As you transition into retirement, it’s a perfect time to discover the vibrant and flourishing aspects of your identity that may have been somewhat overshadowed during your working years. Retirement doesn’t mark the end of your personal journey but rather the beginning of an exciting new chapter in your life. The path ahead is filled […]
I have been asked by many approaching retirement this question, “Do you really need to take a view on inflation for the purposes of modelling future wealth?” When approaching retirement and trying to model future wealth, it’s essential to consider the potential impact of inflation on your financial planning. Inflation is a key factor that […]
Planning for retirement is about making more informed decisions. Over the years we have acquired knowledge and personal insights and have grown to trust our insights and intuition. This type of knowledge is called tacit knowledge, and it is difficult to articulate, codify, or transfer to others. When it comes to retirement planning, tacit knowledge […]
Congratulations on your retirement! After retiring, what would you do on the first day, instead of going to work? During the first few weeks, you feel that you are on holiday. I was an educator, and I had two months off, so for the first two months, I was in holiday mode. At the end […]
You will live in retirement another 20 to 30 years, so it is important that you prioritize your physical and mental health. Regular exercise, a balanced diet, and staying socially connected can contribute to a happy and healthy retirement. Consider joining clubs, fitness classes, or local groups to stay active and engaged. Joining is an […]
If you live in Canada there is a new way of accessing services for seniors, and all Canadians, in planning for a secure and dignified retirement. Canadians considering retirement can now take advantage of new and improved tools to help make informed decisions regarding retirement planning and retire with confidence and peace of mind. Service […]
Are you paid by the hour? Do you believe you will be able to retire with comfort? If not, you are not alone, just over 50% of hourly employees feel they will be able to retire comfortably. A survey of 2,000 employees split evenly between salaried and hourly workers reveals that hourly workers are less […]
It’s important to recognize that achieving a fulfilling retirement doesn’t require substantial wealth. Wealthy people are not the only ones who have enjoyable retirements. They know how much money they need for retirement and live within their means. Nearing retirement and feeling unsure about your finances, try these ideas: Consider making retirement financial literacy your […]
Life can start at retirement. By this stage, we have lived enough to start admitting that the past is past, and we have learned many things. We begin to understand that our future may be deceptive because it depends on the present, and we have to seize the opportunity to improve and not go backwards. […]
After your kids left, being an “empty nester” would have taken some getting used to. When children leave home, some couples enjoy a second honeymoon. Fast forward to today, and you’re embracing the senior citizen phase of retirement with your significant other. Just as in those earlier years, this new phase demands adaptation. However, there’s […]
