Legendary actress Bette Davis famously said, “Getting old ain’t for sissies”—and neither is saving enough money for a fulfilling retirement.
Building a retirement nest egg takes determination, willpower, and a well-considered plan. But it can be done.
Turns out baby boomers—the generation whose youngest members are in their early 60s—have a pattern of behaviour and some wisdom to impart.
If retirement planning is one of your top goals, Money.ca shares five savvy moves that made many boomers wealthy by retirement age.
1. Avoid lifestyle creep
An improvement in your finances, such as a raise at work or an inheritance, shouldn’t be an excuse to go out and spend.
Boomers
→ Continue reading at BIV