An integral part of a well-conceived, property-balanced financial plan. The best time to start a retirement savings plan is as early as possible. The sooner you start, the healthier your financial future and the more flexibility and freedom you will have in deciding the how, when and where of retirement. If you have retired, you want to make certain the money you have accumulated continues to work for you.
There are three pillars of retirement within the Canadian retirement system. As the proportion of our population is nearing retirement increases dramatically, there are growing concerns over the ability to finance effectively in the future. This impacts you and how you plan your future. Understanding your risks is crucial.
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The Three Pillars of Retirement