MROO Retirement Planning Seminars Why we offer them What they include Protecting the pensions and...

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MROO Retirement Planning Seminars Why we offer them What they include Protecting the pensions and enhancing the quality of life for all OMERS pensioners.

Transcript of MROO Retirement Planning Seminars Why we offer them What they include Protecting the pensions and...

Page 1: MROO Retirement Planning Seminars Why we offer them What they include Protecting the pensions and enhancing the quality of life for all OMERS pensioners.

MROO Retirement Planning Seminars

Why we offer themWhat they include

Protecting the pensions and enhancing the quality of life for all OMERS pensioners.

Page 2: MROO Retirement Planning Seminars Why we offer them What they include Protecting the pensions and enhancing the quality of life for all OMERS pensioners.

MROO Retirement Planning Seminars

20142015

20162017

20182019

20202021

20222023

20242025

20262027

20282029

20302031

20322033

20340

1000

2000

3000

4000

5000

6000

7000

8000

OMERS PROJECTEDNEW RETIREESANNUALLY2014 to 2034

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Average Length of Working Lives vs Average Length of Retired Lives in Canada

40 yrs

37 yrs

34 yrs

32 yrs

28 yrs

25.5 yrs

21.5 yrs

17.3

1970s 1980s 1990s 2000s

MROO Retirement Planning Seminars

Page 4: MROO Retirement Planning Seminars Why we offer them What they include Protecting the pensions and enhancing the quality of life for all OMERS pensioners.

MROO Retirement Planning Seminars

Retirement’s Not Always Rosy • Published research indicates:– 5-16% more mobility difficulties– 5-6% more illness conditions– 6-9% lower mental health metrics– More chronic disability, chronic illness– Psychological: identity disruption, decision paralysis,

diminished self-trust, domestic friction

Page 5: MROO Retirement Planning Seminars Why we offer them What they include Protecting the pensions and enhancing the quality of life for all OMERS pensioners.

MROO Retirement Planning Seminars

OMERS Education Team• All about your OMERS pension

MROO Seminar• Information: CPP, OAS, Wills, Powers of Attorney• Discussion: Are you ready to retire?

– Your budget: What will you need/want?– What are you looking forward to?– What do you fear about retirement?– What will you do with your time?– Will you want retiree health insurance?

• MROO lifetime membership• MROO Retirement Planning Guide

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MROO Retirement Planning Seminars

Retiree Panelslook back on their own retirement experience

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MROO Retirement Planning Seminars

OMERS Education TeamPhil Hollins

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MROO Retirement Planning Guide

RETIREMENT READINESSPLANNING FOR LIFE AFTER WORK

Financial, Social, Psychological, Health-Relatedand Legal Points to Consider Before RetiringPrepared by Municipal Retirees Organization Ontario for its members

NEW !

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MROO Retirement Planning Seminars

THANKS TOTimmins Centre Wellington County of DufferinElliot Lake County of Lambton OrangevilleTemiskaming Shores St. Thomas Scugog /UxbridgeParry Sound Essex County Rideau LakesMuskoka Waterloo City Greater NapaneeSpringwater York Region Leeds GrenvillePenetanguishene Newmarket Stormont DundasWasaga Beach Richmond Hill and Glengarry