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Opinion: My declining years – and yours
JULY 5, 2019 | The Globe and Mail | by MARGARET WENTE

According to the experts, certain parts of my brain responsible for cognitive function are literally shrinking. My brain’s blood flow is slowing down, just like the rest of me. The inescapable result is lapses in the synapses. I’ve always thought that the worst threat to my vanity was advancing wrinkles. But now I know it’s cognitive slippage.

Perhaps it’s some consolation that my friends are getting dotty, too. Sure, they’re working gamely to keep their brains in tip-top shape. They do word puzzles, or try to learn a language. They take supplements and eat more leafy greens. Good luck to them. So far, nobody has figured out how to turn back the neurological clock.

The more I learn about brain aging, the more obvious it is that the kids really are smarter than we are. “The data are shockingly clear that for most people, in most fields, professional decline starts earlier than almost anyone thinks,” writes Arthur Brooks (no cognitive slouch himself) in a new essay for The Atlantic. He found that most of us reach our mental peak around 20 years after the start of our careers. We do our best work in our 40s and 50s and it’s all downhill from there.

People in different types of work peak at different ages, just as athletes do. Those who rely heavily on fluid intelligence – the ability to reason, think fast and solve problems in unique and novel situations – peak much younger than average. Mr. Brooks says his line of work is a good example. (He has just retired as the head of a well-known U.S. think tank.) “The most profound insights tend to come from those in their 30s and early 40s.”

Silicon Valley entrepreneurs, chess grand masters and nuclear physicists are even more precocious – which means they burn out early. By the time they hit their 30s they’re already in creative decline. By contrast, lawyers, judges and professors draw more on what’s called crystallized intelligence – a stock of knowledge built up over time.They can coast on that knowledge well into their 60s. For most of us, however, cognitive decline begins in middle age.
aging  Arthur_Brooks  cognitive_skills  decline  elderly  elder_wisdom  journalism  Margaret_Wente  mental_dexterity  precociousness  retirement 
july 2019 by jerryking
Why It’s So Hard to Put ‘Future You’ Ahead of ‘Present You’ - The New York Times
Sept. 10, 2018 | NYT | By Tim Herrera.

Are there instances when Past You has, quite inconsiderably, set up Future You for failure.

Why do we do this to ourselves? What makes us act against our own self-interest, even when we are acutely aware we’re doing so?....At work is present bias, our natural tendency to place our short-term needs and desires ahead of our long-term needs and desires. A lot of the time this comes in the form of procrastination.....we perceive our future selves the same way we perceive total strangers. In other words: When I’m brushing off responsibilities, part of my brain unconsciously believes that they’re now the problem of an actual stranger. ....starts with thinking of your future self as … you......Let’s say you habitually neglect your retirement savings. Instead of looking at future saving as making “financial decisions,” put yourself in the mind-set of thinking about the lifestyle you want when you’re retired. Picture yourself however many years hence, now retired, living the life you set up. Experts say this simple paradigm shift can change your entire approach to those decisions — even though they’re exactly the same.

Yes, this idea of future projection — “What will my life be like after I make this decision?” — is difficult to wrap your head around, especially when Future You is getting a better deal than Present You.
biases  present_bias  procrastination  retirement  self-interest  self-sabotage  short-term_thinking  visioning 
september 2018 by jerryking
Single? No Kids? Don’t Fret: How to Plan Care in Your Later Years - The New York Times
“People who are aging alone need to make plans when they are independent and functional,” she said. “They need to learn about the resources in the community and the appropriate time to start using them.” Those services could include senior-friendly housing and the growing number of home-delivered products and services aimed at the aging-solo market, such as healthy meals and doctors who make house calls,
solo  childless  aging  retirement  howto  preparation  longevity 
april 2018 by jerryking
The Design Revolution in Consumer Tech - WSJ
By Steve Vassallo
Aug. 6, 2017

