Thoughts on losing a loved one

Thoughts on losing a loved one

Hi everyone. Sorry it’s been a bit since I’ve written. Two weeks ago today we had my extended family over for lunch at our house to celebrate my mom and brother’s birthdays. My 89 year-old grandpa was there, as he was most times when we had family get-togethers. You may remember him from this post when I wrote about the time we flew out to Chicago to see a Cubs game on the morning of September 11, 2001.

Anyway, everyone was over at our house for lunch and we spent several hours talking and laughing over a great meal. My grandpa was the most talkative of the bunch, sharing stories about high school, serving in World War II and traveling the U.S. on epic road trips with his wife and kids. He was sharp and funny and charming, just like he has always been. When he left I hugged him, kissed him on the forehead and walked him out to his car. That night he died peacefully in his sleep. You just never know when the last time you see a person is going to be the last time (in this life anyway) that you will ever see that person.

I’ve written about Time before and how it has a way of quietly opening doors of opportunity early in life. Then, just as quietly, it starts to close them. Each year Time closes 52 doors marked “Weekends,” one marked “Christmas” and one marked “Birthdays.”  You make decisions that put you into a certain career or location and the doors that you didn’t choose get closed.  Your physical abilities change and doors that were wide open in your 20s are now marked “Do Not Enter.”  Your kids grow up and doors like “Bike Riding 101” and “Family Road Trip” quietly click shut.  And yes, you lose a friend or a family member and the doors to those relationships close for good.

We can choose to be sad about those doors closing or we can constantly remind ourselves to make the most out of the time, opportunities and relationships that we still have so we won’t have any regrets when they’re gone. I certainly choose the latter and I know many of you feel the same way. Thanks for following along and for being a part of a great community of readers who want to live intentionally. Have a great weekend and I’ll get back to my normal writing schedule next week.

~ Joe

Bucket List Books: How and why to add reading to your bucket list

Bucket List Books: How and why to add reading to your bucket list

Note: This is part of a weekend bucket list series I’m doing throughout 2015 that is focused on fun things to do during retirement (i.e. bucket list items). I hope you enjoy them and use them as inspiration for your own adventures.  I’m also doing a giveaway in conjunction with the series that you can read more about below.

One of the goals on my bucket list is to read 500 books between ages 40 and 50. Is reading on your bucket list? If not, it should be. Why is regular reading so important? How will you benefit from reading more? How can you make it through dozens of books in the typical year? What have I read so far on my way to 500 books in 10 years? Read on to find out. 🙂

Why You Should Read More

It keeps your mind sharp. Recent studies show that engaging your brain keeps it sharp, improves your vocabulary, improves your memory, helps improve your reasoning ability and might even help delay the symptoms or onset of dementia.

It inspires you to do interesting things. We all want to live full and interesting lives. Reading gives you ideas of things to do and then inspires you to do them. It’s difficult to read A Walk in the Woods by Bill Bryson, without being inspired to get up off the couch and plan your own hike. If you read My Life in France by Julia Child, you’ll probably want to sign up for cooking classes or maybe even plan a trip to Paris. Reading is a great way to get ideas and inspiration for your bucket list.

It gives you ideas for self-improvement. Getting Things Done helped me to bring some sanity to my To-Do list. The Power of Habit helped me to understand how I can get rid of bad habits and create good ones. On Writing helped me to improve my writing. Books can help make a better you. As Socrates once said: “Employ your time in improving yourself by other men’s writings, so that you shall gain easily what others have labored hard for.”

It’s fun and a low cost form of entertainment. I spend most Saturday mornings on the couch with a cup of coffee and whatever book I happen to be reading. Not only is it enjoyable and relaxing, but it’s cheap entertainment (I get most of what I read from either the library or Amazon).

So in summary, reading gives you a better vocabulary. It makes you smarter and more interesting. It helps keep your mind sharp and improves your memory. It makes you a better conversationalist. It inspires you to do fun and interesting things. It’s great entertainment.  That’s not a bad list of benefits.

