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Seniority Authority – Cathleen Toomey
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Getting older is something to celebrate according to today’s guest Cathleen Toomey, of the RiverWoods Group. But there are also realties to plan ahead for and adjust to along the way. You’ll want to do your homework and get sound advice so you’re well-educated on the options available for you to consider. And if you’re planning to age in place, you’ll want to hear what Cathleen has to say about that option.
Cathleen Toomey joins us from New Hampshire.
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Bio
Cathleen Toomey has led the sales and marketing efforts of the RiverWoods Group since 2007, during a period of expansive growth, when the organization doubled their size. She has done a TEDx talk “Secrets to Successful Aging“; and is a frequent presenter. In 2021, she launched a podcast, Seniority Authority, “Let’s Get Smarter About Growing Older” to answer questions on aging. New Hampshire PBS recently aired a short series featuring Cathleen’s Seniority Authority content.
Prior to RiverWoods, Cathleen’s extensive brand building experience included work for Timberland, Stonyfield Farm, Babson College and Bentley University. A graduate of Fordham University (MA) and Fairfield University (BA), Cathleen began her career in ad agency work in New York City.
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For More on Cathleen Toomey
Insider’s Guide: Choosing a Continuing Care Retirement Community
Video series on New Hampshire PBS
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Podcast Episodes You May Like
Where Will You Live Next? – Ryan Frederick
An Anti-Ageist Second Act Business – Jan Golden
Are You Ready for The New Long Life? – Andrew Scott
Where to Retire – Silvia Ascarelli
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Mentioned in this Podcast Episode
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Wise Quotes
On Celebrating Aging
“I am very positive about aging. I think aging is a great thing because if you’re not aging, you’re dead! So don’t we want to celebrate the fact that we are living another day, another month? Yes. Is aging hard? There’s no question. It’s hard. It comes with losses, it comes with emotional losses and financial losses and losses of friends and spouses and sometimes even children. It is not easy, but it is better than the alternative. Not everyone gets the gift of aging. So I would like personally for the world to start appreciating aging instead of denigrating it. Celebrate it! Don’t denigrate it. Don’t beat up on yourself because here are things you can’t do anymore.”
On Planning for Long-Term Care
“You need to be prepared to be able to think about care. And the more prepared you are, the more you plan ahead, the more choices you have and the better you’ll feel about it. Because you’re going to be thinking about what your needs will be. Don’t stick your head in the sand and pretend it’s never gonna happen to you. Then you will have an advantage over most other people. Most other people are not thinking about this.”
On Aging in Place
“The biggest fallacy that people have when they think about retirement is they say, “I’m going to age in place” and I’m putting quote marks in for your listeners age in place. Age in place means nothing. Age in place is a way to say, I’m going to stay in my house and ignore the world and myself changing. So if you want to age in place, you have to modify your home. You have to set aside money for internal caregivers. You have to make a plan, you have to share it with your financial advisor, your kids, et cetera. You can’t just stay in your home and say, I’m aging in place – because that’s not a plan. So my big message to to your listeners is no matter what age you are, assuming you’re let’s say over 60, make a plan, cost it out, share it with your financial advisor, your elder care attorney, your attorney, your kids and and think about that. And if your plan is that your kids are going to take care of you, tell them. Let them in on that.”
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About The Retirement Wisdom Podcast
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Schedule a call to find how how the Designing Your Life process (developed by Bill Burnett & Dave Evans at Stanford) can help you unlock a new direction. Learn more about our One and One coaching and small group programs. Take the first step toward your new life today.
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About Your Host
Joe Casey is an executive coach who also helps people design their next life after their primary career. He created his own next chapter after a twenty-six-year career at Merrill Lynch, where he was Senior Vice President and Head of HR for Global Markets & Investment Banking. Today, in addition to his work with clients, Joe hosts The Retirement Wisdom Podcast, which thanks to his guests and loyal listeners, ranks in the top 1.5 % globally in popularity by Listen Notes. Business Insider has recognized him as one of 23 innovative coaches who are making a difference. He’s the author of Win the Retirement Game: How to Outsmart the 9 Forces Trying to Steal Your Joy.
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