Page 10 - Jupiter Spotlight - August '22
P. 10

Page 10, Jupiter Spotlight


        Financial Focus                                  South Florida Fair Names New



        When Can You Choose                              Officers And Hall Of Fame Members

        Retirement?                                        The South Florida Fair recently held its
                                                         annual meeting and announced a new slate
        By Sally Sima Stahl                              of  officers.  Former  Palm  Beach  County
          If you’re like most                            Administrator Bob Weisman has been named
        people, your work has been                       the new chairman of the Board of Directors.
        a central part of your life.                       Joining  Weisman  are  Vice  Chair  Becky
        So, wouldn’t it be nice                          Isiminger, Treasurer Theresa LePore, Secretary
        to have the flexibility to                       Paul Allen, Immediate Past Chair Dennis Grady,
        decide when you no longer                        President and CEO Victoria Chouris and General
        want to work?                                    Counsel and Assistant Secretary Lance Fuchs.
          Many people of                                   Three new directors also were named: Jessica
        retirement age have                              Clasby,  senior  director  of  public  relations,
        achieved this type of                            Florida Sugar Cane League; Todd Bonlarron,
        control. In fact, two-thirds                     assistant  county  administrator;  and  Bill  New board members Bill Johnson, Todd Bonlarron and Jessica Clasby
        of workers ages 65 and older say they work primarily because   Johnson, retired director,
        they want to, not because they have to, according to a 2021   Palm  Beach  County
        study by Edward Jones and Age Wave. But that means   Emergency Management.
        that one-third of workers in this age group feel financially     Glenn Jergensen, who
        compelled to work. This doesn’t necessarily mean they   has served as the executive
        dislike the work they do — but it’s probably fair to say they   director of the  Tourist
        would have liked the option of not working. How can you   Development  Council  for
        give yourself this choice?                       eight  years,  was named  a
          You can start by asking yourself these questions:   trustee. Patrick Franklin,
          • When do I want to retire? You’ll want to identify the   president and CEO of the
        age at which you wish to retire. You may change your mind   Urban League of Palm Beach
        later and move this date up or back, but it’s a good idea to   County and Robert Shorr of
        have a target in mind.                           Accurate Farms and mayor
          • What sort of retirement lifestyle do I want? When you   of Loxahatchee Groves also  Former Palm Beach County
        retire, do you anticipate staying close to home and pursuing   were named as trustees.  Administrator Bob Weisman   Hall of Fame Committee Chairman Sam Ellington inducted
        your hobbies or do you hope to travel the world? Would     During the meeting, the  has been named the new   volunteers Bernadette Caccetta and Terry Schultz.
        you like to spend your time volunteering? Open your own   fair also announced its 2021  chairman of the Board of
        business or do some consulting? Clearly, some of these   inductees into  the South  Directors.       The fair’s Hall of Fame
        choices will require more resources than others, so you’ll   Florida Fair Hall of Fame,            Committee  also  instituted
        want to follow a financial strategy that aligns with the   which was established in                an  Honored Volunteer
        retirement lifestyle you intend to pursue.       2004. It was created as a                         award to individuals
          • Am I saving and investing enough? As you chart your   means of honoring those who              who have volunteered
        course toward your retirement journey, you’ll want to assess   have greatly contributed to         a minimum of 10 years
        the sources of income you’ll have available. If you think you   the success of the nonprofit       and go above and beyond
        may be falling short of achieving your retirement goals, you   organization. There are three       during the course of the
        may need to consider saving more.                categories:  Leadership,                          year, especially at fair time.
          • When should I start taking Social Security? You can   Honored Volunteers  and                  Volunteers Bernadette
        begin collecting Social Security benefits as early as 62, but   Business Partners.                 Caccetta and Terry Schultz
        your monthly payments will be much bigger if you wait until     Rick Vymlatil,  former             were both honored.
        your “full” retirement age, which will likely be between 66   employee since the early             Additional volunteers
        and 67. Your decision about when to take Social Security   1980s and president                     who were recognized were
        will depend on several factors, including your other sources   and  CEO  of  the  South            Cheyenne  Tavares,  who   Former South Florida Fair
        of income and your family history of longevity. Of course, as   Florida Fair from 2004             was given an Agriculture   President and CEO Rick
        you’re probably aware, the Social Security system is facing   to 2019, was named in  Cheyenne Tavares, a South   award;  Donna  Blackwell   Vymlatil and Life Trustee
        significant financial stress, so it’s possible that we may see   the Leadership category.  Florida Fair volunteer, was   received a Guest Services   Annis Manning were inducted
        changes to Social Security, based on actions Congress could   During  his  tenure  with  given an Agriculture award.  award;  and  a Yesteryear   into the South Florida Fair’s
        take. In any case, you might want to be fairly conservative   the fair, he demonstrated            Village award went to   Hall of Fame.
        in estimating how much Social Security can contribute to   outstanding leadership qualities and provided strategic   Brenda Kilgore.

        your retirement income.                          direction. Among the accomplishments under his      The South Florida Fair is produced by the South
          By addressing the above questions, you can get a clearer   leadership, the use of the Expo Center was expanded for   Florida Fair and Palm Beach County Expositions, Inc., a
        sense of when you might reach the point at which work is   off-season events and the financial stability of the fair   501(c)(3) nonprofit organization, and has a longstanding
        optional. But you’ll also need to consider other factors, too,   was greatly increased.            tradition of raising funds for educational and charitable
        such as how much you enjoy working or when your spouse or     Life Trustee Annis Manning Franklin was inducted in   purposes. Located at 9067 Southern Blvd. in West Palm
        partner is planning to retire. In any case, the sooner you start   the Leadership category. Her commitment, involvement   Beach, the 2023 South Florida Fair will kick off with
        planning for this next phase of your life, the better position   and general passion for the South Florida Fair began long   its Ride-A-Thon at 5 p.m. on Jan. 12 and the full fair
        you’ll be in when it’s time to make the transition.   before becoming a member of the Board of Directors.   will be held Jan. 13 to Jan. 29. For more information,
          This article was written by Edward Jones for use by   Many aspects of the fair, including vendor relations, have   call  (561)  793-0333  or  visit  the  website,  http://www.
        your local Edward Jones Financial Advisor, Edward Jones,   improved because of her involvement. She also is involved   southfloridafair.com.
        Member SIPC.                                     with school tours, Spookyville, Summer Camps, Sweet                        Photos by Sienna Huebner
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