GREATER PHOENIX ARIZONA | VOL. 1
INSIDE THIS ISSUE: FEATURED ARTICLES
RETIREMENT • INVESTING • VACATION
RECOMMENDED SERVICE DIRECTORY
TRAVEL • LIVING • HEALTH • DINING
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CO NTE NT S FEATURES 4
Destination Vacations
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Investing For The Future
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Luxury Living
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20 Travel In Style 26 Local Event Guide
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38 Senior Living 42 Saving For Retirement 46
Recommended Service Directory
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TRENDING LOCATIONS TO VISIT THIS YEAR
Destination
Vacations
If you are looking for an exciting and affordable travel destination, consider the following locations. 1. Hawaii is a tropical paradise loved by all. It offers a rich marine life, unmatched underwater experiences, gorgeous landscapes, volcanoes, and interesting history. Of the six largest islands, Maui has the state’s most beautiful beaches - some with white sand and others with red or black sand. Oahu has Hawaii’s largest city and capital, Honolulu, which is known for Waikiki Beach and Pearl Harbor’s World War II memorials. The weather is perfect and there are endless opportunities for adventure. 2. Barcelona is both a beautiful city as well as a renowned beach town. It boasts a lively nightlife, lots of activities, and restaurants galore. There are amazing museums and galleries; Including the Picasso and Salvador Dali Museums, La Sagrada Familia, and other buildings by renowned architect Antoni Gaudi. Las Ramblas, the main walking street ends with a monument to Christopher Columbus honoring his discovery of the new world. 3. The Bahamas, which is made up of a series of islands, has the clearest turquoise water on the planet, as well as white sandy beaches.
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Underwater adventures abound dive for Spanish galleons, seek out the caves, or go sailing or fishing. The Bahamas offers a plethora of Ecotourism options, from bird watching to hiking. Nassau offers a few cultural sites like Ardastra Gardens and the Conservation center, in addition to being the capital city, but the Bahamas is great for island hopping as well. Or just pick one of the great resorts and relax at the beach. 4. Tel Aviv, known as the non-stop city, is a vibrant and exciting city on the Mediterranean Sea. It offers beautiful beaches, great cafes and restaurants, exciting night life and a 24 hour a day culture.
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History abounds and there are interesting museums including the Tel Aviv Museum and the Eretz Israel Museum which covers archeology, folklore, crafts and features an onsite excavation of 12th century-BC ruins. Tel Aviv is also the technology and financial center of Israel.
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INVESTING FOR THE FUTURE Not many people stumble into financial security through sheer luck: a lottery win, big inheritance, or huge stock winnings. For most of us the only way to financial security is a long term plan of saving and investing. Consistency is key to reaching long term goals no matter your income. The sooner you start saving and investing, the longer your money has to compound and grow. Set goals for how much of your income you will invest monthly and stick to it. Keep investment money and cash reserves separate so you won’t dip into your investment account when the market is down. Keep expenses low and spend on what is really important to you whether it is experiences or material things. Try to avoid the big mistakes, like buying a home that is more than you really need or creating a heavy debt load. If your employer offers a matching 401(k) contribution, be sure to take advantage of that option and contribute at least enough to receive it. It is essentially extra income that will grow and compound and is not taxed until you withdraw it. You can do it yourself but it probably makes more sense to work with a financial advisor who is more knowledgeable about financial markets. An advisor will help analyze short term 10
vs long term needs, separate emotions from objectives as well as help with devising a portfolio and strategy suitable for your needs. Investing consistently over the long term is the best way to grow your wealth as there is no way to time the market.
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LUXURY
LIVING IDEAS
Upgrading your home is only limited by your imagination and budget. Is it a luxury bath, fabulous kitchen, incredible master suite or home theatre that you desire?
KITCHEN Your kitchen is probably the heart of your home. This is where memories are made and shared as families love to congregate in the kitchen. The possibilities are endless. White is the most popular color for cabinetry but combining cabinet colors is the latest trend in kitchen design. Blues and greens are also becoming popular. Quartz is the latest for countertops and islands. Commercial-grade appliances, extra sinks and dishwashers all add to the luxury kitchen. Also popular are pizza ovens, appliance garages, warming drawers and under- counter refrigerators for wine and other drinks. If you have space, consider a butler’s pantry which acts like a second kitchen - great for caterers or just an extra space for food prep without disturbing the main kitchen area.
