Many thanks to the Knowledge Bureau for awarding me a Certificate of Distinction and granting permission to use the esteemed certification mark FDFS (Fellow of Distinguished Financial Services). I am honoured. As part of my practice, I’ve worked with representatives of Nesbitt Burns, Faith Life Financial, Sun Life, Assante Wealth Management, BMO, and others. I’ve…

Many times I’m asked “Rick, why have you spent so much time helping boomers retire successfully?” “You write books and articles on the subject, you facilitate workshops, you make presentations, but to what end?” My answer to these inquiring people is somewhat complex but to me, straight forward. It all started over 12 years ago…

As part of your retirement plan, you need to seriously consider the best time of year to retire. Not only are there financial implications to think about but you should also consider the season at the time of your retirement. Be sure to check the programs at your company before tendering your resignation. A. Cost…

Retirement is a time many boomers look forward to. Lounging around the house with a cup of coffee and your favourite book; calling up friends for tennis or pickle ball, or maybe to play cards in the evening. Ah, freedom at last! However, retiring is not only about giving up your job and spending your…

When asked, many retirees answer they want to remain in their current home. Unfortunately, for a large proportion, they are ignoring reality. To stay in your home means assessing the suitability as you age. Questions such as: It’s vital to consider the above issues ahead of time. Doing so not only prevents serious problems in…

Retirement is a time of change – the adoption of a new life style, being more self-reliant, and taking on new and different responsibilities. With such change comes a chance for fear to grow. Have you ever heard an employee or client say: “Will I lose my physical or mental health as I age?”, “Will…

Capable employees are at the heart of every successful organization. Their experience, skills, intuition, and ability add greatly to the overall success of the firm. Throughout an employee’s tenure, the company engages their talents and helps develop them for future challenges, And yet, when faced with the natural evolution of retirement, those same organizations often…

In my work as a retirement fulfillment coach, I’ve met with many clients and addressed numerous audiences.  With my writing, I’ve interviewed hundreds of pre-and post-retirees.  One observation which stands out is the number of people who are unprepared for life after work.  This leaves them confused, frustrated, and disoriented.  In North American society, retirement…

Recently several Canadian banks reported survey results indicating Canadians believe they need $1.7 million or more to retire successfully. I argue, the trick to a happy retirement, financially speaking, is not to concentrate on amassing an abnormal amount of wealth but to determine how much money will make you feel secure. In other words, how…