How to Read More

Life is busy, so if you want to read more, you need to make it a priority. That said, here are a few tricks that helped me read more than 50 books last year.

Listen to audio books. I drive about 25 minutes to work every day (and 25 minutes home) and spend additional time driving to and from appointments. On average, I probably spend about 90 minutes in the car each day. Rather than listening to the radio, I listen to books. My local library has an App that allows me to download audio books for free, so I always have something to listen to. A little less than half of my reading list last year was audio books.

Speed-reading. I used to be a painfully slow reader, so a while back I did a learning challenge on speed-reading. Read through the article for ways to test and improve your reading speed.

Always take your book with you. I got this tip from Stephen King in his book On Writing. Everywhere I go I either have a book or my iPod with me. You’d be amazed at how much time you spend in waiting rooms, in line or otherwise standing around doing nothing. Take your book along and make use of the time.

Read stuff that you enjoy. If you want to read War and Peace, more power to you, but don’t feel pressure to read things just because they’re classics. Read what you enjoy. If you look through my list below you’ll see Steinbeck and Dickens, but you’ll also see about a half-dozen Jack Reacher novels, which are the literary equivalent of junk food. Who cares? I like them. I took a detective fiction class in college and since then I’ve always appreciated the genre. Read what you enjoy and you’ll read more.

Bucket List Books: What I’ve Read the Last Two Years

Below is a list of what I read during the first 2 years of my 10-year goal. I put Amazon links to each book in case you’d like to learn more about a particular book and possibly add it to your own reading list.

2013 (Age 40)

  1. Wool, Hugh Howey
  2. Do The Work, Steven Pressfield
  3. The Art of Non-Conformity, Chris Guillebeau
  4. Boomerang, Michael Lewis
  5. Unbroken: A World War II Story of Survival, Resilience and Redemption, Laura Hillenbrand
  6. Getting Things Done: The Art of Stress Free Productivity, David Allen
  7. Blue Latitudes: Boldly Going Where Captain Cook Has Gone Before, Tony Horwitz
  8. The Book Thief, Markus Zusak
  9. The Big Short, Michael Lewis
  10. The Glass Castle: A Memoir, Jeannette Walls
  11. My Life in France, Julia Child
  12. A Confederacy of Dunces, John Kennedy Toole
  13. The Four Hour Workweek, Timothy Ferriss
  14. The Boy in the Striped Pajamas, John Boyne
  15. On Writing: A Memoir of the Craft, Stephen King
  16. Let’s Explore Diabetes With Owls, David Sedaris
  17. The Father of Us All: War and History, Ancient and Modern, Victor David Hansen
  18. World War Z, Max Brooks
  19. Alive: The Story of the Andes Survivors, Piers Paul Read
  20. Food Rules: An Eater’s Manual, Michael Pollan
  21. Grand Ambition, G. Bruce Knecht
  22. Child of God, Cormack McCarthy
  23. Everyman, Phillip Roth
  24. Kitchen Confidential: Adventures in the Culinary Underbelly, Anthony Bordain
  25. Tuesdays With Morrie: An Old Man, A Young Man and Life’s Greatest Lesson, Mitch Albom
  26. No Easy Day: The Firsthand Account of the Missions That Killed Osama Bin Laden, Mark Owen

2014 (Age 41)

