Canadians are living longer, but navigating the aging process requires more than just financial foresight. It demands a clear vision, a defined goal, and a solid plan to shape the coming chapters of life.
Planning for a longer life
To help Canadians age safely, independently, and with continued control, RBC Wealth Management has partnered with key organizations. Experts delve into crucial questions surrounding finances, lifestyle, and care needs as people get older.
The team, featuring Dr. Joe Coughlin from the MIT Age lab, Dr. Khalil Sivjee of Cleveland Clinic Canada, Lynn Posluns of the Women’s Brain Health Initiative, and Audrey Miller of Elder Caring inc., addresses essential topics.
They explain why managing finances becomes increasingly vital with age,the role financial institutions play in health as one ages,and the potential impact of health on finances.
They also offer guidance on how to plan effectively once retired, whether people understand the true costs of care, and what the future of aging looks like. The consensus is clear: embracing longevity means learning to live well, for longer.
- Managing finances is crucial for aging well.
- Health can impact financial stability.
- Planning for retirement and care costs is essential.
Explore additional strategies, insights, and resources to help you plan for a long and healthy retirement by visiting the “Longevity: aging well” platform.
This content is for informational purposes only and does not constitute advice. RBC Wealth Management is an operating division of Royal Bank of canada. Please refer to the “Conditions of Use” link for more details on entities within RBC Wealth Management. All rights reserved. © Royal Bank of Canada 2025.
Why: RBC Wealth Management partnered with experts to address the growing need for financial and lifestyle planning as Canadians live longer.The initiative aims to help individuals navigate the complexities of aging and maintain control over their well-being.
Who: RBC Wealth Management collaborated with Dr. Joe Coughlin (MIT Age Lab),Dr. Khalil Sivjee (Cleveland Clinic Canada), Lynn Posluns (Women’s Brain Health Initiative), and Audrey Miller (Elder Caring Inc.).The target audience is Canadians planning for or currently experiencing retirement.
What: RBC Wealth Management launched a “Longevity: aging well” platform and partnered with experts to provide guidance on financial planning, healthcare considerations, and lifestyle adjustments for a longer lifespan. The platform offers resources and insights to help Canadians age safely, independently, and with financial security.
how: The partnership involved expert consultations and the growth of resources available on the “Longevity: aging well” platform. Experts addressed topics like financial management, the impact of health on finances, retirement planning, and the costs of care. The initiative emphasizes proactive planning and embracing longevity through informed decision-making. It ended with the launch of the platform and ongoing resource provision.
