K96.3 FM Radio Spot
Q: What age do most people really start to think about retirement? And what should they be asking themselves?
A: Most people start to get their act together and really start thinking about their retirement at 50.
Research shows a continuing anxiety among Canadians with regard to funding their retirement - and often that concern is highest among mid and higher income earners used to more extravagent lifestyles than someone making $40,000 a year.
A good question is "Do I have a written plan forecasting income and expenses in retirement, to ensure I don't run out of money?"
In addition, a research study commissioned by Scotia bank revealed almost 70% of people expect to work after retirement so it depends how you define retirement. Maybe it's you work because you want to not because you have to or maybe the other way around.
A: Most people start to get their act together and really start thinking about their retirement at 50.
Research shows a continuing anxiety among Canadians with regard to funding their retirement - and often that concern is highest among mid and higher income earners used to more extravagent lifestyles than someone making $40,000 a year.
A good question is "Do I have a written plan forecasting income and expenses in retirement, to ensure I don't run out of money?"
In addition, a research study commissioned by Scotia bank revealed almost 70% of people expect to work after retirement so it depends how you define retirement. Maybe it's you work because you want to not because you have to or maybe the other way around.
posted by David Allard at
9:53 AM
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