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How the Wealthy are Redefining Their Retirement

By
Real Estate Broker/Owner with Envelope Real Estate Brokerage Inc

How the wealthy are redefining their retirement and the concept of a "traditional" retirement is a relatively recent phenomenon.

When retirement schemes were first introduced at the end of the 19th century, retirees were lucky to live just a few more years after stopping work. But increased life expectancy means that today's retirees are often enjoying 20 to 30 years of leisure at the end of their working lives.

In Barclays Wealth Insights and their wonderful insightful presentation "The Age Illusion How the Wealthy are Redefining Their Retirement" you will find it quite useful not only for yourself personally but potential as a service provider to these people who are sometimes called "Nevertirees"

Assessing the impact of the Nevertiree and understanding the role that I as a REALTOR* and, a Nevertiree is exciting and something I can relate to. (TheNevertiree part, not the wealthy part!)

I have many clients who have started second or third careers, or are still growing their business and really enjoying life.

Their real estate needs are quite different than our traditional retiree and I see a vibrant niche that is rapidly growing!

 

Posted by

Ty Lacroix Broker of Record & Owner

          

'NOT ALL REALTORS* ARE THE SAME', One call or email to me and you will know why!

Your London and S/W Ontario source for results!

519-435-1600   www.enveloperealestate.com

Indera Coggins
Re/Max 100 - Dunkirk, MD

WOW. I cannot believe people are starting second and third job to boost their retirement. Makes me feel like I need to get a jump start myself.

Nov 01, 2010 05:18 AM
marti garaughty
garaughty.com - Montreal, QC
a highly caffeinated creative type...

marti garaughty, The Art of Marketing YOU

Nov 01, 2010 05:28 AM
Ty Lacroix
Envelope Real Estate Brokerage Inc - London, ON

Indera: Most are starting their next career because they want to.

Marti: Thank you

Ty

Nov 01, 2010 05:32 AM
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

Ty,

You were quite right about earlier retirees, but life expectancies are increasing.

Brian

Nov 01, 2010 11:47 AM
David Langlois
One Percent Realty Vancouver Island - Victoria, BC

Hi Ty,

I quite agree with you that is a niche worth staking.  My father has retired 4 times from 4 different carreers, (we quit throwing him parties after the third time!)  Mostly my mom doesn't like him around I think.

David

Nov 01, 2010 03:08 PM
Ty Lacroix
Envelope Real Estate Brokerage Inc - London, ON

Brian, living longer and contributing longer go hand in hand.

Ty

Nov 01, 2010 10:56 PM
Ty Lacroix
Envelope Real Estate Brokerage Inc - London, ON

David, another reason to start a 5th or 8th career! lol

Ty

Nov 01, 2010 10:57 PM