How To Be Happy in Retirement: The Jam Journey of Owen and Kaye Pope of Anathoth
Retirement coach talks about how to supplement retirement income during the later years and shares the amazing story of Owen and Kaye Pope.
There are ways to overcome the shortfall by finding alternative avenues to supplement retirement income; people in retirement shouldn’t have to give up their dreams
Sadly in Australia for many people, the savings they had set aside for retirement will fall dramatically short of what’s needed.
HSBC’s Future of Retirement report (released in 2016) found 15% are worried they will not be able to afford to retire and will need to keep working. The report also said 71% of those wishing to retire within the next five years had not saved enough money. With these figures hitting home, fewer and fewer Australians are in a position to be happy in retirement.
While consistent saving from earlier in life is the best way to prepare for retirement, there are ways to achieve goals in the later years. Retirement coach Ann Nelson of Ann Nelson Enterprises advises that there are ways to overcome the shortfall by finding alternative avenues to supplement retirement income; she believes people in retirement shouldn’t have to give up their dreams.” www.annnelson.com.au
An inspiring story about how to supplement retirement income is that of Owen and Kaye Pope, founders of Anathoth, the favourite Jam and Pickle Brand in New Zealand. The couple retired and decided to go back into a version of their former business. They had a time with Ann to talk about their jam journey. www.annnelson.com.au
Owen was born in Invercargill, New Zealand and grew up in a community of farming and timber milling called Haldene. His maternal grandparents arrived in NZ to work in Timber Milling industry about 2 months before his mum was born.
He reinvented himself many times before, primarily through farming. He sold insurance and encyclopaedias, worked in a bank for several years and in three departments in the government of NZ. He was also been with various list of businesses, such as the fields of credit Union, fruit growing, marketing, manufacturing, joinery, aluminium smelter, tavern and more.
Owen had grown up on his parent’s sheep farm and worked on the farm for a time. He bought a block of land in Nelson in 1988 and planted raspberries and made his first raspberry jam.
The couple started to make jams from some of acres of raspberries growing on a property they bought in Upper Moutere. In NZ, selling of raspberries at that time was government regulated. There was compulsory sale and buying by the NZ Raspberry Marketing Council via district committees.
Kaye has written a book which documents the couple’s business experience, including the governing principles they learned through a study with an American musician who managed the Righteous Brothers and later became a church growth expert who established 500 Christian fellowships in the United States. It is a positive story that covers the time they owned the Anathoth label, from start-up to market leader in NZ supermarkets.
Expanding their business is influenced by what people like or want. The Pope’s believe there are 3 steps to reach greater levels of success:
- Quality – people always want to buy the best
- Efficiency - because added/wasted time increases cost
- Relationships – always maintain a good relationship directly or personally through quality products.
As a business owner, one of the most common questions asked of them is how can they make a lot of money. Their answer, flavoured with a sense of humour, is always: to get a job in a mint!
The Pope’s believe that genetics is one thing that can drive people forward to start a business, or hold them back from achieving their goals. However, if one can visualize a successful business and understand the small steps needed to get there, plus invest in the hard work required, and monitor progress along the way to ensure it is working, then they can succeed.
“If it’s not working, drop it and walk away,” Owen says. “Even if it seemed to be a wonderful idea in the beginning, if it is not working, then it was not such a great idea after all.“
Among the benefits of running a home based business to supplement retirement income
Is that the workload can ebb and flow around family commitments and energy levels. There’s also no wasted time commuting to and from a ‘traditional’ workplace.
Owen enjoys what he does, as well as the feeling of knowing they have enough money in the bank to be happy in retirement.
To know more about Owen and Kaye’s jam journey and to find out more tips to being happy in retirement, click here: http://annnelson.com.au/retire-well-retire-happy/the-podcast/31-there-s-money-in-jam-owen-kaye-pope-share-their-jam-journey.html
About Ann Nelson
When it comes to receiving the best advice and support for one of the most important times in life, it takes a dedicated and highly focused person who understands the needs of today’s retiree. Ann Nelson is an author, experienced entrepreneur, seasoned self-directed investor and a highly sought-after retirement consultant. For more than 30 years, Ann has worked diligently to build her own personal financial security.
Ann’s book, ‘Retire Well, Retire Happy’ is a practical expression of her independent spirit and financial savvy. She is committed to helping others establish lifelong financial security, establish retirement relocation registers and promote education and choices through careful planning, persistence and patience.
Ann has become a leading ‘retirement warrior’ helping other hapless people to understand the need for decent retirement planning. Her focus is on financial planning and creating a happy, healthy life leading to retirement.
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- Contact Information
- Ann Nelson
- Ann Nelson Enterprises
- (61) 0417 727 804
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