New Benefits to Working While Retired
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New Benefits to Working While Retired

The recently released federal budget has a few new wrinkles. The Liberal government announced changes in the budget that will benefit those working through their retirement.

In particular, the federal budget allows working seniors to keep more of their income before triggering a claw-back in the Guaranteed Income Supplement (GIS). Under the old rules, eligible seniors and their spouses can only earn up to $3,500 a year per person before triggering a reduction in GIS benefits, and earnings from self-employment were ineligible for an exemption.

Under the new rules eligible seniors can earn up to $5,000 from any combination of employment and self-employment income before the government rolls back benefits.

The changes come into effect in July 2020 and will cost the federal government close to $1.8 billion over four years.

Another development is a proposal to introduce ‘advanced life deferred annuities’ or ALDAs to seniors. These annuities would pay out a set amount once activated on a
specific date. Currently annuity payouts must start by age 71.

With an ALDA however, Canadians could defer payouts until their 85 th year of age. The measure was proposed to try help Canadians keep more money in their registered retirement income funds (RRIFs) for longer.

Overall, this is welcome news to those who are working while retired. A lower tax bill encourages more engagement in the economy at a time when life spans are expanding, and experienced professionals have a lot to offer and companies that
need their wisdom.

How Many People Are Retiring?
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How Many People Are Retiring?

In the United States alone, close to 10,000 boomers are retiring every day. While that may seem like an inflated figure, according
to Pew Research and the Social Security Administration it’s accurate.

This begs the question – are North Americans prepared to live comfortably post full-time

While there is no easy solution, there are services that work to leverage the skills of experienced professionals in a way that suits their lifestyle.

Whether it’s entrepreneurship, contract work, volunteering or board advisory, there are many roles that would benefit from the vast experience and knowledge possessed by recent retirees.

Experience Kissimmee Florida
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Experience Kissimmee Florida

Written by Merit Travel

With activities and attractions for all ages, it’s no surprise why, year after year, families choose Kissimmee, Florida as their vacation destination. Famous theme parks, world-class shopping and dining experiences and minutes away from everything you need, Kissimmee is where to go to create memories that will last a lifetime.


The fairest of fairways and the greenest of greens. Any way you slice it, the golf courses of Kissimmee are some of the best in the Sunshine State. So, take advantage of their excellent Central Florida golf packages and specials. Elevate your game to the next level at one of their renowned golf academies. And putt around on championship layouts architected by legendary golfers. With year-round Florida warmth and 365 days of play, this is a golf vacation you’ll book again and again. It’s always tee time in Kissimmee!

Theme Parks & Outdoor Entertainment

Kissimmee is a great place to visit if you love spending time in the great outdoors. Not only is it the Gateway to the Everglades, it also offers multiple tours through the state including hiking, biking, canoeing and more. For a different point of view, why not go on a ziplining adventure, ride in a hot air balloon or horseback through Central Florida. Whatever you decide, it’s time to giddy up and go to Kissimmee!

Entertainment District

Dance the night away, listen to live performances of your favourite bands or check-in to a marquee sporting event, Kissimmee offers it all. Walk along the 90,000 square feet of Disney’s Boardwalk; shops, restaurants and nightclubs await. There’s also Universal CityWalk, home to live music, casual and fine dining, shopping, cinemas, and more. It’s never a dull moment when you come to Kissimmee

Arts & Culture

Take in a local art festivals and stroll through history at Pioneer Village at Shingle Creek. Be awed by masterpieces at the Orlando Museum of Art and the Cornell Fine Arts Museum. Be moved by the Museum of Military History, which details the American military experience during wartime over the past 100 years. Everywhere you turn, beauty and discovery come to life in Kissimmee through art, historic, and cultural attractions.


Places to Stay

The Omni Orlando Resort at Champions Gate is surrounded by 1,200 acres of well-preserved wetlands.  The resort is home to two world-class golf courses designed by renowned golfer Greg Norman. In addition to world class golf the property offers a signature Mokara spa, seven restaurants, an 850-foot lazy river and more recreation activities.

Reunion Resort, located in Kissimmee, Florida, is an exclusive 2,300-acre destination resort conveniently located 45 minutes from the Orlando International Airport and is minutes from Walt Disney World Resorts. This is the only place you will find Signature Design courses by three of golf’s greatest legends: Jack Nicklaus, Tom Watson and Arnold Palmer. The resort’s accommodations include luxury one-, two- and three- bedroom Villas plus multi-bedroom Vacation Rental Homes. Vacation Rental Homes also boast guest favorite features like private swimming pools, game rooms and even their own putting greens. Enjoy Reunion’s sought-after amenities as well as a luxurious gateway and the boundless fun this area has to offer.

Global Resort Homes is your connection for unique Orlando and Kissimmee vacation homes, town home and condos and are conveniently located near all the world class golf as well as Disney World, SeaWorld, Universal Studios, the Orlando Convention Center and other top destination attractions. Each resort community offers a family-friendly atmosphere and a variety of recreational activities to suit all ages.

Caribe Cove resort has everything you need for a comfortable stay, heated swimming pool, hot tub and sundeck, 24-hour fitness center, in-room massage treatments and more. It is conveniently located to many of the world-class golf courses that Kissimmee has to offer, so it will be a breeze to get to your tee time. Need to enjoy some of amazing attractions and dining options in Kissimmee as well? Caribe Cove is a convenient place to stay to experience all that you need to in Kissimmee.

Ready to experience Kissimmee? Contact your local Merit Travel Consultant at 1.866.341.1777 and mention you are a Boomers member, or visit

Shortage of Skilled Labour Hurting Growth
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Shortage of Skilled Labour Hurting Growth

According to the Canadian Broadcasting Corporation, a shortage of skilled labour is hurting growth prospects of construction firms in Ontario. Government officials cited the “large number of retirements with the baby boomers retiring and moving on out of the industry” as one of the key drivers of the shortage in skilled labour.

According to the survey, 69 per cent of contractors in Ontario expect to have difficulty finding skilled workers while 62 per cent say they have experienced a shortage of skilled labour in the sector in the past three years.

A dearth of skilled labour is not restricted to Central Canada – in fact key provinces in Atlantic Canada are facing the same challenge in the construction industry. Notably the Construction Association of Prince Edward Island has launched an initiative to “increase access to skilled labour”.

Flex-Time Work Desired By Boomers
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Flex-Time Work Desired By Boomers

The Globe and Mail recently reported that Baby Boomers are seeking shorter-term employment to supplement incomes and pursue their passions.

In particular, older part-time workers are more likely to find jobs in management and finance roles as companies struggle to adopt retirement transition plans for senior leadership.

In another sign that the Boomer brain drain shows no signs of abating, the article reports that “The share of older Canadians in the work force is only going to keep growing.”