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Examining the opportunities and challenges of life in retirement


Sixty Five: What retirement means today

Examining the opportunities and challenges of life in retirement

The concept of retirement is changing before our eyes. It’s no longer an end, it’s a beginning. That’s the philosophy of the Sixty Five section.

It’s about inspiring Canadians to dream big and aim high. To live their best life, confidently and securely.

Is this couple’s retirement date realistic, given their spending goals? Plus, cracking the secret code to lifelong happiness

Noah and Amelia wonder if they can afford to retire next year and still maintain their comfortable lifestyle.

Boomer activism is on the rise as retirees return to their protest-movement youth

When Nick De Carlo retired it wasn’t the life of leisure that beckoned, but a return to the frontlines of activism from his younger days.

The benefits of awakening your artistic side in retirement

It was after retiring from his career as an ophthalmologist in 2020 that Peter Waind was able to reignite his dream of becoming an artist.

How to confidently spend your money in retirement

As a financial planner, Warren MacKenzie applauds the efforts of his clients to save money for retirement. But he sees many struggling to spend the funds they so carefully put away once they’re retired.

Why so many retirees are writing memoirs

Judy Omelusik has some shocking stories to tell from her nearly eight decades on this Earth.

How to sell the family cottage without upsetting the kids

Amid rising values for recreational properties, not to mention annual costs such as taxes and upkeep, the unhappy challenge for many older Canadians is how to sell the cherished family cottage without upsetting their children.

The realities of owning a recreational property in retirement

Les and Jennifer Schmidt love the snow and the mountains and all of the outdoor activity that comes with them.

Why more retirees are choosing to go back to work

Cherie Catena returned to work after retiring once – and she’d like to do it again.

The 67-year-old worked at Xerox from 1974 to 2013, when she was laid off with a severance package in her late 50s.

What older parents should know about paying for their child’s wedding

People are getting married later in life, a trend that’s giving parents who pitch in more time to save. However, financial advisers caution the cost comes at a time when parents might need to earmark the money for themselves.

Want to be prepared for life after work? Consider hiring a retirement coach

Sheila Mitchell wasn’t quite ready for her retirement in early 2020, at age 63. After working for about 40 years, Ms. Mitchell knew the transition to retirement would be a huge adjustment.

What older parents should know about paying for their child’s wedding

People are getting married later in life, a trend that’s giving parents who pitch in more time to save. However, financial advisers caution the cost comes at a time when parents might need to earmark the money for themselves.

Want to be prepared for life after retirement? Consider hiring a retirement coach

Sheila Mitchell wasn’t quite ready for her retirement in early 2020, at age 63. After working for about 40 years, she knew the transition would be a huge adjustment.

The rising tide of senior surfers

Jeanne Keith-Farris’s earliest memories growing up in California are of playing in the surf with her mother. She dreamed of being on a board on the water when she got a bit older.

Golf is making a comeback and more seniors are teeing off

Chris Stoat realized how fortunate she was to be a golfer over the past two years.

Seniors are busting out their bucket lists as pandemic travel restrictions lift

Elizabeth Forsythe wasted no time booking a trip to Florida after travel restrictions were lifted on the Canada-U.S. border.

What to know if you plan to cut your kids out of your will

Are you thinking about disinheriting your kids?

Experts say that deciding to cut off a child or children in your will comes with financial, emotional, and practical considerations.

Tips for becoming a green thumb in your retirement years

Gardening is one of the most versatile retirement activities, ranging from growing a few flowers on the balcony to designing ambitious full-yard plant landscapes.

Do you have plans for your pet after you pass away?

Meika and Floyd are inseparable: So it makes perfect sense that ‘Pink Floyd,’ a flame-point Himalayan cat with peachy-pink ears, nose and paws, and sandy-coloured, long-haired Meika with pale blue eyes, remain together should anything happen to their human caretakers.

Should you jump into retirement or ease in?

In 2019, Tim Brennan began thinking about what his post-retirement life would look like.

Should you move closer to your kids and grandkids when you retire?

No longer needing to live near work, some retirees face a big decision: move closer to kids and grandkids or strike off in an entirely different direction.

Everything you need to know about getting a knee replacement

Bill Stevenson has been waiting years for a new left knee. The active 84-year-old, a former civil servant, had his right knee replaced seven years ago.

How to keep your tattoos looking good as you age

Monica Hamilton got her first tattoo at age 20 – a fairy on the left side of her chest. She loved it and over the years got several more symbolizing people she loves and landmark moments.

