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boomer retirement planning

Opportunities vs Challenges in retirement 1

 Caree Risover charts her retirement through planning to implementation and enjoyment. Her retirement blog shares her quest for meaning in retired life with details of her thoughts, creativity, travel and even her vegetable plot. I enjoy reading her blog and recommend it to you. In a recent post, she started with the following statement. What I […]

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Its the little things that help

Retirement is like getting a participation trophy in the game of life. Sure, money and planning are important, but so is making your golden years shine. It’s your time to do what you love, whether that’s painting, gardening, or watching Netflix on repeat. Personally, I’m not much of a cook. I leave that to my […]

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Bucket lists? Why?

I’ve never quite grasped the concept of a bucket list. When people say, “I want to do this or that because it’s on my bucket list,” I find it hard to relate. To me, having a list of things you want to do before you die seems like a waste of time. If there’s something […]

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Freedom 55 is actually Freedom 64.5

If you’re old enough to remember the Freedom 55 ads in North America, you might recall they encouraged people to buy life insurance so they could retire at age 55. A new poll by the Canadian Imperial Bank of Commerce poll that found that 61 is now the average age Canadians hope to retire.  Believe […]

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Planning for retirement and finances

Planning for retirement is an important financial consideration that requires careful thought and planning. Here are some steps you can take to plan for retirement: Determine your retirement goals. Think about what you want your retirement to look like, and how much money you will need to achieve your goals. This will help you figure […]

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Tips to save money on Dining and Grocery

Plan meals in advance and make a grocery list: This can help you avoid impulse buys and stick to a budget. Buy in bulk: Buying non-perishable items in bulk can save money in the long run. Cook at home: Eating out can be expensive, so cooking at home can save money on dining. Take advantage […]

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Threats to a comfortable retirement lifestyle

 Over the past few months, I have been reading about three forces—inflation, the baby boomer great retirement trend, and new regulations. First, there’s inflation. It’s understandable to have concerns about inflation, the cost of retirement, and the cost of potential new government regulations. However, it’s important to note that there are many factors that can […]

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Frugal Tips for Living Alone when retired

Here are a few tips for living alone after 60: Shop for groceries with coupons and shop in bulk and freeze what you don’t use right away to save money and reduce waste. Take advantage of senior discounts. Many stores and restaurants offer discounts to seniors, so be sure to ask if one is available. […]

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Reasons retirement plans fall short of their goals:

There are several common reasons retirement plans may fall short of their goals: Insufficient savings. One of the most common reasons for retirement plans falling short is that people do not save enough money. This may be because of a lack of understanding of how much they need to save, or simply not having the […]

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Issues for Seniors in Canada

There are many issues that seniors in Canada may face, and the specific issues that are most significant can vary from person to person. Some common issues that seniors may face include. Health issues As people age, they may be more likely to experience health problems such as chronic diseases, mobility issues, and mental health […]

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