I was saddened to hear that Leonard Cohen, yet another famous Montrealer has passed on, but his music will leave a legacy that will live long past all of us. Mr. Cohen, unfortunately, was also a victim… Read More »Leonard Cohen a Cautionary Retirement Story
Don’t be afraid to live with your parents? What if your parents (who love you) don’t want you to move back in with them? Ever thought of that?
How long are you going to live ? This is a crucial part of your retirement planning, if you plan to live a long time you’ll need MORE MONEY!
Big Cajun Man emphasizes the importance of considering one’s health parallel to finances while planning for retirement. Regardless of the ease of pension planning for civil servants, if one is unfit or deceased, all the financial preparation is meaningless. He emphasizes regular exercising, in his case going to the gym, to sustain healthy knees and heart in elder years. He also implicitly discourages smoking by correlating it with his father’s immobilized retirement conditions and urges smokers to redirect their smoking expenses towards retirement and start exercising.
Remember when the TFSA limit was $10,000 for a while, those were happy times, even when we thought it was for Rich Folk’s benefit.