This is my last column as President of NAPA (a sigh of relief for you and me), and as I ponder the past year in this role, and more importantly the experiences I have been afforded, I have an overwhelming feeling of gratitude.
First, I am so grateful for the opportunity to work with the best and the brightest people in the retirement industry—amazing people with real integrity and good intentions. NAPA serves as a conduit to so many great ideas, innovations and solutions, not to mention instruction and direction for plan advisors and lawmakers. I’m very proud to be a part of that. Together we can bring about change!
For example, SECURE 2.0 was enacted recently, due in no small part to the efforts of our NAPA Government Affairs team, the ARA team and our advisor members. It is amazing to see that lawmakers really do listen to ARA and NAPA when crafting legislation. That could not happen without your participation and generous contributions to the ARA PAC.
I have had a great life so far, a few bumps and bruises and my share of close calls, but overall great! At my age it’s hard not to start thinking about the future in a different way than I always have. I am the eternal optimist and hopefully always will be, but now I’m optimistic about different things, like seeing my kids and grandkids thrive and succeed. You always want your kids to have a better life than you did. I have a great affection for living vicariously through others, and when that can be your own kids it is even more special. I am very grateful that Brady and Payton have chosen retirement plans as a profession, and we are working to convert my other son Tanner! This is a noble endeavor that benefits so many people.
An article that Nevin Adams wrote a few months ago about his impending quasi-retirement made me think about my own version. I’m not sure exactly when or how that will play out—but I am reminded by my grandson Dexter that I am “old.” I asked him how old he thought I was, and he said: “about 100”! So I’d better at least start thinking about this new future.
Nevin wrote about rebalancing, which is a great idea for your investments, but I think applies to our lives in certain stages as well. For instance, different things become more important. I am now more concerned about the time I spend making memories than the time I spend making money. I am more concerned about how to fit more in, but I think of it in terms of “for the rest of my life” than “before I retire,” if that makes sense to you. It puts an emphasis on what we do collectively for American workers by helping millions of them achieve financial security so they can think about “for the rest of their lives.”
Read more commentary from Corby Dall here.
The years fly by quickly at this point, and this year has been no exception. I have really enjoyed my time as president of NAPA and I appreciate the privilege and experience. A big thanks to everyone who has boosted me up and supported me, not just at NAPA, but in life!
I also want to thank Brian Graff and the amazing team that supports all of us! Nevin Adams has also been a big source of support and I wish him the best in his own version of retirement. I really appreciate the efforts and care that the Leadership Council provides and the time they donate to this worthy cause so generously. Following me as NAPA President is Renee Scherzer, who already does so much for NAPA. She will be awesome! She has so much energy and her heart is always in the right place. Best of luck, Renee!
Here’s to a rosy future!
Corby Dall is an SVP of OneDigital’s Retirement & Wealth division specializing in retirement plan consulting. He was NAPA’s 2022-2023 President. This column originally appeared in the Spring issue of NAPA Net the Magazine.