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…
Recently, Donna McCaw, author of her retirement book It’s Your Time wrote an article on her blog suggesting that we need a new word for ‘retirement’. If you think about the word ‘retire’, it can have some negative connotations to it. If you retire something (not someone) why would you retire something? Probably because it’s…
It can be difficult to determine just how much money you need in an average retirement. Some people have a specific amount in their mind and they won’t stop until they reach it. Others just want to save as much as possible and hope for the best. Still others are just hoping that CPP will…
Your home is your focal point in retirement. For some, thinking about housing options for the future in retirement can be stressful for you and your family. Despite the difficulty in addressing this issue, the earlier you think about it, the more choices and control you will have over your future. Your housing options There…