BATH For a luxurious bath, create a spa-worthy retreat. Consider heated floors and towel racks, a steam shower and a large soaking tub. Create a separate water closet for the latest in remote controlled toilets that feature a night light, bidet and self cleaning feature. Turn a great piece of furniture into your double sink vanity for a sophisticated look. And why not have a sofa and television for added ambiance. 14
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MASTER SUITE Add a mini-kitchen which includes a small fridge and coffee bar along with a sitting area so that you can enjoy your wine or coffee first thing in the morning or at the end of the day. Fireplaces are another nice touch for a romantic setting. If your home is equipped with gas, they are an easy addition.
LUXURY
LIVING IDEAS
MOVIE ROOM If you have a spare room, create your own private theatre with a high-definition flat screen tv, surround sound and theatre seating. A popcorn machine and fridge for drinks are nice additions. 16
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Travel in Style by Bonnie Roseman
If there’s anything I’ve learned in my 35 years as a stylist, it’s to “carry on,” and by that of course, I mean take a carry-on bag! In order to make travel easier for my busy clients, I’ve spent years developing techniques to make traveling simple and fun. A carry-on bag is key to making your journey more enjoyable; no more hauling multiple bags, or worrying about losing your luggage, which can ruin your trip before you even begin! In my most recent trip abroad, I traveled to the Scandinavian countries before flying to Greece for a little sun in the Cycladic Islands. After that, it was off to Italy and over the Alps. All the while, I had just one bag with me.
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To make the most of your luggage space, I suggest you wear your jeans and sneakers, and carry your leather jacket while you travel, to save space in your bag. Roll all items tightly! It saves space, and keeps everything from wrinkling. I usually prefer to stuff my undies and socks in my shoes. Select pieces with fabrics that can wash and hang to dry without needing to be pressed – it’s easier to keep things fresh and avoid using foreign cleaners that can be very expensive. Here are the basics for 6 weeks of traveling abroad across different climates. This short, gender-neutral list includes the basics for a great travel wardrobe. I recommend that your main wardrobe color for travel be black. It looks slimming on everyone, and doesn’t show dirt as easily. A few colorful tee tops can be added to give a little zip to your ensemble. All of these items will fit into your carry-on luggage and provide options for mixing and matching stylish looks while you see the world. You can then personalize your list by adding your toiletries, gloves, hat, or other essential accessories as needed.
TRAVEL WARDROBE Underwear 6 undergarments 6 pairs of socks Pajamas (your choice) Outerwear 2 tee shirts 2 button down shirts (one dressy, one casual) 2 pairs of pants (one jean, one black trouser) 1 pair of shorts 2 jackets (one leather, one raincoat) 1 cashmere sweater (pullover or cardigan) 1 bathing suit 1 basic black blazer (can be worn day or night) Accessories Scarves (colorful, lightweight) Belts (at least one black) Jewelry (a few pop pieces) 1 tie (traditional or bow tie) Shoes One heel or dress shoe One pair of flats (for day or night) One pair of sandals
Feel good, and look even better! Please contact me personally if you have any questions or would like to see my unique travel collection which can be dressed up or down. Bonnie@bonnieroseman.com | www.bonnieroseman.com | 917-209-0516 Bonnie Roseman Bio Fashion Designer. Style Consultant. Wardrobe Architect. The press has designated Bonnie Roseman as the ultimate fashion expert over the years. Featured on the NBC Today Show, People Magazine, and more, Roseman furthered her B-L-T brand by presenting her collection through the Home Shopping Network and Home Shopping Europe. Bonnie Roseman’s BLT has evolved into a full service boutique for women of all body types and lifestyles, featuring wrinkle-free fabrics and unique accessories that pack well and travel lightly wherever you go. Schedule with Bonnie and she’ll tell you all the secrets she’s been telling her clients for over 30 years. 22
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LOCAL EVENTS GUIDE
GREATER PHOENIX SEPTEMBER
SEPT 20-29 | Fall Restaurant Week This statewide affair offers foodies a wealth of dining opportunities and the chance to get outside their own neighborhood and try something new. From sizzling Southwestern and soothing comfort foods to fivestar dining and international fare – it’s all on the table during Arizona Restaurant Week. So prepare your taste buds and dig in. For more info: http://bit.ly/phx-sept20
OCTOBER
