Some people like big cities, some like small towns. The Milken Institute looks at factors including health-care, affordability, transportation, cultural and outdoor activities, employment and safety, and says these are the 10 best big cities to retire happily in. The best places to spend retirement in are safe and affordable, where people are healthy and generally happy. They’re places with economies that offer job opportunities for those nearing retirement age, and with living arrangements that suit the needs of people ages 65 and older.
Retirees looking to Nevada can find rugged Western beauty without high West Coast prices. One of Nevada’s biggest draws for many is that it has no state income tax and no inheritance tax, leaving retirees with more money to enjoy. “Low taxes are the underlying driving factor of anybody I talk to that is considering a move to Nevada from California,”
Retirement today is not the same as it was for our parent’s generation. The generation today does not want to fade away into woodwork. They want to live a full life after retirement. They want to maintain an active lifestyle and not be dependent on their children. Hence retirement planning takes on a very important role...
Many couples dream of being joined at the hip when they're no longer working. A more satisfying approach may be 'parallel play.'
As longevity increases Canadians should find ways to save more and plan better to finance their retirement, two retirement experts tell BNN.
However, many Canadians are forced to continue to work well into their retirement years to meet their financial needs.
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But for other baby boomers, retirement is no longer a magical day on which they will stop working, get a gold watch and live a life of leisure, said Catherine Collinson, president of the Transamerica Center for Retirement Studies. More than 60 percent plan to work past age 65 or not retire, she said. “It’s not their parents’ retirement,” Collinson said. “Baby boomers plan and expect to work longer, delay retirement and transition into retirement in a way that involves at least working part time.” The majority of baby boomers, Collinson said, are delaying retirement out of necessity.