Retirement planning inspiration from the Oscars
Posted: February 23, 2012 at 12:48 am
(MoneyWatch)
As an actuary, I'm a numbers guy. That's why most of my posts offer analyses, strategies and insights from my 35-plus years of actuarial experience to help you make the best of your retirement.
But many people need more than facts and figures to get them to take action to improve their lives -- they need inspiration. And motion pictures often tell the stories that move us to make changes in our lives.
With Oscar night approaching, it's a good time to watch a few movie clips that will inspire us to take charge of the rest of our lives. All of these clips except one come from movieclips.com, a fun website that organizes a treasure trove of clips from the classics and beyond. One clip comes courtesy of YouTube.
With all the bad news about retirement -- inadequate savings, stock market meltdowns, layoffs, retirement benefits cutbacks, and the threat of reduced Social Security benefits -- it's understandable if you're mad as hell about retirement. If it helps to get it out of your system, go ahead and shout out your frustrations, like Peter Finch's character did in the movie "Network," when he yelled, "I'm mad as hell, and I'm not going to take this anymore!"
But just being mad won't change the reality of the retirement challenges that boomers face today. So redirect that energy and take action steps that will make your life better. Believe that failure is not an option, and develop a plan that will work, as shown by this scene from "Apollo 13."
Some movie clips offer examples of what not to do, such as this scene in "Shrek Forever After," when Shrek meets up with the retired cat Puss in Boots, who had lost purpose in life, and had degenerated into a fat cat. Instead, you'll thrive in your retirement years if you enter them with a spirit of renewal and transformation, as shown in this scene from "Man of La Mancha."
Speaking of contrasts, one thing you may want to avoid is adopting Billy Crystal's cynical attitude about aging, as shown in this clip from "City Slickers." Instead, look no farther than the tale of reinvention in one of this year's nominees for best picture, "The Artist."
While planning for your retirement years, don't forget to make plans to ensure that your spouse or partner will be secure after you've gone to the great cutting room floor in the sky. In this famous scene from "Gone With the Wind," Clark Gable's character, Rhett Butler, gives us an example of how not to think about the future. Instead, it's better to be sure you'll never be sorry about the plans you've made for your spouse's future, as illustrated in this equally famous scene from "Love Story."
The people who do best in their retirement years are the ones who commit to making a difference in their lives and the lives of others. Need some inspiration for that? Watch this scene from "Star Trek: Generations," and you'll see what I mean.
Motivated to learn more about retirement planning? These posts are a good start:
Retirement planning: How to do it right
Women: Don't go broke in retirement
So what are you waiting for? It's time to start planning for the rest of your life. May the Force be with you!
Link:
Retirement planning inspiration from the Oscars
- Pope OK's Indy archbishop's retirement [Last Updated On: September 22nd, 2011] [Originally Added On: September 22nd, 2011]
- Shoaib Akhtar announces retirement [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- William Regal Announces his retirement [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- Shaq Announces Retirement, Will Miss Free Throws [Last Updated On: September 24th, 2011] [Originally Added On: September 24th, 2011]
- Elena Dementieva Announces Career Retirement [Last Updated On: September 24th, 2011] [Originally Added On: September 24th, 2011]
- 1st and 10 discuss Randy Moss retirement and legacy [Last Updated On: September 24th, 2011] [Originally Added On: September 24th, 2011]
- American Retirement - French and Saunders [Last Updated On: September 25th, 2011] [Originally Added On: September 25th, 2011]
- Planning Your Retirement [Last Updated On: September 25th, 2011] [Originally Added On: September 25th, 2011]
- Shaquille O'Neal Retirement Press Conference (6/3/11) [Last Updated On: September 26th, 2011] [Originally Added On: September 26th, 2011]
- Shahid Afridi Announced His Retirement [Last Updated On: September 26th, 2011] [Originally Added On: September 26th, 2011]
- NHL: Mike Modano Announces Retirement [Last Updated On: September 26th, 2011] [Originally Added On: September 26th, 2011]