The pros and cons of buying life insurance in retirement

Life insurance isn’t usually top of mind for Canadian retirees focused on generating income from their investment portfolios. Yet certain types of life insurance can play an important role in the lives of older Canadians, especially when it comes to leaving money to children or charities.

Senior fitness trainers are helping baby boomers stay healthy and active

Dee Simpson retired from her film and television production company at age 65 and took up her fourth career as a personal trainer.

How robots can make aging in place more enjoyable

Pepper isn’t your average seniors’ residence care worker. That was immediately evident when the diminutive robot arrived at the Yee Hong Centre for Geriatric Care in Scarborough, Ont. to lead weekly exercises, call bingo numbers and take visitors’ temperatures during the pandemic.

Why loneliness is a serious and growing health issue among seniors

When asked about loneliness, Gregor Sneddon recalls a visit he made to a single senior woman who was blind and lived alone. She relied on volunteers to bring her food and medications.

How to know when it’s time for seniors to stop driving

Tony Marshall knows he won’t be driving forever. The 80-year-old Halifax resident often drives to attend a local singing group and likes to meet up with friends. But he’s also aware of his family history of dementia and has noticed that he’s lost some of his sense of direction over the past two years and has become a bit absent-minded.

Prescription overload is a serious and growing health issue for seniors

It was while working in acute care at McGill University Health Centre that the epidemic of overmedication of older Canadians became clear to physician Emily McDonald.

Why friendships are even more important in retirement

Retirement is a time for picking up old hobbies, trying new activities and travelling the world (when there’s no pandemic to worry about). But amid all of these life changes, maintaining one key constant makes the difference: relationships with friends.

Advertisers obsessed with youth are missing out on a large and lucrative market

As baby boomers get older, their age-related goalposts seem to steadily move backwards. The former hippies who once said, “Never trust anyone over 30,” are now using mantras like, “Life begins at 50″ or “beautiful at any age”

How seniors can ensure they’re getting the health care they deserve

Arlette Adams didn’t waste time when she felt that her family doctor wasn’t properly addressing the bouts of dizziness she was experiencing.

These seniors show why you’re never too old to learn to ski

Seniors today are healthier and advances in skiing equipment design mean the sport is gentler on the body

Tips for seniors on starting a business later in life

After more than 20 years working in government, including as a Canadian immigration officer with foreign postings, Ellen Yachnin decided to take early retirement in mid-2019 at age 56.

Seniors have a lot of stuff: Here’s how to downsize instead of dumping it all on heirs

Over the past few months, Carolann Harding has been helping her mother, Gloria Harding, move from her condo into an assisted living apartment in St. John’s. The experience has uncovered just how much stuff a person can accumulate over a lifetime.

Why retirees need to heed the withholding tax

Withholding taxes are unavoidable in your working years since, for most employees, they’re automatically deducted every pay period.

How to keep the peace when travelling with adult kids and grandkids

Travel consultant Marcia Proctor is suddenly getting a lot of calls from families looking to book intergenerational vacations.

Why your retirement years are the best time to get fit

Kathy Glazer-Chow likes her workouts to be challenging. So, the 71-year-old often ends her three-times-a-week training sessions with several sets of bicep curls using 20-pound weights or some 35-pound kettlebell lifts.

Why more retirees are looking to green their retirement portfolios

Many greying Canadians are adding a green hue to their investment portfolios to make money, manage risk and leave a better world for their children and grandchildren.

Want to avoid living in a seniors’ home? Start planning now to age in place

It was after Richard Dutchak hired an occupational therapist to help his elderly mother-in-law stay in her home as long as possible that he started thinking about his own living arrangements later in life.

The senior’s guide to finding love — or at the very least, companionship

Connie Sturgess is 73, single and ready to mingle.

The highlights and heartbreak that come with having a dog in retirement

When Maureen Lloyd decided it was time to move from her condo to a retirement home this year, she really had only one stipulation: the place would have to allow her to move in with her cockapoo Lucy and cat Gulliver.

The benefit of giving your kids a chunk of their inheritance before you die

There’s an old saying that it’s better to give with a warm hand than a cold one. Put another way, for many parents, there are benefits to gifting money to the next generation while you’re still alive or providing what’s known as a “living inheritance.”

If going back to school is your idea of fun in retirement, you’re not alone

Lily Eng has lost track of just how many courses she’s taken since retiring from her teaching job two decades ago: 20 or 30. Probably more.

