Make the Most of What YOu've Got: The Canadian Guide to Managing Retirement Income - Softcover

Foster, Sandra E.

Softcover

ISBN 10: 0471642819 ISBN 13: 9780471642817

Publisher: John Wiley &Sons, 2009

Synopsis

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.

About this title

About the Author

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.

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.

Edition details

• Publisher: John Wiley &Sons
• Publication date: 2009
• Language: English
• ISBN 10: 0471642819
• ISBN 13: 9780471642817
• Binding: Paperback
• Number of pages: 328