When we were young, many of us engaged in a lot of physical activity. I was involved in several sports, including softball, track, football, soccer, and bowling, to name a few. But as I aged, other interests took over. I was lucky my children loved sports, so I coached them and continued to coach until […]
Five years before retirement, start thinking about some options. If you like to keep busy and/or enjoy the social aspect of working, consider starting a business or taking on a seasonal or part-time job. Returning to work or starting a new business are viable options for seniors. Returning to Work: Seniors can go back to […]
Yesterday I suggested some things that you could think about as you plan for your retirement. Many of us who retire find returning to education or discovering something new is a great way to continue a lifetime of learning. I know many who regret that they did not have the chance to go to college […]
Retirement is stressful and a big decision. So, it is very important that you don’t make other big decisions close to the day you actually retire. Planning everything for retirement may not always work, as you may not think rationally in the months leading up to it. So, don’t make choices while worried or distracted […]
You have retired or are considering retirement. Over the years, you have developed and honed the skills you have used in your life and your career. Your career is over, but you still have the skills and life goes on. One question you should ask is: How I could apply my skills that contribute to […]
Failing to consider our purpose in life isn’t a new problem. When I was young, I never took the time to consider my future. I knew people who did plan, found purpose, and lived their plan. I now realize that thinking about the future when I was younger would have been a good idea. However, […]
Retirement, the much-awaited phase of life, can truly be a breeze! While financial comfort is important, it’s just a piece of the puzzle that makes up a happy and fulfilling retirement. Surveys, including a recent one from the Alliance for Lifetime Income, reveal that many Americans worry about outliving their savings. However, let’s not forget […]
Addressing the issue of insufficient retirement savings among Canadians requires a collaborative approach involving individuals, employers, and policymakers. Here’s a breakdown of how each group can contribute to improving the situation: Individuals: Individuals need access to financial education and resources to develop a better understanding of personal finance, budgeting, and retirement planning. This includes learning […]
Over the past decade, new research has shed light on the financial situation of Canadians aged 55-64, revealing concerning trends regarding their savings. According to recent studies, 44% of Canadians in this age group have less than $5,000 saved, and an alarming one in five workers have no savings at all. This data highlights a […]
Retirement is a significant milestone in life that often evokes mixed emotions. It marks the transition from a long and fulfilling career to a new chapter filled with endless possibilities. If you’re contemplating retirement, it’s essential to approach this decision with careful consideration. Here are some persuasive reasons and examples to help you recognize the […]
