Monthly Archives: June 2010

5 Tips for a debt free retirement

by Robin Williams [guest author]

If you are among those Americans who are on the other side of 40 and still don’t have a secured retirement planning to lead a debt free life, don’t fret. You are not the only one who has retirement round the corner. Knowing that you are taking some small steps towards your debt helps to relieve tension and secure a debt free retirement. The period after retirement is often called golden years but these years won’t seem to be “golden” if you are overburdened with huge debts to pay off during retirement. Follow these 5 smart tips to lead a retired life that is free from the bondage of debts.

1. Estimate the cost of your living after retirement: Make an estimate of the cost of your living after retirement. You may save a lot of expenses like your daily traveling costs. If you are confused about how to calculate the cost of living after retirement, then use the online retirement calculator to determine a rough amount.

2. Calculate your savings: This is a very important step where you need to calculate what is available from sources other than your savings. See what the expected Social Security benefit amount is, which you will receive at the retirement age. Use a conservative method of calculation, so that you do not end up overestimating.

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3 more tips for a debt free retirement

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Seven Steps to Super Salads

In retirement, sometimes we get stuck in the past and we are reluctant to change our ways. If you think salads are boring, you might have to retire from the iceberg-lettuce-and-tomato age. Today, nothing could be farther from reality. If you eat salad only when it’s the first course of a restaurant meal, you’re missing out on both great flavors and better health.

First, open your imagination to the concept that anything you can serve on rice or wrap in a tortilla, you can also serve on a bed of greens. This was the number one idea that expanded my repertoire of salads. The taco salad is the perennial example of this, but you can go so much farther! How about a salad topped with a scoop of chili or a mixture of Asian vegetables? Our favorite is fajita salad: grilled onions and peppers with ground turkey and black beans topping mixed greens, served with salsa.

The next step is to think about the greens that form the foundation of the salad. Iceberg lettuce is inexpensive, but it’s also boring and nearly bereft of any nutrition. Instead, use romaine or butter lettuce as a base, and then add deep green spinach, kale, peppery arugula, escarole, or any of the varieties now available. Try including diced celery leaves, which add bright color. Mixed baby greens are wonderful, with the advantage of requiring little or no chopping.
more steps to super salads

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Panama Retirement

We have updated pages on our main site, GreatRetirementPlaces.com. Ever wonder what it would be like to retire in a tropical country like Mexico, Costa Rica, Panama, other Central American countries or Caribbean Islands? Tropical Retirement has some great insight into what challenges you might face retiring abroad. Retire in Panama was written based on our visit last winter; find out what this new retirement destination is like. We write about one community in Panama here in our blog – El Valle de Anton.

Have some comments you’d like to share? We’d like to hear from you.

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El Valle de Anton, Panama

Lovely Flowers in El Valle

Bougainvilleas in El Valle

In January, 2010, we visited Panama. We spent a couple of days in Panama City, a day in the Gamboa area of the Canal, and five days in the small town of El Valle (officially El Valle de Anton). El Valle is definitely one of the most beautiful places in Central America. The town sits in the crater of an extinct volcano that blew its top some 3 million years ago. Hence, the town is situated in a valley with the cloud-forested rim of the crater encircling it. The town itself is lovely, thanks to a number of gorgeous homes and many flowers.

Much of the population is of modest means, similar to residents of other rural areas in Panama. Those who have jobs clean homes, work at the chicken ranches in the hills, operate tourist attractions, or are employed by the hotels and bed-and-breakfasts. There is a thriving ex-pat population numbering close to 200, and the rest of the population are wealthy Panamanians, most of whom live and work in Panama City and come to El Valle on weekends and holidays.

Scenic Street in El Valle

Beautiful El Valle, Panama

The wealthy Panamanians are a curse and a blessing. They create havoc when they are in town (filling swimming pools can exhaust the town’s water supply), yet they ensure that the town’s infrastructure is better than that of most of rural Panama. For instance, when a side street falls into disrepair and the government is slow or unable to fix it, they use their influence or “pass the hat” to bring the street into usable condition.

