Diana Landau is the Content Wrangler for Pickleball Media. After 15 years in corporate marketing, in 2012 she pivoted to write and wrangle content for Niche Media's weekly blog. She now manages the “I Used to Be Somebody” weekly blog.
Is there some movie that you've never seen for some reason and the whole world except you has seen it? Well this week to calm ourselves with the craziness of 2020 we decided randomly to watch "On Golden Pond". That’s right, I had never seen it.
I am sure that 99% of you have seen this movie but for those 1%-ers (the non-movie-watching people, not the super rich people). It's about this older couple, played by Henry Fonda and Katharine Hepburn, who return to their beloved cabin on a lake and are dealing with aging. For Norman (Henry Fonda) it also means dealing with his tense relationship with his daughter, played by Jane Fonda, in the movie and in real life. BTW: Jane Fonda rocks her bikini in this 1981 movie--probably still does now.
Norman is turning 80 in the movie. What is striking is how an 80 year old is portrayed 40 years ago. He seems ancient. Today being healthy and active at 80 is so common. Many people in their 80s are doing amazing things. This week, for example, I had Richard Turner in our tiki bar studio for a socially distanced interview. Richard is 82 with a thriving photography and writing career. My wife's Great Aunt Vera is 89 and a total live wire who keeps all of us on our toes.
Things have changed so much in the aging process. It's encouraging for us all. The key is to keep on GOING...MOVING...BE POSITIVE...THINK THE BEST OF OTHERS. This terrible COVID time has made me and everyone else slow down. In some crazy way, it has given us time to be more patient and reflective with ourselves and others.
Finding the right financial advisor at this stage of your life that can answer those questions for you is critical. Can you afford that dream trip or helping your grandson through college? How do you maximize what you have now for your long-term plans? We asked Ian Castille, CFP®, to give us some tips on how to choose the right financial advisor. Ian specializes in helping his clients navigate the financial transition to retirement.
Here’s what Ian had to say:
“Here are a few comments/considerations I would provide to someone looking for a financial advisor:
You are the priority: Make sure you find someone who is obligated to put your interests first. (Not the brokerage company they work for, not their potential sale commission, etc.) The financial services industry refers to this obligation as a "Fiduciary Standard of Care"
Understanding your financial situation: As uncomfortable as it may be at first, you want someone who is going to "get in your business". Within the first 30 minutes of an introductory meeting with a financial advisor, they should be asking questions that lead you to reveal more about your personal finances than your best friend or family members know about you. Good advice comes from a deep understanding of personal circumstances and applying expertise within that context.
Personality matters: A good financial advisor will be part of your "inner circle" and you should enjoy working with them and soliciting their input. If you dislike someone or they rub you the wrong way, you are less likely to implement their recommendations.
Specializations and niche focus: If you happen to find an advisor that specializes in serving your particular career/industry or life circumstance, chances are they have a deeper understanding of your situation and challenges.
Certifications, education, and experience: This can be important, but it's last on the list for a reason. Credentials help establish a certain level of competence and commitment but more credentials doesn't always translate to better advice.”
About the author: Ian Castille, CFP®, is a Principal and Senior Financial Advisor at Capital Advantage, Inc. Ian specializes in helping his clients navigate the financial transition to retirement. His work usually includes personalized strategies to reduce taxes, make smarter investment decisions, and optimize income streams. Capital Advantage, Inc. is a Fee-Only Registered Investment Advisory firm, founded in 1982.
When we launched Pickleball Media and started our podcast, I looked at this project in the same way I did in my previous career. In podcasting, like most media businesses, it’s all about how to build an audience. So you do that via email and social media and through providing great content that will attract the right group.
It's not easy starting to build an audience from scratch. Without going into the boring details, we took all the right steps. But like anything there are some parts I like to do and... some I don't. Surprisingly, I like building out an audience contact list, talking to sponsors and creating content. And I really like the interviewing part of the podcast. It's the personal contact and interaction with creative types that gives me energy.
But I really don't enjoy the social media part at all. And then it hit me... I don't need to do that. We'll do the basic stuff but I don't want to sweat the details of hardcore, daily social media. I just want to concentrate on what's fun for me.
I guess my point is that I had to give myself permission to just do what I want to do in (un)retirement versus what I needed or had to do in my previous career. Sometimes I think we all get caught up in what we used to do. Now we need to figure out what we want to do!