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Retirement income for life

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Retirement income for life

Par : Frederick Vettese

Editeur : Ecw Press

Numéro de produit : 9781778522390

ISBN : 9781778522390

18,99 $

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Canada's most trusted resource on retirement income, updated for tumultuous times

As the global economy faces uncertainty in the face of high inflation -- at levels seen only twice before in this century -- and the specter of recession looms, individuals in retirement or near to it are understandably anxious about living well long-term. Canadians need the tools to make better-informed choices to turn their retirement savings into retirement income for life. This revised and updated edition:

  • Explains how higher interest rates and higher inflation present both new opportunities and challenges to retirees
  • Illustrates how the expansion of the CPP (which started in 2019) will affect upcoming retirees
  • Examines the impact of inflation on the deferral of CPP and OAS pensions
  • Explores whether level-income annuities are still relevant and asks whether there are better products on the market
  • Provides a revamped retirement calculator

Actuary Frederick Vettese demystifies a complex and often frightening subject and provides practical, actionable advice. With over one thousand Canadians turning 65 every day, the cultivation of good decumulation practices -- the way in which you draw down assets in retirement-- has become an urgent matter that no one can afford to ignore.