Tuesday, April 28, 2009

April 28

Last week, my university was on Spring Break. We align our two "vacation" weeks in the second semester with the public school vacation schedule for Maine.

I spent two nights and three days at a spa retreat at the Cliff House in Ogunquit, ME. (see photo) I've been doing this for the past three years with a good friend and colleague. It is an annual event that I look forward to. A hot stone massage gives one a different perspective on things - momentarily, at least!

Today I have a meeting with a rep from TIAA-CREF. I want to review (once again!) my income options. Seems like this should be an easy decision, but I can complicate it pretty good. Given the current state of our economy, the choice of an income option becomes a bit more complicated than say a year ago.

I continually seek the advice of my financial team which is composed of my financial adviser, my accountant, and whichever TIAA-CREF rep comes to campus. I think the bottom line for me is to not lock myself into any options that I cannot change in the future.

We are looking more spring-like here in this part of Maine. The temperatures have greatly improved...we'll be in the the low 70's today. Days like this make it easy to think about the fun parts of retirement...kayaking and playing golf, in particular

Stay tuned.

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