Envelope Real Estate Brokerage Inc.   Not All REALTORS* Are The Same

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.

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. (TheNevertiree part, not the wealthy part!)

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 I see a vibrant niche that is rapidly growing!


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


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 to not work but choose to do so out of boredom or they really love what they do.

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".

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!


Jails and Nursing Homes


Here's the way it should be:

Let's put the seniors in jail and the criminals in nursing homes.

This would correct two things in one motion:

Seniors would have access to showers, hobbies and walks.
They would receive unlimited free prescriptions, dental and medical
treatment, wheel chairs, etc.
They would receive money instead of having to pay it out.
They would have constant video monitoring, so they would be helped
instantly if they fell or needed assistance.
Bedding would be washed twice a week and all clothing would be ironed
and returned to them.
A guard would check on them every 20 minutes.
All meals and snacks would be brought to them
They would have family visits in a suite built for that purpose.
They would have access to a library, weight/fitness room, spiritual
counseling, a pool and education...and free admission to in-house
concerts by nationally recognized entertainment artists.
Simple clothing - i.e.., shoes, slippers, pj's - and legal aid would be
free, upon request.
There would be private, secure rooms provided for all with an outdoor
exercise yard complete with gardens.
Each senior would have a P.C., T.V., phone and radio in their room at
no cost.
They would receive daily phone calls.
There would be a board of directors to hear any complaints and
the ACLU would fight for their rights and protection.
The guards would have a code of conduct to be strictly adhered to, with
attorneys available, at no charge to protect the seniors and their
families from abuse or neglect.


As for the criminals:


They would receive cold food.
They would be left alone and unsupervised.
They would receive showers once a week.
They would live in tiny rooms, for which they would have to pay $5,000 per month.
They would have no hope of ever getting out.


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. 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?

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 141 nice ranch/bungalows to choose from!


Send Only Old Army Vets to War



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 **


Is There a Retirement Crisis in Canada?


I was reading the August issue of Canadian Business and the front cover has "Retire Happy" on it. In one of the features, writer Michael McCullough writes about why there is no retirement crisis in Canada.He states "Seniors are richer than ever and that won't change soon". I agree with most of what he has written but as I work with seniors and people thinking about retirement, I see first hand daily the financial situation of Canadians.

I have clients who have or will sell their home, which is mortgage free and buy an upscale condo for cash and still travel or become a sun bird.As well, I have some who have to sell their home to make ends meet or to support their adult age children or to downsize to try to free up equity in their home.Retire Happy is reality for some and a dream for others. If I can offer some sound advice about real estate in London Ontario and with out obligation, feel free to contact me.


Canada Pension Plan Changes


Are you aware that upcoming changes to the Canada Pension Plan will have a major influence on what age you retire.

 

- The Timing of Your Retirement Will Have Critical Financial Consequences on Your Lifestyle

- Changes to CPP Could Mean up to $100k More if you Retire at 70 Instead of 60

- Important to Consider Non-Financial Factors that Could Affect Retirement Planning

As you can see, don't leave this to chance or say, it's not going to effect me, I've got lots of time yet. The BMO Retirement Institute has written a great article that will better advise you on the changes.

 


Baby Boomers Have Mortgages Too!


Almost half of baby boomers are planning a move and many of them will not be able to do so mortgage free. A recent survey by TD Canada Trust in their Boomer Buyers Report of Canadians between 44-64 who were thinking of moving, four-in-five are downsizing to either save money (46%) or to be able to afford more luxurious features (34%)

The majority of boomers say it is important that they pay off their mortgage before they retire, only 44% have been able to.

It may come as a surprise to some but 25% of boomers have a long way to go in paying off their mortgage because their mortgage on their home is around 75% of the value!If you are thinking of downsizing or concerned about the value of your home, why not talk to a real estate professional for some sound advice.


Some Great Reports


Some of these reports and stories have been sent to me by friends or items that really impreseed me. I hope they do to you as well.



Secrets of Getting Old

Turn up the music and smile. it's good for you




A Crabby Old Man


 

ACrabby Old Man
When an old man died in the geriatric ward of a small hospital near Tampa, Florida, it was believed that he had nothing left of any value.

Later, when the nurses were going through his meager possessions, they found this poem. Its quality and content so impressed the staff that copies were made and distributed to every nurse in the hospital.

One nurse took her copy to Missouri. The old man's sole bequest to posterity has since appeared in the Christmas edition of the News Magazine of the St Louis Association for Mental Health. A slide presentation has also been made based on his simple, but eloquent, poem.

And this little old man, with nothing left to give to the world, is now the author of this "anonymous" poem winging across the Internet:


Crabby Old Man

What do you see, nurses. What do you see?
What are you thinking......... When you're looking at me?
A crabby old man ........... Not very wise,
Uncertain of habit, ........ With faraway eyes?

Who dribbles his food? And makes no reply.
When you say in a loud voice, .. "I do wish you'd try!"
Who seems not to notice ......... The things that you do,
and forever is losing .............. A sock or shoe?

Who, resisting or not, ........... Lets you do as you will,
with bathing and feeding, ... The long day to fill?
Is that what you're thinking? .. Is that what you see?
Then open your eyes, nurse,.... You’re not looking at me.

I'll tell you who I am ............. As I sit here so still,
as I do at your bidding, ....... As I eat at your will.
I'm a small child of ten with a father and mother,
Brothers and sisters ......... Who love one another.

A young boy of sixteen ............With wings on his feet
dreaming that soon now. .........A lover he'll meet.
A groom soon at twenty ............. My heart gives a leap,
remembering the vows. That I promised to keep.
At twenty-five now, ............ I have young of my own,
who need me to guide ... And a secure happy home.
A man of thirty, ............... My young now grown fast,
Bound to each other ........ With ties that should last.

At forty, my young sons.... Have grown and are gone,
But my woman's beside me. To see I don't mourn
at fifty once more, ............. Babies play 'round my knee,
Again we know children, ........ My loved one and me.
Dark days are upon me, ........ My wife is dead;
I look at the future, ......... I shudder with dread.
For my young are all rearing. Young of their own,
And I think of the years.... And the love that I've known.

I'm now an old man.............. And nature is cruel;
Tis jest to make old age .........Look like a fool.
The body, it crumbles, .......... Grace and vigor depart;
there is now a stone. Where I once had a heart.
But inside this old carcass.. A young guy still dwells,
and now and again, .............My battered heart swells.
I remember the joys, ................... I remember the pain,
and I'm loving and living........... Life over again.

I think of the years ............ All too few, gone too fast,
and accept the stark fact. That nothing can last.
So open your eyes, people, ........ Open and see,
not a crabby old man; ...... Look closer.... see, ME!!
Ty Lacroix Broker of Record & Owner Ty Lacroix Broker of Record & Owner 519-435-1600 Email Ty