Episode 15: How to Avoid Outliving Your Savings
Your Canadian Retirement Specialist
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Show Notes
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The most common feeling pre-retirees feel is the foreboding sense that they will not have enough money saved to last the remainder of their lives. We all have a target age in our minds for when we would like to retire, but sometimes circumstances decide for us. An unexpected layoff from our employer or a sudden illness can cause us to retire earlier than we planned. On the other side, economic downturns or unlucky investments can make us feel we have not saved enough for retirement and therefore cannot start living off our savings quite yet.
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