Walt Mossberg...began his first column for the Journal, in 1991, with the now-famous line, “Personal computers are just too hard to use, and it isn’t your fault.” In his final column, Mr. Mossberg bookends the quarter-century of products, personalities and progress he’s chronicled with this assessment of where we are now: “Personal technology is usually pretty easy to use, and, if it’s not, it’s not your fault.” In a generation, consumer tech went from unreliable and confusing to so intuitive that children are creating immersive three-dimensional worlds on devices with barely any instruction. Mr. Mossberg doesn’t put a name to this remarkable shift, but as someone who witnessed it firsthand, I will: design. By design, I don’t mean a spiffy logo or a pretty website. Design now also refers to a methodology and a mind-set that place the experience of the end user above all. This form of design isn’t concerned chiefly with how good something looks, but, rather, how well it works for ordinary consumers. In the [early] ’90s....“engineers weren’t designing products for normal people.” ......Engineers tend to focus on sheer technical limits: what can be done. But designers are preoccupied with what should be done. In other words, whether they’re building things that solve actual problems or fulfill real wants....Over the past two decades, advances in computing power have met typical users’ speed and reliability needs, and the means to launch products have grown better and more affordable. As a result, design is now the differentiator—and the driving force behind billion-dollar companies....Apple's products (e.g. iPod, iPhone), weren’t technical breakthroughs.....They were design breakthroughs—instances of creative need-finding and human-attuned problem solving. And they raised consumer expectations for technology, ushering in a new era of innovation....Google has invested heavily to reinvent itself as a design-centric business. Incumbents like Samsung , General Electric and IBM have spent hundreds of millions to build in-house design studios with thousands of designers. ...Slack and Airbnb—like Pinterest, Instagram and Kickstarter—are recent successes founded by designers, people who are devoted to the practice of building impeccably considerate technology. Design is the key to building the next great wave of companies. To compete seriously on design, startups must make it central to their strategy from the beginning......we’re entering the age of “ambient computing,” when personal technology will become invisible and omnipresent. Augmented reality, artificial intelligence, robotics, drones, the Internet of Things, and other nascent tech will fade into the background of our lives. Technology will no longer come in the form of gadgets. Instead, as Mr. Mossberg predicts, “it’ll be about actual experiences, with much less emphasis on the way those experiences get made.”....The 21st century will be the century of the designer founder, when core value for businesses is created by entrepreneurs who have a deeper, more intuitive sense for the human condition.
Walter_Mossberg  retirement  design  design_thinking  technology  IDEO  '90s  UX  Apple  ambient_computing  customer_expectations  uncharted_problems  pervasive_computing  the_human_condition  augmented_reality  core_values  unarticulated_desires  farewells 
august 2017 by jerryking
Writing the Script for Your Next Act - The New York Times
By CLAUDIA DREIFUS AUG. 4, 2017
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passions  Second_Acts  retirement 
august 2017 by jerryking
Peter Mansbridge anchors his final edition of CBC’s The National - The Globe and Mail
Jun. 30, 2017

Last September, when Mansbridge announced his retirement, I wrote a column with the headline It’s About Time: We’ve Put Up With Mansbridge And His Pompous Ilk For Too Long. It acknowledged at the start that it might seem ungracious and harsh.

It argued against the traditional anchor position, which Mansbridge has embodied, and declared that the reverence for the job is outdated and, essentially, redundant.

About half the readers thought it too harsh and about half applauded the content. It caused some hurt feelings. Sometimes a critic does that, expressing the unsentimental view.

Oddly enough, CBC seems to be agreeing with the views expressed about the traditional anchor role and is moving away, post-Mansbridge, to a multihost format rather than anchoring The National in one middle-aged man who delivers the news.

Whatever the new format might be, Peter Mansbridge will be missed by many. Understandably, given his skills and achievements.

Cheers, Pastor, and may the retirement be pleasant and fruitful.
Peter_Mansbridge  farewells  retirement  CBC  unsentimental  television  journalists  Canada150  John_Doyle 
july 2017 by jerryking
From Moguls to Mortals - The New York Times
By BROOKS BARNES NOV. 26, 2016
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Hollywood  retirement  Second_Acts  moguls  digital_media 
november 2016 by jerryking
Getting past ageism and back to work after a late job loss - The Globe and Mail
CAMILLA CORNELL
Special to The Globe and Mail
Published Wednesday, Dec. 30, 2015

.................networking with your own contacts first. “The people who know you understand your talents and what you’re capable of,” he says. “It’s much better than being just another résumé on a desk, where the manager thinks, ‘Oh my gosh, he has 30 years’ experience. He’s probably deader than a doornail.’”.....don’t rule out employment with smaller companies. “The jobs have greater scope, so they’re interesting,” he says. “And because they have greater scope, those companies need to hire people who are experienced. They can’t hire a young buck because he won’t be able to handle everything that needs to happen in that job.”.......The key message for mature job-seekers, says Mr. Richter: Don’t lose faith. “Keep trying and be secure in the fact that you do have a good track record and a well-developed set of skills,” he says. “You do have something to contribute.”..
aging  retirement  Second_Acts  entrepreneurship  ageism  midlife  Managing_Your_Career  job_search  small_business  networking 
may 2016 by jerryking
Finding Success, Well Past the Age of Wunderkind - NYTimes.com
MARCH 20, 2015 |NYT| By ABBY ELLIN.

