38 ~ Wednesday. November 19, 197 — North Shore News

ifesty

nioney

matters
SO you want to retire
at (you choose the
age). You can —~ pro-
vided you wilf have
enough after-tax
income (from pen-
sions, investments,
perhaps purt-time
work) to cover your
expenses for the rest of
your life.

Here are tips trom read-
ers to help put more gold
into your golden years:
® C.LW., 41, divorced one
year, said she is quite pre-
pared to five on one-third
what she earns now. “Td like
to ease out of the workplace
by age 45 and live a simpli-
fied, cheaper lifest
spending more time with my
children, managing my finan-

cial affairs, farming and pur-
suing humanitarian actisi-
ties.” To thar end, she has
buile her investments to
almost half a million dollars
in addition to her debt-tree
home.

¢ L.B. and his wite did retire
SiX Years ago ar age $5 “bur
with everybody else in) our
age vroup still working. it
wasn't as much fun as we had
hoped.” Both are now work-
ing again part-time in their
own businesses.

© "We started with regular
savings — quite small at
times. Then time and com-
pounding worked tor us, plus
fimancial information from
columns and seminars hike
yours,” said G. and P., who
retired when he was 55 and
she was 54. “We know we
can’t count on government
to look after us. We also clip
coupons and shop at sales but
only for things we really
need. We visit auctions and
watch notice boards and the
classified. We do our own
renovations and repairs
whenever possible.”

© MLE, 43, also credits
columns and other business
features in the paper for

Technology display

TECHNOLOGY compa-
nies eager to du business
with APEC business lead-
ers will get the opportunity,
thanks to World Tribe. a
North Van company.

The Technology
Showcase, produced by World
Tribe, will take place at the
RC Business Crossroads
Centre at Robson Square
Conference Centre on
Thursday, Nov, 20, from 9
a.m, t0 6 p.m.

The event is endorsed as
an official APEC event and
will feature the products and
services of more than 30
established and up-and-com-
ing B.C. technology compa-
nies.

“This bas been an incredi-
bly exciting project to man-
age,” said World Tribe presi-
dent James Knowles, *There
is an astonishing amount of
talent and vision behind the
creation of new products.”

north shore news

a

bringing her closer to her
retirement dreams. “And |
acted as general contractor to
fix up an old house with min
imal dollars aad maximi.n
ettort. P have had roommuate-
tenants most of the time
since, to help pay off the
MOrtyage as soon as possi
ble.”

© NUM s husband retired ar

=< BUSINESS
ifts set stage ic

58 “and we have enjoyed 12
wonderful years since. We do
a year-end review and
although we have had to cash
some of our savings as our
pensions arent sufficient: for
our needs, our net worth has
remained constart because
other investments like RRSPs
are compounding.”

© One reader said building

rf retirement

investments lo support rerire-
ment is fine, bur its just as
Important to make a btestle
adjustment. “When we retire,
we have this underempioved
body around the beuse
which, if properly damed and

developed, could do mary of

the tasks we used te pay for”
— Copyright 100° Moc
M Creations Ltd.

Mike Grenby is a coinm-
nist and tadepeudene finaan-
cial adviser who works with
individuals.

Hell answer questions in
uns column as space allows
ime connat reply individually.

Contact bin at 2444
Haywood Avenue, West
Vancouver, B.C. V7V 141;
email Marenby@nol.com

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