McBeath Financial Group - November/December 2021

There are a few sights synonymous with the holidays. Twinkling lights, fresh snow, glittering Christmas trees, and neatly wrapped presents all evoke holiday spirit, but if you listen carefully, you can almost hear another distinct sign that the holidays are here. ‘Tis the season to see and hear bell ringers for The Salvation Army. If you carry cash or still shop in person, you may drop a few bills and coins into their buckets. I wouldn’t be surprised if we had regular donors reading this newsletter; I’ve learned over the years that my clients are generous people. I feel very fortunate to know and work with you. Year after year, I see my clients’ generosity displayed when we host the Toys for Tots collection bin. I’m overwhelmed when I see the boxes overflowing as they are collected by our local Marine Corps Reserve volunteers and distributed to children whose parents or guardians cannot afford to buy gifts. It’s an easy way to ensure the magic of Christmas is kept alive for everyone. We have anticipated this wonderful event since last year. Our faith and compassion for humanity compel us to help others whenever we are able to, and becoming a Toys for Tots drop-off location is one simple way we can do so. Whether you drop cash in The Salvation Army buckets, donate to Toys for Tots, or do something entirely different, the opportunities to give back are abundant throughout the holidays. But this doesn’t have to be the only time you give back — especially if you are retired. There is tremendous value to your happiness and community success when you volunteer in retirement. Age Wave, which examines aging populations, found that if every retiree volunteered just over three hours per week for 20 years, that could translate into an additional $6.8 trillion in efforts for society. How powerful is that? Their studies also found retirees want to do more! And let’s not forget the personal benefits that come with volunteering, including increased socialization and staying active. According to the Centers for Disease Control and Prevention, this can combat loneliness and isolation, which are categorized as major health concerns for aging populations and can exacerbate risks or symptoms of dementia, heart disease, and other chronic conditions. Volunteering has also been shown to have mental health benefits and improve personal connection to the community. Regardless of how you choose to give back this holiday season, if you can, I hope you find a way to turn that action into a habit. Giving back is a strong way to create a better community and a greater retirement. Happy holidays! —Krista McBeath Try Volunteering! Want More Out of Retirement?

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