Secure cashflow for a secure retirement

Secure cashflow for a secure retirement

Published By: Schroders | 16/09/2019

The trend of mortality statistics in Canada has brought good news – Canadians are living longer. The implication for people considering retiring at age 65 is that they can expect to enjoy a long retirement. In fact, a male Canadian who has just retired, aged 65, will on average spend 19 years in retirement and a female 22 years. Further, 27% of males and 41% of females can expect to spend over 25 years in retirement.1 Any improvement in mortality would obviously increase these fi gures further.

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