Session 28 – Bill Storie and Robin Trimingham

Recap andHighlights

  • Bermuda is like Hawaii without the volcanoes. Robin is originally from Canada and has lived in Bermuda her adult life.
  • Bill and his wife moved to Bermuda from Scotland on a two year contract with KPMG. His next assignment was supposed to be Hong Kong. However, the birth of their first daughter changed those plans. They ended up staying in Bermuda ever since.
  • After Bill retired from his position at the bank he decided that he would like to blog about retirement. His original name for the blog was gentlemen geezers. Robin suggested that they keep on searching for a name. Their line of thinking progressed from childhood to adulthood. But then what comes next? Old age? They liked the continuity of the “hoods”. So they came up with olderhood.
  • Doesn’t really matter how we’re referred to because the underlying root cause is how society, American society in particular, views older people.
  • Improvements in health care have extended life, and therefore retirement.
  • Bill states that our generation’s expectations of what retirement was supposed to be like vs. what it is, is an enormous change. Finances were not as much of a concern because life expectancies were shorter. Therefore, fear of running out of money is retirees’ number one concern.
  • Feeling disengaged or depressed in retirement could happen to anybody per Robin. That’s one of the reasons that she got involved with Bill in olderhood.com, e.g. to help people thrive in retirement.
  • People from all over the world are part of the olderhood community which is where they turn for reliable information. The most popular topics are finance, health, how to stay busy, family and isolation.
  • People understand, and are tired of hearing, that you need to save more and start sooner. They’re more interested in addressing what am I going to do?
  • While in general people may not think that they can increase their revenue, there are opportunities including those in the sharing economy.
  • One way to find happiness is to let go of the things holding you back in your life. Just be a peace with whom you are and where you are.
  • Bill and Robin started olderhood shortly after Bill retired from his banking job. Their goal is to help people navigate through all the non-financial aspects of adjusting to retirement.
  • People are looking for a reliable and insightful source of information and that’s what Bill and Robin provide via olderhood.com.
  • It’s important to find your comfort level in terms of your level of busy-ness
  • Some people find it challenging to discover that they have a lot of time and are solely responsible for what to do with it.
  • Bill discusses why he didn’t consult after retiring. He enjoyed writing while working. So he decided to build upon that with olderhood.
  • Next we discuss their recently published book The Third Journey. One of the areas of focus is the first critical year of retirement when you transition into a new life.
  • Want it to be a manual to help with problems that might come up as your journey progressed.
  • The book is intended to help people conquer old fears, stay positive and find a meaningful purpose. Frames of reference include the psychological, health, financial and quality of life.
  • Thinking about having a purposeful life after leaving work is a quantum change in our thinking. There needs to be a reason to “be here” and you must create that reason yourself.
  • Many people experience shock when they retire because they haven’t take time to think about what their new life is going to be like. Need to figure out how you’re going to replace the things you got out of your job besides your paycheck.
  • Bill says that people need to be more aware and accepting that they are responsible for making their own decisions and getting older.
  • People can live longer but they have to change their thinking. The human body can actually last 120 years. We wouldn’t knowingly put bad gas in our cars so why don’t we treat our bodies the same.
  • Their book, The Third Journey, is ideal for people approaching retirement because it provides a lot information about what the first year of retirement is like.
  • Bill talks about how the focus is often on what he calls the hard impacts such as a financial or health crisis. In their book they include the soft impacts, for example how to deal with the stress of a hard impact. It’s hard to handle them by yourself.
  • The book provides ideas and suggestions on how to work through the soft impacts.
  • Bill and Robin have written a novel in which they fictionalize a retirement story line. The book has not yet been released.
  • You can stay in touch with them through their blog and Facebook.
  • In addition to the fictionalized novels that they’re writing, they also do workshops, videos and podcasts.
  • Reading The Third Journey is a great way to start to unravel the “ball of twine”. I.e. all the negative baggage that we carry around.
  • Bill concludes with reiterating that they are strong proponents of the value of providing content through audio-visual means. He thinks that the audience gets much more out of the experience than they do by just reading a blog post.

Links and References