In this video, I dive into the essentials of Defined Benefit (DB) plans in Canada, using a real client's DB plan as a case study. Learn how to carefully analyze your own plan, with a focus on understanding penalty calculations. Avoid costly mistakes that could potentially reduce your retirement income by thousands of dollars each month. Whether you’re planning for retirement or simply want to understand your DB plan better, this video will guide you through the key points to watch for.
#pension #canada #financialplanning
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