The Seniors Hub
  • Home
  • Seniors Hub Toolkit
  • Hub Blog
  • Community Events
  • About Us
  • Our Community Partners
  • Directory of Services
  • Government Resources
  • Allies In Aging
  • Volunteer Opportunities
  • Seniors Hub Services
  • Neighbourly Together
  • Better at Home
  • Caregiver Support Group
  • Transportation Needs
  • AssistList
  • Silver Screen
  • Our Facebook Page
  • Join Our Mailing List
  • Contact Us

Senior Retirement Planning - something to think about

1/18/2014

0 Comments

 
Seniors Retirement
How Much 
Will We Need 
to Retire 
Comfortably?


For those of us older 55+ who have thought about retiring and have found that our savings have not merited much of anything due to low interest rates, this information from the Financial Consumer Agency of Canada may be of interest to you.

It is overwhelming to discover how much we need to save in order to retire comfortably. 

For many of us, it seems like we will have to work forever if we hope to continue to live in Vancouver.

For those of you who own homes, you have 
ready assets that can be used to apply to your housing and savings. If you are not in this category, here are some factors that can affect how much we will need for our retirement:

  • Your retirement goals
  • Current spending versus expected spending
  • When we want to retire versus our life expectancy
  • How much we will get from Canada’s public 
  • pension program?
  • The impact of inflation

Please do not delay. When online, visit the Financial Consumer Agency of Canada website, Saving for Retirement section to find out more about these factors, so it will not be a shock when you retire. 

If you need further support and information, please make an appointment with Margaret Kocuiba, South Vancouver Neighbourhood House Information and Referral Councillor (I&R) at 604-324-6212.

We always welcome your comments and feedback below... 


0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Picture

    Our Blog




    • Join Our Seniors Hub Mailing List

    Picture
    "Like" us on facebook

    Picture
    View our videos

    Archives

    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    July 2014
    May 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    August 2013
    March 2013
    August 2012


Join our Mailing List
© Copyright 2012-2018 | South Vancouver Seniors Hub Council | The Seniors Hub | All Rights Reserved
site proudly Powered by weebly  |  Website developed by carol weaver creative
✕