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Sherry Cooper: the new retirement

The rules for retirement have clearly changed, and Sherry Cooper wants you to embrace them with open arms. Cooper, a strategist with BMO Financial Group, believes we should be able to work as long as we want and make as much money as we like. This means taking advantage of our peak earning years. "Why truncate them prematurely, at 55 or 62 or 65, if you still like what you do and you still feel that you're having fun?" she asks in this 2008 clip.

Maybe she'd be open to author Tim Ferriss's idea of a mini retirement. He proposes we "test" our utopian retirement, whether it be sailing around the world or lying on a beach sipping a Corona.

• Sherry Cooper has an MA and PhD in economics from the University of Pittsburgh. She began her career at the Federal Reserve Board in Washington. Five years later, Cooper joined the Federal National Mortgage Association (Fannie Mae) as director of financial economics. In 1983, she moved to Canada and became chief economist at Burns Fry trading and underwriting. She is a regular TV and radio guest.

• Early 2008 saw the publication of Cooper's third book The New Retirement: How It Will Change Our Future.

• In this 2001 clip Cooper explains declining markets in a post-Sept. 11 world and the effect on Canadians.

 

• Tim Ferriss's book The 4-Hour Workweek is a New York Times bestseller. Ferriss was nominated by Fast Company magazine as one of its "Most Innovative Business People of 2007". According to his website, he is an "angel investor" (an individual, usually affluent, who provides capital for a business startup) and runs a multinational firm from wireless locations worldwide. He has been invited to speak at some of the world's most innovative organizations, including Microsoft, Google, MIT, PayPal and Princeton and Harvard universities.  

Medium: Television
Program: Sunday Night
Broadcast Date: March 2, 2008
Guest(s): Sherry Cooper, Timothy Ferris
Host: Carole MacNeil
Duration: 5:44
This clip was edited for copyright reasons.

Last updated: February 9, 2012

Page consulted on March 28, 2012

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