Planning retirement is like getting ready to get married: lots of details, dreams, and hopes. Often the plans are about the wedding and the honeymoon rather that the life time partnership to follow. With retirement, the thoughts are of the celebration and the honeymoon period rather than the New Normal that will be the next…
As the global financial situation becomes ever-more volatile, it seems like certain demographics of people here in Canada are struggling to keep up. However, according to the latest study from a leading banking group, it seems like everyone is finding it tough to keep up with the demands of retirement in later life. The recent…
This is the first of a series of articles on retirement lifestyle planning from Donna McCaw, the author of IT’S YOUR TIME: INFORMATION AND EXERCISES TO GET YOU READY FOR A GREAT RETIREMENT. Donna does presentations and courses dealing with retirement readiness to prepare the Boomer generation as they venture into the new frontier of…
Is this the year you are going to retire? How close are you getting to your retirement date? The baby boom started in 1946 and ended in 1966. That means the earliest boomers are just turning 65 and we are just at the beginning of a big retirement boom. Are the boomers ready for retirement?…
In case you did not know, our population is aging and it will have lasting economic and social implications. The baby boomers are just starting to retire and all facets of society are trying to prepare for this trend. As a result, the concept of retirement is changing right in front of your eyes. Retirement…
It’s been said that 6 out of 10 Canadians have no plans for retirement. That’s not a very encouraging statistic. Maybe that’s the reason there is a lot of retirement anxiety happening in this country. Planning is the best cure for retirement anxiety. So what is a retirement plan? What does it look like? Where…
