How to tell if your savings will last in retirement

How to tell if your savings will last in retirement

Funding your retirement

You’re faithfully investing for retirement but still wonder what your retirement paycheque will look like and how you’ll spend it.

There is no substitute for a complete financial plan that will take into account all of the variables your retirement will likely face (changing markets, inflation spikes, health issues and other unexpected events).But before you create a detailed plan, you can take a self-snapshot to give yourself an idea. The first step in determining how much you can spend is to understand these basics: • Your fixed expenses – This includes costs of housing, food, medication, and […]

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