-Develop Not Just a Retirement Plan But a Retirement Strategy
By far the most predominant question among Canadians that are in the early stages of retirement or who are contemplating entering this stage of life is:
“Will I have enough money to last my lifetime without compromising my lifestyle?
In an earlier article entitled, “Risky Business”-The Retirement Conundrum”, I identified the various financial risks that must be considered in developing a retirement plan. The question posed reflects one of the more challenging risks associated with retirement-longevity risk.
But this is only one of several financial risks that need to be addressed or at the very least understood, when contemplating retirement.
Let me explain. READ ON