Jonathan Chevreau, of the Financial Post, writes in his blog The Wealthy Boomer, 70% of young Canadians aged 25 to 34 have begun a savings plan.
link to Jonathan's blog
Jonathan suggests that the Generation X and Generation Y's put the Boomers to shame on retirement savings. Yet his point close to the end of his blog is to reflect on what are the savings for?
Short term or long term goals. Although evidence and my personal experience shows that this group of x and y's have more balance with their work and life goals than the boomers have.
Following up on this topic, in today's London Free Press, P.J. Hartson writes about Boomers must plan retirement.
So this leads me to wonder what is the vision boomers' have for retirement. Is it when we are pink or blue haired and living in a retirement home, is it when we make a career transition from the corporate world to a life passion, or is it when we downsize our life possessions and wants to a more "civilized lifestyle"?
Great conversation for a hot summer night.
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