  1. Jack London: An American Life, Earle Labor
  2. The Graveyard Book, Niel Gaiman
  3. Vagabonding: An Uncommon Guide to the Art of Long-Term World Travel, Rolf Potts
  4. The Call of the Wild, Jack London
  5. Walden, Henry David Thoreau
  6. Mayflower: A Story of Courage, Community and War, Nathaniel Philbrick
  7. The Sea Wolf, Jack London
  8. Robinson Crusoe, Daniel Defoe
  9. Open: An Autobiography, Andre Agassi
  10. The Curious Case of Benjamin Button, F. Scott Fitzgerald
  11. 20,000 Leagues Under the Sea, Jules Verne
  12. My First Summer in the Sierra, John Muir
  13. Treasure Island, Robert Louis Stevenson
  14. East of Eden, John Steinbeck
  15. The Time Machine, H.G. Wells
  16. Start Something that Matters, Blake Mycoskie
  17. David Copperfield, Charles Dickens
  18. Einstein: His Life and Universe, Walter Isaacson
  19. Roughing It, Mark Twain
  20. The Secret Life of Walter Mitty, James Thurber
  21. The Martian, Andy Weir
  22. Steve Jobs, Walter Isaacson
  23. The Ocean at the End of the Lane, Neil Gaiman
  24. Escape From Davao: The Forgotten Story of the Most Daring Prison Break of the Pacific War, John Lukacs
  25. White Fang, Jack London
  26. Moby Dick, Herman Melville
  27. Benjamin Franklin: An American Life, Walter Isaacson
  28. John Barleycorn, Jack London
  29. A Game of Thrones, George R. R. Martin
  30. Travels With Charley: In Search of America, John Steinbeck
  31. The Search for God and Guinness: A Biography of the Beer that Changed the World, Stephen Mansfield
  32. The House of the Scorpion, Nancy Farmer
  33. A Walk in the Woods: Rediscovering American on the Appalachian Trail, Bill Bryson
  34. Moneyball, Michael Lewis
  35. A Clash of Kings, George R. R. Martin
  36. Wooden On Leadership, John Wooden
  37. The Happiness of Pursuit: Finding the Quest That Will Bring Purpose to Your Life, Chris Guillebeau
  38. The Truth About the Harry Quebert Affair, Joel Dicker
  39. The Immortal Life of Henrietta Lax, Rebecca Skloot
  40. The Icarus Deception, Seth Godin
  41. 61 Hours, Lee Child
  42. 12 Years A Slave, Solomon Northup
  43. Worth Dying For, Lee Child
  44. A Wanted Man, Lee Child
  45. Man’s Search for Meaning, Viktor Frankl
  46. Never Go Back, Lee Child
  47. The Great Gatsby, F. Scott Fitzgerald
  48. River of Doubt: Theodore Roosevelt’s Darkest Journey, Candice Millard
  49. We Die Alone: A WWII Epic of Escape and Endurance, David Howarth
  50. A Brief History of Time, Stephen Hawking
  51. The Shawshank Redemption, Stephen King
  52. Lawerence in Arabia: War, Deceit, Imperial Folly and the Making of the Modern Middle Ease, Scott Anderson
  53. Sailing Alone Around the World, Joshua Slocum
  54. One Man’s Wilderness: An Alaska Odyssey, Sam Keith and Richard Proenneke

Giveaway: One of my favorite books last year was Sailing Alone Around the World by Joshua Slocum. In the 1890s, he became the first person to sail alone around the world and then he wrote a book about it. He’s actually a really good writer, so in addition to being a great adventure tale, it’s a story well told. This week’s giveaway winner is a subscriber from our email updates list (congrats Karl!) so I’m sending him a copy of the book. Tune into future posts for more giveaways.

Note:  Since I have my own books for sale on Amazon, I am a part of their Amazon Affiliate program.  The links above are affiliate links, which simply means that if you buy a book after clicking one of the links, Amazon (at no additional cost to you) will pay me a small commission that I use to help cover the costs of this site.  That’s not why I recommend the books, of course, but I wanted to be sure to make you aware of it.

Lunch at the Eiffel Tower

Lunch at the Eiffel Tower

Note: This is part a Saturday Bucket List series I’m doing throughout 2015 that is focused on fun things to do during retirement (i.e. bucket list items). I hope you enjoy them and use them as inspiration for your own adventures.  I’m also doing a giveaway in conjunction with the series that you can read more about below.