OCT 11-13 | Phoenix Greek Festival Share in the rich history, culture, and culinary delights of Greece with food, shopping and traditional performances. For more info visit: http://bit.ly/phx-oct11 OCT 12-13 | Taco Festival Taco-making teams will battle for a cash prize—and lucky festival attendees will be there to enjoy their creations.Festival highlights include lucha libre wrestling, a live music stage, interactive photo booths, a hot chili pepper eating contest and more. http://bit.ly/phx-oct12 OCT 25-26 | Salt River Fields Balloon Spooktacular The Balloon Spooktacular features over 20 majestic hot air balloons that illuminate the sky as they 26
participate in the world’s longest continuous glow at over 3 hours, as well as offering tethered balloon rides and balloon candy stations serving up more than 4,000 pounds of candy. For more information visit: http://bit.ly/phx-oct25
NOVEMBER
NOV 2 | Fall Fest The Arizona Fall Fest celebrates all things local to Arizona featuring over 200 local vendors, local restaurants, and more. For more info visit: http://bit.ly/phx-nov2 NOV 2-3 | Dia de los Muertos - Desert Botanical Garden Arts, crafts, music, storytelling, and dancing are all abundant during the celebration, all of which is made better by the beautiful flora throughout the garden. But the best part is La Procesión, where all the performers and audience members lead a procession at the end of the day, concluding with a traditional burning of troubles. For more info visit: http://bit.ly/phx-nov3 NOV 8-17 | Canal Convergence Scottsdale Public Art’s Canal Convergence is now 10 consecutive days of engaging, interactive experiences that celebrate water, art and light along Scottsdale’s historic waterfront. This free event features 10 (. . .continued on page 28)
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large-scale art installations, workshops, live music, community bike rides and more. For more info visit: http://bit.ly/phx-nov8
African, Native American and much more, ensuring all attendees find a piece that speaks to them. For more info visit: http://bit.ly/phx-jan10
DECEMBER
JAN 24 | Arizona Wine Festival This festival will feature over 25 Arizona Wineries pouring over 200 different wines. The festival will have 5 to 7 food trucks, a vintage village and numerous other non-winery vendors. There will be live entertainment throughout the festival. For more information please visit: http://bit.ly/phx-jan24
DEC 6-8, 13-15, 17-23, 26-31 Las Noches De Las Luminarias Celebrate the spirit of the season with Las Noches de las Luminarias. Stroll the Garden’s trails lined with 8,000 flickering luminaria bags, gaze at twinkling lights and admire the enchanting glow of Wild Rising creatures. Happen upon tunes from eclectic entertainment groups and cherish the time spent with friends and family during the holiday season. http://bit.ly/phx-dec6 DEC 14-15 | Pueblo Grande Museum Indian Market Guests can shop over 100 booths of American Indian fine art and collectibles along the Pueblo Grande Museum’s interpretive trail. For more information please visit: http://bit.ly/phx-dec14
JANUARY
JAN 10 | Surprise Fine Art & Wine Festival Surprise Fine Art & Wine Festival boasts subject matters ranging from southwest and traditional to contemporary and abstract, figurative, floral, wildlife, European, 28
JAN 25 | Arizona Balloon Classic The sky will be filled with colorful hot-air balloons participate in thrilling “Hare & Hound” races from the grassy fields of the Goodyear Ballpark for a spectacular sight of mass and color. Spectators can walk on the field and experience the balloons inflation and lift off. For more info visit: http://bit.ly/phx-jan25
FEBRUARY
FEB 7-9 | Waterfront Fine Art & Wine Festival Fine artists line the banks of the Scottsdale Waterfront with the greatest selection of juried fine arts, fine wines, delectable chocolates and live music. For more info visit: http://bit.ly/phx-feb7
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FEB 8-10 | Chinese Week Culture and Cuisine Festival Phoenix Chinese Week is a series of cultural, social and educational events highlighting the diverse culture of China. Its annual threeday culture and cuisine festival attracts thousands of participants and features the arts, food, dance, entertainment, history and heritage of China. For more information visit: http://bit.ly/phx-feb8 FEB 13-20 | Scottsdale Arabian Horse Show Since 1955 the Annual Scottsdale Arabian Horse Show has set the pace in the Arabian horse world. The first show was held at the grounds of the Arizona Biltmore Hotel which was a beautiful setting for a horse show. The Scottsdale Arabian Horse Show was a first class show from the very first day. Experience nearly 2400 horses competing for a chance at winning. http://bit.ly/phx-feb13
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FEB 15-23 | Devour Week The most anticipated culinary event in the region, the Devour Culinary Classic returns to the Desert Botanical Garden for its 11th year February 22 & 23, 2020. Over the last decade, the event has brought together the culinary and beverage leaders that have established Arizona as a sought-after destination. For more info visit: http://bit.ly/phx-feb15
MARCH
