“Reclaiming Your Inner David:Finding Purpose and Promise in a World of Goliaths”
Rawle Andrews Jr., Esq.Regional Vice PresidentJune 20, 2017
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Reclaiming Your Inner Davidin a World of Goliaths
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)
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Reclaiming Your Inner David:Four (4) Freedoms of Disrupt Aging
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Four (4) Freedoms of Disrupt Aging1. Freedom to Earn2. Freedom to Learn3. Freedom to Live where you want live 4. Freedom to Pursue Happiness
Reclaiming Your Inner David:Health, Self and Wealth
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Reclaiming Your Inner David:Change is everywhere!
“If you don’t like Change, you’re going to like Irrelevanceeven less.” • Gen. Eric Shinseki, US Army Chief of Staff (1999-2003)
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Buick ------------------------} Prius
Boom Box ------------------} iPod
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Reclaiming Your Inner David:Vroom-Vroom to Beep-Beep!
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Reclaiming Your Inner David:Five (5) Forces of Disruption
1. Rapidly Changing Demographics2. Technology3. General Lack of Intellectual Curiosity4. Domestic Tribalism5. Erosion of Values: Celebrity over Competence
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Reclaiming Your Inner David:Mrs. Maggie & Disruptive Change
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Reclaiming Your Inner Davidin 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)
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Reclaiming Your Inner David:“There is strength in numbers!”“Defining the problem correctly is half the solution.”
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Rank Country/Region Projected GDP ($Millions of $US)
World 79,990,000
1 United States 19,417,144
2 China 11,795,297
3 Japan 4,841,221
4 Germany 3,423,287
BOOMER NATION(1946-1964)
7,100,000
5 United Kingdom 2,496757
6 India 2,454,458
7 France 2,420,440
8 Brazil 2,140,940
9 Italy 1,807,425
10 Canada 1,857,770 12
World GDP and the Longevity Economy
If Baby Boomers were a country, at $7.1 Trillion/yearthey would be the 3rd largest economy in the world; DC’s GDP is $93.8 Billion
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• 314 MillionUnited States
• 105 Million50+
• 78 MillionBoomers
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Baby Boomers as David: Strength in Numbers
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78 Million Boomers
Baby Boomers as David: Strength in Numbers
105 Million 50+
In the US, 10,000 Boomers turn 65 everyday for the next 13 years! (i.e., 2030)
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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)
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)
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Baby Boomers in the Age of Possibility – The District of Columbia
AARP: Select Opportunities to ContributeBeyond Tax Aide and Drivers Safety
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AARP: Age Friendly Network
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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)
1-877-908-3360
AARP: The Fraud Watch Network
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AARP and the SBA
• AARP and U.S. Small Business Administration working to provide counseling, mentoring, and resources– Live workshops– Webinars– Online Courses
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www.aarp.org/startabusiness
DYK: Over 1/3 of AARP Members are still working (more than 12MM people).
“Keep Pounding the Rock!”
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AARP Maryland200 St. Paul PlaceSte. 2510Baltimore, MD 21202www.aarp.org/[email protected]: Hank Greenberg
AARP District of Columbia100 M Street SESte. 650Washington, DC 20003www.aarp.org/[email protected]: Louis Davis