Setting up a Self-Directed IRA? You Really Need to Know These 5 Things
Posted On May 23, 2018
One of the pieces of research we cite the most is the lack of Baby Boomer retirement savings, especially in the younger half of the Boomers. This lack of savings has many implications from their longevity in the workplace to Gen X’s inability to get promoted. Today I’m posting a guest blog from Rick Pendykoski about a self-directed IRA – a type of retirement savings tool. If you’re a Boomer and haven’t begun retirement savings, maybe this is the right one for you. -Cam If you are setting up a self-directed IRA to expand your financial portfolio beyond stocks and bonds,… Read More
Categories: Financial Services, Retirement
From classic movies to Chick-fil-A: Millennial reaction videos reach critical mass
Posted On May 19, 2018
Just when you thought there wasn’t anything else that millennials could try while their reactions are filmed for a cheesy video, Business Insider has found a new one: Chick-fil-A. That’s right: Somewhere in this country are 10 millennials who apparently had never tried Chick-fil-A until Business Insider stuck a camera in their faces and shoved a chicken sandwich in front of them. One said she grew up in Europe. One was from Montana. One was a former vegetarian. One just said “the lines are always really long.” This worn-out trope has come in many forms, perhaps the best of which… Read More
Categories: Advertising, Generation Y / Millennials
Tinkering with your swing: What can a leadership coach do for you?
Posted On May 17, 2018
Do you need a leadership consultant? Does anyone? Some businesses must find their services useful – there are millions of them across the country. But how do you know if you need one? What can they do for your business? And how do you know which one to turn to for help? In this week’s episode of “What’s Working with Cam Marston,”I pose these questions to Hal Adler of Leadership Landing, who has worked with senior leadership teams of some of the most successful companies in the world. What are those companies seeking when they hire a consultant? These are… Read More
Categories: Blog, Uncategorized, Work, Workplace
Pop the bubble: the value of inclusive decision-making
Posted On May 14, 2018
In my last “What’s Working with Cam Marston” episode, we looked at the value of reverse mentoring. Forbes contributor Erik Larson goes one step further, however: For the best chance at desired results, younger employees need to be part of the decision-making process. A study by Larson’s company, Cloverpop, found that inclusive teams arrive at better decisions — and make them faster — than individual decision-makers. Furthermore, the study found that teams of younger members outperformed older teams by 40 percent in reaching decisions that led to positive outcomes. What’s more, teams that included members of a wide range of… Read More
Categories: Baby Boomers, Blog, Generation Y / Millennials, Workplace
‘This is not the Army:’ Why reverse mentoring can be beneficial for your business
Posted On May 10, 2018
What can we learn from millennials? The best flavor Frappuccino at Starbucks? What all the emojis mean? The appeal of a standing desk? Actually, at least one 60-something CEO believes there’s a lot more we can learn from millennials. That’s why he’s accepted one as a mentor. Mark Tibergien, CEO of Pershing Advisor Solutions, says reverse mentoring – younger employees mentoring their older peers — isn’t just a retention tool for hiring and keeping talented millennials. He and his millennial mentor, Pershing VP of Business Development Kayla Flaten, share how it has been a beneficial tool for both of them… Read More
Categories: Baby Boomers, Generation Y / Millennials, Podcast, Workplace
Coaching millennials: What a veteran Baby Boomer has learned
Posted On April 29, 2018
Herman Edwards has pretty much seen it all in a football coaching career that started in 1987 at San Jose State and ended up including head coaching stints in the NFL with the New York Jets and Kansas City Chiefs. But Edwards, who at 64 fits right in the middle of the Baby Boom generation, is having to learn a few new tricks now that he’s accepted a job as head coach of the Arizona State Sun Devils. Since it’s his first coaching job since 2008 – he’s spent the last decade in broadcasting – what he doesn’t have a… Read More
Categories: Generation Y / Millennials, Training Industry
Climbing toward retirement: How do you know when you’re ready to attack the summit?
Posted On April 26, 2018
Many of us think of the years after 40 as all downhill. But Jeanne Thompson, head of Workplace Solutions Thought Leadership at Fidelity Investments, looks at them as an uphill climb – with retirement as the summit. Thompson, our guest for this episode of “What’s Working with Cam Marston,”sees three different phases of retirement: climbing, base camp and the summit. And she says research commissioned by Fidelity shows that the factors that drive our decisions about retirement and preparing for it and largely dictated by where we are on this expedition. Those in the climbing stage are 10 or more… Read More
Categories: Podcast, Retirement
Dealing with the mid-career doldrums: Is it time for a change?
Posted On April 12, 2018
Are you tired of your job? No, I mean really tired – to the point of throwing away a career of twenty-some-odd years and starting over? You may be suffering from a fairly common phenomenon I call the mid-career doldrums. You’ve been doing the same job for a couple decades, you’re bored, and the achievements that once thrilled you don’t move the needle for you anymore. You crave something new, but stepping away from the familiar into the unknown can be scary. Can you make the leap? Should you? My guest in this episode of “What’s Working With Cam Marston”… Read More
Categories: Financial Services, Generation X, Podcast, Work
Who argues over money the most? (Spoiler: It’s not the kids, and it’s not the grandparents)
Posted On March 24, 2018
They are in their prime earning years, old enough to have moved into management positions but young enough to not be staring directly at retirement just yet. And yet, perhaps moreso than any other generation, Gen-Xers are stressed about money. In a story initially published by LearnVest, Forbes contributor Julia Chang cited a CompareCards poll that found more Gen X couples argue about money than Baby Boomers or millennials. Twenty percent of the Gen-X couples surveyed in the poll said they’d sparred over finances within the last month, compared to 17 percent of millennials and only 9 percent of Baby… Read More
Categories: Financial Services, Generation X, Wealth
Boomers and millennials find common ground — on vacation
Posted On March 1, 2018
Many Baby Boomers think millennials are lazy, coddled and have entitlement issues. Many millennials find Baby Boomers out of touch, technologically illiterate and over-judgmental. Frank Sinatra or Kanye West. All in the Family or The Walking Dead. Encyclopedias and card catalogues or the internet and smartphones. These two generations can’t have any common ground, can they? Actually, it appears they do – when it comes to travel. Lisa Iannucci, a contributing writer for travelpulse.com, recently talked with several travel industry professionals who saw many similarities between Baby Boomers and millennials in what they want in a vacation: Authentic experiences Learning… Read More
Categories: Baby Boomers, Generation Y / Millennials, Travel