In his book, “Old Masters and Young Geniuses: The Two Life Cycles of Artistic Creativity,” David W. Galenson, a professor of economics at the University of Chicago, argues that there are two kinds of practitioners in most given fields: conceptual and experimental. Conceptual minds tend to be younger and typically better with abstractions. Experimental minds, on the other hand, take longer to gestate, working by trial and error. This helps explain why, for example, conceptual artist Pablo Picasso produced his greatest work at age 26, whereas Paul Cézanne created his at 67. “To say every discipline has its peak age is wrong,” Mr. Galenson said.
Second_Acts  retirement  books  Pablo_Picasso  aging  experimentation  wunderkind  late_bloomers 
march 2015 by jerryking
Best Books on Making the Most of Later Life - WSJ
By DIANE COLE
Nov. 30, 2014

Classic Thinking
More than 2,000 years have passed since Cicero, the Roman philosopher and statesman, wrote his essay “On Old Age.” Today, his advice to embrace later life sounds refreshingly contemporary in retired classics professor Richard Gerberding’s clever adaptation, “How To Be Old: The Thinking Person’s Guide to Retirement.”

Cicero’s ideas—based on his belief that “the best weapons against old age are your inner qualities, those virtues which you have cultivated at every stage of your lives”—remain intact. But Mr. Gerberding makes them more accessible by replacing Cicero’s references to ancient Greek and Roman statesmen with modern figures like William Fulbright, Ronald Reagan and John Kennedy.

“Someone who doesn’t have much in the way of inner resources will find all stages of life irksome,” Cicero wrote. That’s advice for the ages, whatever your age.
advice  aging  books  Cicero  Greek  inner_strengths  longevity  mybestlife  retirement  Romans  stages_of_life  thinking  timeless  virtues 
december 2014 by jerryking
Four big surprises that retirees will likely confront - The Globe and Mail
ROB CARRICK
The Globe and Mail
Published Wednesday, Sep. 10 2014,

Four big surprises in retirement:

1. How much you miss working
2. How much of a benefit you get from working in retirement
3. How much money you’re spending
4. How much of a burden it can be to manage your banking and investments
retirement  Second_Acts  surprises  Rob_Carrick 
september 2014 by jerryking
Find Yourself Later in Life by Serving Others - The Experts - WSJ
Jan 14, 2014 | WSJ | MARC FREEDMAN:

What’s the best way to forge a new identity after leaving the workforce?
Second_Acts  retirement  serving_others 
january 2014 by jerryking
Ryerson president Sheldon Levy prepares to say farewell - The Globe and Mail
TARA DESCHAMPS

The Globe and Mail

Published Friday, Dec. 06 2013,

You’ve worked at many universities, including the University of Toronto, York University and the University of Ontario Institute of Technology. What sets Ryerson apart from the others?

With Ryerson, what stands out for me all the time is the students. They’re such a creative, innovative, entrepreneurial group of students that [are] very supportive, and it’s been really a delight to work at Ryerson … It’s a [very] kind community.

What do you think your role has been in changing Ryerson’s image?

The role of a president is a lot of sales and marketing. I think that I have always paid attention to building the reputation of the university, and put that as a primary objective, whether that was the members of the royal society or attracting the best faculty and students. The reputation is not a function of the president, but is a function of everyone at the university, so in some sense you are the chief cheerleader.
Ryerson  retirement  CEOs  Colleges_&_Universities  deanships  exits 
december 2013 by jerryking
Retiree Start-Ups With Age and Youth as Partners - NYTimes.com
By KERRY HANNON
Published: September 9, 2013

The rise of senior entrepreneurs like Mr. Lowe has been well documented. But start-ups like the one begun by Mr. Lowe and Mr. Uselton are a new twist in the trend, and a variant of traditional family businesses: so-called legacy partnerships. The partnerships are started at or near the older partner’s retirement from a lifelong career, so two generations bring complementary assets to a new business. The assets are typically capital and experience from the older partner and energy, technical expertise or online marketing skills from the younger.
retirement  entrepreneurship  start_ups  partnerships  generations  multigenerational  seniorpreneurs  Second_Acts 
september 2013 by jerryking
Second-career entrepreneurs
Winter 1994 | Entrepreneurship Theory and Practice. | by Baucus, David A, Human. Shenie E.
start_ups  Second_Acts  retirement  entrepreneurship  career_paths 
january 2013 by jerryking
Retired Businessmen Offer Start-Up Seminar - New York Times
Retired Businessmen Offer Start-Up Seminar
By PENNY SINGER
Published: April 19, 1998
retirement  Second_Acts  small_business  entrepreneur 
december 2012 by jerryking
Why Retire at All? How to Launch A Postcareer Career - WSJ.com
August 5, 1997 | WSJ | By HAL LANCASTER