MAR 13-15 | Scottsdale Arts Festival The three-day Scottsdale Arts Festival features 170 awe-inspiring artists from throughout North America who display their work for sale on the beautiful grounds of the Scottsdale Civic Center Mall. Works of art are available for purchase directly from the artists and from the Scottsdale Arts Festival’s online art auction. http://bit.ly/phx-mar13 (. . .continued on page 32)
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MAR 14 | Phoenix St Patrick’s Day Faire The Parade starts at 10am at 3rd Street and Sheridan and heads south through the streets of Downtown Phoenix. Following the parade to Margaret T. Hance Park to enjoy the 2020 Phoenix St Patrick’s Day Faire. Come celebrate St. Patrick’s Day with 3 Stages of Irish Music, Irish Stepdancing, Bagpipers, Food & Beverages, Irish Crafts & Merchandise, Genealogy, Irish Clubs, Children’s Area, and a VIP Pub hosting Arizona Craft Beers. For more info visit: http://bit.ly/phx-mar14 MAR 27-29 | Tempe Spring Festival of the Arts The Tempe Festival of the Arts highlights visual arts, local beer and wine tasting and live entertainment. The Tempe Festival of the Arts consistently ranks among the Top 100 Classic & Contemporary Craft Shows in the nation by Sunshine Artist magazine and has received the prestigious Pinnacle Award. http://bit.ly/phx-mar27
APRIL
APR 12-14 | Scottsdale Culinary Festival The 25-acre Scottsdale Culinary Festival grounds will feature different themed zones jam-packed with interactive experiences to taste, sip and celebrate the Arizona food 32
culture. For more information visit: http://bit.ly/phx-apr12 APR 15 | Chandler Jazz Festival Come and enjoy a spectacular weekend of great Jazz in a variety of outdoor venues. All performances are free. While you enjoy many of the free performances you can also visit the galleries, restaurants and shops that make Downtown Chandler a great place to visit. For more info visit: http://bit.ly/phx-apr15 APR 25 | Craft Spirits & Cocktail Festival Arizona Craft Spirits & Cocktail Festival will showcases products like beer and wine, cocktails, wines, spirits, sparkling wine, champagne delicatessen, oil & vinegar, beer product etc.. http://bit.ly/phx-apr25
MAY
MAY (TBA) | Cinco de Mayo Phoenix Celebrating 26 years in Downtown Phoenix, the Cinco de Mayo Phoenix Festival is a historic staple of the City of Phoenix and has entertained over 3 million attendees. Enjoy music, lucha libre, baile folklorico, great food and drink and activities for the entire family. For more info visit: http://bit.ly/phx-may-cinco MAY 7-10 | All Balanchine Three ballets by “The Father of American Ballet”, George Bal(. . .continued on page 34)
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anchine, including a work never before performed by Ballet Arizona. Ib Andersen is one of a handful of artists worldwide entrusted by the Balanchine Trust to stage these masterpieces. For more info visit: http://bit.ly/phx-may7 MAY 22-24 Beethoven’s Symphony No 8 Beethoven’s Eighth Symphony is one of his most light-hearted works, cheerful with musical jokes throughout. Conrad Tao, the worldclass, innovative and edgy composer-pianist, performs two Piano Concertos, including one of his own compositions and one by Shostakovich’s favorite student, the unique modernist Galina Ustvolskaya. http://bit.ly/phx-may22 MAY 15-17 | Gershwin’s Rhapsody in Blue Celebrate George Gershwin’s musical legacy with a concert of his effervescent masterworks, including the iconic Rhapsody in Blue as the Marcus Roberts Trio joins the Phoenix Symphony for the first time. The Marcus Roberts Trio is known for its virtuosic style and entirely new approach to jazz trio performance while most jazz trios have the piano front and center, all members share equally in shaping the direction of the music. http://bit.ly/phx-may15 34
JUNE
JUN 5-6| Beethoven and Shostakovich - Phoenix Symphony Enjoy this powerful work, Beethoven’s Egmont Overture, written about a hero’s sacrifice, in a style similar to his Fifth Symphony. One of his most popular works, Shostakovich’s Fifth Symphony stands tall, optimistic and triumphant. For more info visit: http://bit.ly/phx-jun5 JUN 12-28 | Peter Pan Peter and his mischievous fairy sidekick, Tinkerbell, visit the nursery of the Darling children late one night and, with a sprinkle of pixie dust, begin a magical journey across the stars that none of them will ever forget. In the adventure of a lifetime, the travelers come face to face with a ticking crocodile, a fierce Indian tribe, a band of bungling pirates and, of course, the villainous Captain Hook. For more info visit: http://bit.ly/phx-jun12
JULY
JUL 4 | Independence Day Enjoy a wonderful celebration at one of the many popular venues. Celebration of Freedom @ Mesa Convention Center, Fabulous Phoenix Fourth @ Steele Indian School Park, and July Fourth Tempe Town Lake Festival. Have a safe and fun holiday! (. . .continued on page 36)
This is how you say it’s going to be okay. Every 8 minutes the American Red Cross responds to a disaster and makes this promise. You can help us keep it.
