working to age 92

COMPLETELY UNFINISHED

photo shows a desert highway with

Maybe the idea of “the finish line” is overrated. You know about my long-time goal of working until I’m age 92, so this sentiment shouldn’t be a shocker.

But we’re thinking about other ways this idea applies. A lot of investment wisdom suggests finding strategies that work with your current life stage. What milestones are coming up? What are you working toward right now? What can you prepare for? Even in this approach, though, life shouldn’t be treated like a checklist.

It’s definitely a journey—and you can’t plan for all the stops along the way. Our approach has to reflect that reality.

Psychologist Carol Dweck studies motivation and mindset. Her take? If things feel fixed or set in stone, look out: that attitude may be a signal that you’ve shut down in the face of change.

We’re not saying that flip-flopping or changing for its own sake is the way to be, but we can’t grow unless we’re willing to change.

“Opening yourself up to growth makes you more yourself, not less,” Dweck explains in her book Mindset. Dweck encourages us to continue to “learn and help learn,” and that’s an idea we can get behind.

You can be a whole person every day you live, but that doesn’t mean your living is ever finished. That’s how we feel about our work, too: a strong financial advisor isn’t a teacher or guide necessarily. An advisor can be a partner on that path. We can map an approach that is complete, robust, and comprehensive—but you better believe that the plan should be able to grow right along with you.

Clients, write or call when you’d like to talk about this, or anything else.

Anniversaries

© Can Stock Photo / tiverylucky

We balance our attention between the moments in which we live, and the longer term over which we plan for the future. Anniversaries are a natural place to pause and take stock.

My 63rd birthday approaches. This may not seem like a particularly important number, but for me it is. My father and my eldest brother both passed away at age 62. Getting older has never been a problem for me; it is key to my intention to live a long and productive life. I am trying to do what I can to extend the string of birthdays so I can indeed work to age 92.

The 25th anniversary of my affiliation with LPL Financial comes later this year. It has always seemed like the right choice. With the challenges that we have had to work around in recent years, the flexibility and effectiveness of our partner LPL has become vital. In particular, full support for 21st century communication has helped us make a digital presence a key way to deal with periodic separation in time and distance.

Speaking of partners, I will celebrate our 44th wedding anniversary with the really important one this summer. In a life filled with good fortune, I count alphabetical order as a special blessing. On the first day of freshman year of high school, I found my assigned locker right next to Cathy Livingston’s.

You play a huge role in my long range plans: you are why I want to work to age 92. To say I am having a good time would be an understatement. While enjoying the moments as they pass, I’m also looking ahead to ways to build an organization that can better serve you, on a more sustainable basis.

Back to work! Thank you all, for everything. If you would like to talk about anything, please email us or call.