Debra Wutke, Program Manager for Business Management in the Continuing Education division of Red River College describes the paid and volunteer opportunities for retired people in her college:
Many retirees get satisfaction mentoring young people in their field; an ideal place to pass on your experience is at colleges and universities that hire skilled people on short-term contracts to teach continuing education students, and in some cases, full-time students as well. Alternatively, colleges often invite experienced people to volunteer as guest lecturers once in a term.
]]>When Lyndsay Greene, author of You Could Live a Long Time, found that many experienced retirees had “worked” well past the end of their traditional careers. They said work — not necessarily paid work — provides purpose and social networks in retirement.
They emphasized that, in the post-career phase of work, you shouldn’t expect the same level of responsibility and authority as in your career.
]]>They advised Lyndsay that, with limited time left, understand what you enjoy doing, and change course when you find yourself doing something you don`t enjoy.
]]>The banks and investment firms are all saying “save more or else your retirement will be grim”. Their surveys are telling us that Canadians can’t afford to retire. Little wonder #retirement gets such a bad reputation.
And yet, the #boomers are the richest generation in history, so why can’t they afford to retire early?
Reading between the lines, the problem is too much spending.
We boomers are also big spenders — and borrowers.
The high spending lifestyle is unsustainable, except for the wealthiest among us.
Time to bring back the concept of “frugal retiree”.
I met Ralph on a 2 month bike ride in India. He is an excellent example of a frugal retiree living a very full life:
Also worth watching: The Globe and Mail’s Rob Carrick’s video interview on the “Whatever happened to the frugal senior”, focusing on “breaking the consumption habit”.
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