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Retirement

Sources of Retirement Income

 

Pension Plans

Generating a steady stream of income once you no longer work will be one of your greatest challenges in retirement.


Most Canadians use a combination of these four sources:

  • government pensions
  • employer pensions
  • registered retirement savings
  • other personal assets

Once you've familiarized yourself with these sources of retirement income, estimate your retirement income.

Remember: when calculating your retirement income, consider all potential sources of income as well as those of your spouse.


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06/15/2006 17:56:40