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

If you are nearing retirement, newly retired, or well into that stage of life and need some honest, reliable financial advice and tax planning services, I highly recommend Willis and Nancy Langford at Langford Financial. I have been working with them since the fall of 2020 and am really happy I made the switch.

I needed much better advice than I was getting from my new bank rep as I was actively preparing for retirement. I found Langford Financial online and booked a review meeting. I was happy that I was sent a complete list of all the information that would be needed prior to my initial meeting so I arrived prepared.

From that initial meeting, I decided to have Willis prepare a retirement plan for me. After we reviewed everything he had prepared, I felt much more confident in what was to come financially during retirement and how I could manage it. That's when I decided to transfer my investment portfolio from my bank to Langford Financial so they could manage it with and for me. I felt they really had my best interests at heart.

It was a pleasant surprise that their approach combined both income planning for retirement and tax planning for both the immediate future and well into retirement. This has proven to be very helpful as it has ended up saving me a lot of money (a lot!) by using credits that had been missed by the company I previously used to prepare my taxes.

I really like working with Willis and Nancy. They are very quick to answer any questions I have and can accommodate virtual or in-person meetings based on what is needed. They also produce a regular newsletter that I really enjoy. It has lots of tips in it and some very good in-depth information that helps me make better decisions---or at least ask better questions!

Moving to Langford Financial was a great decision for me. It has lead to better financial planning and decision-making and much greater peace of mind for me at this time of life.
Sharon Stroick
Full Service Client Since 2020

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