Upload
baldwin-oliver
View
238
Download
2
Embed Size (px)
Citation preview
Otto von Bismark 1815-1898
Barry LaValley, Founder of The Retirement Lifestyle Center, Nanaimo, B.C
“ In the next twenty-fiveyears, the word “retirement”as we know it today will notlikely be in common usage.”
Current pop’n - c. 34,650,000
Age0-14 years: 15.7% (male 2,736,737, female 2,602,342) 15-64 years: 68.5% (male 11,776,611, female 11,517,972) 65 years +: 15.9% (male 2,372,356, female 3,024,571) Life expectancy at birthtotal population: 81.38 years male: 78.81 years female: 84.1 years
Current pop’n - c. 34,629,000
Age0-14 years: 15.7% (male 2,736,737, female 2,602,342) 15-64 years: 68.5% (male 11,776,611, female 11,517,972) 65 years +: 15.9% (male 2,372,356, female 3,024,571) Life expectancy at birth
total population: 81.38 years male: 78.81 years female: 84.1 years
• 3,592 total credential holders born in span of 79 years
• 3,592 total credential holders born in span of 79 years• 962 who are 65 years & older (1946) 26.8 %
• 3,592 total credential holders born in span of 79 years• 962 who are 65 years & older (1946) 26.8 %• 615 retired 17.1 %
• 3,592 total credential holders born in span of 79 years• 962 who are 65 years & older (1946) 26.8 %• 615 retired 17.1 %• 1,505 Baby Boomers (1946-1964) 41.9%
1. Spiritual Preparation
Pierre Teilhard de Chardin
“We are not human beings having a spiritual experience, but spiritual beings having a human experience."
1. Spiritual Preparation
Romans 12:1-2 Therefore, I urge you, brothers, in view of God's mercy, to offer your bodies as living sacrifices, holy and pleasing to God-this is your spiritual act of worship. Do not conform any longer to the pattern of this world, but be transformed by the renewing of your mind. Then you will be able to test and approve what God's will is-his good, pleasing and perfect will.
1. Spiritual Preparation
Four observations:
1. Spiritual Preparation
Four observations:-“PLC only” retirement is difficult to justify biblically.
1. Spiritual Preparation
Four observations:-“PLC only” retirement is difficult to justify biblically. - Retiring into another expression of Kingdom purpose and
fruitfulness is the goal.
1. Spiritual Preparation
Four observations:-“PLC only” retirement is difficult to justify biblically. - Retiring into another expression of Kingdom purpose and
fruitfulness is the goal. - Retirement because of the effects of aging seems not only justifiable, but honourable.
1. Spiritual Preparation
Four observations:-“PLC only” retirement is difficult to justify biblically. - Retiring into another expression of Kingdom purpose and
fruitfulness is the goal. - Retirement because of the effects of aging seems not only justifiable, but honourable. - Rethink retirement as either an entitlement or a requirement.
1. Spiritual Preparation2. Relational Preparation
1. Spiritual Preparation2. Relational Preparation3. Emotional/Psychological Preparation
Imagination/Planning 6-15 years pre
Dr. Robert Atchley, Professor Emeritus, University of Miami, Ohio
Hesitation 3-5 years preAnticipation Up to 2 years pre
Realization 1 yearReorientation 2-15
Reconciliation 15+
1. Spiritual Preparation2. Relational Preparation3. Emotional/Psychological Preparation4. Vocational Preparation
1. Spiritual Preparation2. Relational Preparation3. Emotional/Psychological Preparation4. Vocational Preparation5. Financial Preparation
CPP/OASPension Income
RRSP
Cash Assets
Real Estate Equity/Rental
Inheritance
Employment …..Income
www.servicecanada.gc.ca/eng/isp/common/cricinfo.shtml
Retirement Income Calculator
Retired Canadians 55+Average net worth $295,000Average household income $ 42,000Average debt $ 19,00086% are able to pay their bills82% are able to meet financial obligations
without a problem2/3 debt free17% - debts over $25,0005% - debts over $100,000
0
20
40
60
80
100
120
1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55 58 61 64 67 70 73 76
Series1
PAOC Credential Holders by Birth Year (2004)
1904 1984• 3,499 total credential holders born in span of 80 years• c. 650 retired 18.6 %• 812 - 65 years (1941) 23.2%• 1442 – 46-65 years (1942-1961) 41.2%
“Without future leaders, there is no future”