Thursday, 15 December 2016

New Year Resolutions for Senior Citizens!





The New Year is round the corner and it is time for thinking of those resolutions again! Whether you resolve to be fitter and healthier, connect more socially or to tick off some points on your bucket list, this is a time to take stock of the year gone by and to think of the year ahead.

Given below are some thoughts and you could consider adding some or all to your list of New Year resolutions.

Eat better for your Health

Take your health into your hands. Change your eating pattern. Take baby steps toward eating right. After all if you have been careless with your food habits, you cannot change these overnight.

Less fats, more fibre with a healthier mix of fruits, vegetables and nuts is always advisable for most people. As seniors, it becomes even more important and relevant for us to regulate our diet. Eat smaller meals more often. Most experts recommend eating 5 times a day but with reduced quantities. As some wise people say “stop eating just before you are full!” Others say that at least half of your plate should be fruits and vegetable.

Add a mix of vitamins and supplements to your diet to balance what you are not receiving through your normal diet.

Remember that eating better is the only answer to reducing your weight.

Find a New, Healthy Activity

As we get older, whether or not we have been active earlier, now it is much more important to be active. Build exercise or yoga into your daily routine. A round of tennis or golf, a brisk walk for at least 30 minutes every day (150 minutes per week of walking is the minimum recommended), yogic breathing exercises, swimming or cycling would be great to get into your daily schedule.

I have met several seniors who have started running and competing with people of their own age. In the process of staying fit, they have also found a whole new community of like-minded and passionate friends. It is best to experiment and find the right activity for your personality and activity level.

Complete some points in your Bucket List

Give yourself a break. You have earned this. Over the years, all of us have been adding to our bucket list. This list has kept getting longer since we were not able to find the time during our work life.

Resolve to tick off at least two significant items on your bucket list in the coming year.

Connect More with Friends and Family

Re-establish old connections that you lost while you were busy at work. Don’t wait for someone else to take the first step. Once start to reach out to your family and friends, you will be surprised at how much warmth you will receive.  

Weekly lunches or coffee mornings with a group of friends, WhatsApp or Skype calls with your family members spread across the World are great ways of re-connecting. Time spent talking and laughing with those that mean the most is time well spent.

Reduce your belongings

Resolve to clean out your closets and your home. Think of the difference between “want” and “need” before you start this exercise. Keep things you need and give away those you want. This may sound philosophical but try and give away whatever you have not used for the past one year. Your challenge will always be “what if” you suddenly need the item again. If you decide to give it away, keep this as an active resolution till the next year and then assess whether you felt the need for the item(s) you gave away. Chances are that you will never miss these items.

In addition, this will start a process of de-cluttering your belongings and clearing up your home over a period of time.

Brush Up on New Technology

Technology, as you are well aware, is changing our World. If you have not already understood the many forms of communication and connection through Facebook, Twitter, LinkedIn, Instagram, YouTube and so many others it is time to do so now. Get familiar with the operating systems of your phones and other devices. Learn and understand these platforms since more and more of our lives will revolve around applications being developed on such platforms and around such communication medium.

To brush-up your own knowledge and skills, there are on-line tutorials for every possible question that you may have. You can also request a younger person at home or in your neighbourhood to tutor you.

Tell Your Story

You have had a wonderful and fulfilling life and now is the time to tell your story. Write your blog and publish it on a daily or weekly basis. Think of all the anecdotes in your life and write about these. Think of the milestones in your career and the time you spent as a child and record these. Think of your parents and your extended family and store these memories carefully in writing.

If you are not comfortable with writing out your blogs, dictate these into your mobile phone. Most phones now have the feature of “voice to text” which should quickly convert your voice recording. If this too does not work, send the recording to anyone who will transcribe it for a very small fees. A dictated blog will also preserve your voice for posterity.

Not only will this record your own memories and thoughts, this could also become a record of your family history for the future generations.

Give your brain a workout

The more you exercise your brain, like your body, the stronger it will be. Remember that diseases of the brain like Dementia and Alzheimer’s are increasing.

Read more and beyond your daily newspaper. Join or start discussion groups on subjects that interest you. Try Sudoko, Chess, QuizUp or Scrabble. All these games are available free on your smart phone. Play online with people you do not know and compete with the best. Nothing prevents you from becoming the best in the region or for that matter in the World, using your brain and not brawn power.

Once you take the lead you will find lots of followers who want to play with you but were hesitant to take the lead.

Remove negativity and anxiety from your life

Life is too short and at our stage in life, we are already on the “back nine” of a round of golf! Now is the time to remove all the negativity we have carried inside us about family, friends and the World in general. All this negativity is only hurting ourselves.

If you are feeling anxious about someone or something, speak about it to your family and friends. Bottling this up inside you will only make it more challenging to deal with.

Resolve to celebrate the little joys that you will have and don’t hold back.

Get enough sleep

Most people seem to believe in a myth that as you get older you need lesser sleep. Nothing is farther away from the truth. If you are sleeping late or getting up very early, stay in bed longer than you normally would have and soon you will be sleeping longer and waking up much more rested. Avoid your daytime nap in the early days till your night time sleeping pattern becomes normal. Then you can easily go back to your power siesta as well!

Get regular medical check-ups

Monitor, manage and record your blood pressure, your blood sugar and your weight in a regular systematic manner. If you don’t have any of these challenges, consider yourself blessed. It is necessary for you to get annual medical check-ups done and if you did not get a checkup this year, resolve to undergo a comprehensive check up in the New Year.

