So you’ve been procrastinating on your retirement plan and now you’re worried. Don’t despair, there is hope and time. Here’s what you can do to make retirement work.
Retirement planning is about managing your money so you can make the most of your retirement years. Your retirement plan should balance your needs, wants and the reality of your finances.
Deciding how and where you save your money is big part of your retirement plan. In Canada, the federal government and employers offer incentives to help you save money and build your retirement nest egg.
This online tool will provide you with retirement income information, including the Old Age Security (OAS) pension and Canada Pension Plan (CPP) retirement benefits.
Without a will, it would be much more difficult to get things done.
If you’d like to invest through a financial advisor or want to know how to get the best possible service from an advisor, consider using these tips and resources.
This site has some really useful information and tools.
In a disturbing new trend, more and more seniors are carrying debt into retirement. Seniors (60-plus) and pre-retirement debtors (50 to 59) are the fastest-growing risk groups, with rising numbers filing for bankruptcy.