Grey Bruce Boomers Fall 2021

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FINANCE Planning for RETIREMENT YOUR FINANCES SHOULD TELL YOU WHEN THE TIME IS RIGHT BY MICHELE MANNEROW 24 • GREYBRUCEBOOMERS.COM
y Michele Mannerow As I sit on my deck at the cottage this weekend, waiting for yet another storm to roll through, it’s tough not to dream about the days when I will eventually no longer be returning to civilization and the Monday-to-Friday grind. You would think that retirement would be something to which we can look forward with excited anticipation. For some, however, that magical date seems a distant and perhaps unnerving time. If you haven’t spent at least some time with your family and possibly an advisor discussing, clarifying, and planning for the future, the anxiety can be significant. How does someone know when they’ll be physically and emotionally ready to walk away from what is, for many people, a big part of their identity and even their raison d’etre – the reason they get up in the morning? Questions include, have I saved enough to provide for a comfortable retirement income? How much will I be spending in retirement? What will I do to remain active, both physically and mentally? How will I take income from my retirement portfolio? What other pension income am I eligible for? Will I travel? Do I wish to volunteer, start new or return to long-neglected hobbies? Will I continue to work part time even if I don’t have to? So. Many. Questions. The answers and stress relief are there if you choose to spend some time looking for them. I advise, guide, and then watch as my clients move into retirement. Each situation seems slightly different than the next, and it often takes a few years for people to become comfortable with their circumstances. We feel around, making adjustments to income or expenses, until suddenly you realize the years have passed and all that planning has indeed allowed you to live the retirement for which you had hoped. Three things to consider Physical, psychological, and emotional concerns. I call this the ‘use-it-or-lose-it’ category. Although my job certainly doesn’t focus on this area, I have noticed something over my 30-year career – the age of 70 seems to be the point of no return for many. If my clients have led a somewhat sedentary lifestyle, it seems about 70 when • Home Support and Personal Care • Companion and Mobility Support for errands, outings, appointments, etc. • Motor Vehicle Accident Recovery Support • Caregiver Relief/Respite No matter your age and no matter where you are (home, hospital, retirement residence, long term care, etc.) we are honoured to be able to help you 519.395.3982 Toll Free: 1.855.395.3982 Bruce and Grey County, Wellington County, North Huron and North Perth Counties LOCALLY OWNED AND OPERATED • Private Home Health Care • Qualified, professional and compassionate local support • Celebrating 10 years of service • Our caregivers live in the towns we support all across Bruce, Grey, Northern Perth, and Northern Huron Counties • One on one comprehensive support for individuals with chronic condition, effects of aging, injury or illness. kylie@ruralhomecare.ca www.ruralhomecare.ca FALL 2021 • 25
Page 1 and 2: A FREE magazine for adults 50+ FALL
Page 3 and 4: FROM THE PUBLISHER CONTENTS Who wou
Page 5 and 6: Online dating… at my age? FINDING
Page 7 and 8: y April Taylor LIFESTYLE idea of wh
Page 9 and 10: y Stephanie McMullen HEALTH & WELLN
Page 11 and 12: y Stephanie McMullen HISTORY of 13
Page 13 and 14: y Stephanie McMullen HISTORY passin
Page 15 and 16: y Kylie Pike HEALTH & WELLNESS of h
Page 17 and 18: y Kylie Pike HEALTH & WELLNESS How
Page 19 and 20: y Doug Archer THE BUCKET LIST In Ja
Page 21 and 22: y Doug Archer THE BUCKET LIST Tony
Page 23: y Doug Archer Everyone attended vir
Page 27 and 28: y Michele Mannerow FINANCE without
Page 29 and 30: A tireless volunteer Joan Crowe, 93
Page 31 and 32: Please keep pets on a leash, on the

Grey Bruce Boomers Fall 2021

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