TD Waterhouse Study: Life a mixed bag for retirees

Financial giant TD Waterhouse is out with its first-ever survey examining Canadians' satisfaction in retirement. Bottom lines: (1) unexpected, tough adjustments to life after work; and (2) widespread realization that money provides the means to, not the ends of a happy retirement.

Among the findings, as reported in Canada's National Post:

- A quarter of retirees aged 55 to 70 found it hard to adapt to a life no longer defined by their work;