Don’t Live To Eat!

Reduce Stress

There is a ton of information readily available on this one. And as stress and stress reduction are often quite different from one person to the next, we’re suggesting you check out the most appropriate method(s) for your situation.

Get Off your Butt

Don’t sit for longer than an hour without getting up and walking around. This is emerging research that suggests just getting out of your chair could turn out to be more beneficial than your exercise regimen!

Keep Going

If you desire, consider working until an older age. Many of you have heard us talk proudly and fondly of Irv Cantor, our retired partner. Irv retired at age 92! Irv’s mind is still very sharp and he’s still active with his birdwatching. We converse often. He remains a mentor and a role model to us.

Think Positive

Maintain a good attitude. Remember the 2 rules on this:

Don’t sweat the small stuff, and

It’s all small stuff!

These principles apply to all aspects of our lives, not just avoiding cancer. They’re part of what helps us age well. Stay healthy, mobile, happy and glad to be alive.

Please feel free to contact us to get your retirement simulator running and/or regarding any of the concepts above. And pass this on to someone you feel will benefit from it. We’d love to hear your comments and we always have time for you!