Take it from an expert
Take it from an expert: Cliff Boldt
What can you expect from life after retirement? We interviewed retired member Cliff Boldt about his retirement experience.
Cliff retired in 1995.
What was your profession before you retired?
I was a classroom teacher for 33 years. I started my career in Saskatchewan as an administrator before moving to North Vancouver, where I lived for 27 years.
What’s the best part about being a plan member?
The pension! The fact that what I was promised initially is what I can expect through the life of my retirement. The Teachers’ Pension Plan’s commitment to that pension promise is a big bonus.
What advice can you give about retirement?
Other than joining the BC Retired Teachers’ Association (BCRTA), my number one piece of advice is to have a good discussion with your spouse about retirement. Ask questions such as, “What are we going to do? Where are we going to live?” Your pension is important, but retirement is about more than just money. It’s also important to plan early and be in agreement about the lifestyle you want to have when you retire.
How did you feel about your pension when you began your career versus now?
It was adequate then and it’s adequate now. I knew what I was going to get. We’re not wealthy, but we have a roof over our heads, food in the fridge. And we are warm and dry. We believed we could make it on the pension funds, and we have.
Do you remember how you felt when it was time to stop receiving a paycheque and start receiving your pension?
When I received my first pension payment, I had a smile on my face. It was August 1; I was getting a paycheque in the summer and I hadn’t stepped foot into a classroom. I took to retirement like a duck takes to water. It really suits my lifestyle.
How do you connect with the plan?
While serving as the BCRTA president, I connected with the Teachers’ Pension Plan frequently. I’m really happy with the service I receive.
What do you look forward to in the next few years?
I’m hoping to become more active in the Comox Valley, spending more time with my children and discovering new things to do. I want to plant a garden. I’m in very good shape to think about the future. Life is pretty good for me.