Power Up Blog
Thoughts & Musings on Retirement
Studies show that more and more retirees are either delaying their retirement past the age of 65 or going back to work. In 2015, StatsCan, found that 53.5 per cent of men and almost 39 per cent of women who were 65 reported working during the year.
Some reasons for delaying retirement past 65 or going back to work include - not ready to retire; don’t have enough money; bored; lonely; want to meet new people; want to keep busy; etc.
According to Family Service Canada, boredom is the number one reason for dissatisfaction in retirement. Without a person’s routine and social contacts of the workplace, many people feel alone and disengaged from their usual social circle.
You are going to have a lot more time (at least 8 hours / day or 2000/ year) and anywhere from 20 – 30 years + of life in retirement available to pursue personal interests or hobbies. How will you spend all this extra time?
