“Retirement”, as our parents and grandparents lived it, is now being redefined and transformed by the Baby Boomers – the largest group in history to reach “retirement age”. It is estimated that in Canada 1,000 people a day now turn 65. As well, with increased life expectancy, retirees may live another 20 to 30 years – their longest phase of life ever!
The New Retirement is considered a period of transition where individuals :
- decide to stop working or discover new working arrangements;
- nourish their passions;
- refocus and rebalance their lifestyle;
- find ways to stay active and contribute to society;
- learn, grow and share their knowledge and skills;
- maintain a sense of accomplishment and belonging;
- take care of their physical, mental and emotional well-being.
Ways of fully enjoying one’s retirement and addressing its challenges are limitless, however they do require reflection, exploration and planning. Research reveals that a positive attitude at this stage of life coupled with a flexible plan contribute to a successful retirement.