Model railroads, military history and travel help fill this former business owner’s time in retirement

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‘Don’t wait for society to come to you; get out there and do things and meet people,’ says Ted Lennox, 72, of Ottawa

Ted Lennox, a retired engineer, builds model railroads in the basement of his Ottawa home. Mr. Lennox is pictured here with his wife, Nancy.. Get exclusive investment industry news and insights, the week’s top headlines, and what you and your clients need to know. For more from Globe Advisor, visit our

I did expect to work as a consultant after I retired. My first assignment was to go to the European Arctic to help fix a project that had gone off the rails. That was when I realized how relieved I was to have left the stress and responsibilities of the business world behind. Today, I provide only occasional ad-hoc advice to my former employees on a pro bono basis.

I also have a model airplane collection and an extensive military library that keeps me busy and engaged. During the pandemic lockdowns, I researched and wrote a biography of my airport architect father, who served in the Polish Air Force in the Second World War. My wife and I have been saving for retirement for decades. Still, it wasn’t until we switched advisors in 2007 – dumping our mutual fund and some double-leveraged positions in favour of stocks – that our retirement accounts really started to grow. Selling the business has also helped us live comfortably.

 

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