Episode 76-Living in a Car after 60: The New Reality?

More women over 65 are living in poverty, sleeping in cars, couch surfing, and facing retirement alone. Journalist Moira Welsh joins The Small Change Big Gains Podcast to explain why this crisis is growing, and what it says about the future of retirement. Retirement and long-term financial planning often look different for women, and in this episode, we dive deep into the specific strategies needed to secure your financial future. We cover the unique challenges women face from the wealth gap to longer life expectancies and provide actionable "small changes" that lead to "big gains" over time. Whether you’re just starting your career, managing a household, or looking toward retirement, we discuss how to navigate your financial journey with confidence. Connect with us: Website: https://www.nbfwm.ca/advisor/the-durkin-dietz-group.html Instagram: https://www.instagram.com/durkindietz/ LinkedIn: https://www.linkedin.com/in/amy-dietz-graham-261735215/ Book Links: Amazon- https://www.amazon.ca/Astonishing-Lives-Older-Women-Longevity/dp/1770418008 Indigo - https://www.indigo.ca/products/the-astonishing-lives-of-older-women-how-to-create-pleasure-over-peril-in-peak-longevity Independent store: https://www.indiebookstores.ca/book/9781770418004/ #SmallChangeBigGains #WomenAndMoney #FinancialPlanning #RetirementCrisis #MoiraWelsh #WealthBuilding Video Chapters 0:00 - Introduction: The Long Run Ladies Journey 02:45 - Financial Reality: Breaking Down Retirement Costs 06:12 - The Hidden Costs of Extra Care and Support 09:30 - Redefining Community: Senior Women Living Together 13:15 - Combatting Isolation Through Shared Living 16:40 - The "Living Car" Concept and Mobility 20:05 - Strategic Planning for Long-Term Independence 24:50 - Legacy and Lessons from the Podcast 28:10 - Final Reflections and Closing Thoughts National Bank Financial - NBF is a member of the Canadian Investment Regulatory Organization (CIRO) and the Canadian Investor Protection Fund (CIPF), and is a wholly-owned subsidiary of NBC, a public company listed on the Toronto Stock Exchange (TSX: NA). NBF is not a tax advisor and clients should seek professional advice on tax-related matters, including their personal situation. Please note that comments included in this letter are for information purposes only and are not intended to provide legal, tax or accounting advice. The comments reflect the opinion of their author only and may not reflect the views of NBF