Canada Retirement Information
A startling new survey has found that half of those polled said they fully believe that middle-income families are unable to save for a safe and secure retirement.
So if nearly half of us believe that many cannot save enough for retirement, what are we to do? Are the other half just rich, and do not have to worry about retirement savings, or are they better at planning for retirement?
In Canada there are many avenues to think about when it comes to retirement. There are many long-standing plans and institutions in place to help guide us into retirement in Canada. With more Canadians working longer into their senior years, are there ways to retire early, while being comfortable?
Financial security is best gained through early planning. It is generally acknowledged that we should start saving for retirement around the age of 30. Better still, we should start even earlier and have a solid plan going ahead.
But of course most don't follow what they already know. A lack of money, or finalizing debt payments keeps many from saving for retirement. Others seem to place their faith in government programs to help bridge any gaps in their financial planning.
This website was created to help those who feel that the retirement they hope for may be out of their reach, and for those who just don’t know where to begin. We have given background information on topics such as government pension plans, Old Age Security, private pension plans, pension funds and even assisted living. Use the menu on the left to get started.