Five things you should leave your successor

... if you want them to succeed

Five things you should leave your successorThe great resignation is being talked about by people around the world. Not only are baby boomers retiring, but many people who have suffered from pandemic burnout are also changing their positions, selling their businesses and moving on to follow their passions. However, having invested time and energy into our positions, organizations and companies, we…

The forgotten legacy Claudette Bradshaw left to New Brunswickers

The Bradshaw Report attempted to look at the working conditions and benefits levels in non-profits

The forgotten legacy Claudette Bradshaw left to New BrunswickersThe recent death of former federal cabinet minister, and community activist, Claudette Bradshaw provides us with the opportunity to re-examine one of the very rare attempts at looking at the working conditions and benefits levels in the non-profit sector in New Brunswick. The Bradshaw report is a forgotten legacy left to the people of New…

What you need to know if you’re selling your business

You need to increase profitability, get the business to run without you, start planning and be creative

What you need to know if you’re selling your businessForty-one per cent of businesses in North America are owned by baby boomers between 55 and 75 years old. These people are actively thinking about retirement and how they will get their money out of the business. Research shows that, in many cases, up to 90 per cent of a business owners’ equity is tied…

Designing ‘forever homes’ where people can stay as they grow older

Innovative, low-cost features that make it easier for homeowners to maintain their independence over the long term

Designing ‘forever homes’ where people can stay as they grow olderWhat does a home look like for someone who wants to stay there as they grow older? It’s a question that a University of Alberta researcher and an Edmonton-based homebuilder are tackling through innovative design. Collaborating with Effect Home Builders and using evidence-based research, doctoral candidate Lara Pinchbeck is helping identify meaningful features that can help design forever…

Why Canada needs more people working longer

Why Canada needs more people working longerOrganizations in Canada will face shortages of skilled workers if they don’t find ways to keep retiring ones working longer, according to a University of Alberta gerontology researcher. Donna Wilson also says early retirement isn’t necessarily the pathway to happiness people think it is. “Most people are at the top of their game when they…

CPP doesn’t need to be overhauled, it needs to be killed

When it comes to how and how much workers should save for retirement, the federal government doesn’t know better than Canadians themselves

CPP doesn’t need to be overhauled, it needs to be killedAs the calendar flipped to 2020, the federal government again made the Canada Pension Plan (CPP) tax more expensive, even though CPP doesn’t help the economy or workers. The combined employee and employer contribution rate has risen from 10.2 per cent in 2019 to 10.5 per cent this year, while the maximum taxable amount (but…

Embracing the country life

Part 2 of the retirement dilemma: city mouse or country mouse? It's time to put an end to urban living

Embracing the country lifeWe began to embrace country life in 2004 when we bought recreational property at the north end of the Sunshine Coast, two ferry rides and about 100 km of driving up-coast from Vancouver. Still living in Calgary, we knew it was time to start planning for retirement and the post-work world. Our 24 acres fronts…

The retirement dilemma: city mouse or country mouse?

Part 1: Defining the attributes of your successful retirement community

The retirement dilemma: city mouse or country mouse?Who says you have to go on living in the same location when you retire? The choice is yours. City or country retirement is ultimately a personal decision. But it draws significantly on your prior life, and the skills and personal attributes you can bring to the retirement community you choose. How you retire is…

RRSP or TFSA? Sorting out an investor’s dilemma

If you build up the money in your TFSA while you’re working, you can draw from it tax-free any time

RRSP or TFSA? Sorting out an investor’s dilemmaK.M. wrote to ask if she should stop making registered retirement savings plan (RRSP) contributions and instead focus on her tax-free savings account (TFSA). With a little personal information from K.M., we decided it would be best for her to focus on her TFSA. Here’s why: K.M. works in a job she’s likely to leave…

The payoff from Empty Nest syndrome is huge

One of the real pluses of being an Empty Nester is that you are no longer on view as a role model 24/7

The payoff from Empty Nest syndrome is hugeFree at last, free at last! The children have grown up and moved away, your house is your own to do with what you will and your schedule is now open to anything you wish to pursue. So why are you so divided in your feelings? Empty Nest syndrome hits when your daughter or son…
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