Part 1: The Trip

The moment I stepped off the private elevator, I knew I was in serious trouble. I knew it in the way that a dog knows he’s in trouble after pulling the Thanksgiving turkey off the counter or the little-leaguer knows he’s in trouble when he line drives a baseball through the picture window. It’s that slow motion, “Oh No!” kind of trouble. But I’m getting ahead of myself. Let me start from the beginning.

My wife and I love to travel. We’re not trust fund babies or high earning executives, however, so we scrimp in some areas (housing and cars) so we can afford to spend extravagantly in others (travel and experiences).

For Christmas in 2007 I surprised her with a trip to Paris for the following April. As is usually the case, we tried to keep things on a budget, so when it came to food the plan was to opt for the prix fixe meal at cafés or a baguette and bottle of wine rather than pricey restaurants.

You have to splurge a little in a foodie capital like Paris though, so several months before we left I flipped through my guidebook looking for a good culinary candidate for a romantic lunch or dinner. That’s how I came across Le Jules Verne restaurant. It’s a Michelin starred restaurant run by world famous chef Alain Ducasse. It’s located on the second level of the Eiffel Tower and has amazing food with views to match. I assumed that dinner was out of my price range, but my guide book indicated that lunch for two was in the “$50 and up” category. I chose to focus on the $50. This story, as you’ve probably already guessed, is about the “and up.”

The book said reservations are difficult to get, but my credit card company has a concierge service that prides itself in being able to line up difficult travel details, so I called them to see what they could do. A few weeks later, they called me back and said that we had a reservation for two for lunch. Woo-hoo!

Part 2: Credit Card Crisis

Fast forwarding a bit, the day of the big lunch arrived. The trip had gone great so far and we were having a wonderful time. Since we both expected to gorge at lunch, we decided to have a light breakfast. We skipped our normal pâtisserie pig-out and instead walked to a local grocery store called Hediard and bought some raspberries and a few other snack items.

From there we walked to the metro station so we could buy tickets for our planned trip the following day to Père Lachaise Cemetery (where Jim Morrison, Chopin, Oscar Wilde and many others are buried). I walked up to the counter and in my very broken French said “Un carnet, s’il vous plait” which simply means “A 10 pack of tickets please.” I took out my wallet to pay and was surprised to see that my credit card was gone. The person at the ticket counter stared at me while I stared into my wallet.

“I think I lost our credit card at Hediard,” I told my wife. We bee-lined back to the grocery store, but the card was, of course, already gone. We spent the next hour at the hotel calling the card company to cancel it and see if there was any way they could get us another one within a few days.

Part 3: Lunch at the Eiffel Tower

After dealing with the credit card fiasco, we showered, put on our Sunday best and took a cab to the Eiffel Tower. The tower has four legs that the French call “Piliers” and each is helpfully labeled with Nord, Est, Ouest or Sud. Le Jules Verne has its own private elevator located at the base of Pilier Sud, which allows you to bypass the enormous lines at the other Piliers.

We walked up to the door, gave them our names and were ushered into a small dark room with a dim, Thomas Edison style lightbulb hanging from the ceiling. An attendant walked us into the elevator, pushed a button and we started to rise. Which brings me back to where this story started, dressed to the nines and ready to step off the elevator into the nicest restaurant I’d ever seen. The doors slid open and we were immediately greeted by name and ushered to our table.

As we walked, my first thought was of the guide book. No longer was I focused on the “$50.” Now (like all of you) I was painfully aware of the vague “and up.” My second thought was that I had no credit card, about 60 euros of cash and a debit card with a $250 daily limit (to protect against theft), roughly $135 of which I had already used up by withdrawing 100 euros earlier in the day for walking around money.

