Money Quotient

Published January 27, 2017

Our concept of retirement is undergoing a metamorphosis. Demographic, societal, and workplace trends have all converged to offer a stage of life—at mid-life and beyond—that is much more fluid and flexible than we previously thought possible.  When planning for retirement, we are discovering that the “old rules” have been thrown out and that “no rules” apply. 

In other words, our retirement experience has become a matter of personal definition.  Because of increasing longevity and more active lifestyles, many individuals are viewing this time in life as an opportunity to explore their potential. 

Instead of “not working,” retirement has come to mean emancipation, the freedom to choose the activities and pursuits they find the most satisfying and rewarding. 

This week I’m going to drop the personal off of personal finance to write a little bit about something that has become a hot topic locally.

Recently the Fort Collins City Council approved a financing package for the redevelopment of the Foothills Mall that included Tax Increment Financing, or TIF for short.  This package in particular has brought about a lot of local commentary even though the City has used TIF and other tax offsets in the past.