Although the town population is small (pop. 6900), it is surprisingly spread out. I’ve seen tour books that suggest you can walk to restaurants and El Valle attractions. Perhaps; if you are young and athletic. For the rest of us, a rental car is a necessity. There are some very nice restaurants on Avenue Central, the main street in town. They range from simple open-air places with good Panamanian food to the fancier eateries frequented by tourists and ex-pats. The more upscale restaurants with outdoor dining and great views are at the edge of town along the sides of the crater to afford panoramic views of the valley.

Massiel restaurant in El Valle, Panama

Massiel restaurant in El Valle

Another misconception fostered by tour books and real estate salespeople is that English is widely spoken. Outside of Panama (City), don’t expect to encounter English spoken except by some in the tourism industry. Nonetheless, the people are extremely friendly and go out of their way to help you. I remember the proprietor of the Massiel restaurant in El Valle valiantly trying to explain items on his menu with his well-worn Spanish-English dictionary in his hand. I’m not sure I got what I thought I ordered, but the meal was great and the staff was SO friendly.

If you are interested in tourist attractions in El Valle, I recommend picking up a travel book like Moon Panama (Moon Handbooks) or National Geographic Traveler: Panama. If you visit, be sure to see the produce and handcraft market in the center of the village on weekends, the Orchid Center, and the Chorro El Macho waterfalls, where Linda loved the zipline at the Canopy Adventure.

Golden Frog Inn

Pool & Terrace at Golden Frog Inn

We stayed at the Golden Frog Inn, so named for the area’s Golden Frogs, whose numbers have been diminished by a fungal plague to a few being cared for at a rescue center next to the zoo. The Golden Frog Inn was in a quiet part of El Valle on the side of the crater, with a superb view of the surrounding hills.

Sunsets from the porch at happy hour were to die for. The owners, manager, and staff made our stay there a pleasant one. Becky, the owner and a former resident of the US Northwest, was a tremendous resource and helped me learn about living in Panama, and in El Valle in particular. She arranged for Linda and I to attend an informal gathering of ex-pats at a home in El Valle, where I had the privilege to speak with several North Americans who had made their home in El Valle.

A sunset from the Golden Frog Inn

Golden Frog Inn Sunset

Although they had a variety of reasons for deciding to make their home in another country, the main reasons for living in El Valle were the beauty, people, and climate. From the crater to the pretty town streets, El Valle delights. At 2500 feet above sea level, it was decidedly cooler than the lowlands and Panama City. The ex-pats have created a vibrant community here, becoming involved in many civic activities like recycling, spay-and-neuter campaigns, and more, making the town a better place to live. They stay in touch via phones and the Internet. I became convinced that El Valle might be a great place to retire. Real estate is fairly expensive here, but the cost of living is low by American standards. The climate is near perfect, the scenery breathtaking, and the community inviting. The most modern Central American city is 2 hours away: far enough, but not too far. There you can find everything a thriving city offers, including cultural centers, a large business community, modern hospitals, quality healthcare at a fraction of American costs, restaurants, clubs, marinas, and so much more, with the Panama Canal as both an attraction and a promising economic future for this country.

Is El Valle a best place to retire? Perhaps; but consider that real estate is pricey, it is in a rural region of the country, and there are many cultural differences you need to consider. As several residents told me, “It’s not for everyone.” To become more informed about those cultural differences, please read about Tropical Retirement here on our website.

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Refrigerator Farming

OK, I know it’s a strange title. In a previous life, long before retirement, I was a florist. I’m certain that influenced what I am about to relate.

Because we are retired and we have shopped for groceries for decades, I’m sure we have all, at one time or another, bought a bunch of celery and had it go limp before we could use it all. The same is true of romaine or other head-type lettuce, not to mention asparagus. Well, once upon a time, I decided I wasn’t going to throw out the celery. (Imagine! Me, the queen of retire on the cheap, not wanting to toss perfectly good food.) I decided celery is a plant, and plants draw water, so why wouldn’t celery draw water, as well? So I cut the end (about an inch or a bit more) off the entire stalk, filled a tall plastic pitcher with about four or five inches of water, and plopped the celery down into it. I stuck it back in the fridge and forgot about it.

