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More on Teaching ESL

Hi:

One consideration about teaching ESL is the country whre you are teaching. There are a few hints that might make your experience more satisfying.

As an example, I spent a wonderful evening with three young teachers in the little town of Cahuita, Costa Rica. It's a pretty primitive town, and as we sat under the thatched roof of the open-walled restaurant, they shared their experiences. We heard interesting chirping sounds all round us as we enjoyed our rice, fish and beans.

These kids were young, just-graduated from university, and eager. They were having the time of their lives, getting teaching experience, living out on their own and enjoying the fantastic beauty of Costa Rica. But in fact their experiences were of living in small villages with poor families. They had little privacy, meager, boring meals and little intellectual stimulation. Their pay was poor.

As I listened to their tales, I realized I would not like to be there. It was a great opportunity for them, but not for someone experienced and needing more.

I know of others who end up all over the world in small towns, living a plain, almost subsistance living difficult conditions. I think it's a great way to start, but not to finish.

However, if I was to consider teaching ESL, I would want to go to a city with cultural significance. I would want to spend all my spare time looking the architecture, visiting the galleries and soaking up the atmosphere. I would also want to have my own place where I could write and attend to all the other things in my life that matter to me.

Another point of teaching in remote places is the opportunity, or lack of it, to travel. A friend of mine teaching in Greece used her weekend and holidays to see all of Europe. She used her area as a springboard for extensive exploration. That would be more satisfying to me.

By the way, the lovely chirping sounds I heard as we ate - rats. It did spoil my mood.


M.

Cheap Fares to Europe for Two Pounds

HI:


Well, after 29 days of rain in January, and a record amount of rainfall I was happy to see the sun for a short while. Then the winds hit last weekend - there were lots of power outages. The cold seems to go down to my bones.

If you are thinking of getting away, as I know many of us are, lookat ryanair.com. They have incredible fares.

Right now they have specials under two pounds. Some are free or five pence, whatever that comes to.

The taxes come to more, but I just got a quote of two people from London to Barcelona and back for 105 pounds, including taxes. I think that's about $225 Canadian.

Flights to London are often on special. London is one of the hub cities of the world, and one key to cheap travel is to check flights from there to where you want to go, not from your city.

Another hub is Miami. So, if you want to go to Panama from here, for example, it can be quite expensive.

But if you check prices from Miami to Panama there are savings to be had. And Miami is another city that often is featured by airlines for special deals.

Something to think about, especially in this weather.

M.

retirement, travel and money

Planning on Using Home Equity to Fund Retirement?

Hi:

Well, with real estate prices up world-wide, those people who own real estate are feeling pretty good. Depending on where you live in this world, considerable appreciation now gives you more options upon retirement.

If you are planning on staying in the same market area, the discussion on garnering appreciation can be somewhat academic. To trade one house for another won't make much difference, unless you either move much further out or downsize appreciably. Even downsizing to a modern urban highrise might yield less space, but the costs of that convenient and trendy location might be comparable or more than your current house.

Think that real estate in Canada's two major centres of Vancouver and Toronto are out-of-sight? Get on the web and check other major world cities. Paris has apartments at $1,500 per square foot, and homes in Spain, Portugal the U.K. and are up there in the stratosphere also.

The fact, parts of Vancouver are now internationally priced. If people have a few well-placed homes around the globe, Vancouver might be where they spend a few months a year. We have been ranked time and again as one of the best cities to live in, although the weather over the last month gives me pause.

Not to despair though. Most of B.C. is reasonably priced.

My main concern is the several million baby boomers living in Saskatchewan, Manitoba, Ontario and Quebec who want to escape their winters. Watch out for the avalanche!

M.

Emotions Around Retirement

Hi:

How do you feel about retiring? It seems that this question evokes a wide array of emotions.

Some people can hardly wait! They are looking forward to the days ahead with anticipation. Actively planning their next stage, they surf the web, borrow dvd's of exotic places to visit and talk about it - a lot.