Always plan ahead
Narrow Your search
Ask not what the company can do for you..
Don't be a grump
retirement  Second_Acts  Hal_Lancaster  Managing_Your_Career 
december 2012 by jerryking
Nine Ideas To Help You Live Beneath Your Means And Get Started On The Road To Riches
December 29, 1998| The Wall Street Journal |By Jonathan Clements.

Here’s how:

Maximize your income
Live beneath your means
Religiously save the difference

Bear in mind, this is no small feat. (As Errol Flynn once said, “My problem is reconciling my net income with my gross habits.”) For most folks in our upwardly mobile society, living beneath their means provides a major challenge. But, trust me, a comfortable retirement without sufficient income is a bigger one.
personal_finance  ideas  wealth_management  self-control  self-discipline  economizing  Jonathan_Clements  savings  frugality  retirement  income 
december 2012 by jerryking
Startups After Sixty
September 1986 | Venture | Shelley Aspaklaria
start_ups  retirement  seniorpreneurs  entrepreneur 
november 2012 by jerryking
Surfing the Silver Tsunami
One quarter of CEOs say they can’t pursue market opportunities or strategic initiatives because they don’t have the talent they need. And you thought the economy was sluggish! Fact is, the en masse departure of the Baby Boom from the workforce is creating some critical gaps, and human resources professionals and recruiters are working hard to fill them.
talent_management  talent  aging  baby_boomers  grey_tsunami  human_resources  Ivey  alumni  demographic_changes  market_opportunities  retirement  bow_wave 
october 2012 by jerryking
A Second Career
January 1991 | Nation's Business | Larry Mahar
Second_Acts  entrepreneur  retirement 
september 2012 by jerryking
The Right Mountain
July 19-August 15, 2004 | Canadian Business | Andy Holloway
career_paths  retirement 
august 2012 by jerryking
Baby Boomers Tap Nest Eggs to Fund Ventures - WSJ.com
October 2, 2007 | WSJ |By ARDEN DALE
Costly Debt Is Avoided, But Time to Recoup Money May Be Limited
baby_boomers  entrepreneurship  start_ups  retirement  Second_Acts  risks 
august 2012 by jerryking
Searching for Direction - WSJ.com
February 14, 2005 | WSJ | By KELLY GREENE | Staff Reporter of THE WALL STREET JOURNAL
New programs are springing up to help the 50-plus crowd answer the question: What's next?
baby_boomers  retirement  Civic_Ventures 
august 2012 by jerryking
Entrepreneurs With an Edge - WSJ.com
November 6, 2000 | WSJ| By CHRISTINE LARSON.

Today, Americans at least 50 years old comprise fully 24% of Internet-business founders, according to Industry Standard, a technology trade journal. Older adults can be found in every e-business outpost, from mom-and-pop craft stores to multimillion-dollar public companies. They bring with them not only a wealth of experience, but an appreciation of old-fashioned business values such as customer service and tightfisted cost control.

Equally important, they often enjoy an economic and personal stability that can cushion the bumps of start-up life
aging  entrepreneurship  slight_edge  baby_boomers  retirement  Second_Acts  start_ups  seniorpreneurs  mom-and-pop  midlife  e-commerce 
july 2012 by jerryking
Businessman Parlays Expertise to Help Others
Aug 1995 | Emerge | Ernest Holsendolph.

''I think that those at us who have been fortunate enough to gain the contacts should reach out to help true entrepreneurs with financing and the know-how to build significant businesses that can employ large numbers of people," Hill says. "I'm developing people and I can help by opening doors that no one elee can open"...."lf I were to come along today, l would get an MBA. I would aim for management and finance and I would be drawn to economic development -- especially ways to stimulate the urban ecunamy and help Black people be employed," Hill says. "I just don't believe there is any higher calling for a talented business person these days than to tackle the job of developing our communities."
African-Americans  trailblazers  retirement  Atlanta  entrepreneur  airports  actuarial_science  urban  economic_development 
june 2012 by jerryking
Forging Ahead
April 9, 2007 | Worth

Wealthy seniors far from retiring.

