Gold Table

Some things to remember come retirement ⬇️ :

✅ There will be expenses that will never go away, even after your debt is paid off and your dependents are out of the nest.

✅ You cannot rely on supplementary income from the government. It is not enough for retirees to pay for all fixed and living expenses at present (i.e. property tax, utilities, gas, groceries, etc). With Canada’s tax burden, supplementary income may not even exist in 15-20 years from now.

✅ Other variables matter! Such as how often you withdraw and what emergency cushions you want to have left.

📢 Follow us for more tips and educational content!