Retirement

Straight Talk and solid retirement advice for all Canadians In the face of government changes, financial market volatility, and an aging workforce, Canadians are understandably concerned about the impact on their finances and their future retirement. This reassuring book debunks the generally-accepted claims about necessary savings rates, which can cause paranoia among those beginning to contemplate retirement. The authors offer greater insight into planning approaches that are not widely understood, demystifies retirement targets (age, savings, income), and outlines concrete approaches to maximizing retirement savings. Offers practical advice for dealing with the changes to Canada's retirement system Includes advice for calculating your Neutral Retirement Income Target Contains solid financial advice in accessible language Written by the Executive Chairman and Chief Actuary of Morneau Shepell Canada's national actuarial consulting firm The Real Retirement offers a down-to-earth guide for preparing for comfortable retirement and shows what it takes to achieve it.

In the early 1980s world recession and widespread unemployment had accentuated an existing trend – more people retiring from work early and living longer after doing so. Some were adequately prepared for a life of well-earned ‘leisure’ in retirement, but too many were not. The policies of employers, unions and governments on retirement needed to be challenged in societies where work opportunities were collapsing but where leisure activities and values were not yet strong enough to take their place. Originally published in 1982, Dr Parker, a sociologist, provides a careful and critical examination of what we knew about retirement and discusses possible alternative answers to the various problems involved at the time. The history of retirement is first considered, followed by a conceptual analysis of types of retirement. There are chapters on preparation for retirement, the capacity of older people to work, and on the varying experiences of retirement. Separate consideration is given to the question of work after retirement age and whether retirement is actually experienced as leisure. The concluding chapter examines various policy alternatives for dealing with the problems raised earlier in the book. Work and Retirement was intended for students of industrial sociology and industrial psychology, for personnel and human resource professionals, for trade unionists and for all those who had an interest in understanding the developments in the field of retirement and the older working population. Now it can be read in its historical context.