This Think Smart with TMFG episode, hosted by Mike Connon and Carlo Cansino, Financial Advisors at The McClelland Financial Group of Assante Wealth Management, explores the top concerns Canadians face as they approach retirement. The hosts highlight the challenges of balancing financial security, health needs, and market uncertainty as retirement gets closer.

Key Takeaways

Healthcare Costs: Many retirees worry about rising healthcare expenses and whether government benefits will be enough to cover long-term care needs.

Outliving Savings: A major fear is running out of money, especially with longer lifespans and unpredictable expenses in retirement.

Market Volatility: Concerns over potential market corrections can create uncertainty about whether investment portfolios will sustain income over time.

Balancing Lifestyle & Security: Retirees struggle between enjoying their savings now and preserving enough for the future.

Final Insight