Retirement income for life : getting more without saving more
Canada's most trusted resource on retirement income, updated for tumultuous times. As the global economy faces uncertainty in the face of high inflation -- at levels seen only twice before in this century -- and the specter of recession looms, individuals in retirement or near to it are understandably anxious about living well long-term. Canadians need the tools to make better-informed choices to turn their retirement savings into retirement income for life. This revised and updated edition: -- Explains how higher interest rates and higher inflation present both new opportunities and 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 level-income 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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Retirement income > Canada > Planning. Retirement > Canada > Planning. Finance, Personal > Canada. |
- ISBN: 9781770417175 (pbk.)
- Physical Description xiv, 247 pages : color charts ; 23 cm
- Edition Third edition.
- Copyright ©2023.
Content descriptions
Bibliography, etc. Note: | Includes bibliographical references and index. |
Additional Information
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245 | 1 | 0. | ‡aRetirement income for life : ‡bgetting more without saving more / ‡cFrederick Vettese. |
250 | . | ‡aThird edition. | |
250 | . | ‡aRevised and updated edition. | |
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264 | 1. | ‡aToronto : ‡bECW Press, ‡c[2024] | |
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300 | . | ‡axiv, 247 pages : ‡bcolor charts ; ‡c23 cm | |
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504 | . | ‡aIncludes bibliographical references and index. | |
520 | . | ‡aCanada's most trusted resource on retirement income, updated for tumultuous times. As the global economy faces uncertainty in the face of high inflation -- at levels seen only twice before in this century -- and the specter of recession looms, individuals in retirement or near to it are understandably anxious about living well long-term. Canadians need the tools to make better-informed choices to turn their retirement savings into retirement income for life. This revised and updated edition: -- Explains how higher interest rates and higher inflation present both new opportunities and 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 level-income 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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