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Retirement Income for Life Getting More without Saving More Third Edition

by [Vettese, Frederick]

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Description

"Fred Vettese is the king of can-do retirement planning. Practical, clear advice from someone who knows what you're up against and has the answers." -- Rob Carrick, Globe and Mail

Canada's most trusted resource on retirement income is now updated for tumultuous times.

As the global economy faces uncertainty in the face of high inflation -- at levels not seen since the 1980s -- individuals in retirement or near to it are understandably anxious about their long term-prospects. Canadians need the tools to make better-informed choices to turn their retirement savings into retirement income for life.

This completely revised and updated third edition:

  • Explains how higher interest rates and higher inflation present both new opportunities and new 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 life 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.

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Product Details

  • ECW Press Brand
  • Jan 2, 2024 Pub Date:
  • 9781770417175 ISBN-13:
  • 1770417176 ISBN-10:
  • 264.0 pages Paperback
  • English Language
  • 9 in * 0.9 in * 6 in Dimensions:
  • 1 lb Weight: