Assessing The Impact of The Wealthy Nevertiree


  How the wealthy are redefining their retirement and the concept of a "traditional" retirement is a relatively recent phenomenon.

  When retirement schemes were first introduced at the end of the 19th century, retirees were lucky to live just a few more years after stopping work. But increased life expectancy means that today's retirees are often enjoying 20 to 30 years of leisure at the end of their working lives.

              london ontario retirees

  In Barclays Wealth Insights and their wonderful insightful presentation "The Age Illusion How the Wealthy are Redefining Their Retirement" you will find it quite useful not only for yourself personally but potential as a service provider to these people who are sometimes called "Nevertirees"

  Assessing the impact of the Nevertiree and understanding the role that I ,as a Realtor and a Nevertiree, is exciting and something I can relate to. (The Nevertiree part, not the wealthy part!)

                               active retirees

   I have many clients who have started second or third careers, or are still growing their business and really enjoying life.

  Their real estate needs are quite different than our traditional retiree and the last two years, especially the last 6 months in London Ontario, real estate has  been in demand, especially a one floor home, be it a house or a condo, have been sought after in the $500,000 plus range.

  I would say that the majority of my clients are in that high end range which I truly appreciate, not the dollar amount but their vibrancy, maturity, no nonsense approach and who appreciate a professional to help them!


Nevertiree?


Nevertiree is a person who intends to carry on working and never to retire. Traditionally, retirement and financial independence was the goal of most but research points out that many business owners can't conceive the notion of not doing anything.

I see this more and more, individuals who can afford not to work but choose to do so out of boredom or they really love what they do.

                       working after 55

They may not work 40-100 hours a week anymore but are still involved in a business or other activity that can use their skills and experience.

There are examples abound of wealthy individuals who love what they do and as I heard one famous person say:(who still spends 50-60 hours a week at his office) "Work is my vacation".

I have said for years that my vocation is my vacation!

Unfortunately as well, there are those who have to work to maintain an income or supplement one.

Research shows that retiring in your 50's is outdated!


Multi-Generational Homes Are in Demand


    In a recent North American survey, an increasing amount of homebuyers are looking for a property to accomodate more than one generation of their family.

Multi Generational Families 

52% of respondents cited health care issues as the number 1 reason why home buyers or sellers would move into a house with other generations of their family.

Financial reasons were the second reason and less than 1% cited a strong family bond as the main reason.

  If you are a homebuyer in the London Ontario region and looking to accomodate a member or members of your family, I understand and can help.


Are Stairs In Your Home a Challenge?


Are you having trouble getting around your 2 story home because of stairs or narrow hallways? Are you worrying what to do?

            age and real estate

You love your home, you have fond memories and perhaps love to putter in the yard or garden and worry about giving it up.

Last month I had worked with a couple who have lived in their London home for 44 years and they were tired and having trouble maintaining their large home.

We found a great one floor ranch/bungalow close to where their son lives and offered some great amenities that their present home did not have. They have a yard but it is smaller and they can still do the same things they used to.

By the time I sold their 2 story home and helped them buy their bungalow, they were thousands ahead in dollars and their monthly expenses decreased!

If you think it is time to review your living and health styles in London, I can guide you through the process to ensure your change of address is smooth!

By the way, at present there are 46 nice ranch/bungalows to choose from!


Send Only Old Army Vets to War


       This gentleman has got his head on right!


New Direction for any war:  Send Service Vets over 70!

 "I am over 70 and the Armed Forces thinks I'm too old to track down terrorists. You can't be older than 42 to join the military. They've got the whole thing ass-backwards. Instead of sending 18-year olds off to fight, they ought to take us old guys. You shouldn't be able to join a military unit until you're at least 35.

For starters, researchers say 18-year-olds think about sex every 10 seconds. Old guys only think about sex a couple of times a day, leaving us more than 28,000 additional seconds per day to concentrate on the enemy.

Young guys haven't lived long enough to be cranky, and a cranky soldier is a dangerous soldier. 'My back hurts! I can't sleep, I'm tired and hungry..' We are impatient and maybe letting us kill some asshole that desperately deserves it will make us feel better and shut us up for awhile.

An 18-year-old doesn't even like to get up before 10 a.m. Old guys always get up early to pee, so what the hell.. Besides, like I said, I'm tired and can't sleep and since I'm already up, I may as well be up killing some fanatical son-of-a-bitch.

If captured we couldn't spill the beans because we'd forget where we put them. In fact, name, rank, and serial number would be a real brainteaser for us.

Returning to boot camp would be easier for old guys.. We're used to getting screamed and yelled at and we're used to soft food. We've also developed an appreciation for guns. We've been using them for years as an excuse to get out of the house, away from the screaming and yelling.

They could lighten up on the obstacle course however. I've been in combat and never saw a single 20-foot wall with rope hanging over the side, nor did I ever do any pushups after completing basic training.

Actually, the running part is kind of a waste of energy, too. I've never seen anyone outrun a bullet.

An 18-year-old has the whole world ahead of him. He's still learning to shave, to start a conversation with a pretty girl. He still hasn't figured out that a baseball cap has a brim to shade his eyes, not the back of his head.

These are all great reasons to keep our kids at home to learn a little more about life before sending them off into harm's way.

Let us old guys track down those dirty rotten cowardly terrorists. The last thing an enemy would want to see is a couple million pissed off old farts with attitudes and automatic weapons, who know that their best years are already behind them. "

HEY!!  How about recruiting Women over 50...in menopause!!! You think MEN have attitudes??
Ohhhhhhhhhhhh my God!!!  If nothing else, put them on border patrol. They'll have it secured the first night!
 
Send this to all of your senior friends...it's in big type so they can read it.


Banks and an Old Lady


Below, is an actual  letter that was sent to a bank by an 86 year old  woman. 

The bank manager thought it  amusing enough to have it published in the New York  Times.

Dear  Sir: 

I am writing to  thank you for bouncing my check with which I  endeavored to pay my plumber last month. By my  calculations, three nanoseconds must have elapsed  between his presenting the check and the arrival in  my account of the funds needed to honor  it.. 

I refer, of  course, to the automatic monthly deposit of my  entire pension, an arrangement which, I admit, has  been in place for only  eight years. 

You are to be  commended for seizing that brief window of  opportunity, and also for debiting my account $30 by  way of penalty for the inconvenience caused to your  bank. 

My thankfulness  springs from the manner in which this incident  has caused me to rethink my errant financial  ways. 
I noticed that,  whereas I personally answer your telephone calls and  letters, when I try to contact you, I am confronted  by the impersonal, overcharging, pre-recorded,  faceless entity which your bank has become.
 

From now on, I,  like you, choose only to deal with a flesh-and-blood  person. 

My mortgage and  loan repayments will therefore and hereafter  no longer be automatic, but will arrive at your  bank, by check, addressed personally and  confidentially to an employee at your bank whom you  must  nominate. 

Be aware that  it is an OFFENSE under the Postal Act for any other person to open such an envelope. 

Please find  attached an Application Contact which I require your  chosen employee to  complete. 

I am sorry it  runs to eight pages, but in order that I know as  much about him or her as your bank knows about me,  there is no  alternative. 

Please note  that all copies of his or her medical history   must be countersigned by a Notary Public, and the  mandatory details of his/her financial situation  (income, debts, assets and liabilities) must be  accompanied by documented  proof.

In due course,  at MY convenience, I will issue your employee with a  PIN number which he/she must quote in dealings with  me. 

I regret that  it cannot be shorter than 28 digits but, again,  I have modeled it on the number of  button presses required of me to access my  account balance on your phone bank  service. 

As they say,  imitation is the sincerest form of  flattery. 

Let me level  the playing field even  further. 
When you call  me, press buttons as  follows: 

IMMEDIATELY  AFTER DIALING, PRESS THE STAR (*) BUTTON FOR  ENGLISH 

#1. To make an  appointment to see  me 

#2. To query a  missing  payment. 

#3. To transfer  the call to my living room in case I am  there.   

#4 To transfer  the call to my bedroom in case I am sleeping 

#5. To transfer  the call to my toilet in case I am attending to  nature. 

#6. To transfer  the call to my mobile phone if I am not at home 

#7. To leave a  message on my computer, a password to access my  computer is  required. 
      Password  will be communicated to you at a later date to that  Authorized Contact mentioned  earlier. 

#8. To return  to the main menu and to listen to options 1 through  7.  

#9. To make a  general complaint or  inquiry. 
         The  contact will then be put on hold, pending the  attention of my automated answering  service.

#10. This is a  second reminder to press* for  English. 

      While  this may, on occasion, involve a lengthy wait,  uplifting music will play for the duration  of the  call. 

Regrettably,  but again following your example, I must also levy  an establishment fee to cover the setting up of this  new  arrangement. 

May I wish  you a happy, if ever so slightly less prosperous New  Year? 

Your Humble  Client

And remember:  Don't make old People  mad.  We don't like  being old in the first place, so it doesn't take  much to get us irritated.

 ** thanks to Roger Mucci of Kirtland Hills, Ohio for this wonderful story **


Christmas, God & the Post Office


There was a man who worked for the Post Office whose job was to process all the mail that had illegible addresses.
 
One day, a letter came addressed in a shaky handwriting to God with no actual address. He thought he should open it to see what it was about.
 
The letter read:
 
Dear God,
 
I am an 83 year old widow, living on a very small pension.
 
Yesterday someone stole my purse. It had $100 in it, which was all the money I had until my next pension payment.
 
Next Sunday is Christmas, and I had invited two of my friends over for dinner. Without that money, I have nothing to buy food with, have no family to turn to, and you are my only hope.. Can you please help me?
 
Sincerely,
Edna
 
The postal worker was touched. He showed the letter to all the other workers. Each one dug into his or her wallet and came up with a few dollars.
 
By the time he made the rounds, he had collected $96, which they put into an envelope and sent to the woman.
 
The rest of the day, all the workers felt a warm glow thinking of Edna and the dinner she would be able to share with her friends.
 
Christmas came and went.
 
A few days later, another letter came from the same old lady to God. All the workers gathered around while the letter was opened.
 
It read:
 
Dear God,
 
How can I ever thank you enough for what you did for me?
 
Because of your gift of love, I was able to fix a glorious dinner for my friends. We had a very nice day and I told my friends of your wonderful gift.
 
By the way, there was $4 missing.  I think it might have been those b@stards at the post office.
 
Sincerely,
Edna