BlissfullyUnawareCanadian
Member
- Location
- Kingston, Ontario
I am 51, my husband is 47 turning 48 in a week. He can retire at 56 with a good pension, and I have a disability pension and will receive a small work pension at age 60.
We are Canadian. We have two young kids still at home (ages 13 and 9). So they will be in their late teens/early 20’s when my husband retires.
My husband and I haven’t travelled much - we have travelled but only 2-3 bigger trips (to the Caribbean or South America mostly). We both want to travel more, so hopefully an early retirement will allow this.
Our finances are okay, and with some rental property income and our pensions and dividend income, we should be fine. But rent and dividends are not guaranteed - likely, but we can’t count on either to cover our basic expenses.
I feel as though so many people seems to just know where they want to move when they retire. For us it will depend heavily on what our children do and where they move to. So I feel a bit off trying to think about our retirement. But I dream regardless.
For those who are retired, are there things you wish you had done when you were still working? Or anything you wish you had planned differently?
We are Canadian. We have two young kids still at home (ages 13 and 9). So they will be in their late teens/early 20’s when my husband retires.
My husband and I haven’t travelled much - we have travelled but only 2-3 bigger trips (to the Caribbean or South America mostly). We both want to travel more, so hopefully an early retirement will allow this.
Our finances are okay, and with some rental property income and our pensions and dividend income, we should be fine. But rent and dividends are not guaranteed - likely, but we can’t count on either to cover our basic expenses.
I feel as though so many people seems to just know where they want to move when they retire. For us it will depend heavily on what our children do and where they move to. So I feel a bit off trying to think about our retirement. But I dream regardless.
For those who are retired, are there things you wish you had done when you were still working? Or anything you wish you had planned differently?