How Do You Go Back To The Way It Used to Be? You Don't

Retirement Income Planning, Calgary

Where do we go from here?

It's September 2021 and we are closing in on 2 years of living in a pandemic. Being the optimistic people we are, we want to believe that at some point in the not too distant future someone will announce it's all over and we can return to life as it used to be.


There’s a problem with that thinking - it’s wishful and maybe even harmful.


The reality is we are never going back to life as it used to be. We never do. Events like pandemics have a way of reshaping us and as we get closer to the second anniversary, we can see the ways that we have been reshaped.


In his book, "Only the Paranoid Survive”, Andrew Grove talks about the inflection points in business. These are the disruptive points where a business must choose to either change or die. Some die. Some survive. And, others thrive.



Can anyone remember Blockbuster?


The inflection point was the introduction of Netflix - where anyone could have a streaming service, pay a monthly fee, and have unlimited access to all the movies they desired without leaving their house. Blockbuster wasn’t interested and they passed on the opportunity and now they are a distant memory.


Similar fates have happened to Kodak and Polaroid. There are all kinds of businesses facing inflection points. In fact, the inflection points will never end. There is wave after wave.


On a personal level


We have these same inflection points in society and in our personal lives as well; they reshape who we are and the direction of our future.


A health crisis that forces us to make significant health choices or face a shortened life expectancy.


A relationship breakdown or job loss can have a lasting impact and will reshape us.


The COVID pandemic is one of these inflection points and will determine how we live our lives moving forward. We can live in fear and loathing or we can embrace the new reality and start planning our lives again. It’s time to decide your next move. If you want to wait, you might be waiting an awfully long time and eat up a lot of valuable years.


Sure. Adapting is difficult.


It’s harder and much more cumbersome to do anything these days, but it is still possible. I completed a cross-country trip to Newfoundland last September and the planes and airports were packed with people going somewhere. We did a vacation to Mexico in November and had no problems at all.


Nothing is ever quite as bad as the media makes it out to be. Take the time to learn the process for travelling to your destination and then follow the protocols in place.


Start with some small trips and then venture out from there. Make sure you have the proper emergency travel medical insurance that covers COVID-related illnesses and delays. 


There's still a lot of life left to live - go for it!



Learn more about our comprehensive tax, income, and investment planning for those 55+.


Fee-Only Retirement Planning,


Willis J Langford BA, MA, CFP

Nancy R Langford CRS

Share This Post:

Related Posts

Latest Testimonial

I contacted Langford Financial to see if they could help me with specific questions on retirement & estate planning, efficient tax strategies, CPP and OAS benefits, and income drawdown strategies. I was very nervous at first about whether they would be a good fit for my needs, but my concerns were quickly put to rest and Willis and his team made me feel at ease right from the very first meeting.

They are very easy to work with, are very knowledgeable and resourceful, are able to break down complex matters into an easy-to-understand manner, and are always quick to respond to any questions. They reviewed my situation and were able to tailor a plan to fit my specific needs, to my complete satisfaction.

The plan included amongst other things, the best way to utilize efficient income tax strategies. helped me to understand the correct drawdown of assets which would result in larger savings, and provided guidance on insurance products and efficient estate planning.

As a result, I have a much clearer picture of my financial situation now and feel very confident and satisfied with the plan that they have proposed for me, going forward. What I appreciated the most about Willis and his team was that, in addition to their friendly, personable and professional approach, at no time was there ever any pressure to purchase any products.

I am very happy with the service I received from Willis and his team and would recommend Langford Financial to anyone looking for advice on their retirement planning needs. You will not be disappointed!

Naila Jinnah

Naila Jinnah
Fee-Only Planning Client

Contact Us

Questions? Comments? Call us today at 587-755-0159 or fill out the form below:

Have Questions? Call Us Today At

Call Us

Join Our Newsletter