“ Reclaiming Your Inner David: Finding Purpose and Promise in a World of Goliaths” Rawle Andrews Jr., Esq. Regional Vice President June 20, 2017 1
Reclaiming Your Inner David in a World of Goliaths 2
Reclaiming Your Inner David: Dream Big; Aim High; Make it Count “Make no little plans; they have no magic to stir the people’s blood and probably themselves will not be realized . Make big plans; aim high in hope and work , remembering that a noble, logical diagram once recorded will never die, but long after we are gone be a living thing, asserting itself with ever- growing insistency .” Daniel Burnham, Chicago Architect/Urban Planner (1846- 1912) 3
Reclaiming Your Inner David: Four (4) Freedoms of Disrupt Aging Four (4) Freedoms of Disrupt Aging 1. Freedom to Earn 2. Freedom to Learn 3. Freedom to Live where you want live 4. Freedom to Pursue Happiness 4
Reclaiming Your Inner David: Health, Self and Wealth 5
Reclaiming Your Inner David: Change is everywhere! “If you don’t like Change , you’re going to like Irrelevance even less.” Gen. Eric Shinseki, US Army Chief of Staff (1999-2003) • 6
Reclaiming Your Inner David: Vroom-Vroom to Beep-Beep! Buick ------------------------} Prius Boom Box ------------------} iPod 7
Reclaiming Your Inner David: Five (5) Forces of Disruption 1. Rapidly Changing Demographics 2. Technology 3. General Lack of Intellectual Curiosity 4. Domestic Tribalism 5. Erosion of Values: Celebrity over Competence 8
Reclaiming Your Inner David: Mrs. Maggie & Disruptive Change 9
Reclaiming Your Inner David in a World of Goliaths “Lack of direction , not lack of time , is the problem. We all have twenty-four hour days” • Zig Ziglar (1926-2012) 10
Reclaiming Your Inner David: “There is strength in numbers!” “Defining the problem correctly is half the solution.” 11
World GDP and the Longevity Economy Rank Country/Region Projected GDP ($Millions of $US) World 79,990,000 If Baby Boomers 1 United States 19,417,144 were a country, 2 China 11,795,297 at $7.1 3 Japan 4,841,221 Trillion/year 4 Germany 3,423,287 they would be BOOMER NATION 7,100,000 the 3 rd largest (1946-1964) 5 United Kingdom 2,496757 economy in the 6 India 2,454,458 world; DC’s GDP 7 France 2,420,440 is $93.8 Billion 8 Brazil 2,140,940 9 Italy 1,807,425 10 Canada 1,857,770 12 12
Baby Boomers as David: Strength in Numbers • 314 Million United States • 105 Million 50+ Boomers • 78 Million 13 13 13
Baby Boomers as David: Strength in Numbers 105 Million 50+ 78 Million Boomers In the US, 10,000 Boomers turn 65 every day for the next 13 years! (i.e., 2030) 14 14
Baby Boomers: Putting our Money Where Our Mouth Is Control 70% of US disposable income 40% of Wireless customers; social networking has doubled since 2012 Although tech savvy, Boomers still spend an average 174 hours/month watching TV; still keen on traditional media (Radio and TV) 15 15
Baby Boomers in the Age of Possibility – The District of Columbia Now – 2040: The 50+ DC residents will increase to 29% of the population Today, 50+ DC residents contribute to 30% of City GDP; which supports 38% of DC jobs (333K); and 38% of local taxes ($2.5B) DC and Nationwide “Techno Boomers”: 2 out every 5 persons buying Apple products (for personal use; does not include gifts for others) 16
AARP: Select Opportunities to Contribute Beyond Tax Aide and Drivers Safety 17
AARP: Age Friendly Network Defined: “A community that is safe and secure , has affordable and appropriate housing and transportation options , and has supportive community features and services. Once in place, these resources enhance personal independence ; allow residents to age in place ; and foster residents’ engagement in the community’s civic, economic, and social life . ” (www.aarp.org/Livable) 18
AARP: The Fraud Watch Network 1-877-908-3360 19
AARP and the SBA • AARP and U.S. Small Business Administration working to provide counseling, mentoring, and resources DYK: Over 1/3 of – Live workshops AARP Members are – Webinars still working (more – Online Courses than 12MM people). www.aarp.org/startabusiness 20 20
“Keep Pounding the Rock!” AARP Maryland AARP District of Columbia 100 M Street SE 200 St. Paul Place Ste. 650 Ste. 2510 Washington, DC 20003 Baltimore, MD 21202 www.aarp.org/dc www.aarp.org/md 1-866-554-5384 1-866-542-8163 dcaarp@aarp.org mdaarp@aarp.org Director: Louis Davis Director: Hank Greenberg 21
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