5 Jamie Dimon Quotes Every 60 Year Old Must Hear

24/7 Wall St. Perspectives

• Jamie Dimon, CEO of JPMorgan Chase, uses his experience to help others succeed in their careers.
• Many 60-year-olds can apply Dimon’s wisdom as they approach retirement.
• Also: Discover the next Nvidia.

Jamie Dimon is the CEO of JPMorgan Chase and a great business icon to learn from. No matter where you are in your career (a 30-something looking for Jamie Dimon’s advice or an older professional looking for retirement wisdom), Jamie Dimon offers insight for everyone.

If you’re 60 and reflecting on your career or heading into retirement, here are five Jamie Dimon quotes every 60-year-old needs to hear.

1. “Abraham Lincoln was never vilified, never scapegoated, never pointed at. And he had reason to.”

As Jamie Dimon says, Abraham Lincoln never pointed a finger.

Source: Jamie Dimon

Take responsibility for where you are

Reflect on all the lessons you’ve learned, enjoying your success and acknowledging your mistakes.

As you reflect on your career so far—including any difficulties or disparities you’ve faced—you might be tempted to point the finger at other people. However, as you get older, you realize that everyone has been both a victim and a villain at some point in their lives. It doesn’t help to blame others. Instead, take responsibility for your own life and choices, learn from your mistakes, and enjoy your success.

2. “If I ran the whole place like it was my road or highway, we wouldn’t be as good a company. I will make mistakes – they will be made on my watch and they will embarrass me. But I will also make sure that the company learns from them so that it can become a better company.”

Let others speak and follow their ideas.

• Source: Jamie Dimon

Be open minded

Open-mindedness is key to working alongside employees of other generations.

As you get older, you may gain more confidence and pride, which can develop a “my way or the highway” kind of thinking. While you probably know best, as you’ve learned through trial and error throughout your life and career, you should also be open to other people’s ideas and opinions, and allow room for mistakes. Especially if you work with younger generations, be willing to see things from the point of view of new professionals. Collaboration and mutual respect for each other’s processes can make all the difference in business.

3. “Problems don’t age well.”

Don’t postpone your problems.

Source: Jamie Dimon

Address any issues before retirement

Especially as you approach retirement, make sure you get all your ducks in a row.

As you get older, you probably realize that the more you neglect your problems, whether in your career or in your personal life, the stronger and more complex they become. The same can be said in business and finance. For example, ignoring a problem at work and failing to resolve it can lead to greater concerns and conflicts down the road.

Additionally, avoiding a financial dilemma can snowball into a much deeper problem that requires much more effort to recover from. This is a great quote to remember as you enter your 60s, as this decade is an ideal time to get your ducks in a row and find closure to any current obstacles.

4. “I’ve seen people, when they get into these bigger and bigger jobs, it goes over their heads. I saw him. Some people in life change who they are and some don’t. I’m basically the same guy I’ve always been.”

Just because you’re successful doesn’t mean you should talk to others.

Source: Jamie Dimon

Stay true to yourself

Never lose sight of who you are and what is most important in life, even after all your successes.

As you grow through your career, you may become more confident and self-assured. This is, of course, a good thing. However, many people also let this power and success get to their heads. Since you’re probably in a more stable and secure place than you were in your 20s, 30s, and even 40s, make sure you stay humble and kind to those around you despite the self-assurance you may have now.

5. “Humility is the realization that those who came before you paved the way. Never fool yourself into thinking that your success is yours alone.”

As you get older, consider ways you can help others as you were helped as a young professional.

• Source: Jamie Dimon

Stay humble and kind

Your humility and kindness will leave lasting impressions.

By the time you’re 60, you’ve probably already fulfilled a lot of your dreams and succeeded in ways you never thought possible. However, similar to the quote above, it’s important to stay humble and acknowledge those who have contributed to your success. Practicing gratitude is a beautiful way to honor those who came before you and helped you get there where you are today. Maybe there are ways to return the favor or pass it on to those younger than you. This is a great time to do just that.

Why are we covering this?

Jamie Dimon offers great quotes and advice to professionals in all walks of life.

The Jamie Dimon quotes above are applicable to any age, but are especially appropriate for people in their 60s. As you head toward retirement or feel more secure in this stage of life, reflect on your career, and consider what’s next for you, keep these quotes in mind for extra support.

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