Gone are the days when retirement was associated with a rocking chair. Older millionaires are returning to the workforce or redirecting their energy to volunteer work and travel, according to the Northern Trust Wealth in America 2007 survey released April 2.

Among the 1,002 respondents to an online survey conducted last November and December, 48 percent said they were retired, but 29 percent have returned to the workforce—18 percent part time and 7 percent full time, with 4 percent looking for work. Among respondents older than 70, one in six remains in the workforce, either rejoining the ranks of the working after retirement or never retiring at all.

“Retired business owners and executives tell us that they want to give back the knowledge they've gained during their careers." said Gregg Yaeger, head of the financial Consulting Group at Northern Trust. “And many continue to explore and start or invest in new ventures."

Seventy-six percent of respondents said ensuring a comfortable standard of living was a key retirement Issue, while health-related issues, both financial and physical, also ranked as top concerns. The study found that 64 percent of millionaires believe It is important to pursue personal interests and hobbies in retirement; 61 percent want to travel; 53 percent desire an active lifestyle; 30 percent want to volunteer in their communities; and 30 percent would like to continue their education.
surveys  high_net_worth  retirement  work_ethic  work_habits  start_ups  passions  passion_investing  seniorpreneurs  owners  Second_Acts 
june 2012 by jerryking
Second Wind
September 2005 | Worth | By Jeff and Rich Sloan.

1. Choose a business (and a role within it) that reflects your personal passion and lifestyle.
2. Spend 20 hours working each week instead of 60.
3. Place the importance of your employees" personal success as your company's financial bottom line
4. Use your VIP status to open doors that most small companies can only dream of opening.
5. Drop the corporate diplomacy you perfected in years past and replace it with straight talk.
6. Hire pcople who not only share your vision but who are willing to take big risks and take your vision to new heights.
7. Set up the company so they can run it.
8. Have fun!
Gulliver_strategies  retirement  Second_Acts  serial_entrepreneur  factoring  passions  passion_investing  lifestyles  seniorpreneurs 
june 2012 by jerryking
Who's going to support you?
May 25, 2012 | Report on Business Magazine | By DOUG STEINER.
Doug_Steiner  CPPIB  retirement  personal_finance 
may 2012 by jerryking
Conquering Retirement: Smarter Ways to Help Kids With College - WSJ.com
May 18, 2012 | WSJ | By ELLEN E. SCHULTZ.

Smarter Ways to Help Your Kids Pay for College
Colleges_&_Universities  retirement  parenting 
may 2012 by jerryking
Redefining retirement - Jan. 12, 2000
January 12, 2000: 11:46 a.m. ET

Starting a new life - and a new business - after retirement is possible
By The Applegate Group
retirement  entrepreneur  seniorpreneurs 
may 2012 by jerryking
Your Work Is Never Done, Retirement and Estate Planning Article
Nov 1, 1997 | Inc. Magazine | by Steven Berglas.Dr. Steven Berglas is a management consultant and a psychologist on the faculty of Harvard Medical School...There are many ways to explain why vital, productive, and creative company builders balk at the prospect of becoming professionally inactive during retirement. In fact, it is not difficult to understand why a person who gets a lot of psychological lifts from a career would view surrendering them as undesirable. A few things about passive retirement to bear in mind include: 1. The bigger you are, the harder you will fall. 2. If you have grown accustomed to the limelight, stay out in the sun.
CEOs  entrepreneur  estate_planning  inactivity  retirement  Second_Acts 
may 2012 by jerryking
"Sailing Was Boring" ProQuest
Leonard, Burr. Forbes140. 2 (Jul 27, 1987): 50.

By 1981, when he decided to retire, Lou Purmort had built US Filter Co., the company he started 28 years before, into one of the largest water and air pollution control companies in the world. Purmort soon became bored with retirement and decided to go back to work. He decided to found American Toxxic Control, a hazardous waste management company that, now, after only 7 months, is already profitable. While most of American Toxxic's competitors specialize in only a few types of toxic waste treatment, Purmort's company will make toxic control equipment and design and build on-site waste management facilities to minimize or recycle all types of toxic waste. Purmort is building American Toxxic as he built US Filter -- acquiring small companies for stock, cash, or both. He first merged American Toxxic Control into a solar energy shell company named Novan. Since then, he has paid 7 million Novan shares and $1 million in cash to acquire 4 engineering and equipment companies, each specializing in a different aspect of waste toxic treatment technology.
ProQuest  retirement  serial_entrepreneur  seniorpreneurs  Second_Acts 
may 2012 by jerryking
Pacificor Taps New CEO After Klein Dies in Crash - WSJ.com
December 27, 2007 | WSJ |

In an interview with The Wall Street Journal in 2000 after he sold eGroups, Mr. Klein -- then 29 -- said he tried a short and unsuccessful retirement, which included catching up on movies with his wife and a spin at race-car driving. But it didn't last long.