Open this photo in gallery:

Toronto actor Nicole Fairbairn.The Globe and Mail

Why you go grey as you age (and why more people are embracing it)

Toronto actor Nicole Fairbairn entered the pandemic lockdown with long ginger locks. The 50-year-old is coming out of it ready to embrace her now natural salt-and-pepper.

Lawn bowling: Good for you and ‘more fun than Sudoku’

Mike O’Reilly first came across lawn bowling when the Calgary Lawn Bowling Club moved into his neighbourhood six years ago.

Are you ready to get back on a cruise ship?

Six months ago, retired B.C. couple David Lang and Cathy Brusegard booked a cruise from Los Angeles to Vancouver that sets sail in April 2022. It will be the latest in a long list of ocean voyages they’ve taken to different parts of the world, including in the Caribbean, Cuba, Mexico, Alaska and the Panama Canal, but the first since the COVID-19 pandemic left most passengers ships onshore.

What to think about if you’re getting a ‘grey divorce’

Call them what you want – diamond divorcees, silver splitters or grey divorcees – but data show that older Canadians are ending their long-standing marriages in greater numbers than ever before.

Open this photo in gallery:

Christine Elsey poses for a photograph in North Vancouver, on Wednesday, July 7, 2021. Darryl Dyck/The Globe and MailDARRYL DYCK/The Globe and Mail

‘It’s never too late’ to fight off risk of dementia as you age

Every day, Christine Elsey take vitamins, maintains a healthy diet, practices yoga and walks up to five kilometres.

Should you move to a small town in retirement?

A few days after she retired from her job at age 54, Carla Fraser and her husband packed up their home in Maple Ridge, B.C., and moved to a lakefront vacation property in Sheridan Lake, in the B.C. Interior.

Move over, tennis players: Pickleball people are taking over the courts

About a month into the first pandemic lockdown last year, Mike Smith and his pickleball-playing friends desperately wanted to get back out on a court. Once small groups were allowed to gather outside again they did just that, finding an empty tennis court in Vancouver.

Should you consider selling your home and renting in retirement?

When it comes to home ownership, we Canadians are a committed bunch. About two-thirds of us own our homes, making us among the world leaders in that category.

How to bulk up your home gym

Mark Andrew set up a home gym in the corner of his downtown Vancouver condo to stay fit during and after the pandemic.

Why you should preplan (and prepay) for your funeral

Most people have a blind spot when it comes to their own demise, says Winnipeg-based funeral home operator Kevin Sweryd.

Why retirees need to heed the ‘sequence-of-returns risk’ in their portfolios

When world markets took a nosedive in the early days of the COVID-19 crisis, many investors worried about the hit they saw on their returns in monthly statements.

When withdrawing funds early from your RRSP makes sense

Most Canadians spend their working lives socking away as much money as they can in their registered retirement savings plans (RRSPs) — often feeling guilty if they’re not maxing out the contribution limits set by the federal government.

The perils of passing down the family cottage

Besides fighting through traffic snarls to get there, the family cottage by the lake has typically been viewed as a place of tranquility with a lifetime of fond memories.

Do you need health and dental insurance in retirement?

The cost of extended health and dental insurance can shock retirees who have cruised through working life with an employer benefit plan. Even for those who didn’t have work plans, mounting drug and dental bills are a heads up to reconsider the insurance question.

The challenges of retiring with a dependent child

Elizabeth Sakac and her husband Zlatko are having a retirement that’s quite different from their friends. Their son Paul, now 44, lives with them in a midtown Toronto house that they share with Zlatko’s sister.

Why so many seniors can’t sleep – and how to get help

Getting a good night’s sleep can be a challenge for many seniors like Bev Szandtner. “I sleep erratically,” says Ms. Szandtner, 78. “Some nights are really good, and other nights are not so good; I will wake up at 2 or 3 or 4 a.m. and I won’t be able to get back to sleep.”

If being a landlord is part of your retirement plan, read this first

The income from rental properties is called passive. To retirees Peter and Thérèse Campbell, it’s anything but.

Retirement on wheels: Why these seniors are choosing the RV life

This spring Patti Douglas loaded the necessities, a digital archive of family photos, an inherited antique bowl and her 14-year-old cat into her new travel trailer and hit the road.

Baby boomers are proving you’re never too old to start a business

Bill VanGorder likes to say that it only took him 43 years to find his calling. After a long career in the not-for-profit world, Mr. VanGorder founded Nordic Walking Nova Scotia in 2009, at the age of 67, and immediately realized what he’d been missing all for all those years.

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