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Tag Archives: Independence
A recent poll found that Canadians of all generations hope to retire before the traditional retirement age of 65. And yet the global trend is to work longer, not retire earlier. People are living longer – a trend that’s reinforced by steady advances in medical technology as well as more positive lifestyles embraced by those still in the workforce. MORE
It’s ironic that despite all the financial columnists and bloggers who write about early retirement, when push comes to shove, few actually retire “early.” “Early” usually means at 55 years of age – the numeral immortalized by London Life (now Freedom 55 Financial). In practice, only career government workers who joined defined benefit plans upon graduation actually experience such early retirement. MORE
With three stock market crashes in just over a decade, it’s worth asking why investors even put themselves through all this agony. The holy grail presented by the financial services industry is dubbed “retirement,” the premise being that by working hard for three or four decades in your prime income-earning years, you can take a load off in one’s twilight years. MORE