Video by Debt Free in 30 via YouTube
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Retiring with Limited Savings & Income? Here’s What To Do | Debt Free In 30 | A Personal Finance Podcast. Ep 360. Experts say you should have 10 times your income saved to retire, but for most people, that’s way too much money to realistically have by retirement age. What can you do if your savings are nowhere near that amount or, more likely, you haven’t even started saving yet? How can you plan a retirement on a limited income? Enter Jason Heath, Certified Financial Planner. On today’s podcast, Jason provides practical advice on retirement income sources like CPP, OAS, GIS, and how and when to claim them. He also helps listeners understand how to be strategic and make the most of their TFSAs and RRSPs for retirement. Tune in!
Links:
Objective Financial Partners Inc. website: https://objectivefinancialpartners.com/
Jason Heath on Twitter: (@JasonHeathCFP) https://twitter.com/JasonHeathCFP
Podcast 198 – How to Find a Credible Financial Planner: https://www.youtube.com/watch?v=ORuEiYR5zpI
CPP Information Canada.ca: https://www.canada.ca/en/services/benefits/publicpensions/cpp.html
Guaranteed Income Supplement (GIS) Information: https://www.canada.ca/en/services/benefits/publicpensions/cpp/old-age-security/guaranteed-income-supplement.html
Old-Age Security Overview: https://www.canada.ca/en/services/benefits/publicpensions/cpp/old-age-security.html
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