Finally, as you celebrate during this festive season with your loved ones, raise a toast to the coming year, but with a smaller glass!

Wish you a very Happy, Healthy and Prosperous New Year.


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The author is the founder Chairman of Guardian Pharmacies and the author of 5 best-selling books, Reboot. Reinvent. Rewire: Managing Retirement in the 21st Century; The Corner Office; An Eye for an Eye; The Buck Stops Here - Learnings of a #Startup Entrepreneur and The Buck Stops Here – My Journey from a Manager to an Entrepreneur.

Twitter: @gargashutosh
Instagram: ashutoshgarg56
Blog: ashutoshgargin.wordpress.com | ashutoshgarg56.blogspot.com


Am I too Old at 60?


Monday, 12 December 2016

What Support can Employers give to their Retirees? (Part 2)





Not enough work is being done on the state of mind of a retiree though some statistics in the developed world suggest that not more than 15% of the retirees are aware or have planned for life after retirement. For the balance, this new state of life hits them on the first day after retirement. Employers must play a role in assisting their employees cross over to the “other side” of their working life into a long, health and happy retirement.

I have covered the matter of Management of time post retirement is a process of adjustment, Financial and Asset Management and Skilling Post Retirement in part 1 of this series titled What Support can Employers give to their Retirees?

Organisations spend millions of dollars training their new entrants and retraining their junior and middle management. These training dollars are spent to increase the “bottom line” of the company to increase “returns” to the shareholders. Some of this money can very easily be set aside for preparing and possibly re-skilling employees who have given their life to the organisation.

While the Government and public sector employees and those in a very few private sector companies have a retirement plan in place most retirees do not have access to retirement benefits. Financial and Health related issues are the two most important challenges that retirees have to address. Preparation for retirement should start in the last three years before the date of retirement. The planning must be led by the Human Resources department with the support of the senior leadership.

So what can organisations do help and support retirees to prepare for life after retirement?

Health

Health is always a serious worry for most retirees even if they have enough money. Given the very significant increase in healthcare costs, most retirees wonder whether they have set aside sufficient funds for medical emergencies. This worry gets exacerbated if they retirees not have access to health coverage provided by employers as is done for Government and Public Sector employees.

Employers can play a very major role to assuage these health related fears. Every employee would have gone through a comprehensive pre-employment medical check up to ensure that he will be able to contribute effectively during his employment life with the company. Would it be too unfair to expect the employer to pay for a comprehensive pre-retirement health check for the retiree and the spouse so that they can prepare for their retired life?

Several health insurance policies are now available at reasonable costs but most individuals do not know when to take this coverage or what coverage they should take for themselves and their spouses.

The human resources departments of various employers should counsel retirees to take health cover early enough. If this is done in time, the premium is affordable and risk cover is taken at a time when the employee does not have serious or chronic illnesses. Getting health insurance while working is definitely simpler and more advisable than trying to get it post retirement.

Counselling

Employers, therefore, need to sit back and think about the huge challenges their employees are confronted with as they start to grapple with this “new normal” called superannuation or retirement. Most employees reaching this new stage of nirvana in their lives don’t know how to tackle this. They have no idea about what is next. And most importantly, they do not know that there is no reason to be worried or scared of the next three decades of their lives.

Retirees, who can see their retirement ahead of them, are also worried about spending their time at home, closed within the four walls of their home with their spouses. They need to be counselled on how they should handle this new relationship with their spouse of over three decades and the process of adjustment they have to go through is probably no different from what they went through as a newly married couple. Some retirees who still have children living at home will need to understand how these next generation folks will react to one of the two “bread winners” spending so much time at home.

Retirees must need to be educated in a formal environment to assure them that there is a life post retirement and it is well beyond simply turning to Almighty God and praying all day, waiting for the inevitable.
Support to Spouses

Since most retirees have worked long hours and stayed away from their family as they built their careers, the impact of retirement is felt very strongly by the spouse. The thought of seeing the husband at home, 24 hours a day, can be intimidating from the perspective of personal freedom and interference in day-to-day household affairs. On the other hand, the spouse also needs to understand the huge changes her spouse will experience once he stops working.

The public sector company I spoke about in Part 1 of this article, had been forward looking and had invited all spouses to the discussion on Retirement. This was to help them to understand the challenges their husbands would face post retirement and also to assist them with in handling the “24 hour companionship” that all of us sign up to when we get married but face it only when we stop working!

Finally, spouses need to understand the family finances, health insurance and other company benefits (if any) and they need to be educated in this area. A simple finance 101, supported by the employer would go a long way to support them,

Employers can and should play a major role in helping their retirees to address their challenges and help them to evolve and implement a robust financial wellness program. Of course, it’s incumbent on retirees to do their fair share in planning for their own retirement.

We have a serious challenge in India regarding preparedness for retirement. The transition from a working life to retired life is difficult and the employers must assist their loyal retirees to prepare for this new phase of life. As India gets older, despite being the youngest nation in the World, we will have to start talking about and preparing for retirement and not leave it as a topic for discussion “when the inevitable happens”.


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The author is the founder Chairman of Guardian Pharmacies and the author of 5 best-selling books, Reboot. Reinvent. Rewire: Managing Retirement in the 21st Century; The Corner Office; An Eye for an Eye; The Buck Stops Here - Learnings of a #Startup Entrepreneur and The Buck Stops Here – My Journey from a Manager to an Entrepreneur.

Twitter: @gargashutosh
Instagram: ashutoshgarg56
Blog: ashutoshgargin.wordpress.com | ashutoshgarg56.blogspot.com