For seven years, Lee Wachtstetter has been living on a cruise ship at a cost of $164,000 a year according to USA Today. The Fort Lauderdale, Fla.-native sold her 10-acre property after her husband died on the advise of her daughter who suggested she spend her retirement doing what she loved.
“The day before my husband died of cancer in 1997, he told me, ‘Don’t stop cruising.’ So here I am today living a stress-free, fairy-tale life,” Wachtstetter says.
Wachtstetter’s story may seem like the ultimate fairytale but for most Canadians, a permanent vacation is not the dream.
“Many [Canadians] now view retirement as an opportunity for career re-invention,” says a study released by Canada Mortgage and Housing Corporation (CMHC). “Half [of retirees] want to launch a whole new career rather than continuing the same line of work they did in their pre-retirement years,” it adds. The same trend is happening in the U.S.
After working in real estate for the bulk of theirRead More »from There may be a better way to retire