Graduation Season and Commencement Speeches inspire millions of graduates with great advice for living a good life. But did you know? A lot of what they say can relate to future financial and retirement goals. Let’s take a look at the guidance provided in some of the best speeches of the year and see how it applies to your future after retirement.
Olympic gold medalist Erin Jackson delivered her graduation speech. University of Florida, her alma mater. What is her advice? “Dream big, do small.”
“Break down what you need to do right now into small, bite-sized pieces to move you step by step toward that goal. Dream big, do small.”
- This is great advice for almost any kind of undertaking. We want to have fulfilling goals, but achieving those goals requires daily habits and the ability to take action at any moment. This is especially true for financial goals. It’s important to remember that you make thousands of financial decisions every day that ultimately lead to your future financial security. Learn more about microfinance practices.
Oprah Winfrey talked To the alumni of Tennessee State University. She encouraged the students in her class to be kind to at least one other person every day.
“This is what I am convinced of: nothing in your life is more fulfilling than making a difference in the lives of others. I want to see you use your , guts and newfound education to make a difference.Everyone always thinks they have to do something big and grand. Let me tell you, start by being kind to at least one person every day, start there, and start changing the world, just by being nice to others.”
- Oprah’s speech is about the importance of social connections and having a purpose in life. These are proven habits for well-being. However, maintaining friendships and developing meaning in life becomes more difficult after retirement, so it is important to consciously develop these activities as we age. Here are six ways to find your retirement purpose.
Isabel Wilkerson is a writer and journalist.in her speech At Occidental College she said: “Our country is like an old house. And the owners of old houses know that what you neglected will never go away. Whether you see it or not. , all that lurks is aggravated. Ignorance does not protect oneself from the consequences of inaction.”
- Wilkerson’s speech was about the turmoil our society is in right now, but her message when it comes to financial planning is absolutely true. Most people really lack proper financial know-how and can barely make ends meet month after month and year after year. But being ignorant doesn’t mean you’ll be okay, safe and happy in your old age. You need to take responsibility and learn what it really takes to achieve the financial future you want. Learn the basics of finance.
bill gates He reminded the alumni of Northern Arizona University that “life is not a one-act thing.” What he meant was that life is long and has many chapters.
I have a kid who graduated college this year and I know this is important advice for him. He feels a lot of pressure to make the right decisions about his career. But whatever he does this year, it’s very unlikely that it will be what he’s doing in a decade or so.
- The idea that life continues to evolve applies equally to those who graduate from college and retire. Retirement is not the end. Retirement isn’t even the last act in life. We have many chapters coming up and it’s important to plan for them.
GoodLands Founder and Executive Director Molly Burhans said: speech Attended the 176th Graduation Ceremony at St. Mary’s College, Notre Dame. She believes that graduates need to embrace challenges, saying, “I encourage you to prepare for challenges. Don’t run away from challenges, embrace them as part of your journey.”
- So many people are now consciously adopting habits to improve their lives. They eat well, exercise, take care of their mental health, and even embrace lifelong learning. But not so many people have financial habits. Personal financing is a major challenge for the majority of US households. But if you accept financial challenges and make financial habits part of your journey, you will experience less stress and a better future.
U.S. Public Health Service Commission Major General, Georgetown University nursing school graduation
So when you graduate, it’s not the end of your education, it’s the real beginning. The beginning of this new decisive moment. And you’re going to have a little time, too. There will come a time when you will develop your skills as a leader. ”
- Simply replace the words “graduation” and “education” with “retirement” and “career” and you’ll get great advice about your future.
Georgia Senator Raphael Warnock, said to graduates At Bard College, “Don’t ask what the world needs. Ask what makes you alive, because what the world needs is people who are alive.”
He went on to say: “In other words, I encourage you to find your passion. I think you have to express yourself you have to stand up and work to make the world a better place free of charge except you have to pay your rent or your mortgage Find what you can do, and chase it with all your might.”
- Retirees have the advantage of not having to work to pay their rent or mortgage. Sure, anything you can do for free, you can spend your life on. That’s a goal worth saving and planning for. Here are some tips for retiring early.
Not all graduation guidance contains lofty, poetic clichés. Just ask Anthony Jack, assistant professor of education at Harvard University.he said Harvard Gazette He said he wished he had been taught financial literacy when he graduated from college.
“Investing in long-term retirement is what we don’t teach, privilege determines who wins and who loses.”
“Many universities want to avoid being too hands-on, but if you only teach them how to study the world and not navigate it, it’s a disservice to students,” he continued.
- Whether you’re embarking on a career out of college or retiring with a career, learning about personal finance and developing a written financial plan can reduce stress, improve financial outcomes, and boost happiness. increase.