facebook twitter youtube google plus linkedin

Creating Your Legacy

Creating Your Legacy

By Susan Williams

As we get older it’s hard not to consider what we will be remembered for after we’re gone.

Rick Weijo knows this first hand. The birth of his granddaughter caused him to reflect on his own life and legacy and propelled him to write the book Remember Me – Creating and Leaving an Inspiring and Memorable Legacy.

Rick joined us for a Learning Bites episode to discuss what legacy is, why it is important and how to get started creating your legacy.

Here is our discussion;

These are some of the highlights of our conversation;

The Definition Of Legacy

  • Rick simply defines legacy as being a gift from one generation to another – a form of generational gift planning
  • The gifts are often thought of as being financial gifts or assets but they can also include memorabilia or heirlooms that tell important stories of a family’s history

Why Is Focusing On Legacy Important?

  • Given the current situation in society, Rick believes the quality of life may be going down and there are many challenges to future generations such as the environment, debt and social services and support that may not be available in the future
  • By being conscious of these challenges, people can then design their legacies to help in these situations
  • As well, leaving a legacy does not necessarily mean only within a family – it typically starts here but also could expand to looking at it from a community and society as a whole
  • Given there are appoximately 86M baby boomers in the US and another 9 – 10M baby boomers in Canada, if everyone was to work on one small component to help with some of our societal problems, this could be a very positive legacy to leave as a generation

Creating Your Own Legacy

  • In creating your own legacy, Rick suggests that people start with the basics – your will and estate planning. This is critical for your immediate family
  • By doing this, it starts the thinking about what gifts you would like to leave to your family and also more broadly for the community
  • Once this is completed, then consider what is important to you. Rick suggests;
    • Talk to your elders / previous generations (if they are still around) and find out what they valued
    • Think about the present and what are some of the challenges that are prevalent right now that you could help with
    • Look to the future. What are your current values and you would like to contribute to
  • Once this list is created, prioritize. Select one or two important things and start working on these. You don’t have to do everything – focus on what is important to you
  • Also consider how do you use your time. Your time is can be one of the most valuable gifts you can give.

If you are interested in learning more about this topic or his book, you can visit Rick’s website.

Also be sure to read some of Rick’s authored posts on legacy;

The following two tabs change content below.
mm
Susan Williams is the Founder of Booming Encore. Being a Boomer herself, Susan loves to discover and share ways to live life to the fullest. She shares her experiences, observations and opinions on living life after 50 and tries to embrace Booming Encore's philosophy of making sure every day matters.
mm

Latest posts by Susan Williams (see all)