"I really quickly realized," he said, "that the amount of time it takes to do those sort of things isn't enough to fill a day. Maybe I'd like them more if I were traditional retirement age, but now, it's not my cup of tea."
CEOs  retirement  entrepreneur 
may 2012 by jerryking
Opportunities for Entrepreneurship in Later Life
Opportunities for Entrepreneurship in Later Life
Rogoff, Edward G
Generations; Spring 2007; 31, 1; ProQuest
pg. 90
ProQuest  entrepreneurship  retirement  Second_Acts  seniorpreneurs 
may 2012 by jerryking
'Greypreneurs' on the rise - The Globe and Mail
TERRY BRODIE
Globe and Mail Update
Posted on Wednesday, May 9, 2012
entrepreneur  retirement  seniorpreneurs 
may 2012 by jerryking
Retired tender fruit board chair branching out
May 7, 2012| The Standard | By Karena Walter.

Len Troup is leaving the politics of fruit behind and getting back to the family farm.

“I’ve gone back to my roots,” said Troup, the long-time voice of the Ontario Tender Fruit Producers’ Marketing Board.

“I’ve become kind of the gopher. I have no intention of going into management again.”

Troup, 68, retired from the chairman position he held for 15 years when his term officially ended in April. He was a director on the board for more than half his life, serving for 35 years.

He announced he wouldn’t be running for the position at the annual general meeting, sayng he believed it was time to retire and let others take the helm.

Niagara-on-the-Lake farmer Phil Tregunno has taken over as new chairman
agriculture  farming  retirement  fruits  vegetables 
may 2012 by jerryking
How to Plan for a Successful Retirement: Think Slow - WSJ.com
April 9, 2012 | WSJ | By DIANE COLE
So Much for Snap Decisions
A Nobel Prize winner explains why one secret to a successful retirement is to think 'slow'

the message that Daniel Kahneman, psychologist and Nobel Prize winner, delivers in his new book, "Thinking, Fast and Slow."

Typically, he says, people rely on blink-of-an-eye judgments, driven by emotion and impulse, in navigating life—even when we should be thinking "slow," using reason, deliberation and logic to weigh our options.

WSJ: In your book, you discuss overconfidence as a common pitfall. What impact does that have?

MR. KAHNEMAN: Overconfidence is everywhere. We all have clear and certain beliefs, and our certainty is not impaired by the fact that other people hold contradictory beliefs. We just think they are biased.

When optimism and overconfidence come together, you get many mistakes. Optimistic estimates can in retrospect seem almost delusional. One example is that people end up paying about twice as much as they originally expected to pay for kitchen renovations.

DANIEL KAHNEMAN: 'We all have clear and certain beliefs, and our certainty is not impaired by the fact that other people hold contradictory beliefs.'
DANIEL KAHNEMAN: 'We all have clear and certain beliefs, and our certainty is not impaired by the fact that other people hold contradictory beliefs.' JON ROEMER
WSJ: Is there a way to keep our self-certainty from blocking out other evidence?

MR. KAHNEMAN: You can imagine yourself trying to make the case for your belief before a skeptical judge.

It is even better to try to construct the best possible case against your own position, because searching for arguments that support your position is unlikely to lead you to correct your mistakes.
book_reviews  decision_making  retirement  howto  personal_finance  planning  financial_planning  Daniel_Kahneman  gut_feelings  optimism  overconfidence  thinking_deliberatively  Nobel_Prizes  self-certainty 
may 2012 by jerryking
Second Acts | Country to Travel
Second Acts
April 8, 2012 | WSJ |By KRISTI ESSICK
Second_Acts  retirement  travel 
may 2012 by jerryking
How to Overcome Anxiety About What to Do in Retirement - WSJ.com
April 9, 2012 | WSJ | By ROBBIE SHELL.
Essay
A Lesson in the Joys of Learning
Later life offers a chance to embrace the unfamiliar. Including honeybees.
honeybees  serendipity  retirement  transitions 
may 2012 by jerryking
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