When modern retirement took shape in the mid-20th century, life expectancy was barely 70. Most people spent only a handful of years in retirement—if they lived that long.

But times have changed.

People are living longer, healthier lives, and the nature of work has evolved. Knowledge-based careers, flexible work arrangements, and digital connectivity mean that retirement is no longer about stopping—it’s about discovering what comes next.

We can help navigate this new reality by creating a retirement plan that adapts to your evolving needs and aspirations.

How We Help You Redefine Retirement

Instead of fully exiting work, many retirees today choose a phased transition rather than an abrupt stop. Some launch businesses or embark on encore careers. Others combine work, education, and leisure into a portfolio lifestyle.

• Retirement is about what comes next, not just stepping away from work. A recent study by Edward Jones found that 53% of pre-retirees see retirement as a new chapter focused on meaning and fulfillment.

Statistics Canada data reflects this shift:

• 55% of those planning to retire would work longer if they could reduce their hours.
• 49% would extend their careers if fewer hours didn’t impact their pensions.
• 43% would stay in the workforce if their job was less stressful.

Instead of asking yourself, “When should I retire?”, we look at, “How do I want to design my next chapter?”

Three Ways To Support Your Retirement Planning

1. Creating a Flexible Transition Plan
   The traditional approach assumes retirement happens at a fixed age. But many people today want flexibility. We help build a plan that allows for phased retirement, sabbaticals, or part-time work while maintaining financial security.
2. Customizing Your Investment and Withdrawal Strategy
   The conventional retirement model assumes a steady drawdown of assets, but this may not align with the realities of modern retirees—especially those continuing to earn income.

• You can use a growth-oriented portfolio if you plan to keep working, create a withdrawal plan that adjusts to variable income sources, and optimize your CPP and OAS strategies for long-term financial security.
  

  3. Designing a Retirement That’s About More Than Just Money.

Retirement isn’t just about financial security; it’s about designing a fulfilling, healthy life. We’ll work with you to ensure your plan includes purpose, engagement, and social connection.

• Staying engaged in meaningful work contributes to better health and longevity.
• Retirees who lose their sense of purpose often struggle with mental health challenges.
• Social engagement is a key predictor of happiness and well-being.

Have you thought about how you’ll stay active, engaged, and connected in retirement? A retirement plan that ensures not only financial stability but also a rich and meaningful life.

Source: Simon Chan, MBA, CFP is a strategic advisor on longevity & retirement innovation, and the founder and CEO of Adapt with Intent Inc.