Retirement Income for Life
Frederick Vettese
Availability:
Ebook in EPUB format. Available for immediate download after we receive your order
Ebook in EPUB format. Available for immediate download after we receive your order
Publisher:
ECW Press
ECW Press
DRM:
Watermark
Watermark
Publication Year:
2024
2024
ISBN-13:
9781778522390
Description:
<p><b>Canada’s most trusted resource on retirement income, updated for tumultuous times</b></p>
<p>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:</p>
<ul>
<li>Explains how higher interest rates and higher inflation present both new opportunities and challenges to retirees</li>
<li>Illustrates how the expansion of the CPP (which started in 2019) will affect upcoming retirees</li>
<li>Examines the impact of inflation on the deferral of CPP and OAS pensions</li>
<li>Explores whether level-income annuities are still relevant and asks whether there are better products on the market</li>
<li>Provides a revamped retirement calculator</li>
</ul>
<p>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.</p>
<p>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:</p>
<ul>
<li>Explains how higher interest rates and higher inflation present both new opportunities and challenges to retirees</li>
<li>Illustrates how the expansion of the CPP (which started in 2019) will affect upcoming retirees</li>
<li>Examines the impact of inflation on the deferral of CPP and OAS pensions</li>
<li>Explores whether level-income annuities are still relevant and asks whether there are better products on the market</li>
<li>Provides a revamped retirement calculator</li>
</ul>
<p>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.</p>