What’s New in Retirement

Current trends and developments effecting ARIA members.

Perspective is valuable in figuring out how things turned out the way they did. And when it comes to the retirement crisis facing the United States and other countries, Tom Harkin’s views on the subject are well formed. When he went to Washington DC as a rookie Congressman in the mid-70s, representing Iowa’s...

If it seems there are more wrinkles about, it’s because there are. And although those wrinkles may belong to smiling, healthy people, it’s a reality that Canada is an aging society, and that has profound implications for everything from health care to retirement planning. Not only is the population getting older,...

“I remember the day I got the job and asked if I had to make the pension contributions. I was told two things. Yes, they are mandatory, and the chief also told me that even if they weren’t mandatory, I’d be dumb not to contribute.” – Eric Taverner.  When Richmond Hill platoon chief Eric Taverner was a young...

A longer, healthier lifespan is generally taken as good news – at least with the Ponce de León crowd. Who would consider it otherwise? The trend, however, is also creating much angst amongst policymakers, pension fund managers, actuaries, as well as aspiring and existing retirees over how to pay for all those...

“If retirement hits all of a sudden, unexpectedly, take some time to digest the new reality before rushing into a whole new set of commitments. Take a little ‘flounder-around time’ to reconnect with your own personal internal value system. People who have taken the time to clarify their retirement vision will...

“We think the real retirement security issue in our country is the rapidly declining coverage in the private sector, almost non-existent workplace coverage in the service sector … to the point today that we have 65 per cent of Canadians who went to work this morning, almost 11.5 million of our workforce of almost...

“I definitely think we need to be more creative and innovative in the ways we communicate (about retirement income). Few understand how pensions work and how much they need to save. People search for information in different ways nowadays. Most people turn to their smartphone now, or use apps and games and the...