http://www.paoc.net/images/stories/pdf/2011_district_conference_brochure.pdf

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”