Every average Canadian will eventually retire; leave the workforce and live off the income that they have saved. For most people, retirement will happen around the age of 65, and it usually comes with a significant drop in income. According to a Statistics Canada report that looked at incomes in 2012, 12% of all seniors are Read more about Simplified Retirement Planning[…]
Life expectancy is an important topic for retirement planning. To make sure you can live comfortably throughout your entire life, you need to know how long you will need to support yourself. To get an idea of life expectancy, we can consult the information provided by the government. Since we are based in Canada, we will Read more about Life Expectancy[…]
This post is of a more theoretical nature, rather than practical advice. Let us know in the comments or via e-mail if you would like more posts like this in the future. As the public becomes more financially educated, there is bound to be a greater amount of individual investment in the stock market. After Read more about Are There Enough Investments for Everyone?[…]