
This frugal Toronto couple is on track to have $14,000 per month in retirement income
A couple we’ll call Tom, 59, and Millie, 52, live in Toronto where they work respectively, in scientific research and accounting. They bring home $16,900
Eliott is a regular contributor, in the National Post’s Family Finance column, providing financial advice to Canadians. Eliott specializes in retirement planning and understands that each retirement situation is unique and uses his expertise and a detailed process to create a personalized approach to retirement planning. Many factors are unique to each retirement, and his thorough financial planning process leads to long-term success, helping clients understand their options and achieve their dreams. The key is to plan for an efficient long-term retirement income from all sources and implement that plan in a way that is not going to be changed due to market conditions.
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A couple we’ll call Tom, 59, and Millie, 52, live in Toronto where they work respectively, in scientific research and accounting. They bring home $16,900
A couple we’ll call Richard, 50, and Marianne, 51, live in B.C. with their two children ages seven and nine. Richard handles transport tasks in
In Ontario, a couple we’ll call Robert and Elly, both 50, are raising three children ages 16, 18 and 20. The parents are civil servants
Ron and Mary would have more than enough to meet their modest goals, expert says In Alberta, a couple we’ll call Ron and Mary, ages
A woman we’ll call Brenda, 56, lives in Alberta with two children aged 22 and 14. She brings home $5,250 per month and adds $4,000
Their choice to close the gap is either to spend less or to sell their $400,000 antique car In Alberta, a couple we’ll call Roger
The challenge, expert notes, is to find a way for a person with a modest income and pension plan to retire before 65 A woman
Sarah will also have to work part-time for five years to meet her goals of $60,000 a year A woman we’ll call Sarah (not her
East coast couple has to realize that balancing costs and income will be a challenge In Nova Scotia, a couple we’ll call Vern and Lucy,
Curtis’s pensions and current investments aren’t enough to reach his goal, yet he is more anxious about his finances than he needs to be In