- REALIST NEWS - Pentagon to cut veteran retirement program? [Last Updated On: September 26th, 2011] [Originally Added On: September 26th, 2011]
- Joe Montana Retirement [Last Updated On: September 28th, 2011] [Originally Added On: September 28th, 2011]
- Fire Chief Rick Lasky's Retirement Video - City Of Lewisville [Last Updated On: September 30th, 2011] [Originally Added On: September 30th, 2011]
- Bob's retirement celebration [Last Updated On: September 30th, 2011] [Originally Added On: September 30th, 2011]
- Smackdown vs Raw 2011 - Edge Retirement Tribute [Last Updated On: October 1st, 2011] [Originally Added On: October 1st, 2011]
- ★ Assassins Creed Revelations - Original Music "Assassin's Retirement Home" ft. TGG - TGN [Last Updated On: October 2nd, 2011] [Originally Added On: October 2nd, 2011]
- Ronaldo's Goodbye Part 1 - Retirement Announcement (with English subtitles) [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- West Palm Beach Police Chief Announces Retirement [Last Updated On: October 5th, 2011] [Originally Added On: October 5th, 2011]
- Ben Stein Talks Retirement -- Part 1 [Last Updated On: October 6th, 2011] [Originally Added On: October 6th, 2011]
- Old Age Perils: Retirement made bleak in UK by rising costs [Last Updated On: October 6th, 2011] [Originally Added On: October 6th, 2011]
- Edge discusses retirement two weeks before being forced to retire [Last Updated On: October 7th, 2011] [Originally Added On: October 7th, 2011]
- Shaquille O'Neal Retirement Mix (All Of The Lights) [Last Updated On: October 8th, 2011] [Originally Added On: October 8th, 2011]
- Stock market impact on retirement [Last Updated On: October 9th, 2011] [Originally Added On: October 9th, 2011]
- Retirement Jock Jeff Thompson-Estate Planning Life Insurance Strategies [Last Updated On: October 10th, 2011] [Originally Added On: October 10th, 2011]
- Baby Boomers Retiring in Texas [Last Updated On: October 10th, 2011] [Originally Added On: October 10th, 2011]
- Hulk Hogan Announces His Retirement From Wrestling [Last Updated On: October 12th, 2011] [Originally Added On: October 12th, 2011]
- First Draft of Yao Ming's Retirement Speech [Last Updated On: October 13th, 2011] [Originally Added On: October 13th, 2011]
- Uncut: Shaq Retires - Video [Last Updated On: October 16th, 2011] [Originally Added On: October 16th, 2011]
- Farewell Discovery: Space shuttle's last landing before retirement - Video [Last Updated On: October 16th, 2011] [Originally Added On: October 16th, 2011]
- Yao Ming Retirement Speech (FULL) - Video [Last Updated On: October 17th, 2011] [Originally Added On: October 17th, 2011]
- Shaquille O'Neal Retirement Press Conference 6/3/11 - Video [Last Updated On: October 18th, 2011] [Originally Added On: October 18th, 2011]
- Tyler Seguin - Harvard Lampoon retirement skit - Video [Last Updated On: October 19th, 2011] [Originally Added On: October 19th, 2011]
- iPHONING MY WAY TO RETIREMENT $.70 AT A TIME by Eugene Lin, Ep 44 - Video [Last Updated On: October 19th, 2011] [Originally Added On: October 19th, 2011]
- Dilbert Animated Cartoons - Confidential Information, Retirement Planning and Visionary Leadership - Video [Last Updated On: October 22nd, 2011] [Originally Added On: October 22nd, 2011]
- Steve McNair Retirement Speech - Video [Last Updated On: October 23rd, 2011] [Originally Added On: October 23rd, 2011]
- Mark Recchi announces retirement after Cup win 6/15/11 - Video [Last Updated On: October 25th, 2011] [Originally Added On: October 25th, 2011]
- Tax-Saving Tips - Retirement Savings - Video [Last Updated On: October 26th, 2011] [Originally Added On: October 26th, 2011]
- When elephants retire - Video [Last Updated On: October 26th, 2011] [Originally Added On: October 26th, 2011]
- BayPort Credit Union: Retirement - Video [Last Updated On: October 28th, 2011] [Originally Added On: October 28th, 2011]
- Randy Couture Talks Machida Kick, Retirement - Video [Last Updated On: October 31st, 2011] [Originally Added On: October 31st, 2011]
- Raw: Edge reveals that he must retire from competition - Video [Last Updated On: October 31st, 2011] [Originally Added On: October 31st, 2011]
- Shaquille O'Neal Boston Celtics Highlight Reel (Retirement Mix) - Video [Last Updated On: November 2nd, 2011] [Originally Added On: November 2nd, 2011]
- Social Security vs. Private Retirement Accounts - Video [Last Updated On: November 3rd, 2011] [Originally Added On: November 3rd, 2011]
- Roy Nelson on Retiring Cro Cop at UFC 137, Eating Well + Steven Seagal Movies - Video [Last Updated On: November 6th, 2011] [Originally Added On: November 6th, 2011]
- FedEx Express Ad: Retirement - Video [Last Updated On: November 6th, 2011] [Originally Added On: November 6th, 2011]