I've met some who say they have three years, four months, seven days, and then look at their watch and tell me the hours and minutes until they retire. That seems a bit macabre to me. Is it anticipation or putting in time in a job they hate? I think it's the latter and I somehow think they might be disappointed in retirement.

More on this tomorrow.

M.

Women Retiring Differently

Hi:


A Vancouver Sun article March 28,2006 describes how women retire for lifestyle reasons.

Based on research done by Lynn McDonald of the University of Toronto, this Canadian study examines how baby-boomer women will change retirement forever.

With many baby-boomer women working for their entire adult lives, many now have options which in the past were unfathomable. The report describes women's retirement as "amorphous and fluid".

By "amorphous and fluid" it appears that women are choosing to retire when they want or need to based on personal or family needs. They may also retire and then at a later date go back into the work force.

The driving force behind this "fluid" retirement date is in part caused by their family life in general, and in particular their caregiving role. In the early years, women opted out of the work force to care for their children, and now they are doing the same for their aging parents.

There are positives and negatives to this of course, but the main message is that women now do have choice and are managing their lives according to their needs.

Mahara Sinclaire









retirement

More about emotions around retirement

Hi

One of the best things to do with your emotions if to define them. This is true of most things, and also important with this issue. If you walk around feeling vaguely uneasy, or unhappy, and you have not defined why, it lurks in the bad corners of your mind. It's always there, under the surface, and distracts to various degrees.

Once you have defined what's bugging you, you can then do something about it. Of course we are talking about the more unhappy emotions. The first thing is to assess what areas are deficient. Then, when you see what the issue is, you can start to think about solutions.

It has been said that defining the problem is half-way to solving it. If you do not have any interests outside of work, you can start to look around. If you don't have enough money, you begin to think of how to make more, or about a part-time job you could take once you retired.

If your relationship is shaky, maybe now is the time to start discussing it with your spouse, not when you retire.

You get the point. As you move from problem to solution, all sorts of ideas open up.
Problems are the past and solutions are the future. Your energy will grow and inspiration will move once you go in different directions.

There is one quote I love, and it is, "One hour of action is worth ten hours of navel-gazing." I don't know who said it, but it's true.

Who cares who wronged you or what other people think? Is it worth holding on to past grudges? You are the one who is suffering from a negative state of mind. Why let the past impact the future?

This is your life and the more you get out and get going the happier you will be.


Go for it.

M.

Retirement and Expats

Hi:

Well, how do you do it - become an expat, that is.

After you have applied and been accepted, there will generally be some time before you actually start the job. This is where you have to get busy!

What are you going to do with your belongings? Of course this depends on how many you have and what your personal relationship status is, etc.

In the simpliest case, if you are single, and rent, it is relatively easy. You can organize a container and leave.

The moving companies now have wonderful systems in place. They basically load your stuff into a container and store the container. It is not unpacked and repacked. It is simply locked in a warehouse. When you return you get your container back.

I had the full contents of a two bedroom apartment stored for around $250.00 a month. I didn't think that was an exhorbitant price.

If you have a house or apartment to rent, you need to make decisions about where you will rent it furnished or unfurnished. It is also wise to get a property agent, to whom you will need to pay about 10% of your rental income. They can handle any issues. Specifically stipulate the handling of marijuana grow-op inspections.

If you want to do a short term contract to try it on for size, it might be just as wise to find a friend, family member or other contact and leave your house intact. However, you would need time off to come home and get it organized if you wanted to stay.

This all points in one direction. Now is a good time to get rid of things you won't or don't need.

If you are finally moving out of your profession, you definitely won't need all the related books, journals and information around it. Have your grown children take their stuff. Cull, sort, delete, hold garage sales. Keep the best and pitch the rest. Time to move on.

More tomorrow about government, taxes and non-residency

M.

retirement and expatriates

Retirement, Expats, and Taxes

Hi:

So what's the deal if you decide you do like living somewhere else? What do you do?

