Friday, February 10, 2006

How Much Do you Need to Retire?

Hi:

Well, last week's National Post had a large feature on "The Number". This is the title of a new book by Lee Eisenberg. The article starts, "what price freedom?".

It goes from there and describes how different types of people pick a number that they believe would satisfy their needs in this world. He describes the four different types of people as: the procrastinator, the plucker, the plotter, and the prober.

If we had that magic number in assets, however which way we arrived at it, we would, as the article says, say Sayonara, Au Revoir, So Long, Tootle-oo, See ya later, Ciao, I'm outta here, Adios, I quit and Bye Bye.

This number is interesting to contemplate in Canadian terms. Ten million of us in Canada are gleefully looking at that day when we won't need to get up in the morning. We will change the way this country operates, much of the same way we did in the last half-century. Such is the power of demographics. As we went through our decades of life, society changed. More tomorrow.


M.

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