Getting busy in retirement

January 31, 2023 | Portfolio Advisor – Winter 2023


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Five activities to help live a fulfilling life.

holding womans hand and smiling

“Retirement is not a permanent vacation!” is a common refrain of retirees who are succeeding in life after work, and it reflects the need to be active – and actively engaged in – meaningful pursuits during this important life stage. With their work life behind them, retirees often must deal with the challenge of finding activities that can provide them with the fulfillment and social interactions that their careers or businesses once did. And, with Canadians living longer than ever, our “golden years” can potentially stretch over 30 or 40-plus years.

That’s a lot of time to fill and, unfortunately, many retirees who enter retirement with little or no planning around what they will do find themselves eventually without a purpose or mission in life. This can lead to a sense of emptiness, malaise and isolation.

“The trick to a fulfilling retirement is staying engaged and energized with activities that bring you a sense of fulfillment, meaning and social engagement,” says life care planning, aging and caregiving issues expert Audrey Miller, founder and managing partner of Elder Caring Inc., and RBC Wealth Management partner.  

To help, here are five activities that Audrey suggests you can do to “get busy” and help ensure you are enjoying a fulfilling retirement:

While this list is not exhaustive, it is important to consider how you want to spend your time in retirement to ensure that you remain engaged, active and socialized. And activities can remain part-time or manageable and flexible, allowing a retiree to enjoy the benefits they offer, while still leaving time to engage with family and friends – or, to just truly enjoy one’s well-earned time in retirement, writing your next chapter when and how you see fit.  


This information is not intended as nor does it constitute tax or legal advice. Readers should consult their own lawyer, accountant or other professional advisor when planning to implement a strategy. This information is not investment advice and should be used only in conjunction with a discussion with your RBC Dominion Securities Inc. Investment Advisor. This will ensure that your own circumstances have been considered properly and that action is taken on the latest available information. The information contained herein has been obtained from sources believed to be reliable at the time obtained but neither RBC Dominion Securities Inc. nor its employees, agents, or information suppliers can guarantee its accuracy or completeness. This report is not and under no circumstances is to be construed as an offer to sell or the solicitation of an offer to buy any securities. This report is furnished on the basis and understanding that neither RBC Dominion Securities Inc. nor its employees, agents, or information suppliers is to be under any responsibility or liability whatsoever in respect thereof. The inventories of RBC Dominion Securities Inc. may from time to time include securities mentioned herein. RBC Dominion Securities Inc.* and Royal Bank of Canada are separate corporate entities which are affiliated. *Member-Canadian Investor Protection Fund. RBC Dominion Securities Inc. is a member company of RBC Wealth Management, a business segment of Royal Bank of Canada. ® / TM Trademark(s) of Royal Bank of Canada. Used under license.