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Retirement Planning Centre
Planning for Your Retirement

For many Canadians, the key focus of their financial planning efforts is retirement. When it comes to retirement, we have observed two important things: First, many people today are retiring younger than the traditional age of 65.

Second, we're living longer. Keep in mind, retiring earlier and living longer have two clear implications; you'll have less time to build your retirement nest egg and when you do retire, that nest egg will have to provide you with an income for many years.

Determining how much you must save to retire, then, is a critical step towards a worry-free retirement. Generally speaking, you'll need a retirement income of somewhere between 70% to 100% of what you were earning prior to retirement. Things like your mortgage should be paid, and if you have children, they will, hopefully, not longer be dependent on you. Bottom line, retirement is about lifestyle. And the lifestyle to which you have become accustomed is directly related to what you earned before you retired.

 
 
Get Started

Your first step is to calculate how much you may need to retire comfortably. Then you can decide on the type of retirement products that are best for you.

Read through the information and if you have any specific questions send us an email and we would be pleased to help.

What's New

2021 RRSP FACTS

Get all the facts by downloading the latest version of the 2021 RRSP Facts report.

2021 RRSP Facts 
 

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