Understanding Living Longer

Category Archives: Managing Money

Founding a ‘dynasty’

A recent article in the financial press highlighted the perils of ‘gifts with reservations’ citing the Inland Revenue guidance on what constitutes a reservation. The rule that made me smile was borrowing more than three books a month from a ‘gifted personal library’- I remember driving around every charity shop in the county trying g […]

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Decisions – decisions

Decisions – decisions Increasingly, I am aware of a difference between the ‘very wealthy’ and the rest of us. When it comes to possessions, they know exactly what they want, and don’t hold on to anything else. Growing up in a household familiar with post war austerity I was indoctrinated with the full set of […]

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The lesson learnt by billionaires…

My first coaching client took a little time get the EML ‘message’, but, since then it is incorporated in everything he does. He sees the time between now and the moment he is ‘no longer around’ as a countdown clock and looks carefully at everything he is does and how he is spending his money. […]

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Focus and drive.

During our coaching programme I will ask the client what they want from various aspects of life. Many find the exercise challenging, not because they don’t know, but because their list is too long – it is an impossible ‘wish-list’. Capturing their thoughts without interrupting the ‘flow’ has made me a fast scribbler! I ask […]

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A suitable incentive….

Not everyone referred to EML is ready to face the reality of their changing prospects for later life. While fees are sometimes cited as being the issue, they are nothing more than a convenient excuse along with, ‘I’m too young’, ‘I’m too busy’ etc etc. The real message is ‘I don’t want to acknowledge my […]

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Give yourself a little bounce….!

Give yourself a little bounce….! When the family was younger we had a trampoline – complete with a safety net that made it look like an old fashioned gas tower. For many years it gave immense enjoyment, for bouncing on, camping under and even as a playground for the cats. As our young children grew […]

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Early warning systems

In researching the impact of global longevity EML identified six key areas of life that together, differentiated those who were successful in negotiating later life from those who were less so. There was no silver bullet, no ‘one thing’ that will make all the difference, instead those who were seen by their peers as ‘doing […]

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Changing behaviour – Piggybacking

At any age changing your behaviour can be a challenge. We become accustom to comfortable routines which perpetuate long past their intended purpose. Sometimes its what you do and sometimes its what you don’t. Talk to many octogenarians about taking a taxi and they look at you as if you are mad. One was seriously […]

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Gifting the next generation

Talking about death can be a catalyst for unusual discussions – and occasionally inspirational revelations. Some people are great planners putting considerable thought into their own demise while others, like one relative, a top class hoarder, simply shrugged and said ‘well, it won’t be my problem’. There are some that seek to exercise ‘intrusive control’ […]

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