I have talked about retirement planning before. The reality of my retirement is not going to be what it was for my father. The Baby Boomers generation is the ONLY generation to ever manage to “retire”. This is because the whole economic model has changed significantly in the past 20 years.
I say this knowing that the concept of the “pension” is changing drastically in most companies. It is no longer a benefit or right for employees. Instead, it is becoming a shared system between employees and employers. We will live longer. This means we’ll need more money because we will last longer. We’ll also need some pretty darn good health insurance.
Our friends at BMO Nesbitt Burns sent me an e-mail. It is about a bunch of podcasts they have put up on the web (for free). The e-mail asks the question What Will Your Retirement Look Like? Normally, I don't just throw stuff up on my site willy-nilly. However, since this is free, it is worth at least a listen. Remember where it is coming from as well. They want you to invest with BMO Nesbitt Burns.
See what you think of it. This is an unpaid mention of this product. It is not an endorsement. It is more of an informative pointer to get more information. Of course, we know what happens with some of my Helpful Advice. Read: A parable about advice... (not just financial) .
