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THIS WEEK IN REVIEW .... November 29, 2012
This weeks Reporter- Don Smith

news_l3.gif Tom Fry       news_l4.jpg  Norm Schillo      news_l5.gif  Rev. Robinson

Guests: n/a

Fines:   Peter was fined for being interviewed on TV the other night and not mentioning Sertoma.

Announcements:  Rev. Robinson update: He’s back and looking pretty well.

Tim said there are some errors in the recent directory listing he passed out. Let him know soon if you find any so they can get a correction sheet out. He also mentioned time is running out to get tickets to see the house in Castle Rock with 40 decorated Christmas trees. This is an event by Ruth’s sorority. Cost is $10 and time is 10am-2pm this Sat. Contact Tim for info.

60th Anniversary/Christmas Dinner Dec. 14th Miley read off a list of attendees and you need to get paid up if going. See Dave or Orian if your plans change. Maps and instructions on where to go will be sent out as soon as I receive them.

There will NOT be a Kids Christmas Party this year. We will have a regular lunch schedule for each Thursday this month.

Remember, if you bring in a new member and he stays 6 months, you get Free Dues per new member for a quarter.

Dick Enslow (huh) asked if we wanted to return to Foothills Golf course for our Annual Arapahoe Sertoma Fall Golf Classic in 2013…If so, he will get it scheduled before they aerate.

Tim reminded all about the E-mail Ken Kelley sent out yesterday, asking for volunteers for the Chamber parade this Saturday.

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news_l6.gif SERTOMAN OF THE DAY:

Sertoman of the Day:   Jim Rees was born in Springfield, Illinois on 14 June 1933, but was raised in Bloomington. He went to the Univ. of Illinois for 4-1/2 years. While there he got a draft notice and because he was in the Air Force ROTC program he was allowed to continue provided he graduated, otherwise the Army had a rifle for him. Graduated and in May of 1956, started pilot training in Arizona. Shortly after finishing that part of his training, the Air Force closed the base. Two days after receiving his wings he married Jo in Fort Worth, Texas. The balance of his flight training was at Goodfellow AFB it was closed to major flight operations. In Sacramento he flew RC-121 radar planes.


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He left the service in July 1960 and went to work for Underwood-Olivetti and in 1962 moved to Denver for 6 months then to Colorado Springs as branch manager. They closed that office and he moved back to Denver to work for Xerox, then was transferred to Houston as a manager. During which time McClellan AFB in Sacramento was closed to major flying operations. He moved back to Denver in June of 1969 and got into real estate with a couple of former Xerox friends, then went out on his own and has been since 1975.

Jim and Jo have been married for 54 years; have 2 children, a son and daughter and several grandkids. Jim was brought into the club my Bob Stein on Feb. 2005, sat on most chairs and was a President. Listen to Jim Rees.mp3

rogram:  Bob Schlageter introduced Peter Lengsfeld from Presidential Brokerage Inc. Peter came today to talk about Financial Hurdles in Retirement.

Peter, along with his helper Tobias, had a paper version of a power point slide show that was passed out to all to follow along as Peter described all the charts and things. The title of his presentation was “Is Your Financial Planning Robbing You Of Your Wealth and delt with how inflation may be eating up more of your retirement than you had planned on.

The Fourth Edition of the American Heritage Dictionary of the English Language defines inflation as, "A persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money, caused by an increase in available currency and credit beyond the proportion of available goods and services." Basically, inflation makes goods and services more expensive and decreases the value of your money.
When you are working – your wages generally rise as the costs of goods and services increase. Your earnings "keep pace with inflation", so normal inflation is not generally a big concern. However, when you are living off of savings – inflation literally robs you of income.
Most people underestimate the impact inflation will have on their retirement plans. Even at relatively low rates, inflation is a real thief of buying power over time. Most experts feel safe recommending that individuals calculate their retirement needs using a 3 percent inflation rate. But, it is important to understand that we have seen (as in the late seventies and early eighties) sustained inflation rates of around 10 percent! (http://www.newretirement.com/Planning101/Inflation.aspx)

Two of the handouts can be seen here: A workshop Dec. 1st. on The Nuts & Bolts of ROTH IRAs and Scaling the Fiscal Cliff. You can also listen to Peter Lengsfeld.mp3
Here is a link to some good info on their web site:
http://www.presidentialbrokerage.com/new/tax_trap.html

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Upcoming programs:

Dec 6 - Christina Schmalisch, Ph.D., Hoarding and downsizing
Dec 13 - Jay Tinglum, The Hear Project
Dec 20 -
Dec 27 - Al Smith, Memory Improvement--How to remember names, numbers, and lists


List of future programs        Past programs.pdf
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 pot2.gif        Dick Enslow       dollars.gifRev. Robinson

Upcoming SOD list
Dec 6 - Jim Robinson
Dec 13 - Norm Schillo
Dec 20 - Bob Schlageter
Dec 27 - Don Smith

(BOD means Board of Dir. meeting) ***************************************************************

Click here for a printable version PDF             Club's 50yr Proclamation
   Editors notes:     If you want an electronic copy of the Roster,  
  send me an e-mail.     DonSmith@Arapahoe-Sertoma.org

Sertoma Application form: app.pdf       Recruiting Manual     
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New club photo page: http://www.arapahoe-sertoma.org/photos/index.html
www.SertomaColorado.com
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If you have an old vehicle you want to donate, checkout Cars for C.U.R.E.
Goto www.projectcure.org/carsforcure or call (720) 490-4009