Tag Archives: FreefromBroke

Oct 14: Best from the blogosphere

By Sheryl Smolkin

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From almost the first day you started working, you began saving for retirement by paying into a pension plan or an RRSP. But now that you are on the “home stretch” to life after work, have you decided what you are going to do with your time?

Brighter Life’s Dave Dineen says now that he is retired, “What do you do?” is the question he dreads the most. Read how he seizes the day, does whatever he likes and makes up for lost time.

On FreefromBroke, Brianna discusses 9 things to do when you retire. Go back to school, travel, volunteer, start a business or start a blog! Suddenly your options are endless.

Huffington Post, senior editor Ann Brenhoff ponders how so many aspects of her personal life flow from her work. She says, “For my retirement equation to balance, I need the sense that I am essential to something or someone. And that’s what I fear trips up a lot of us. Is taking a photography class at the library really going to rock my boat?”

Daniel, a guest blogger on Boomer and Echo took a package after a 40 year career. Since then, he has had opportunities to work part-time but he is so busy with hobbies that he no longer wants to be tied down to a calendar.

And David Ashton notes in an August 2012 MoneySense article that Canadians can no longer rely on pensions, government benefits and bull markets to carry them through their golden years. He offers 7 strategies to make your money last including reinvent your job and cash in on the equity in your home to move to a less expensive area.

Do you follow blogs with terrific ideas for saving money that haven’t been mentioned in our weekly “Best from the blogosphere. Share the information with us on http://wp.me/P1YR2T-JR and your name will be entered in a quarterly draw for a gift card.

May 20: Best from the blogosphere

By Sheryl Smolkin

blogospheregraphic

This week we bring you blogs that focus on some things you need to know if you are getting ready for retirement.

On Retirehappy.ca Jim Yih asks whether or not we need a debt course and exam before we take on more debt.

Riscario Insider discusses why you should have a financial Plan “B” and not purchase all of your wealth management services (i.e. banking, financial planning, investments and insurance) from one place.

Rob Engen explains on boomer & echo why David Chilton’s rule of thumb that you should save 10% of your income for retirement may no longer be enough.

In contrast, on Canadian Dream: Free at 45 Dave says that he is a constant saver, and when he retires he’ll have to figure out how to start spending more of his income.

And those of you who wonder whether you need life insurance in retirement should check out this post on FreefromBroke.

Do you follow blogs with terrific ideas for saving money that haven’t been mentioned in our weekly “Best from the blogosphere?”  Send us an email with the information to socialmedia@saskpension.com and your name will be entered in a quarterly draw for a gift card.