Once seated, we were greeted by our waiters (plural), given menus and asked if we wanted a champagne apéritif. I looked down at my menu and saw that a glass of champagne was 22 euros or about $30 at the existing exchange rate. I started to form the words “Non merci,” but before I could get them out my wife said “Oui, s’il vous plait.”

With those four words, we shot through the “$50” and started into “and up” territory. And just to be clear, it wasn’t really about the cost of lunch. I’m all about spending on experiences. It was more about the fact that I didn’t have a credit card or enough cash to pay for it. Oh well. C’est la vie!

The waiter returned and my wife proceeded to order the most expensive soup/salad/main course on the menu, the prices of which were about what you’d expect from a restaurant that just charged you $60 for two glasses of champagne. Thinking it would be poor manners to tell him that I was only having the champagne, I ordered as well.

“Isn’t this great!” my wife said.

“Yes, definitely,” I said. Then hesitatingly: “It’s pretty expensive, don’t you think? I’m not sure the debit card is going to cover it.”

“Where did you see the prices?” she said. “My menu didn’t have prices.”

We confirmed this later when the dessert menu came out and also when we struck up a conversation with the couples next to us. The men’s menus had prices. The women’s did not. Well played Le Jules Verne. Well played.

But there was no point in worrying. These things usually have a way of working themselves out. I just hoped the solution didn’t involve me doing dishes to cover our tab. The lunch was amazing, the service was exceptional, the view of Paris was really fantastic and, as I mentioned earlier, we ended up meeting the couples on either side of our table and had a really fun conversation. In one of those moments of travel serendipity, the couple on our left was from Alaska (where my wife is from) and the couple on our right was originally from El Salvador (where I had traveled to earlier in the year). We lingered for several hours (in Paris, the table is yours as long as you want it) until it was time to head back to the hotel, so I asked the waiter for the bill.

He brought it to the table, and let me just tell you, when a waiter hands you a bill that is beautifully printed on a 5”x11” piece of heavy card stock, you don’t really need to look at the total to know that lunch was expensive. I looked anyway. “And up” indeed. Doing a quick conversion in my head, I figured that the total was about $400. For lunch. For two people.

I handed him my debit card with a slight smile, which I’m sure he interpreted to mean “What a lovely lunch we had,” but which actually meant, “I’m sorry in advance that this card isn’t going to work.” A few minutes later he came back to the table, handed me the card and my receipt, exchanged a few pleasantries and was off. I’m still not sure how it worked, but it did. No dishwashing required. The rest of the trip went off without a hitch and I can’t recommend Paris highly enough. Just don’t lose your credit card.

Is Paris on your bucket list? Here are some other fun things to do:

  • Ride a Bateaux Mouche on the Seine
  • Get ice cream at Berthillon on Île St. Louis
  • Take a walking tour of Montmartre and buy a painting from a local artist
  • Visit the Shakespeare and Company bookstore
  • Walk through Pére Lachaise Cemetery
  • Visit Notre Dame Cathedral
  • Walk up the steps of the Arc de Triomphe
  • Find a good local bakery (boulangerie) and try some fresh bread
  • Find a good local pastry shop (pâtisserie) and try pretty much everything
  • Visit the Louvre and the Musée d’Orsay

Giveaway: I really like Woody Allen’s movie Midnight in Paris, so I’m giving away a copy this week to someone signed up for our 2015 Bucket List Giveaway (e.g. on our email list, Pinterest page, Facebook page, etc.). This week’s winner is Darla from our Pinterest page. I’ll touch base with her to get her the movie. Meanwhile, if you’d like to participate in future giveaways, you can read more about it over here.

Can you pass a basic retirement quiz?

Can you pass a basic retirement quiz?

Some people have the time, temperament, knowledge and discipline to handle their own finances, while others could use a little help.  Regardless of which category you fall into, you should seriously consider hiring an adviser to help you when it comes to retirement.  Why?  Because the financial issues facing a retiree are very different than the financial issues facing a pre-retiree.

