Skip to main content

The Average Canadian Spends 2,000 Hours a Year at Work

Do you know how you want to fill your time once you’ve stopped working? If you said “no”, you’re not alone! Check out this quick video to see what other Canadians have to say about it:

Think About How You’ll Fill Your 2,000 Hours

When you stop working, you gain 40+ hours of free time a week. This may sound wonderful (and oftentimes, it is), but for some, the sudden change can lead to boredom, isolation and a decreased sense of purpose.

So, as you plan ahead for your retirement, don’t just think about the numbers—also think about what you want your retirement to look like. At RBC, we call this approach, “Your Future by Design®”.

What is Your Future by Design?

Your Future by Design is a discovery process that you walk through with an RBC Financial Planner. By asking the right questions, we can help you figure out what you want your retirement to look like. After we understand your goals, we look at what you own, what you owe, and where you stand—to design your plan.

How does it work?

1. Your Financial Planner will give you 8 “priority cards” that are designed to help you think through what you want out of retirement.

2. After reviewing the cards at home or with your Financial Planner, you pick your top 3 priorities from the 8 cards. For example, you may find that family, your legacy and your home are most important to you in retirement.

3. This process helps you figure out your goals and priorities and gives your Financial Planner insights to build your unique retirement plan!

What’s on the 8 cards?

The cards cover the topics below and include questions to get you thinking about:

  • Family
  • Health
  • Home
  • Lifestyle
  • Legacy
  • Mind & Spirit
  • Work
  • Your Business

What to Check Out Next

Knowing When to Retire

Retirement Readiness Case Study: James and Mary

Right-Sizing Case Study: Sophia and Raj

Let’s Start the Conversation

RBC Financial Planning is a business name used by Royal Mutual Funds Inc. (RMFI). Financial planning services and investment advice are provided by RMFI. RMFI, RBC Global Asset Management Inc., Royal Bank of Canada, Royal Trust Corporation of Canada and The Royal Trust Company are separate corporate entities which are affiliated. RMFI is licensed as a financial services firm in the province of Quebec.
The content of this publication is provided for informational purposes only and is not intended to provide specific financial, investment, tax, legal, accounting or other advice for you, and should not be relied upon in that regard. All charts, illustrations, examples, case studies and other demonstrative content are general and have been provided in this publication for illustrative purposes only. The case studies included do not represent actual events or real individuals. While efforts are made to ensure the accuracy and completeness of the information at the time of publication, errors and omissions may occur. Readers should consult their own professional advisors when planning to implement a strategy. This will ensure that individual circumstances have been considered properly and that action is taken on the latest available information. Interest rates, market conditions, tax and legal rules and other investment factors are subject to change.
Registered trademarks of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.