Donate today at redcross.org
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JUL 27 | Real Wild & Woody Beer Festival Arizona’s No. 1 indoor summer beer festival returns to the Phoenix Convention Center this summer. Real, Wild and Woody Craft Beer Festival, presented by the Arizona Craft Brewers Guild, features rare, unique and unconventional brews take center stage -- including more than 300 different cask ales, wild brews and barrel aged beers, there is something for everyone. Combine your beer samples with small bites from a variety of restaurants. Tickets include 20 craft beer samples and small bites. For more info visit: http://bit.ly/phx-jul27
AUGUST
AUG (TBA) | CornFest Arts & Craft Fair Arts and Crafts Fair featuring 60+ Vendors in comfortable air conditioning. Enjoy Sweet Corn, Hamburgers, or Hot dogs. Sweet Corn for
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sale. Clowns for the Kids. And lots of Fun. http://bit.ly/phx-aug-corn AUG 4-9, 11-16, 18-22 Flashdance the Musical at ABT Dance like you’ve never danced before (cue chair and splashing water). Flashdance The Musical tells the inspiring story of Alex, a welder by day and ‘flashdancer’ by night, who dreams of going to the prestigious Shipley Dance Academy and becoming a professional dancer. When a romance complicates her ambitions, she harnesses it to drive her dream. Based on the popular 1983 feature film of the same name, Flashdance is a musical spectacle featuring phenomenal choreography about the power of holding onto your dreams – and love – against all odds.. For more info visit: http://bit.ly/phx-aug4
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RETIRE WITHOUT CHANGING YOUR LIFESTYLE
Today’s upscale senior communities offer “resort style living” which is hospitality-oriented and resembles a 4-star hotel or cruise ship rather than a hospital or retirement home. Amenities
Some of the more luxurious communities at the deluxe level even feature lively bars with chandeliers and overstuffed pillows. More standard amenities include: Activities: Education and Entertainment, Fashion shows, Lectures from retired professors and various social and cultural events which are all examples of regularly planned activities for residents at higherend facilities. In urban settings, planned outings to the city for museums, art galleries or theater visits are frequent occurrences as well. Grounds-keeping: Luxury communities are beautifully designed on the outside as well, from gardens to ponds to putting greens and walkways. Many include wellappointed courtyards for residents to socialize, relax, or enjoy a meal. Concierge Service: Offering ‘Concierge Service’ is what makes a Senior Living community a Luxury one. Similar to a hotel concierge, a resident can use the Concierge to arrange hotel flights or tickets to events, a service that makes these luxury communities clearly more desirable to prospective residents and their families. Modern Therapies: Assisted living communities offer personal care to their residents, and the best communities often offer top notch therapy on top of 38
standard care. In addition to specialized pet and physical therapy, upscale communities often also provide top notch occupational therapy, and music therapy, and always from trained and certified professionals. Residences: The kitchen is the focal point of any home and it’s no different when looking at the residence at an Assisted Living community. A standard assisted living apartment has a kitchenette, traditionally including a mini-fridge, a microwave, and a small amount of cabinet and counter space. The luxury assisted living residences feature full kitchens and appliances plus top of the line finishes, like granite counter tops for instance. Dining: An upscale senior living community will most likely retain a registered dietitian on staff and employ experienced chefs who serve gourmet meals. Choice and variety are crucial for (. . .continued on page 40)
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the success of a kitchen at a luxurious community and most have more than two restaurants within the community, each with their own menus. Personal Fitness Trainers and Recreational Facilities: Recreation rooms are always available to use at the residents’ convenience, with computer labs, fitness rooms and cinemas. Fitness programs supervised by physical therapists and personal trainers are also kept on staff by any upscale community. High-end assisted living communities also provide full service spa treatments, beauty salons for the women and barbershops for the men. Additionally, no luxury assisted living community would be complete without a heated pool and spa, which are always popular with residents. Pet Friendly: Studies have shown that pet ownership has been shown to be beneficial to seniors, and more and more luxury communities are open to allowing residents to have their pets on site. There can sometimes be limitations regarding the size and number of pets. They frequently provide pet care such as dog walking, nail clipping, grooming and litterbox changes as well as formal, certified pet therapy. Spacious Apartments: One can expect 40
about 20% more square footage at a Luxury community (approx 600 sf versus 500 sf at a standard community). A Two bedroom apartment at an upscale community can be more than 1200 square feet. Clearly, senior living is not what it was years ago. And for the retiree with means, it can be a lively, active, and rewarding lifestyle full of growth and fun!
