It's Personal Finance Canada

How to Retire with Enough Money


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Of course I’m ready and saved up to retire, it should only cost about $1400 to get new tires on my van, oh wait that’s not what retirement means, it’ll cost how much!?? This week we review “How to Retire with Enough Money: And How to Know What is Enough” by Teresa Ghilarducci Ph.D, an academic that can actually communicate with average people. Find out why the author thinks people need to take retirement seriously, whether its better to budget 70% or even 100% of your current expenses for retirement, how many times income you'll want to save and more. Plus we provide needed Canadian context and alternatives to help you make this all work in your own life.

If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com 

Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

Useful Resources:

Nov 2023 Stats Can Retirement savings report: https://www.statcan.gc.ca/o1/en/plus/4868-canadians-retirement-savings-trend-upward-cost-living-continues-squeeze-budgets


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It's Personal Finance CanadaBy Christine Conway, Cameron Conway

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