Lo and behold, when I opened the refrigerator about four hours later, the celery was good as new! I was amazed! The stalks were all firm and crisp, and all were standing up straight. I felt like Superwoman. Ever since then, that is the way I treat celery from day one, and it lasts for weeks.

We have all seen asparagus displayed in grocery stores standing straight up in beds of ice. This is a similar principle, although it works much better if the stalks are in water. Treat them the same way as celery. Cut about an inch off the end of the bunch and place it in a narrow container of water. I find a 4-cup measuring cup works quite well. The asparagus will stay fresh for several days like this.

I had never had to try this technique on lettuce until a few days ago. I bought a head of romaine, and because the produce drawer was full, I laid it on a shelf in the open fridge. Oops. By the next morning, it had gone completely limp. Come on, this was a brand new head of lettuce! So, I cut the end off it and stuck it in a narrow bowl of water (I used my small mixer bowl). By mid-afternoon, the romaine had completely recovered and looked just beautiful. It looked like a giant green rose!

I guess I should explain the title of the article. When my husband came home on the evening of the first celery revival, he opened the refrigerator and commented on my “celery farm.” That’s what we’ve called it ever since—the celery farm.

So don’t throw out any more tired celery, exhausted asparagus, or limp lettuce. Start your own celery farm and reap the savings!

Copyright 2010, Linda Manley

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Breakfast for Dinner

Remember the good old days, when you could start the day with bacon and eggs, toast, and orange juice? Or sometimes you could have pancakes and sausage, french toast, or waffles? For most of us, those days are gone. In retirement, we don’t do the hard physical labor every day that we used to do when we were younger. As a result, we can no longer afford the calories and fat packed into a breakfast like that. Our breakfasts are now lighter and more sensible fare, such as whole grain cereal with fresh fruit.

But if you’re like me, you still miss some of your favorite foods. We solved that dilemma by having breakfast for dinner. At dinnertime, we can afford to eat a few more calories than we can at breakfast. We also have more time to spend preparing such a feast. We all need to think of such a heavy meal as a feast in our healthy retirement, and we must remember that we shouldn’t eat like this very often. Many breakfast meats are nutritional nightmares, containing little more than fat and salt. Bacon and sausage should be eaten sparingly, if at all.

But some of the other dishes have redeeming value, especially eggs. Eggs are excellent sources of riboflavin, phosphorus, and selenium and they contain vitamins A, D, and B-12. One egg contains only 70 calories, although it also contains cholesterol. In a balanced diet, there is room for the cholesterol of an egg: just don’t eat a dozen a week.

One of our favorite egg recipes is a vegetable frittata or omelet. Chop up most any veggies you like—onions, peppers, olives, spinach, tomatoes, broccoli, zucchini, or most anything—and sauté them in a skillet with a little oil. Then stir the eggs. Cook until nearly done, top with feta or shredded cheddar, and pop the skillet under the broiler for just a minute or two. Yum! Serve with a couple slices of whole wheat toast and you have a delicious dinner that goes together in a flash.

We find pancakes, waffles, and french toast are especially appealing when weather is chilly, whether in the winter or on a cool and rainy summer evening. Experiment with waffle or pancake batter that is more nutritious than what you remember. Use whole wheat or buckwheat flour, or add pumpkin, cranberries, or other fruit to the batter. For french toast, use a whole grain bread.

Perhaps the least nutritious part of a pancake is what you put on top of it. Loading it with butter and drowning it in maple syrup (or what passes for syrup these days) turns a nutritious base into a soggy nightmare of sugar. Instead, try topping it with homemade cinnamon applesauce or fresh berries with a dollop of whipped topping. Slice an orange into wedges and serve alongside.

Now that we are retired, we don’t need to give up some of our favorite memories. You can rearrange your favorite breakfast meals and turn them into dinners. End your breakfast-for-dinner with a decadent cup of hazelnut or vanilla flavored decaf, and you have a meal to remember.