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10 Year Countdown
To Retirement
Money See Where You Stand - It’s time to assess how prepared, or unprepared, you are financially for retirement. • Take a quick test: Assuming your retirement is about 10 years away, you want to have roughly seven times your current salary in savings, according to research from Fidelity. That puts you on the road to having about 10 times your final salary saved by retirement and maintaining your present standard of living. Retire before hitting 67 and you’ll need more saved; after, you’ll need less. • D . o a deeper dive: Plug your current numbers (such as earnings, savings and future pensions) into an online calculator to estimate your retirement income. Experts say you’ll need 75 to 80 percent of preretirement income to live well — debatable but a good starting point. • D . on’t despair: You have 10 years to act, by earning more, trimming expenses or delaying retirement. “Whatever you can do can only help,” says George Papadopoulos, a financial planner in Novi, Mich.
Save the easy way If you’re among the 82 percent of workers paid via direct deposit, save more by splitting your pay across accounts. Have your payroll department put part of each check into an online savings account, where it’s out of sight and out of mind. The direct-deposit users who split their deposits save up to $90 more per month than those who use another method to save, according to a recent study.
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Pad your nest egg If you already have significant savings in a 401(k), 403(b) or IRA, open a Roth IRA (in 2019 you can contribute up to $7,000 if you’re 50 or older), or put money into a regular taxable account. •
Why do it? You’re laying the groundwork for lower taxes later. Say you need a new roof on your house in retirement; If you take money from a 401(k) or traditional IRA, it is taxable as ordinary income, and you may end up in a higher tax bracket, explains Carolyn McClanahan, founder of Life Planning Partners. But you can pull your contributions from a Roth IRA tax free (earnings, too, if you’re at least 59½ and have had the Roth at least five years). You can also invest via a basic taxable brokerage account; when you sell securities, you’ll pay only (usually lower) capital gains taxes on the profits.
Pay down the mortgage The problem with a mortgage in retirement is that you may have to sell investments to cover payments. And sometimes that will be when the markets are down - the worst possible time to sell, says Shelley Giordano, chair of the Funding Longevity Task Force at the American College of Financial Services. Her advice: 1. In place of your monthly payments, make half payments every two weeks. Those 26 payments per year are the equivalent of 13 monthly payments, resulting in a faster payoff and lower total interest costs. 2. Got a tax refund? A bonus? A side job? Apply that to your principal. 3. Avoid refinancing your mortgage, since a new loan with a later payoff date means more of your monthly payment goes to interest expense, not an increase in your home equity. 4. Don’t use a home equity loan or line of credit for purchases. The new tax law makes that less attractive, says Giordano. And this is the wrong time to be growing your mortgage debt. (. . .continued on page 44)
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Put new retirement savings to work Not sure where to invest additional money? Aim for growth, somewhere between a trip to Vegas and stuffing cash into your mattress. The sweet spot •. Balanced mutual funds: Seek a mix of stocks and bonds;
a 50/50 or 60/40 ratio of stocks to bonds is reasonable. • Target-date mutual funds: These balanced funds automatically adjust investments to lower risk as you age.
