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How boomers are reinventing retirement living options

Wednesday Jun 10th, 2020

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As more of Canada’s population ages, seniors are finding new and creative ways to enjoy their golden years. Retirement living is being reimagined and new types of homes are being created to suit each family’s unique situation. Read on to learn about some of the most interesting trends in senior housing: Multi-generational homes. Many retirees are not ready to live in a retirement home or assisted care facility, but still need help around the house or want some extra... [read more]

Canadians want to retire at 63 – will you be ready?

Friday Jan 4th, 2019

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If you want to stop working with plenty of time left to enjoy retirement, you’re not alone. According to a recent survey, most of us who are “flexforce” workers – gig workers, job jumpers and postponed professionals – feel that the magical age to stop working is around 63. Whatever your dream retirement age is, it's important to remember that life can throw unexpected curves that steer you off course. That’s why it’s important to have a... [read more]

Affording the retirement you want

Friday Dec 28th, 2018

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Saving For Retirement

  Whether retiring is part of your five-year plan or something of a longer-term dream, it’s never too early or late to start thinking about how to pay for the lifestyle you want. In fact, the number one financial concern that Canadians have is saving for retirement. According to a recent survey by the Chartered Professional Accountants of Canada, 59 per cent of Canadians believe they are either not on track or don’t know if they are on track to retire. To steer yourself... [read more]

Keep more money in your pocket for retirement

Thursday Sep 27th, 2018

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If you’re retired, you know that every dollar counts. And whether you need the money for a long trip or for a rainy day, it’s important to stretch every dollar. Here are some ways to keep more cash in the bank during your golden years. DIY household chores. When you work nine to five, you have less time to mow the lawn and clean the house, and might have hired someone instead. But now you can squeeze in a mini workout and save money by doing these tasks yourself. For... [read more]

How to help your savings last through retirement

Tuesday Sep 11th, 2018

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For many retirees, it can be a challenge to shift mindsets from saving and investing during working years to spending it in retirement. But learning to plan and pace your spending can go a long way toward ensuring your retirement savings will last through your lifetime. Here are a few tips to get started:   Revisit your budget. As your circumstances change, so will your budget. There are items you may no longer need to purchase, such as commuter passes, workweek lunches or a... [read more]

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