Why Retirement Income is so Important
Jason 0 Comments Retire Wealthy Retirement Planning Tips for Retiree's
Canada is getting older in 1980 less than 2 A5
million Canadians were over the age of 65 around 9% of the Canadian population recently that
number was over 7.3 million almost 19% of the population in 1980 the average 65-year-old could
expect to reach 81 now the average 65-year-old can expect to reach 86 and there are almost 50% more
Canadians aged 100 or older than there was two decades ago basically more Canadians are getting
older and living longer which poses a significant challenge for retirement funding traditional
retirement savings have relied on withdrawing from a fixed amount of capital with some cash
flow from CPP OAS and fixed income Investments like bonds and gic's however as Canadians live
longer they may expect significant costs down the road such as long-term care at the same
time most of these fixed income Investments are paying at rates below current inflation
levels and what about running out of capital some Canadians are faced with the difficult
and complex choice of delaying retirement or going back to work compromising the retirement
lifestyle dreams or passing on the cost of care to the Next Generation attractive and steady
monthly income can help simplify things for retirees Harvest Equity income and enhanced Equity
income ETFs pay consistent monthly income at rates above inflation they are RSP and riff eligible
they hold portfolios of established companies that remain exposed to market growth High income
from Harvest Equity income ETFs can help retirees offset their Rift payments supplement income
and Live Well into retirement visit our website for more information on harvest income ETFs for
retirement Harvest income happens [Music] here
