Make Every Day Count
I'd like to depart from the usual commentary about financial issues and devote this blog post to the celebration of people who err on the side of kindness and integrity, especially when faced with adverse circumstances. Putting a face on otherwise abstract notions makes a difference and so it is that I talk about computer science professor Randy Pausch.
In case you missed it, this Carnegie Mellon University favorite died a few days ago of pancreatic cancer, at the age of 47. His death was anticipated and highly publicized as part of "The Last Lecture" or "Really Achieving Your Childhood Dreams." If you haven't seen it, I highly recommend at least one viewing. You can also buy the book version of The Last Lecture, co-authored by Pausch and Wall Street Journal reporter, Jeffrey Zaslow.
While I was originally interested in watching the video of this hour long talk because of the large amount of press it received, awe and inspiration took over as I saw Dr. Pausch interviewed on several television programs thereafter. Despite his pain and the tragic knowledge of an imminent demise, he always seemed upbeat and considerate. His sense of humor no doubt continues to help others cope with their loss of a son, father, husband, friend, colleague and "citizen of the world."
While Professor Pausch will be remembered by many, it is good to know that his optimism and courage are not unique. How many people have we met in our lives who have received "more than their fair share of problems" yet greet you with a smile or handshake? I thank my lucky stars for knowing such individuals.
So how does this relate to a pension blog? Well, for one thing, it's good to remember that money is only one of many currencies. While it's critical to have the financial wherewithal to retire comfortably, perhaps just as important is to possess the ability to enjoy the things that money cannot buy.
On a professional note, integrity and courage are paramount when we talk about solidifying the three-legged post-employment stool. At a time when fiduciaries are seldom applauded for their hard work, let's look for ways to improve the reward system for good players (and penalties for those who are sloppy or impervious to their duties).
Though I acknowledge my propensity as a Cassandra (or Dr. No as some have suggested), I'm much happier helping folks put productive solutions in place. To those fiduciaries who share that view and work tirelessly on behalf of millions of individuals, bravo! Take a bow.
