Retirement: How to save enough to meet my needs - Step 1 of 5

Retirement: How to save enough to meet my needs - Step 1 of 5 (0 min 34 s)

Added on June 27, 2012

Description

Are you retired and want more information on financial strategies you can implement to ensure that you have a comfortable life? Competent and knowledgeable Desjardins experts will answer your questions and guide you.

Video: Retirement: How to save enough to meet my needs - Step 1 of 5

Retirement: How to save enough to meet my needs - Step 1 of 5 (0 min 34 s)

Added on June 27, 2012 | Personal

Question: I retired a little while ago. I have money in an RRSP, a TFSA, and my employer's retirement plan. How do I make sure I have enough income to meet my needs? What will happen with my RRSP and my other investments?

Answer: Your advisor will help you evaluate your needs and desired standard of living.

We recommend using your non-registered savings first and then your registered savings in order to shelter your money from income tax as long as possible. Your advisor can help you plan how to use your various income sources so you receive a regular retirement income.