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Some Canadian seniors enter retirement without savings or run out of money over time. Here’s how they can stay afloat ...

Data from Statistics Canada tells us that Canadians in economic families between the ages of 55 and 64 have roughly $645,599 in retirement savings and $163,600 in financial savings. That would ...

It seems like we might have enough saved but it’s difficult to determine if I can afford to retire at 55. -Unfulfilled in My Career In short, yes – you should be able to retire at the ...

Ask people when they expect to retire and they are likely to say age 65. But that is not how it usually plays out. Some stay at their jobs into their 70s and 80s, and many hang it up far earlier.

Here are some income streams you can add to your retirement planning. Canada Pension Plan (CCP) The Canada Pension Plan (CCP) is a government-sponsored pension that distributes monthly payments to ...

My husband and I retired early at 55 with modest plans to travel around the US and Canada. Our lower retirement income has not gone far, and bad luck in the past year cut into our savings.

Where you want to live during your retirement also has an impact on how much you’ll need. For example, if you plan on retiring in another country, other rules and regulations may apply. Taxes, public ...

People are worried about affording retirement in both countries. In Canada, inflation and living costs make it harder to save, with more than three-quarters of Canadians worrying about running out ...