Curious about how much cash you really need to retire? Dive into the heart of retirement planning with us! From Canadian retirement income to real-life stories from folks just like you, we've got the lowdown on what it takes to live the good life after clocking out for the last time. Join us for practical tips, friendly advice, and a sprinkle of Scotsman charm as we explore everything from budgeting basics to embracing life's adventures. Whether you're dreaming of sandy shores or pickleball tournaments, let's craft a retirement plan that's as unique as you are.
If you have any questions, feel free to comment down below, and don't forget to like and subscribe to our channel to get the latest updates on retirement planning and investment strategies.
Straightforward retirement planning advice for Canadians. Planning your retirement income or wondering how you can reduce your taxes doesn't have to be daunting. Our goal at Beaches Financial Group is to help every pre-retiree and retiree in Canada cut through the financial jargon, streamline your finances and make the most of your golden years.
Bellwether Family Wealth Management - The Beaches Group
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Mail | beaches@bellvest.ca
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0:00 Intro
0:55 Average after tax income for a retired family in Canada
1:55 Average household spends
3:18 Inflation
4:54 Rules of Thumb
6:00 Reshaping your spending
7:12 Where Does the Average retiree's monthly expenditure go?
8:40 Healthcare
9:16 Food and utilities
10:16 Allocate a portion of your budget for health and wellness activities
10:52 Retirement income will likely come from a mix of sources
11:43 Outro
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