How To: Financial Preparation for Retirement
On November 18, 2013 the Financial Consumer Agency of Canada released a financial preparation guide entitled Living in Retirement. The guide deals with a number of topics including:
• Budgeting in retirement
• Sources of retirement income
• Public pension benefits, tax credits, and other benefits for seniors
• Working in retirement
• Preventing financial abuse and fraud
• Dealing with transitions such as changing living needs, care giving, and the loss of independence
The English version of the guide can be found RIGHT HERE.
Action Item: Plan early for retirement – check out this Guide! Contact us if you need any further help!
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