20 - 24% of our Population in Canada will be Seniors by 2035

WHAT AN IMPACTFUL STATEMENT!

By 2035 the number of seniors will swell to 22 - 24% of population.

And a high-growth scenario sees the number of Canadians swelling to 63.5 million.

The scenarios differ in their assumptions about future immigration levels, fertility rates and longevity. For planning purposes, the most sensible approach is to use the medium-growth scenario, which points to a national population of roughly 50 million a half century from now.

In all scenarios, the proportions of senior citizens within the population – defined as people aged 65 and over – edges higher. From 15.3 per cent today, the ranks of Canadian seniors will expand to comprise 22 to 24 per cent of the population by the early 2030s.
http://www.newsoptimist.ca/article/20141029/BATTLEFORD0304/310299999/0/battleford03

These are incredible numbers! With a population of  60 million people in Canada  (2035) 24% will be drawing a pension.    What else will they do differently?

• Buy fewer clothes
• Buy fewer houses
• Buy fewer Cars
• Livelonger off Pension Income
• Hold Houses Longer

There will be a spin off reduction in all things that are consumer based products as the seniors become more shut in.

So what are some solutions?

Is there an APP for that? Problem Solving

Is there an APP for that?   Instant Problem Analysis and Solution Implementation.

So many want an instant answer.   Just plug in the variables and out POPs your solution.

It would be perfect if it worked that way.

But the solutions and variables require skill and experience, understanding the dynamic, implementation,  they need your energy. After all,  It is your life.

• Will you procrastinate? 
• How will you handle negotiating with others?
• Does your personality let you move forward quickly?
• How strong are your problem solving skills?

Financial Analysis has exactly the same restraints.

• How is this investment risky for you, but not for someone else...
• Does this have Tax implications?
• How will your ability to borrow and available credit lines be impacted?
• What is the MOST important criteria in your selection?
• What is the Absolute MUST have?

The insights I provide are from two decades of working with families to solve their housing needs. Not every solution is for everyone.  Now, as we look towards retiring in place; we need more creative solutions and up to date information from Government Programs, Tax Credits and Home Care Assessments.  I'm here to propose solutions.

It would seem that retirement is not cheapER.

I welcome your thoughts and insights.

David Pylyp