Settle Down Your Career and Retirement No Doubt!

Pleasantly surprised to hear No Doubt is back! Their new song Settle Down has an early No Doubt feel and Gwen Stefani is still rocking after two kids. This reminds me of when I met No Doubt (sort of) at the grand opening of a Kristoff Ball’s new salon in Beverly Hills.

The hype machine was on overdrive as some of his high profile clients were supposed to be swinging by. His promotional flyer listed actors and musicians, most prominently, No Doubt. Kristoff was the toast of the party as he was surrounded by well wishers, in his very hip and swanky salon. Party goers were abuzz and chowed down on delicious fajitas.

While I waited in line for my drink I noticed a familiar face. It was Tony Kanal, bassist for No Doubt. He was chatting with a friend or two and seemed smaller in stature than I imagined. I immediately scanned around him and thought, “Where’s Gwen?” (Like she’s my best friend. Good one Buck.) I didn’t want to harass Tony on his night out, but my mind wandered. “Does Tony ever want to be where Gwen is?” “Does he suffer from Keeping up with the Stefanis, I mean Jonses?” I’m sure he’s comfortable, but would he trade his life, status, and income for that of a global icon? Here’s my plan if he did. Actually, since it is like any other job, you could apply this plan to yourself as well.

Tony Kanal Career Path

First off, he has to recognize the divide between the lead singer and the bassist. If he is really happy and has no need to climb the entertainment ladder, the plan ends here. If he is not, he has several options. One, break off and form a new band. He will be thrust into the limelight and hopefully if he surrounds himself with talented people, he will get a taste of what Gwen goes through. This is similar to what everyone is doing lately, leaving a tried and true office job to become an entrepreneur. The second option is leave the band to become the bassist of another band. This is similar to taking a similar position at another company where you hope to gain more benefits. I may be making things too simplistic, but there is always a choice. If you are unhappy, you owe it to yourself, your loved ones, and your company to make a change. My impression from afar and up close is Tony is happy. He had the freedom to be himself and chat with friends without anyone harassing him. Although we were in Beverly Hills where everyone is a celebrity, I can imagine if Gwen made an appearance, people might be more prone to snap a smartphone picture and get an autograph. Don’t forget to throw in some vultures, I mean paparazzi hollering at the Holler Back Girl, too. Let’s move on.

Gwen Stefani Retirement Plan

What about Gwen? To be honest, I thought she called it a career, a great one at that. Success with No Doubt, success as a solo artist, she has her LAMB fashion line, and endorsement deals. We could all learn a thing or two from Miss Stefani. One, embrace your talent. She’s done that quite well wouldn’t you say? Find your talent and do the most with it as humanly possible. Second, be adventurous. She could have played it safe and rode the success of No Doubt to the sunset, but nope, she went BANANAS and went solo becoming even more successful. You should always look for the next adventure, too. The days of 40 year pensions are long gone. Finally, diversify. I’m repeating myself, but her portfolio looks pretty healthy with albums, concerts, a fashion line, and endorsement deals. If you are only depending on your paycheck, you are setting yourself up for some unhappy golden years. Educate yourself on the stock market, real estate, and 401ks, to supplement your income because who can rely on Social Security?

Are you happy with your career and retirement plan? If not, what are you doing about it?

Stay Inspired!
Buck

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13 Responses

  1. Arlee Bird says:

    I loved much of my career, but I wish I’d given more thought to my financial future.

    Lee
    Wrote By Rote

  2. AverageJoe says:

    “Where’s Gwen!” Funny. I think we’ll all be saying that in every room we walk into at FinCon. Where’s Buck?

  3. krantcents says:

    Most people who are successful in music make a lot of money and spend most of it. I wonder how many think beyond the moment and save for their retirement. I think most of them go on tour well beyond their peak years to just earn money to support their current lifestyle. I wish I had their talent because I don’t think I would squander my money.

  4. I heard the “settling down” song the other day and had to giggle; she’s from my era as well (not that long ago!) and I thought it was so funny how time changes all of us.

  5. Testing CommentLuv…Oh it looks like it’s working now! Thanks.

  6. Aaron Hung says:

    Mine should be a little better than what it is now but it’s a little harder now to move up or move out of the company. It’s even harder in this economy but I believe that things will turn around when you least expect it.

  1. September 2, 2012

    […] Settle Down Your Career and Retirement No Doubt! […]

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