- Mirko Cro Cop Talks Retirement - Video [Last Updated On: November 7th, 2011] [Originally Added On: November 7th, 2011]
- MLB - Tony La Russa Announces Retirement - Video [Last Updated On: November 8th, 2011] [Originally Added On: November 8th, 2011]
- Make your retirement fund recession-proof - Video [Last Updated On: November 10th, 2011] [Originally Added On: November 10th, 2011]
- Curtis Joseph Retirement Press Conference - Video [Last Updated On: November 13th, 2011] [Originally Added On: November 13th, 2011]
- Joe Paterno Retirement -- Is it Fair? -- UPDATE: Paterno FIRED - Video [Last Updated On: November 15th, 2011] [Originally Added On: November 15th, 2011]
- Finance Friday: How to Protect Your Retirement Date from a Market Decline - Video [Last Updated On: November 19th, 2011] [Originally Added On: November 19th, 2011]
- Best Of Shaq - Retirement Press Conference - Video [Last Updated On: November 19th, 2011] [Originally Added On: November 19th, 2011]
- Lampard and Becks on why Heskey's retirement is great news! - Video [Last Updated On: November 21st, 2011] [Originally Added On: November 21st, 2011]
- Brad Pitt interview: Retirement is on the way - Video [Last Updated On: November 22nd, 2011] [Originally Added On: November 22nd, 2011]
- Bill Gates' spoof retirement video - Video [Last Updated On: November 22nd, 2011] [Originally Added On: November 22nd, 2011]
- Retirement village purchase arrangements.m4v - Video [Last Updated On: November 26th, 2011] [Originally Added On: November 26th, 2011]
- What is a retirement village? - Video [Last Updated On: November 26th, 2011] [Originally Added On: November 26th, 2011]
- Retired CIA Officer Ray McGovern: Israel - The Elephant in The Room 1/3 - Video [Last Updated On: November 27th, 2011] [Originally Added On: November 27th, 2011]
- UNCUT: Frank Retirement News Conference - Video [Last Updated On: November 29th, 2011] [Originally Added On: November 29th, 2011]
- Retirement - Kaiser Chiefs - Video [Last Updated On: November 29th, 2011] [Originally Added On: November 29th, 2011]
- Peter Forsberg Jersey Retirement - Full Ceremony - HD [Part 2/3] - Video [Last Updated On: November 30th, 2011] [Originally Added On: November 30th, 2011]
- Alonzo Mourning Gets #33 Retired in Miami - Video [Last Updated On: December 1st, 2011] [Originally Added On: December 1st, 2011]
- Hulk Hogan's Retirement Takes A Shocking Turn - Video [Last Updated On: December 2nd, 2011] [Originally Added On: December 2nd, 2011]
- NewsRadio - Retirement - Video [Last Updated On: December 3rd, 2011] [Originally Added On: December 3rd, 2011]
- Frank's Retirement Flight in HD - Video [Last Updated On: December 4th, 2011] [Originally Added On: December 4th, 2011]
- NBA 2K12 My Player Retired - Video [Last Updated On: December 9th, 2011] [Originally Added On: December 9th, 2011]
- What Financial Firms don't Get About Retirement - Video [Last Updated On: December 11th, 2011] [Originally Added On: December 11th, 2011]
- Minecraft Tutorials - Tutorial World "Retirement Tour" - Video [Last Updated On: December 12th, 2011] [Originally Added On: December 12th, 2011]
- Retirement in Ecuador - Video [Last Updated On: December 13th, 2011] [Originally Added On: December 13th, 2011]
- UFC 135: Matt Hughes on Retirement + Koscheck (Pre-Fight Intv w/ Workout) - Video [Last Updated On: December 13th, 2011] [Originally Added On: December 13th, 2011]
- A retiring professor - Video [Last Updated On: December 15th, 2011] [Originally Added On: December 15th, 2011]
- Shaq's Retirement Speech -Funny- - Video [Last Updated On: December 19th, 2011] [Originally Added On: December 19th, 2011]
- Recession snatches retirement from America's workers - Video [Last Updated On: December 22nd, 2011] [Originally Added On: December 22nd, 2011]
- 5 Forbes Tips On How To Make Money During Retirement - Video [Last Updated On: December 24th, 2011] [Originally Added On: December 24th, 2011]
- Forrest Griffin Interview: Tito Ortiz, Ultimate Fighter, Retirement - Video [Last Updated On: December 25th, 2011] [Originally Added On: December 25th, 2011]
- Expert Investors On Saving For Retirement (Intelligent Investing With Steve Forbes) - Video [Last Updated On: December 25th, 2011] [Originally Added On: December 25th, 2011]
- BJ Penn on Diaz v. GSP, Retirement- INSIDE MMA Exclusive - Video [Last Updated On: December 29th, 2011] [Originally Added On: December 29th, 2011]
- Miyamoto's "Retirement", Kingdoms of Amalur Impressions, and Chrome Gaming! - Video [Last Updated On: January 1st, 2012] [Originally Added On: January 1st, 2012]
- SHAQ Announces Retirement - Video [Last Updated On: January 3rd, 2012] [Originally Added On: January 3rd, 2012]