The Roanoker September/October 2017 - RVA22
paradigm and that made a huge difference. Health
insurance has been a $6,000 deductible through the
Affordable Care Act, which may not have much life left.
"We were living in a bigger, more expensive house
in Arlington," says Jan. "We found this smaller house
and it needed renovation," which they have done primarily by themselves (kitchen, first floor, porch, landscaping, painting). They had some expertise, but "YouTube has videos for everything," says Jan, chuckling,
"and our neighbor is a structural engineer."
They have three children and six grands. The house
is a good size for having family as guests.
"We've done a good job planning," says Bill, "but
you need to plan as early as you can. When you're
younger, you have more time to recover if something
But when retirees look to work again, that guidance
is not so easy to find.
"In our society, there is a lot of guidance for the
young," says Deb Squire of Directions/Career Life
Transitions. She has "coached [job hunters] through
five recessions. There's a whole new norm." Some
people "are pretty lost," she says. "It is challenging
for people with a profession to experience change."
Because there "is little security in the job market," says
Squire, "you always need to be prepared for what's
next." And that includes the time in retirement.
Roanoker Tom Nasta, Investment Advisor Representative at Personal Financial Planning Inc., says,
"Fewer people are eligible for pension plans now, so
they have to rely more on retirement savings to supAbove, Clockwise:
"...making sense of the mess. That's the fun
part." - Anne and Andy Hudick
plement their living expenses. People are living longer
Retirement should be "a gradual process instead of an 'all at once' event." -Tom Nasta
stead of an 'all at once' event."
"When you downsize, there's an in-your-face reality check." -Linda Ballentine
22 | RETIRE-VA 2018
and are more active in retirement. I think many people
don't think retirement can be a gradual process inAn Employee Benefit Research Institute survey reveals that 60 percent of people working believe they
will be ready for retirement. Retirees are even more