Retirement Blog October 2006
Oct 31, 2006: The RV Holiday
Barb and Dave headed out across Canada in an RV. Since Barb is a writer, the result is a book.
Barb's press release says it is
a heartwarming story of belief in following your dreams, market and tourism information, and free camping.
Call toll free 1-866-373-260714-7624
e-mail dreambg1 AT shaw.ca (Replace AT with @. I do not publish e-mail addresses because SPAM bots can harvest them.)
Oct 27, 2006: Latino Retirement Savings Lagging Behind
A study just released in the US shows that more than 70% of Latinos have saved less than $5000 toward retirement.
Numbers like that are downright scary.
If you are lagging behind in your retirement savings, you might want to consider a retirement job.
Oct 26, 2006: Retirement Jobs -- Creative Living
When considering retirement jobs, creative thinking brought Dave Wright to the conclusion that the Internet was for him.
Oct 21, 2006: The Red Hat Society
The Red Hat Society offers women celebrating maturity both fun and saving. I'm heavy on the fun aspect of meeting with other vibrant women.
Oct 19, 2006: Mandatory Retirement Ends In Ontario
If you live in Ontario, after November 12 you can no longer be forced to retire.
Currently, an employer with a long-standing policy requiring retirement at age 65 can legally enforce retirement. After November 12, those policies are void.
Employers who used to wait for an employee to turn 65 to terminate employment will now have to find other reasons to let someone go.
If a boss suddenly begins to complain about performance after giving satisfactory evaluations for years, the employee could have reason to contact The Human Rights Commission.
With so few young people ready to join the labor force, the end of mandatory retirement will allow employers to fill jobs with experienced workers.
Oct 19, 2006: Gen Xers And Retirement
OK, I didn't write this Web site for Gen Xers, those born between 1965 and 1972. But we, their parents and grandparents, care about them. They are not well prepared for their retirement.
The good news is that they have lots of time to start getting serious about their investments.
If the young people you care about seem unprepared for retirement, you can start the conversaion they need to engage in. Let them in on the realities of retirement you are facing. Share what you've done right and how you wish you'd done things differently.
Life has given us wisdom. Let's pass it on.
Oct 14, 2006: Retirement Travel Advice
Travel advice from those who have been there. Where are retirees going for vaction and why? Share your best travel tips.
Oct 13, 2006: Women Need To Work Past Retirement Age
The previous entry says that businessmen want to work past retirement. Most women do not.
While the men work for a sense of satisfaction, women are working at low paying jobs to pay for the necessities of life.
Since 1980, the number of working women over 65 has increased 38 percent, while the number of men working has stayed the same.
This isn't the place to discuss the unfairness of the system that has put women in this position. If you are a woman, you probably need help. . .
. . .and the sooner the better.
I'm so glad I started my own business before early retirement took me by surprise. Check out these options.
Oct 13, 2006: Business Leaders Plan To Stay On Past 65
The three biggest reasons to stay on are the pleasure of working, the appeal of money, and respondents' confidence in knowing how to excel at what they are doing.
This is the finding of a study that found 53% of Canadian business leaders planned to stay on past the traditional retirement age of 65.
Do you plan to stay or to go?
Oct 13, 2006: Retire To Sidmouth
Retire to Sidmouth, East Devon, God's waiting room. With a population of 60% retirees, it's set up and waiting for you.
Oct 10, 2006: Stay Or Go On Your Own
Increasingly short of money, many retirees choose to start businesses. As the article I've linked to below points out, most small businesses fail within four years. That's serious if you are counting on having your business contribute to your income.
And if your business does fail, do you have another four year's worth of energy to start a new one? The article recommends that you stay in your job instead of counting on a retirement business to supplement your pension.
I consider myself fortunate to have started my business before I've had to retire. It's been hectic to build a business while working full time, but it's also allowed me to build a sure foundation.
I attribute a large part of my sucess to the advice and tools I got at inquire-Solo Build It.com.
I agree with the article, but my own experience tells me that if a person wants to start a business and does the necessary groundwork, success is possible. Just be sure to do your research.
I love my own business. But as much as I love it, I know that what I've chosen to do is not for everyone. That's why I am researching a range of jobs and businesses and the resources needed to get started in them.
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Oct 10, 2006: Retire in Gibsons
Why not retire in Gibsons, BC? Many others are choosing this hidden gem on BC's south coast. See why.
Oct 9, 2006: Well Done, New Zealand!
With the US, Britain, and Canada bemoaning the state of citizen's retirement savings, New Zealand announces that 80% of its citizens have saved enough to retire comfortably. Some will even live at a higher standard than they are now!
Of course there is still the 20% that are not saving enough.
But my hat's off to the people of New Zealand who have gone from living beyond their means to saving successfully for retirement.
Oct 8, 2006: Write A Home Based Business Plan
Seniors have special needs when writing a home based business plan. Mary Ann Shank gives advice to retirees starting a business.