Health Major Retirement Issue for Calgary Boomers

Seventy per cent of  the 50-to-59 years of age Canadian Boomers, Royal Bank of Canada Retirement Myths and Realities Poll survey respondents are saying that  health is the major retirement issue they anticipate as retirees. Respondents also indicated that financial concerns come in second, with 57 per cent expecting changes to their income to be a challenge in retirement. The 2013 Retirement Myths and Realities Poll indicated that more men (73 per cent) than women (66 per cent) expressed health concerns, So what does this all mean? For many years the popular focus of retirement in the media has been that preparing financially…

What Happens After Retirement?

Retirement Transition Planning Essential to Enjoy Retirement Years Think about it, in 2011 the very first Baby Boomers, those people born between 1946 and 1964 turned 65 and begun the trek into retirement for largest generational cohort in history of mankind. Current research from Statistics Canada tells us that the average age that Boomers are retiring in Calgary and the rest of Canada is 62 and that paired with today’s health conscious approach and modern advances in medicine and technology many boomers could be still be “living large” in retirement up to thirty years after the day they walk away…