Bryan Christensen held his own in his first shot as acting president!
President-Elect Bryan Christensen led the meeting in President Jim’s absence.  Joy Taylor led the pledge of allegiance and Jeannie Hill lead the invocation.
No visiting Rotarians joined us for this week’s meeting, but we were privileged to welcome three guests:
Genette Simmons - America's Credit Union
Brian Paige - TACOMA Towing
Bruce Barth - from the bull mountains in Montana
For the sunshine report, Karen George informed club members that Kathie Maxwell continues through the recovery process, she’ll be seeing a neurological psychologist to help respond to memory loss.  David Cotant further updated that group that wife Judy’s father, Dr. Warren Cronkite, passed away two weeks earlier and a memorial service is scheduled in Everett.
Tom McClellan reminded Rotarians of future programs:
Oct. 14 - Special Friday meeting with the Lakewood Club, for the District Governor's visit
Oct. 19 - Becky Newton, Lakewood Economic Development
Oct. 26 - Alan Billingsley, Guatemala Stoves Project
Joy Taylor invited Karen George to the front of the room, where Joy formally presented Karen with a framed certificate, medallion, and pin for becoming a Paul Harris Fellow.  General Bill Harrison bestowed this honor on Karen, designating his latest Paul Harris Fellow award level in her name in order to honor her and express his appreciation to her for upholding the ideals of Rotary.
Joy also recognized Bonnie Kern with a pin for becoming a major donor to Rotary by contributing a total of $10,000 or more (lifetime) to Rotary International.
Sheri Hodson showed pictures she took with Flat Paul, related to the work she’s participated in at Tyee Park Elementary over the past year and the Lakewood Playhouse fundraiser.  She’s still considering who the next person will be that she invites to a Rotary meeting.  It could be a challenge to find someone with as much commitment and enthusiasm as her last invitee - Joy Taylor.
General Ed wasn’t present for the day’s fun and fines, nor Alan Billingsley, nor Heidi Wachter, who together comprise the Fun and Fines Committee.  So by unanimous club acclamation, Marie Barth agreed to fill in, owing to her lengthy résumé of experience participating in the Fun and Fines regime. 
Alice Peeples ratted on Jeannie Hill, who talked about her recent performance with and the financial challenges of the Northwest Symphonietta and the fact that the organization has not been able to pay orchestra members.  Fred contributed money to help the cause.
David Cotant paid $10 for his 5th year wedding anniversary ($5 each for Judy and Dave)
Randy Black made good on $25 Wachter he owed, then contributed more for an east coast journey and the purchase of a new house ($100 total). 
Judge Grant Blinn - Paid $100 due on Wachters and should now be paid up.
Karen Fengler Nichols ratted on her sister Anne Winters who spent 10 days in Hawaii for their 25th anniversary.  Anne contributed an appropriate amount to cover both special occasions.
Marie Barth also joined the confessions by telling club members about a bank building that she and Bruce bought in Roundup, Montana that has three stories and three vaults.  Renovation plans include living space on the top floor and a distillery in the basement for future moonshine adventures.  $50 to Paul Harris. 
Clover Park Rotary’s own Bonnie Kern captivated the club through her presentation on Managing Retirement Assets.  She decided against using the transparencies she had from her last presentation and instead spoke with us about several key areas of interest to people planning for retirement.  A financial planner since 1983, Bonnie had a great deal of wisdom to share.  A few of the tidbits provided by Bonnie include the following:
  • Longevity is the single biggest change that has occurred in retirement planning.  As of 2014, 72,197 Americans were over 100 years old (a 44% increase over the year 2000). People therefore need to plan for an income stream that will last for 30 years.
  • Spending does not decline in retirement.  Most retirees actually spend the same amount of money each month as they did when they were working.  The only thing that changes is what the money is spent for.  Priorities change from lifestyle to healthcare, as medical expenses increase by about 3 times the rate of inflation. Given that inflation expectation, you should expect to need about twice as much money after retirement to do the things that you’re currently doing. A good rule of thumb is to plan to be able to live on 4% of portfolio per year.
  • Don’t get your financial planning from the press (organized gossip). If investing money for the long time, put it somewhere there is chance to grow.
  • Make sure your estate plan and beneficiaries are up to date. Carry a copy of your medical power of attorney in your luggage when you travel.
Raffle - Alice Peeples had the lucky ticket, but could not draw an ace from the brand new deck. $5.
And finally:
Everyone has heard of Murphy's Law.  But here are some of Murphy's Lesser Known Laws:
Light travels faster than sound. This is why some people appear bright until you hear them speak.
He who laughs last, thinks slowest.
Change is inevitable, except from a vending machine.
Those who live by the sword get shot by those who don't.
Nothing is foolproof to a sufficiently talented fool.
The 50-50-90 rule: Anytime you have a 50-50 chance of getting something right, there's a 90% probability you'll get it wrong.
If you lined up all the cars in the world end to end, someone would be stupid enough to try to pass them five or six at a time, on a hill, in the fog
The things that come to those who wait will be the things left by those who got there first.
Give a man a fish and he will eat for a day. Teach a man to fish and he will sit in a boat all day drinking beer.
Flashlight: A case for holding dead batteries.
The shin bone is a device for finding furniture in a dark room.
A fine is a tax for doing wrong. A tax is a fine for doing well.
When you go into court, you are putting yourself in the hands of 12 people who weren't smart enough to get out of jury duty.