Michael D Karos Jr John H Kirk Janet R Meyer Patsy A Clark Dorothy J Schroeder Broncos trample the G-Men, 73-40 Rockets down the Devils, 59-55 Seven new inductees to enter WBHS Sports Hall of Fame Lady Warriors ascend to 13-1 Broncos finish 2nd of 22 teams in Hammer and Anvil Invitational Hedwig Lambert Billie G Walkup Some county offices may be moved G’town Council approves 2017 budget Family doubles in size with adoption Sardinia Mayor looks forward to 2017 2017 Fayetteville Firemen’s Festival set Floyd Newberry Jr Donna F Lang Gene Warren Dwight L Fulton Virginia A O’Neil Anne L Durbin-Thomas Marietta Dunn Charles L Latchford Broncos win ‘Battle of 32’ Lady Broncos claim win over Bethel-Tate Jays top Warriors, fall to Mustangs Lady Warriors claim top spot in SHAC with win over Lynchburg-Clay Broncos buck the Lions, 54-51 James N DeHaas Questions still linger in Stuart explosion New direction for Brittany Stykes case New public safety director now on duty in Brown Co. Fayetteville Mayor anticipates a good year for the village Chamber of Commerce announces awardees Robert Bechdolt Carl E Lindsey Audrey F Maher LeJeune Howser Tammy L Connor Henry C Mayhall Jr Chad Spilker Frank W Kemmeter Jr Wanda J Howard Dorothy Huff Colon C Malott Eastern varsity teams come out on top to capture Brown County Holiday Classic crowns WBHS Army JROTC hosts rifle shooting competition Bronco varsity wrestling team unbeaten at 8-0 Blue Jays finish 1-1 in Ripley Pepsi Classic Mona G Van Vooren Hiram Beardsworth Avery W McCleese Ethel E Long Children learn safety from ‘Officer Phil’ Microchips can help locate lost pets Local GOP plans trip to Washington Three sentenced in common pleas Estel Earhart Roy Stewart Tenacious ‘D’ leads Lady Jays to victory over Blanchester on day one of Ripley Pepsi Classic Fayetteville’s Thompson, Jester earn SWOFCA All-City honors Jays fall to Blanchester on first day of Pepsi Classic Ticket details announced for OHSAA basketball and wrestling state tournaments Jerri K McKenzie Randy D Vaughn Georgetown JR/SR high to have new library Georgetown saw many improvements in 2016 Three sentenced in common pleas court Esther O Brown G-Men go on scoring rampage for 77-41 win over Cardinals Warriors climb to 4-2 with wins over West Union, Lynchburg Rockets top Whiteoak for first win Shirley M Bray Carter Lumber closes in G’town Wenstrup looks forward to 2017 Seven indicted by county grand jury John Ruthven holds pre-Christmas Open House New pet boarding facility now open in Georgetown Denver W Emmons Carl W Liebig Mary L McKinley Blake C Roush Louis A Koewler William D Cornetet Western Brown dedicates Perry Ogden Court Lady Warrior win streak hits 5 Lady Rockets wrap up tough week on the hardwood Barons rally for win over Broncos Georgetown to hire two paid Firefighter/EMT’s Noble receives statewide law enforcement award County helps family in need after house fire Flashing signs banned in G’town historic district ‘Christmas Extravaganza’ at Gaslight Thelma L Ernst Roy L Bruce Ken Leimberger Cathye J Bunthoff Lending a holiday helping hand

Know the impact of retirement goals

The concept of “retirement” has changed dramatically in recent decades. Today’s retirees are traveling, volunteering, pursuing their hobbies — and even working for money. In fact, as a retiree, you can essentially do anything you want, as long as your health and finances permit it. Through exercise, proper diet and avoidance of bad habits, you can do a lot to stay physically healthy. And by clearly identifying your retirement goals and estimating their financial impact, you’ll know how to stay “financially healthy” throughout your retirement years.

So, what are your retirement goals? Here are some of the more common ones:

Travel. Many people can’t wait to see the world once they retire. If you’re one of these eager travelers, you’ve got more choices than ever. Programs such as Road Scholar (formerly known as Elderhostel) provide educational travel programs to virtually every area on the planet. And, of course, you are free to journey on your own. But however you decide to hit the road, you’d better bring your wallet — because travel is expensive. One way of dealing with these costs is to place a certain amount of money each year in a liquid account that offers significant protection of principal. Set aside enough money to cover all your travels for a year, and when it’s exhausted, you’ll know it’s time to stay home for a while.

Rent or buy a second home. During retirement, many people like to spend a few months each year in a more pleasant climate or in a location nearer their grown children. If you are considering a second home, you’ll need to decide whether you want to rent or buy. You’ll find considerable differences from a financial point of view, so you’ll want to think carefully about your choice.

Pursue your hobbies. While you were working, you might have wished that you had more freedom to pursue your hobbies. Once you retire, though, you’ll probably have a lot more time to do what you like, whether that’s driving your classic car, painting landscapes, golfing, fishing, building furniture — whatever. Be aware, however, that some people do get over-exuberant and spend more money on their hobbies than they can really afford. So have fun with your pursuits, but set a budget — and stick to it.

Get back to work. Upon your formal retirement, you may decide to do some consulting or open a small business. Any wages you receive can greatly improve your retirement income picture. For example, the more money you earn, the less you’ll have to take out each year from your 401(k), IRA and other retirement plans. (You will have to take at least minimum withdrawals from some of these accounts.) Plus, if you make enough money, you may be able to postpone Social Security for a few years, thereby increasing your monthly payments when you eventually start taking them.

As you can see, your retirement goals will be closely tied to your finances. So think carefully about what you’d like to do when you retire — and connect these objectives to the money you’ll spend and the money you may earn. By being aware of both your dreams and your “bottom line,” you should be able to enjoy the retirement lifestyle you’ve envisioned.

Jim Holden is a local Edward Jones Financial Advisor in Georgetown.

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2016 News Democrat