The notion of retirement in the Western world has been changing since the mid 20th century, and it will continue to change as the population increasingly gets older. To get an appreciation for what that means and what can be done, these three articles are worth reading:
- It’s Time to Say It: Retirement Is Dead. This Is What Will Take Its Place | Inc.com
- Baby boomers delaying retirement: It’s a myth, because retirement is inevitable, and bleaker than ever.
- This Is What Life Without Retirement Savings Looks Like
Not fun reading, but essential.
If you are daunted and dismayed with the impossibiity of saving for retirement, then read this.
A few thoughts:
- It’s written for Americans, but it works just as well for Canadians. (Replace 401K with RRSP).
- You may still not be able to retire, but the more you save, the more cushion you have for later.
- It may help you get to sleep at night when your brain starts saying: you are doomed to die old and poor!
If you ever thought about living in a Tiny Home, here’s your chance to try them out before you buy one. Simply rent one of the ones listed here: Tiny House Rentals for Your Next Getaway (Apartment Therapy). There is a range of places and styles and prices for them.
I have thought of living in one myself, but wondered if I could manage. This could be one way to find out.
Photo courtesy HomeAway
My former colleague and all around great person, Annie English, has a book and a blog on how to retire young. The Toronto Star has reviewed it here: Here’s how this couple retired at 48 in expensive Toronto: Roseman | Toronto Star. Annie and her husband, Rich, were disciplined before retirement, and that discipline has paid off. If you want to learn how they did it, check out the Star article, or their blog, Retired At 48. If this is something you want to achieve, buy the book, too.