Episode 93-Planning for Retirement with Julie Jason, The Discerning Investment Advisor

Retirement today is very different than it was 50 years ago. People are living longer, and lawyers, like many other knowledge workers, have the ability to work well into their 60s, 70s and beyond. Supreme Court Justice Ruth Bader Ginsburg was productive well into her late 80s. But for many lawyers, continuing to work is a default option rather than something that has been carefully planned out. Part of the reason is that lawyers have very strong professional identities. Part of the reason is finances.     As high-income earners, many lawyers fear that they won’t have enough money to last them throughout retirement. That fear needs to be addressed before decisions can be made.  From my perspective as a career coach, I see lawyers creating meaningful and productive “third chapters” of their lives. A crucial part of this is to look at finances.  Given how long many Americans are now living, taking the time to prepare to finance your possibly lengthy retirement is essential in making a successful career transition. Finances should really be the first step in any transition planning.  If you are healthy, it can be an exciting time of life.  Figuring out how you will make it all work financially is an important first step. My guest,  has written a new book on that very subject.  In this episode, we discuss her book and the financial considerations for lawyers who are planning for their next stage of life. Julie Jason is the author of The Discerning Investor: Personal Portfolio Management In Retirement For Lawyers (and Their Clients). Julie is an investment manager who started out on Wall Street as a lawyer. Thirty years ago, she founded her own Investment Counsel firm—Jackson, Grant, Investment Advisers, Inc. of Stamford, CT, a fiduciary boutique—where her team manages personal portfolios for high-net-worth families. She writes and speaks frequently on financial literacy and related topics .  I met Julie while serving on a panel put together by the  Senior Lawyers Division of the American Bar Association.  Other Resources Succession Planning for Your Career: What Comes Next? Episode 67-Retirement By Design (for Lawyers)

Om Podcasten

Counsel to Counsel is a periodic podcast produced by Stephen Seckler of Seckler Attorney Coaching (www.counseltocounsel.com). It addresses important career, marketing, and leadership issues facing attorneys. The target audience is associates, counsel and partners at law firms of all sizes; but the podcast also addresses issues that are relevant to in-house counsel, law students or any lawyer who is looking for career insights inside or outside of the law. Counsel to Counsel is aimed at individual lawyers who are looking to increase their own career satisfaction and build their marketing and leadership skills. The podcast features interviews with leading consultants, career professionals and marketing experts who advise attorneys on careers, marketing, law firm management and related issues. The guests are also a roster of successful attorneys who have found career satisfaction inside and outside the law. Counsel to Counsel is a direct outgrowth of the blog Counsel to Counsel which Stephen Seckler has been publishing since 2005. Since graduating from law school in the late 1980s, Stephen Seckler has been advising lawyers on career and marketing issues and working with a broad mix of law firms and corporate law departments. He began blogging when legal blogging was in its infancy and his blog Counsel to Counsel was named to the ABA Journal’s Blawg 100 in 2007 and 2008 (the first two years that list was in existence). Steve has written extensively on career and marketing issues and he has spoken at many law school, law firm and bar association events. He served on the Boston Bar Association’s Standing Committee on Work Life Balance and was Vice Chair of the Law Practice Management Section of the Massachusetts Bar Association. He is active in the Senior Lawyers Division of the American Bar Association, the ProVisors business network, and has been quoted frequently in the legal and business press.