Copyright 2010, Linda Manley

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Diet Tips for Seniors

As we enjoy our retirement, we want to remain healthy and active for many years. To do that, we need to eat right, exercise, and be certain we get enough vitamins and minerals. Sounds like what your teachers used to tell you in school, right—vitamins and minerals? The unfortunate truth is that as we age, our bodies become less efficient at both absorbing and producing the vital nutrients that keep us healthy and help our bodies to function at optimal levels. To compound matters, a slowing metabolism reduces our need for calories as we age, even if we stay active. We must make extra sure we eat the best foods we can and take supplements when it makes sense.

We might begin with how we prepare our foods. Most of us have always observed good habits in the kitchen: cleaning our counters, cutting boards, and implements well. The difference now is that many more germs and viruses are around than in the past. The cute little e-mails that circulate and talk about our simpler lives as we were growing up tend to ignore the global connections that are so common today. Our food comes from different continents and passes through dozens of handlers before we eat it. It has picked up germs and microbes that we never dreamed of in our hometowns. As a result, washing fruits and vegetables well and sanitizing cutting boards and other surfaces is important—really.

With that under control, we can turn to the best foods to eat to ensure we get a wholesome supply of nutrients. Think simple and think natural. Loading up your diet with fruits, vegetables, and whole grains is the key to maintaining a healthy diet and healthy body. At least two thirds of your diet should be composed of fruits and vegetables, with the remaining third divided among fish and poultry, whole grains, and sweet treats. Brightly colored vegetables and fruits pack extra doses of vitamins, so envision a crayon box of colors.
more diet tips for seniors

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Healthy Gums and Heart Health

The older we get and the farther we get into retirement, the more we worry about illnesses such as heart disease, Alzheimer’s, diabetes, osteoporosis, and other diseases. If we still have our own teeth, and today more of us have them than ever, we should also worry about gum disease. Researchers have found links between gum disease and each of the other diseases above.

Estimates on the number of adults who have periodontal disease range from 1 in 10 to 50% or more, so we’re not certain how many suffer from the condition. It often involves redness, soreness, swelling, inflammation, and bleeding from the gums. More severe cases can infect the bones and cause tooth loss. Periodontal disease is the accumulation of bacteria called plaque in the gums. The bacteria release toxins that circulate through the entire body. No research has yet shown a cause-and-effect pattern, but the relationship is clearly present.

A study reported in the International Journal of Cardiology compared a group of patients who had a recent heart attack with a control group and found much worse oral health in the heart attack group. Results of a study in the Journal of Clinical Periodontology indicated a direct relationship between gum disease and atherosclerosis, which is hardening and thickening of the walls of the arteries. The more severe the case of gum disease, the harder and thicker the arterial walls. A major cardiac journal and a major periodontal journal simultaneously published a consensus paper, describing the inflammation link between the two diseases and asking both types of doctors to view the body as a whole, rather than as a group of unrelated parts.

A professional periodontist can perform deep cleaning and removal of bacteria from the gums and teeth. The New England Journal of Medicine reported that patients in an intensive gum disease treatment program not only had a healthier mouth, but also showed improved functioning of the blood vessels. In addition to regular dental checkups and cleaning, some foods might help prevent periodontal disease and inflammation.

Results published in the American Journal of Clinical Nutrition showed that men who ate at least four servings of whole grains a day reduced their risk of periodontal disease by 23%. The body digests whole grains more slowly than it digests more refined grains. The slower digestion reduces spikes in blood sugar and inhibits the production of inflammatory proteins, thereby reducing inflammation.

Raisins, although sweet and sticky, contain antioxidants that attack certain bacteria that can cause inflammation and gum disease.

A Japanese study showed that men who drank a single cup of green tea each day significantly lowered their risk of contracting gum disease, and the more tea they drank, the lower was the risk of gum disease. The antioxidants in green tea were credited with interfering with the body’s inflammatory response to the disease-causing bacteria.

Even in retirement, we’re never too old to learn something new about how our bodies function. The link between gum disease and heart disease seems unlikely, but studies continue to reinforce the relationship. We owe it to our hearts to take care of our gums.

Copyright 2010, Linda Manley

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