Judging by conversations with seniors in their 70s, life can be as busy, or busier, than life in their working years. As one 72-year old retired teacher said recently, “I am so busy, I’m going to have to give something up!”
For many, this decade in retirement offers time for desires like travel, quality time with growing family and friends, and the pursuit of hobbies that were hard to fit in before.
Yet, time aside, the ability to enjoy this decade in retirement is a result of financial considerations, says John (Jay) Nash, senior vice-president, investment advisor and portfolio manager with Nash Family Wealth Management at National Bank Financial Wealth Management in London, Ontario.