Whether we do it or not, most of us are at least familiar with the concept of saving.  Saving is a pre-retirement issue.  We’re usually less familiar with concepts like cash flow management, determining how much we need to retire, pension payout options, retirement plan distributions, estate planning, maximizing Social Security, researching and obtaining health insurance and the tax consequences of certain distribution strategies.  Those are post-retirement issues.  Those are issues that most of us don’t deal with very often, so getting a little help is probably a wise move.

Retirement Quiz

To help people evaluate their retirement knowledge, The American College of Financial Services recently developed a retirement literacy quiz.  They gave the quiz to 1,019 Americans ages 60 to 75 who had at least $100,000 in assets.  How did they do?  Eighty percent of the people failed.  Ouch!  Fourteen percent got a Gentleman’s D.  Less than one percent got an A.  Those results reaffirm the point I was making earlier.  Most people aren’t familiar with the types of financial issues that they will be dealing with in retirement and could benefit from some help.

I’d encourage you to take the retirement quiz and see how you do (Full Disclosure: I got 100%, but hey, this is what I do for a living!).  Hopefully long time readers will do better than most since I’ve written on many of the topics before, but if you miss your fair share, consider reaching out for some help.  Maybe that means hiring an adviser.  Maybe it just means browsing past articles in our Archives or picking up a resource from our Store like The Ideal Retirement Design Guide.  Bottom line: get some help if you need it.  Don’t let mistakes derail your retirement.

~ Joe

How to find purpose in retirement

How to find purpose in retirement

Greetings from the Vee Bar ranch in Wyoming. The family and I came here for a long weekend to do a little skiing at the Snowy Range and to check Wyoming off our list of states visited. We’re trying to get our daughter to all 50 before she graduates from high school. The Cowboy State is number 21.

I’ll write more about that in a future post, but today I wanted to write about something a little different: how to find purpose in retirement. One of the most popular posts I’ve written at IR is 15 Practical Ways to Live a Purposeful Life. One of the most popular books in recent memory is The Purpose Driven Life. Neurologist, psychiatrist and holocaust survivor Viktor Frankl said that the striving to find meaning in one’s life is the primary, most powerful motivating and driving force in humans.

In other words, we’re hard wired to want purpose and meaning. That need doesn’t somehow vanish when you enter retirement. If anything, I’ve noticed that it gets stronger. When I talk to clients that have been retired for awhile, the desire to find purpose and to leave some sort of legacy that outlasts them is important.

I’m starting this series of Saturday bucket list posts and I want them to be fun and encouraging, but with this first one I thought I’d just point out that your list doesn’t need to consist entirely of bungee jumping and exotic travel.  As Shakespeare once said: “Leisure is a beautiful garment for a day, but a horrible choice for permanent attire.”

Don’t get me wrong. You should absolutely do fun and interesting things. Splurge on yourself. Be a little selfish. Those things are great, but don’t forget to add items to your list like giving, serving and volunteering as well. Maybe that means doing something like my retired friend Dan who spent three months volunteering on Mercy Ships in the Congo. Maybe that’s building houses for Habitat for Humanity like my client Bill. Maybe it means volunteering in your church or running for town council. Whatever it is, be thinking of ways to use your time, treasure and talents during retirement that will have a positive impact on others and will bring meaning and purpose to you. Visit our Pinterest page for more ideas on volunteering during retirement.

Since this series will cover things on my list, I picked an item that matches up with the ideas above. Over the years my wife and I have given to an organization called charity: water that brings clean water to communities in need around the world. The wells have huge health ramifications and also free people to use their time more productively than walking miles every day just to get enough water for drinking, cooking and bathing. In 2015 I’ll take revenue from the store at IR and fund one of those wells in the name of you, my much appreciated readers. I’ll update you later in the year on progress toward the goal. In the meantime, be thinking about what you can add to your own bucket list that would be fun but would also help you fulfill your purpose in life.

Have a great weekend.

Joe