Power Up Blog
Thoughts & Musings on Retirement
In 2016, Statistics Canada stated that the life expectancy at birth was 79.1 years for men and 83.4 years for women. So, if you are a woman, chances are that you will outlive your partner.
Death, however, is guaranteed to happen as we all die expectedly or not. Let’s look at a few things you can do to prepare in advance to alleviate some of the burden on those left behind as well as to decrease any stress or anxiety you may have around this.
Many people have no idea when their partner is going to retire. They just know their own date of retirement. 🎉
Since retirement is a HUGE change in someone’s life and will certainly impact a relationship, it’s important to find out what you’re each thinking.
The best action to take is to talk about it and there is certainly a lot to discuss such as:
My mom was a pretty special lady… #understatement
She always had a smile on her face, treated others with love and respect, saw the good in everyone and everything, and really enjoyed the simple things in life.
You could definitely say she’s my inspiration.
It used to be most Canadians shared an idea of what retirement looked like. You worked until you were 65 and then you punched your timecard and spent the rest of your days on the golf course, travelling the world or spending time with your grandkids. If you were lucky enough to have squirreled away more money, you might have quit your job five or even 10 years earlier than you planned.
In 2019, not so much. The definition of retirement is evolving and it’s now different for everyone. One person may be able to fully retire at 55 while others are working part-time after they’re 65.
