Planning your retirement

The definition of retirement has changed a lot in 10 years. Today, retiring does not necessarily mean that you stop working altogether. A number of options are now available, such as phased retirement.

Planning for your golden years is even more important now that you need to choose an “exit strategy.” Yet nearly 3 out of 4 Quebeckers have never calculated the savings they’ll need for retirement. Don’t be one of them!

There is no magic formula to ensure a certain standard of living in retirement. And even if public plans will provide part of your income, you still have to plan and save for retirement – however little – as soon as possible.

Simplify your planning in 3 easy steps:

• Determine your sources of retirement income
• Calculate the amounts you need to save for retirement with our retirement income simulation tools.
• Consult a financial planner and choose your savings vehicles.