Retired residents in Canada are a lucky bunch because they have guaranteed income for life. Programs such as the Old Age Security (OAS) and Canada Pension Plan (CPP) are available when you leave the mainstream to transition to the sunset years . But before you take the retirement exit in 2021, can you retire with no savings and rely on only your OAS and CPP pensions? The basic rule of thumb
Most retirement experts recommend that you have about 70% of your current income to maintain your current standard of living in retirement. Do some pencil-pushing to see […]
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