Dr. Garrett Talks Price of Retirement in "Planning for 2040"

 

 Dr. Laura Garrett, Director of Resident Life at Epworth Retirement Community, and a fellow Rotarian, spoke at our meeting Tuesday August 23rd.  She discussed the aging of America and the changes in healthcare and assisted living. Living and aging "in-place" is a major consideration for many people looking ahead to their retirement years.  Having had relatives that have been forced to make hard decisions due to health and monetary reasons makes it very important that we take advantage of the time left to put aside for the years that we will be on a fixed income.  At the current level of inflation Dr. Garrett gave an example of a person that a few years ago would have felt comfortable retiring with $1 million. Now that person is saying more like $2 million to be sure! 

Dr. Garrett also spoke of societal changes that would affect the aging community, including communication, technology, and even religion.  A terrific presentation and one that we would recommend to any club or organization wanting to learn more about what to expect for our future.