Retirement Do’s and Don’ts
A simple checklist of retirement do’s and don’ts can make your planning so much more simpler. Also knowing what you think retirement actually means might help too.
A simple checklist of retirement do’s and don’ts can make your planning so much more simpler. Also knowing what you think retirement actually means might help too.
If you are a Canadian Federal Civil servant one the important numbers you need to remember is that the magic number is 85 for parts of your retirement plan.
Get a colonoscopy, if your Doctor recommends it. However, if you only start thinking about your retirement when he tells you that, you are late.
The 4% draw down theory for withdrawing money from your RIF (your RRSP once you have changed it) has some interesting issues if you live too long.
The 4% draw down theory is that when you retire you withdraw at least 4% of your retirement savings each year (normally), but is that normal?