days until our Collective Agreement expires, we are preparing, we are united and we will make change.

EAP Webinar – “Retirement – Are You Ready”

Due to high demand, Part I of the “Retirement – Are You Ready” webinar will be offered once again, in English, on April 27th from 1200-1345 EDT.

Part I
Are you retired or thinking of retiring?  Are you ready?  There are many aspects to retiring, and it is important that you are prepared. In 2000 18% of retirees retired with debt.  That number is now projected to be 67%.  Maybe not so coincidentally 67% of retirees continue to support their adult children. 47% of retirees worry about debt in retirement and the credit bureaus rank the 55+ and 65+ age groups as being at the highest level of risk for delinquencies and bankruptcies.  Come to our session, Retirement – Are You Ready Part I and learn what steps you should take to identify your debt and steps to tackle it.  Examine your sources of income, their respective tax implications and other areas of importance.

PLEASE NOTE: This presentation will be about things you need to look at going into retirement. The presenter is not an Air Canada employee and will not be able to answer any questions regarding the current Retirement Incentive from the Company.

To register for Part I of the “Retirement – Are You Ready” Webinar, please email mindfulness@accomponent.ca. In your email please include your full name and employee number.

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As a reminder, Part II of the “Retirement – Are You Ready” Webinar is currently only available in English and will run on April 29th from 1200-1330 EDT.

Part II
At any age, but especially as you approach retirement, there are certain items that we all need to attend to but put off.  Are you financial and household papers in order?  If you were to pass now would your spouse, your Executor be able to figure things out or would they have to deal with a mess of papers while struggling with their grief?  Are you comfortable with the differences between an Executor, a Power of Attorney, and a Health Care Directive?  Are you familiar with Wills, Probate, the cost of Probate and how to bypass this cost?  What happens to your debts when you pass, do they go to your spouse and other survivors?  Is there a way to help minimize costs associated with estate settlement?  Come to our session, Retirement – Are You Ready Part II and learn the answers to these and other questions.

To register for Part II of the “Retirement – Are You Ready” Webinar click on the following link:
https://forms.office.com/r/BErNu1LGmy

In Solidarity,

Mary Keough
Chair, Component EAP Committee