Canadians think they need savings of $1.7 million to retire according to a recent BMO survey. WIth a large majority of people struggling to make ends meet, saving for retirement seems out of reach. Realistically, how much do you need to retire? And what happens if you don’t have enough money saved? How much longer will you have to keep working before you can retire?

Licensed Insolvency Trustee, Matthew Fader talks about what Canadians are doing to prepare and how you can budget for your retirement. Other topics covered are:

• Why slowing down may be the new version of retirement
• Shifting perception and retirement trends
• Saving while in debt
• Options to get you back on track
• Free or cost effective resources available

Licensed Insolvency Trustees are federally regulated and approved by the Canadian government. They are the ones that will give you unbiased advice about your finances and options for managing your debt. 

About Matthew Fader

Licensed Insolvency Trustee Matthew Fader has worked in the insolvency field since 2005 and joined Allan Marshall and Associates in 2017. His positive outlook helps reassure his clients with any financial insecurities they may have. Matt’s goal is to ensure that everyone has the best possible experience and is treated with respect. 

Additional Resources 

• Allan Marshall & Associates Licensed Insolvency Trustee
• Are You Retiring With Debt in Canada?
• Retirement Planning Tools: Old Age Security (OAS), RRSP’s & Pension Plans

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