In this issue:

• President's Message
• Remodeling Trends:
  • Vanity Trends Go Clean & Green, Yet Personalization Remains Key
• Aging in Place
  • The Five Key Risks All Retirees Face

President's Message

We've taken our own advice to heart and remodeled!
We are pleased and excited to introduce our updated logo, web page and our e-letter. The location, the name, and the same wonderful experienced people are here to help you with your design and remodeling needs, but we too wanted to update our colors, take advantage of the latest in technology and embrace them to better serve you.

Join us on KYKN
Please tune in this Saturday, February 6 from 9:00am to 10:00 am tune in to KYKN, Radio 1430 AM Radio host, Warren Franklin will host Dale on his weekly special program, The Warren Franklin Home and Garden Show They will cover some of the latest trends in remodeling, talk about Universal Design and what that means for the latest in Aging in Place. We'll talk about other upcoming events where you can see for yourself what we can do to help you create and live out your dreams for your home.

And after you tune in, we'd love to see you in person at these upcoming events:

Aging in Place Seminar:
Friday February 5th from 10:00 to 11:00 at the Center 50+ in the Lecture Hall located at 2615 Portland Rd. N.E. Salem, Or 97301)

37th Annual Linn County Spring Home Show:
February 5th - 7th Friday 3pm to 8 pm Saturday 10am to 8pm and Sunday 10 am to 5pm located at the Linn County Fairgrounds
3700 Knox Butte Rd. Albany, Or.
www.wvpevents.com
(503)364-1716

1st Annual Portland Baby Boomer Lifestyle Expo
- Saturday February 20th 10am to 7pm
- Sunday February 21st 10am to 5 pm
Located at the Portland metropolitan Expo Center
2060 N. Marine Dr. Portland, Oregon 97217
(503)481-4809 show times only

Oregon Wine Industry Symposium: February 21st - 23rd
Eugene Hilton Hotel and Confrence Center
- Sunday 4pm to 7:30
- Monday 8:30 to 10:30
- Tuesday 8:15 to 5pm

Remodeling Trends

Vanity Trends Go Clean & Green, Yet Personalization Remains Key

While clean lines and clutter-free styling continue to impact the bath - particularly with regard to vanities and storage cabinets - that doesn't mean consumers are willing to give up on personalization. Rather, today's consumers are seeking vanities that offer a custom look, with scaled down details and innovative storage solutions. Below are some of the hottest trends in bath vanities:

• Demand for non-traditional storage options continues to grow as consumers seek ways to personalize their bath retreat.
• Furniture styling remains in high demand, though style trends run the gamut from minimalist modern to nostalgic traditional to Arts & Crafts.
• As budget-conscious homeowners increasingly remodel in the bath's existing footprint, rather than expanding the space, smart storage becomes more important than ever, with interior features that help organize clutter hot right now.
• Finishes are running the spectrum from natural, to deep rich chocolate tones, to painted, with distressing still popular.
• Maple, cherry, oak and alder remain in demand, though some greener choices, such as bamboo and lyptus wood, are seeing a growth spurt as part of the eco-friendly trend.
• More value-conscious consumers continue to impact the market, with demand for clean, streamlined vanities that offer quality construction and attractive styling without breaking the bank.

Aging in Place:
The Five Key Risks All Retirees Face

Over the next twenty years, roughly 79 million Americans will cross the threshold to retirement, joining the millions of folks that are already retired. Welcome to what we call "Generation R". The Retirement Generation. In my years of retirement research, I've identified five common risks that all retirees face. These are detailed in my new book, "Generation R: A Retirement Nation at Risk." Several of these risks defy conventional retirement wisdom, so pay attention. It's important that current and future retirees take heed - for any of these risks can seriously compromise a long, rich, and rewarding retirement lifestyle. Here they are:

Outliving Your Assets
This new generation of retirees will live longer than any other generation in human history. In 1970, the average age of retirement was 65, and on average, you expired at around age 72. Today, the average age of first retirement is 58, and many will live into their 90's. We've essentially quintupled the amount of time we spend in retirement, and sadly many people aren't prepared for it. According to the annual Metlife Retirement Survey, the average person plans for just 19 years of post retirement living. Ensuring that you position your retirement assets to support you for the long haul should be a critical element of your planning.

Inflation
First, let's define this. Inflation is nothing more than the rise in cost of goods and services, and it's been a constant since time began. When you retired at 65 and died at 72, a 3% annual inflation rate probably didn't concern you. However, 30 years in retirement with a 3% inflation rate is a different picture. If inflation averages 3% for 25 years, you'll need twice as much money just to maintain your current standard of living. So, a $75,000 per year lifestyle will cost $150,000 by 2034. Don't let inflation sneak up on you and compromise your retirement lifestyle.

Poor returns
In the past, conventional wisdom dictated that you place all your assets in "safe" investments like CD's and bonds when you retired. These investments typically carry lower returns due to their focus on preserving principal. But, when you factor in inflation, taxes, and a reasonable rate of withdrawals to support yourself, you'll find that these instruments may not last for a 30 year retirement. You might run out of money. Investment returns that at least offset inflation and taxes are a critical component of any long term retirement strategy. You should invest accordingly.

Healthcare expenses
Here's the big one. Medical advance and better healthcare have cured many of the ills that caused premature death, but they haven't cured all the things that make us sick. The Center for Retirement Research at Boston College projects that by 2030, as much as 35% of your after tax dollars could go to support your healthcare needs. You'll need a solid primary healthcare plan and a long term care strategy in case you or a spouse need long term care, which is not covered by Medicare. (Many mistakenly believe it is.)

Taxes
The traditional notion held that your taxes would be lower in retirement than in your working years. Based on the current state of our economy and our budget deficit, I would suggest this is faulty thinking. You'll need to carefully manage your tax bills in the future through prudent strategies to pay as little in taxes as is legally required of you. Every dime you pay in taxes is a dime out of your retirement funds. In a future article, I'll provide the antidote for each of these risks. Until then, best of luck in your retirement planning!

Jeff Helms is a certified retirement coach and the founder of Reinventing Your Retirement, a retirement education program designed to educate individuals on retirement issues, challenges, and solutions. An accomplished public speaker, Jeff addresses audiences throughout the nation on the changing retirement landscape.

Jeff is author of two books on retirement. His latest book, "Generation R: A Retirement Nation at Risk", details the coming retirement challenges our nation faces and provides readers with insights they will need to succeed in planning for their retirement. He has been featured on Nightly Business Report, and was recently appointed to a statewide task force examining retiree issues by the Chief Financial Officer of Florida

He serves as a pension trustee for the City of St. Augustine and also manages a retirement planning and consulting practice serving clients throughout Florida.