Quitting Time - The Risks of In-Tandem Retirement for Women

This is a common scenario: Hubby is 62, the average age of retirement for men in Canada. 1 After a lifetime of work, he’s ready to call it quits. He wants to enjoy the fruits of his labour while he still can—travel, golf, sex in the afternoon. He’d like to share these activities with his wife encouraging her to quit the rat race, too. His wife is several years younger. What does she do? If she’s like most women, she probably punches her last timecard and bids her...