You can
retire but your money
can't!
For much of your adult life, the question is "How much do I have to save to fund my retirement?" But as you approach retirement, or if you're already retired, the question becomes "How can I make the most of what I have saved?" Many Canadians live for over twenty years in retirement — that's a long time to make your nest-egg last. If you're not working, then your money had better be!
Make the Most of What You've Got is the comprehensive, common-sense guide for everyone who wants to make the most of their retirement, whether you're already retired, or just approaching the threshold:
- Helps you maximize your retirement income and minimize your tax bill.
- Explains how to plan for a dependable retirement income, turn your investments into income, and manage your investment portfolio in retirement.
- Alerts you to the top ten retirement planning mistakes.
- Covers the complex decisions you need to make about your nest-egg: dealing with maturing RRSPs, deciding whether a RRIF or an annuity is right for you, determining if you can afford to retire early, and much more.
- Prepares you for working with your financial advisor or planner.
- Features practical examples, checklists, forms, tips, and Q&As.
Sandra E. Foster, RFP, FCSI, specializes in wealth management. Her common-sense approach helps Canadians make decisions that fit their personal situations and makes her a popular, sought-after speaker. She is a regular contributor to Advisor's Edge and has written on a wide range of financial issues in IE Money, The Toronto Star, and The Globe and Mail. She is the author of You Can't Take It With You: The Common-Sense Guide to Estate Planning for Canadians, which is a national bestseller and winner of the 1998 Canadian Association of Financial Planners Multimedia Award.