Enjoying Your Retirement: Financial Strategies for the Golden Years" workshop:

Financial Security & Independence:

Budgeting & Income Management:

• Learn to create sustainable retirement budgets on fixed incomes

• Strategies for maximizing pension and government benefits (CPP, OAS, GIS)

• Understanding how to manage irregular income streams

• Smart spending techniques for stretching retirement dollars

Investment & Savings Strategies:

• Safe investment options appropriate for seniors

• Understanding RRSPs, RRIFs, and TFSAs in retirement

• Low-risk portfolio management for capital preservation

• Emergency fund planning for unexpected expenses

Fraud Protection & Financial Safety:

Scam Prevention Knowledge:

• Building on Ubuntu Legacy's successful fraud prevention workshops with Peel Police

• Recognizing common financial scams targeting seniors

• Protecting personal and banking information

• Safe online banking and digital payment practices

Legal & Estate Planning:

• Understanding wills, powers of attorney, and estate planning

• Healthcare directive planning and costs

• Beneficiary designations and inheritance strategies

• Long-term care financial planning

Lifestyle & Quality of Life Benefits:

Peace of Mind:

• Reduced financial anxiety through proper planning

• Confidence in making financial decisions independently

• Better sleep and mental health through financial security

• Empowerment to enjoy retirement without money worries

Social & Community Connection:

• Group learning environment builds supportive networks

• Sharing experiences and strategies with peers

• Culturally relevant financial advice for Afro-Canadian seniors

• Community accountability for financial goals

Practical Life Skills:

Post-Career Transition Support:

• Strategies for transitioning from work-based income to retirement income

• Managing the psychological shift from earning to spending savings

• Creating structure and purpose in retirement years

• Balancing frugality with enjoying your golden years

Healthcare & Aging Costs:

• Planning for increasing healthcare expenses

• Understanding insurance options and coverage gaps

• Budgeting for mobility aids, home modifications, and care services

• Prescription drug cost management strategies

Empowerment & Independence:

Decision-Making Confidence:

• Tools to evaluate financial products and services

• Understanding when to seek professional financial advice

• Building financial literacy for informed choices

• Maintaining financial independence and dignity