Conservative but sound • High-grade corporate bond funds • Money market accounts • U.S. government bond funds • Certificates of deposit and online savings accounts (See bankrate.com for Federal Deposit Insurance Corp.–insured banks offering higher rates.)
• Series I inflation-protected savings bonds (sold at treasurydirect.gov)
Work Prepare Your Plan B - Ask yourself these questions, and be honest. 1. Do I work in a stable and growing industry? 2. Do I work for a stable and growing company? 3. Is my heart still in it? Have you answered no to any? It’s time to update your LinkedIn profile and see what else is out there.
• Why do it: Only about half of workers cruise their way to a planned, voluntary retirement; the rest of us exit prematurely, often as a result of job loss or burnout. You still have time to regroup. “With 10 years to go, there is still enough runway to make a mark,” says career and retirement expert Nancy Collamer.
• .How to do it: You know the routine. Tell people who can help you. Sign up for job alerts on the go-to site in your industry. Browse the postings that interest you, and note the skills that employers are seeking.
• .Want to stay put? Get busy anyway. “Whether you drive a bus or work in a store or in a professional occupation, maximize your opportunities by building your capital,” Collamer advises. “Give talks or write articles to boost your profile, or take advantage of short-term training programs.” One option: Go to linkedin. com/learning and get online access to thousands of business, creative and technology courses for $30 per month.
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Miller, Mark and Powell, Robert, AARP (2019, Feb 6). Countdown to Retirement: 10 Years [Web log post]. Retrieved from https://www.aarp.org/retirement/planning-for-retirement/info-2019/10-year-countdown.html
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RECOMMENDED SERVICE DIRECTORY AIR CONDITIONING Weather Masters...........................Back Inside Cover
ELECTRICAL CONTRACTOR Mr. Electric of Phoenix Metro.................................5
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CELLULAR SERVICE PROVIDER T-Mobile.........................................................................31 COMPANION CARE Arion Care Solutions................................................31 COSMETIC DENTISTRY Biltmore Dental Center..............................3, 39, 47
FROZEN YOGURT Dream Swirls..............................................................23 FURNITURE STORE Wallbeds ‘n’ More Arizona.....................................17 HABILITATION Arion Care Solutions................................................31
CUSTOM CABINETRY & FURNITURE Edsart............................................................................37 HEALTHCARE Arizona Care Network.............................................21 CUSTOM POOLS & SPAS Tribal Waters Custom Pools.....Front Inside Cover HEATING Weather Masters...........................Back Inside Cover CUSTOM SHELVING & WALK-IN CLOSETS Edsart............................................................................37 HOME OWNERS ASSOCIATION Kachina Management, Inc....................................33 DENTIST Biltmore Dental Center..............................3, 39, 47 (. . .continued on page 48)
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RECOMMENDED SERVICE DIRECTORY HOSPICE Hospice of the Valley..............................................37
PRIVATE SCHOOL Catholic Education Arizona........................... 24-25
INSURANCE Lynn Buss - State Farm Insurance....................... 8 Scott Froehle - Farmers Insurance... 7, Back Cover
PROBATE LAW Rowley Chapman & Barney Ltd....................18-19
JEWELER Osborne Jewelers....................................................33 LIVE ENTERTAINMENT Comerica Theatre.................................................12-13 Herberger Theater Center.....................................31 The Phoenix Theatre Company...........................41 MORTGAGES Cheryl Gray - Peoples Mortgage Company........29 Cindy Upshaw - Peoples Mortgage Company...37 NONPROFIT ORGANIZATION American Red Cross................................................35 Hands On Greater Phoenix...................................33
PROPERTY MANAGEMENT Kachina Management, Inc....................................33 REAL ESTATE LAW Rowley Chapman & Barney Ltd....................18-19 RESTAURANT All Pierogi Kitchen....................................................29 SATELLITE TELEVISION DTR Satellite...................................................................1 STORAGE Budget Mini Storage - STORAGExperts...........11
PAIN MANAGEMENT Curaleaf.......................................................................... 9
THEATER Comerica Theatre.................................................12-13 Herberger Theater Center.....................................31 The Phoenix Theatre Company...........................41
PERSONAL CARE Arion Care Solutions................................................31
VOLUNTEER OPPORTUNITIES Hands On Greater Phoenix...................................33
PLUMBING Weather Masters...........................Back Inside Cover
WHOLE BODY DONATIONS Research for Life.................................Front Cover, 15
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