Retirement

Life change: Avoiding depression and anxiety after the “gold watch”

For the nearly four million seniors in Canada heading into their retirement years, the road beyond the “gold watch” is full of change and new challenges. Seniors constitute the fastest growing population group in Canada. As the “baby boomers” (born between 1946 and 1965) age, the seniors population is expected to reach 6.7 million in 2021 and 9.2 million in 2041 (nearly one in four Canadians). The transition from work-life…

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Retirement

Retiring Early?

by Heather Camlot The temptation to retire early may be strong. You may want to travel the world or spend more time with your grandchildren — while you can still enjoy it. But can you afford to retire early, and should you? A Royal Trust RRSP Survey indicates that 57% of Canadians fear they may not have enough to retire by the age of 65 and 46% are concerned about…

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Retirement

Vicarious Retirement Living Takes Planning

The traditional image of Canadian retirees living relatively sedentary lives in small retirement communities across North America is quickly being replaced by adrenaline seeking fifty and sixty something’s marching through foreign streets with sleek designer bags and wallets stuffed thick with plastic. This is the new retirement reality. Unlike their parents’ generation, today’s boomers are much more transient, moving frequently between careers and leisure activities in search of self-fulfillment. Yet,…

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