Key points from article :
Edward Jones retirement study released its key findings uncovering changes in how Canadians perceive and experience retirement.
Over half are "reinventing themselves" in retirement, with 60% wanting some form of work.
Ideal retirement length is 27 years, but planning lags with average start of saving at 37.
50% of new retirees fear outliving savings, and only 33% feel financially secure.
Journey unfolds in 4 stages: Anticipation, Liberation/Disorientation, Reinvention, & Reflection/Resolution.
Proactive adjustments to plans needed throughout retirement, not just pre-retirement.
Health care preferences, legacy planning (wills, power of attorney) often neglected.
Start planning early, recalibrate throughout, and address health & legacy issues.
