The average retirement age in America is 62. You might be amazed to find that people aren’t waiting until 65, but you really shouldn’t be. It really shouldn’t be a shock – people’s health starts to falter, and partial...
No matter your age, divorce can be very difficult on your personal well-being as well as your finances. Divorcing at a later stage in life can be even more challenging to your finances. Over the last few decades, with...
Richard, who is in his nineties, is healthy and enjoys his independence. He loves his home and wants to stay there as long as possible. Since he lives alone, Richard was concerned about what would happen in an emergency,...
Congratulations on finding love again and deciding to remarry. Seniors are remarrying in record numbers. Perhaps your divorce occurred when you were in your 50s, 60s, or even later, or your marriage may have ended with the death of...
Our retirement is supposed to be a time when we can relax and enjoy the fruits of our lifetime labours. However, for many it is a time of financial worry and going without necessities. Many seniors are entering their...
A growing number of Canadian seniors are carrying debt into their retirement.
A new study by Statistics Canada revealed that just 58% of “senior-led” families were debt-free in 2016, a stark drop from the 72.6% that were debt-free in 1999....
Retirement is an exciting time of life when you’re free to take on new hobbies, travel, and relax after a long period of focusing on your career and family. But one aspect of your working life that remains a...
Women are more than three times as likely as men to lose their spouses. There are many more widows than there are widowers and most are not prepared, especially financially. Many women have also spent all of their lives...
The Canadian (and global) job markets have rapidly changed and evolved in the last few years, and past studies show almost half of Canadians are expected to be self-employed by 2020. With a growing population also expected to live...
Many people turning 65 experience feel anxious because they are unsure how to begin their Medicare journey. These new Medicare beneficiaries are being routed into a whole new world of health insurance that they’ve never experienced before.
Therefore, it’s normal...
