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Planning retirement this side of the Canada pension plan
A columnist argues Canada’s pension reforms will be modest due to debt and deficits, urging Canadians to supplement government programs with early retirement planning. It stresses starting in your forties, consulting a financial planner, and accounting for inflation while targeting a comfortable retirement lifestyle beyond 65 with OAS at 330 a month and CPP up to 556 a month, totaling about 10 000 to 11 000 per year.
MENTIONED IN THIS ARTICLE
Canada
Ottawa
Canada Pension Plan
OAS
CPP