Also, what happens tax-wise if you earn all this money off-shore in another country? Are you liable for tax in Canada if you have not earned money in Canada and been out of the country for the whole year?

The short answer to the second question is yes, unless you have structured your tax situation properly.

If you decide you want to move elsewhere in the world for a variety of reasons, you still have obligations to the tax department in Canada.

Here are a few pointers.

1. Canada taxes on residency, not citizenship. This is an enormous plus in my opinion. The U.S. for example, taxes on citizenship and U.S. citizens who earn over $80K must pay tax to the U.S. for life. I guess it's OK for the vast majority of US citizens who live elsewhere and don't make the $80,000, but Canadians often want to move from here for two reasons: the weather and the tax.

2. Say you have found your place in the sun. The cost of living is low, the community friendly, and you have started making friends, and getting established.
Your next step is finding out what that country's rules are on residency.

Some countries are quite open, while others do not want retirees. They are concerned, and perhaps rightly so, that as you age you will become a burden on their health system.

3. The point is, to be a non-resident of Canada, you must be a resident of another country. Otherwise you are taxed the same as a Canadian citizen living in this country.

4. The government will withhold 15% of your Canada Pension Plan and Old Age Security cheques, which is reasonable in my opinion. Other income may have withholding taxes.

5. The bottom line is that if you can live well in another country and don't have much retirement income, moving offshore can be a good deal. If you have considerable assets in Canada, you will have to pay departure taxes. In both cases you need professional advice.

More on this tomorrow.

M.

retirement and expatriates

Go Slow’s

Hi:

Although many younger people think of retirement in the Go Slow mode, most baby boomers retiring today know they are Go Go’s.

But the Go Slow days will come. This is generally in the mid to late seventies. The prospect of hiking around the world and staying in uncomfortable beds to get a deal or putting up with bumpy bus rides becomes less palatable.

They find they don’t have the energy to go all day, but perhaps would like a wee nap in the afternoon. Medical issues start to take on some importance, especially when they must take medications regularly and “be careful”.

The energy just isn’t there and the step isn’t quite as sure or lively.

Now is the time to stay home more. Working in the garden and enjoying more sedentary pleasures become paramount. Reading, watching TV and socializing are great ways to spend the afternoon.

For Go-Slow’s, tours are ideal. The driver takes care of all the details. Your suitcases are dropped off at your door, and picked-up the next morning. If you want to miss an event, that’s just fine. Also, many tours that cater to seniors of this age have a slower pace. You don’t change hotels every night, but stay in one city for a few days.

If you don’t want to climb up the pyramids or the ruins of Tikal, you do not need to. You can just enjoy the view.

The Go-Slow days will come for many of us. This is the true retirement.

M.

Why become an expat?

Hi:

Why would anyone become an expat? I don't think it is what people start out looking for, but something that people fall into as a lifestyle.

For example, I know of several people who went to work in Dubai, as post-secondary educators.

The money was not great but OK, say around $60,000 a year. However, considering that this was tax-free income, the money offered seems much more attractive that the same amount here.

Of course people had to structure their tax situation properly to get it tax free.

Besides that, these individuals received a $10,000 furniture allowance, paid-for accommodation, a round-trip air ticket back home once a year, and the usual two months' holiday. At this point things did look considerably better.

Expenses consist of food and personal items. They could bank say, $50,000 per year, or $100,000 per year as a couple. Suddenly it becomes possible to save half a million dollars in five years.

Besides that, the close proximiity of the middle east makes foreign travel in that part of the world more accessible. People spend part of their holidays in exotic places and take short weekend jaunts to Paris or Barcelona.

It adds up to a stimulating and challenging lifestyle.

All this being said, the dangers of the middle east were not what they are now.

Would I do it today? Good question. The point of this example is that there are opportunities, with short windows, for those that are brave.

More tomorrow.

M.

retirement and expatriates

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